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Dinarland Highlights – 12.16.22
MarkZ
[via PDK]
I do not believe we will be paying taxes on this…we don’t pay taxes on currency exchanges now. None of my sources think we will have taxes on this…but, be prepared just in case.
“Al Rafidain confirms the launch of its predecessor electronically at the beginning of next year”
…they are going to start paying people electronically beginning of next year…i take this as very positive sign…. The biggest reason they want to adjust the value or reinstate the value of the dinar to it’s “ former glory ” because they want to take care of their retirees. They want to revalue now.
…I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: The CBI has been having meetings with everyone!
FRANK: That’s exciting because if you look at the people he’s meeting with these are the right people…they are all part of the reforms both economic and monetary. Yeah, I’m excited to see what is happening in this month of December.
The 800# you really should be thinking about is the United States Treasury…The U.S. Treasury is going to tell you when you call them where you can go to exchange your Iraqi dinar. Don’t you think they want the Iraqi dinar for the treasury? Yeah.
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Pimpy
Great news over the last couple of days…I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized. I keep stating, even if they did make a change to the Iraqi dinar exchange rate what good is it going to do if we are dealing with restricted currencies. Did what Iraq just recently do take care of that issue? We’re gonna find out…
A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq’s economy. Until that happens the dinar will remain weak. Here’s what it is I’m anticipation that’s going to happen. Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there’s no longer any restrictions on Iraq and…their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I’m going to anticipate Iraq to start doing the redenomination and the deletion of the zeros.
As I’ve explained before there’s too much Iraqi dinar that’s in the hands of the c*****t. The best way and the quickest way to end that and to assure people don’t get rich off of stealing the Iraqi dinar is going to be to redenominate it. If they’re going to go ahead and redenominate it and make new bills, they might as well go ahead and do the deletion of the zeros.
Article:
“Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange“
That’s the wrong direction… we definitely want it to go another direction…we need this number 151,000 to go down bigly…
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Sandy Ingram
Article:
“Iraq recovers $7.9 billion in surplus war reparation from Kuwait“
This fund was set up to compensate Kuwait for Iraq’s invasions of the country in 1990. The amount was returned to Iraq after an audit by the Security Council…
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Kaperoni
A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq’s economy. Until that happens the dinar will remain weak.
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Clare (KTFA)
Article:
“Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state“
Quote:
“the central bank’s reserves have reached their highest levels in the history of the Iraqi state and have exceeded 90 billion dollars,“
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Walkingstick (KTFA)
[via Frank26]
Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote? Apparently we can sidestep the president’s signature and wait for two weeks. Maybe Sudani wanted to add more to it via the meetings he had with the CBI…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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