Dinarland Highlights – 11.9.22
From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go.
“The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
“Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change“
“decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise…the current and next two years are the most appropriate time to bring about this monetary change.“
[Iraq boots-on-the-ground report]
FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens.
FRANK: Isn’t that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI…Once that happens all hell will break loose!
FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced.
FRANK: I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced…
We knew this would be a tumultuous week…sit back and do not panic. I believe this is the line in the concrete – not sand…Quiet overnight as expected. Nothing on the RV front…
The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate…stating they have no intentions to change it for 5 years. That’s what they say. Quick reminder, when the Kuwait dinar was finally reinstated…they had told the world they were not going to reinstate the rate for quite a while.
Then they did it two days later. I’m not saying that Iraq is going to change the rate of the IQD. I’m just saying you got to understand why they won’t just come out and tell you they’re going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It’d be a bad situation.
The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar.
The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry.
This is the beginning of a slew of article I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens – it has now started at a much deeper level.
“Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar”
Every time you hear the politicians talk they’re telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency – 1190. All these articles are untruthful BS.
Bruce (The Big Call)
…we heard something today, from…one of our sources – it said they expected the emails to the bondholders to actually go out… Wednesday night into Thursday…These are the emails that we give them access to their funds…which…put us getting notified maybe Thursday morning…But one…very strong source said before afternoon Thursday…and of course Wells Fargo redemption center was talking about this week being anything from the 6th all the way through the 12th. I feel as though things are coming together for us finally…So I’m excited about it..
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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