Dinarland Highlights – 11.15.22
Just about every agency out there The UN…IMF…and including the CBI have told us they do not need permission to change the rate but, there are articles coming out from no name ministers saying they are not going to vote to change the rate yet…. Well, they don’t have to vote to change the rate. The CBI is in charge of that now. The GOI did their part and now it’s up to the CBI.
Question: Mark, can you explain why/how Kuwait revalued so quick compared with Vietnam or Iraq. MarkZ: There wasn’t as much to be gained when Kuwait changed value. It was a smaller country with bigger reserves. It was more stable and very easy to pull off. No internet or computers back then so it was easy for them. When they did go- they were able to keep the new rate quiet for about 10 days. I guarantee you that Iraq would have already changed value if we had not found out about it. The goal was never to reward us…it was for the Cheney/Bush crowd…the elites….
[Do you think we will see the RV before the end of the year?] I really do. I think we will see it before the end of this year…imo, we are watching it come together…I believe we are on the cusp and could go at any moment.
I am pretty sure the CBI has given the Finance Minister the RV rate, else they would have no basis for the budget!!!
According to Mazhar Muhammad Salih, the government’s financial advisor, there may be an option to gradually increase the value of the dinar. He said, “Any future adjustment of the exchange rate must be implemented gradually over one year to provide the appropriate climate for price adjustment.“
There is nothing random to an increase in the value of the dinar. We all will know because Iraq’s economy will begin to prosper. When they start manufacturing products and create a diverse economy away from just oil then the central bank will float the dinar and the currency will begin to rise as the economy grows. That’s how currencies work…
“Al-Mandalawi stresses the need to expedite the presentation of the budget law”
THIS IS THE LAW THAT WILL GIVE IRAQ ITS BUDGET, ITS REFORM, ITS WHITE PAPERS, ITS CONTRACTS, & ITS EXCHANGE RATE WITH NSCN’s TO MATCH THE MATH.
[Iraq boots-on-the-ground report]
FIREFLY: The CBI is constantly telling us the rate will not be changed upon the ’23 budget. But that does not bother us anymore…we simply wait and see.
FRANK: I don’t care that it comes from the CBI because it’s not coming from the governor. It’s coming from the liars of the Framework…if you see the governor come out and tell you then we would consider it. But he is not…
“Economist: Iraq’s association with the International Monetary Fund prevents resorting to a devaluation of the dollar“
“Saleh Al-Hamashi, explained that changing the value of the dollar against the dinar is not possible during the current period, especially with Iraq’s association with the International Monetary Fund, as devaluation will lose confidence with this fund.”
To say that there is no rate change that is coming…that’s baloney. No one can come out and say there will be no rate change for years to come. That’s not logical…an exchange rate can and will fluctuate. And the CBI cannot predict those changes. Especially not years down the road…
“Iraq unveils ‘strategic project’ to boost oil reserves“
Iraq is literally floating on oil…Iraq is serious about offshore exploration…they know the oil is there, it’s just a matter of getting access to this massive amount of oil…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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