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Dinarland Highlights for October 10, 2022

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Dinarland Highlights – 10.10.22

Clare (KTFA)

Article:
The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars”

Quote:
Central Bank Adviser Ihssan Shamran Al-Yasiri said ‘the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.’  He stressed that ‘the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation.

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Pimpy

There’s absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar.  None…

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Kaperoni

And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq’s economy and diversification away from oil. Iraq has a ways to go!

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MarkZ

[via PDK]

In Iraq:
A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability

These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday: 

The Central Bank of Iraq obtains an international certificate in cash management…the Central Bank of Iraq obtained the ISO certificate…related to the quality management system in terms of cash management…

This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big  news.

…if Iraq goes first I think it will force Vietnam to move up its time frame –imo…

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Samson (KTFA)

Article:
Iraq achieves self-sufficiency in the production of tractors and agricultural combines”

Quote:
the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”

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Frank26 (KTFA)

Everyone of these articles that I say “not at a program rate’ is evidence – is solid proof that the Iraqi dinar is not what it was.  And it’s being introduced to the international world at a completely different rate with a completely different value potentialwhy?  Cause the economic reform is exploding…

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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