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Dinarland Highlights for December 2, 2022

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Dinarland Highlights – 12.2.22

Walkingstick (KTFA)

[via Frank26]

[Walkingstick’s Iraqi Bank partner/friend update]

All the private banks and the CBI are meeting right now…the #1 thing we are discussing…is the money laundering.  Most of this has been dealt with…we are constantly talking about the new small category notes – Where to store them. How to issue them…and we are in conversation about the exchange rate we are about to release.  Also, we meet with the CBI to talk about the international float…the currency exchange process…

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MarkZ

[via PDK]

The Kurdistan region proves its share of next years budget. How much?”

14 % of the budget is going to Kurdistan. This is huge. This is the first time since we have been watching this that they have agreed to HCL/140 . We were told this was key before they announced the rate according to my contacts over there. CBI have been waiting for this I was told…In print they have agreed to the oil and gas law.  All money will get shared as it is supposed to get shared.

its exceptionally quiet right now on the RV front…even out of Iraq…There is nothing negative. Everyone is still very upbeat…It could be at anytime…we do not know the timing…

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Clare (KTFA)

Article:
Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed

Quote:
“It is noteworthy that Iraq has – so far – 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars”

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January.  He’s saying it’s just his opinion.

FRANK: Yes the budget draft law will open the reforms…

Article:
Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet)”

A GOVERNMENT BY NEXT SATURDAY… THEN THE BUDGET AND ALL THE LINE ITEMS REVEALED.

Article:
Al-Salhi Announces The Date Of Raising The Budget To The House Of Representatives And Voting On It

THEY SAY BUDGET BY TUESDAY… MISSED THE 5TH BY 1 DAY.

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BeeDeeDub

I just called the Wells Fargo foreign exchange Thursday, December 1, 2022 at 11:27AM EST.  When I called last night, I called (apparently) after business hours at 7:45PM EST…I asked if I had the Foreign Exchange people, and she said “Yes”.  I told her I had some foreign currency which I might like to exchange for U.S. Dollars.  She asked which currency, and I told her the Iraqi Dinar.  She explicitly stated “No, I’m sorry, we don’t handle the Iraqi dinar.  We do not exchange that particular currency.”  So there you have it.  I got the exact same message from a LIVE PERSON as I had received last night from a recorded message.

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MilitiaMan (KTFA)

We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc…They have the 2003 Budget in the news today too…That meeting with the IMF had auditors at the Federal level… Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament…the data necessary for a rate change is likely upon us sooner than later.

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Pimpy

Every time I read the news…it’s not like I’m standing around clapping, going ‘oh, good I gotta wait even longer to see any kind of real change in the exchange rate.’…it’s to the point now where I cannot picture them [Iraq] moving forward with the same currency knowing that there’s that much out there in the hands of some corrupt people.  Maybe the international community won’t care.  I doubt it…Most likely what’s going to happen is they’re going to have to issue new currencies making the stolen currency obsolete

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Bruce (The Big Call)

[via WiserNow]

I told you guys I wasn’t calling it Tuesday – but…in my spirit – in my heart I really thought we were done – that was it…Now, certain things have happened …We have almost 1300 Bankers listed in less than 20 – 29 hours in Canada – the US – Iran – Iraq – and Afghanistan…arrested – probably needed to be done. Probably needed that to happen – before we went…and there may be more things that need to happen – that still haven’t happened…

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Kaperoni

Parliament will complete the cabinet this weekend and then they can RV the dinar. Not going to happen. Not how monetary policy works.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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