Dinarland Highlights for October 16, 2022

Dinarland Highlights – 10.16.22

RVAlready (TNT)

I think the UN already gave them a deadline for the RV. We are on the clock.

If IQD does come out close to KWD. KWD is 3.22 USD. This would then be minus the bank’s spread.

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Frank26 (KTFA)

Article:
“Economist: The new government has a golden opportunity to reduce the dollar exchange rate“

THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE  BUT YOU CAN REDUCE IT!

Quote:
“The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage“

THIS IS THE FLOAT… NEXT STAGE.

Article:
“Iraq tops the list of Arab countries with economic growth for 2022“

CAN YOU IMAGINE WHAT IRAQ’S GROWTH WILL BE WITHOUT A PROGRAM RATE.

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MilitiaMan (KTFA)

Article:
“The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues“

The language that is used is strong.  The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn’t have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.

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Sandy Ingram

Once a president is elected by parliament then the parliament votes on a prime minister.   One half of the news media around the world is announcing a new president and prime minister in Iraq.  The national media called the Prime Minister a Nominee.

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Samson (KTFA)

Article:
“The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate“

Quote:
“there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar…”

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Pimpy

There’s a lot of excitement inside the dinar community.  All kinds of exaggeration on rate changes…Let’s be honest.  There is talk of a rate change but how much, no body knows.  I’ve actually heard somebody saying that there’s a 18 to 1 exchange rate.  That’s the rate that we’re going for – 18 to 1?  So for every 1 dinar they’re trying to claim that you’ll get $18 American dollars…that’s not what’s going to happen.

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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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