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Dinarland Highlights for October 25, 2022

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Dinarland Highlights – 10.25.22

MilitiaMan (KTFA)

Article:
“Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate

The CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently… It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry… The amount of data out today on this matter is awesome…imo…

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Samson (KTFA)

Article:
Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate

Quote:
“…signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually.

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Walkingstick (KTFA)

[via Frank26]

These banks [CBI satellite banks] are in position.  Their job is to pick up the remaining 3-zeros that the CBI has not been able to retrieve.  It’s brilliant…not all of these banks have opened but they are opening.  Walkingstick’s friend has already opened theirs.  They are now in position to welcome Iraqi citizens that may have 3-zero notes that they took with them when they fled…They’ll be trading them in for the international rate because they’re outside of Iraq.  Basically they’re investors like you…

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Pimpy

I hear all the buzz. I knew this was coming.  I said it was coming.  I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar…there were two articles today that were talking on the restoration of the exchange rate…against the U.S. dollar…the first move is going to go to the previous exchange rate.

If I remember correctly they said they had no intentions on changing the exchange rate for 5 years.  But that was back in February…What has changed since February The government.  Their intentions were to stay with the white papers, do the reform…Since then Maliki and the coordinating framework have taken control and they are building the government right now.  That whole ‘waiting 5 years’ is out the door. We know this because we’ve seen articles within the past 2/3 weeks where they said they’re going to change the exchange rate.  We know they’re going to do it.  And it ain’t going to be 5 years from now…

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MarkZ

[via PDK]

I am hearing really fantastic stuff from all around the world…My contacts in Iraq are hopeful that before their day ends today they will have a seated government 

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Nader From The Mid East

The voting of the prime minister Sudani, it’s not a bad thing…the world is watching…besides Maliki, nobody in Iraq is pro Iranian.  Iran is Iran.  Iraq is Iraq…After all Sudani is not gonna be bad.  He’s not pro Iranian.  He works for a crook, yeah which is Maliki yes…Sudani is not a bad guy.  He’s just worked or still working maybe for a crook, which is Maliki.  I think he’s gonna work for the Iraqi people a lot.

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Mountain Goat

I have told you…that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to exchanges outside of IraqSo, what is the good news then about this? It does tell us that the QFS now allows the IQD to be reinstated at the new rate but that this still has to be approved but can now be accomplished and is a reality…finally! It also tells us we are extremely close!

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Breitling

Question:
Is Warka back on board?  Can we connect with them?”

They are not back on board.  Remember Warka is a Sunni bank.  It’s a Sunni family.  The Shia wan to control it.  There’s a fight going over who’s gong control it.  Nobody wants to destroy it.  Nobody wants to get rid of it…In the end, not the institution of Warka but how it’s going to function is still in the hand of the CBI.  I have complete confidence in the CBI because that’s one of the number one banks… nothing is about to get shut down…

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Kaperoni

It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away.  By the issuing lower denomination currency as needed as the value of the dinar increases.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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