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Dinarland Highlights for October 19, 2022

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Dinarland Highlights – 10.19.22

Mountain Goat

Article:
“FOR THE FIRST TIME IN ITS HISTORY, BANK DEPOSITS IN THE CENTRAL BANK APPROACH 180 TRILLION DINARS”

Quote: 
“…“The value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank”

So, again they are telling us the amount of dinar now in circulation which is 82 trillion dinars (or about 82 billion US Dollars worth.)  …they kept telling us in the past they could not get the peoples money in the banks. So now we know this is not entirely true and they are having some success in doing so and this is the proof as 180 trillion nor about 180 US Dollars in the banks is not that shabby. I would call this program VERY successful!

Article:
“IRAQ TOPS THE ARAB WORLD AMONG THE 10 FASTEST GROWING ECONOMIES IN THE WORLD”

Yes, and with a currency worth only 1/6 of penny? Yes, and ranked 13th in the world in Gold Reserves and with a 90 billion dollar Central Bank reserves. How about completing the currency reform and getting the dinar reinstated for investors?

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Samson (KTFA)

Article:
A “rumor” causes a significant drop in dollar prices in Iraq

Quote:
The rumors circulating about the new government’s intention to reduce the price of the dollar against the Iraqi dinar to be 130,000 dinars for 100 dollars, and the possibility that it will be returned to its old price prompted citizens to sell their dollar banknotes. This led to a large supply compared to demand in the local markets.”

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Frank26 (KTFA)

Article:
Al-Sudani presents his booth to Parliament on Thursday.. And the Kurds decide their ministries

THEY SAID 14 DAYS, THEN THEY SAID 10 DAYS, THEN THEY SAID THIS COMING MONDAY, THEN THEY SAID THURSDAY… THIS IS THE SPEED OF THE MONETARY REFORM.

Article:
“The European Union congratulates Rashid on the election and the assignment of Al-Sudani and stresses the need to expedite the formation of the government”

Everybody!  Congratulations, congratulations, congratulations!  If this wasn’t going to succeed nobody would be saying congratulations.  Nobody would be bending backwards to reach across the border to shake hands of these new leaders…leaders are being born in Iraq …

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Wolverine

The Engine will start this Thursday. They have given the Green Light.

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Humble1 (TNT)

Article:
Civil Aviation: Iraq will soon be free from international sanctions

Quote:
…during 2019, Iraq reached the rate of passing about 75% of the testing and auditing,” stressing that “Iraq will pass the remaining percentage in the near future to get out of international sanctions..

A definite move in the right direction…

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Walkingstick (KTFA)

[via Frank26]

Question:
What is the procedure now that we’ve got the president and the prime minister how does the government get seated?”

…the next big thing you’re looking for – we need Sudani to announce his government by giving us the names of his cabinet members…once we sit the government we have a budget, an exchange rate, we have a gradual increase…an un-pegging, and a controlled float.  These are wonderful times that we are experiencing…

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Bruce (The Big Call)

[via WiserNow]

…we’ve got contacts in Iraq that we do talk to…that are saying that there have been celebrations going on a few days ago. They are celebrating I believe, their new government and the prospect of a new rate, which we have heard what the new rate might be on our screens…Dr Shabibi, said that the dinar would support a rate of XX dollars 10 years ago… Dr. Shabibi was projecting something that is on the screen now…The rates are going to be very very strong…    so that’s a very positive thing…for us…they’re essentially ready to go and… have been ready to go for quite a while.

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RVAlready (TNT)

Article:
“Al-Kazemi: We were deprived of the freedom of the Sudanese by naming ministers, and the issue of tax secretariats do”

This is a good, clarifying article on Iraq’s finances, some of the corruption, and who is to blame.  Hopefully, the new government will proceed to eliminate corruption, and deliver the RV to the people and the international community.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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