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Dinarland Highlights – 12.22.22
Pimpy
Al-Sudani is not what I thought he was going to be. Knowing he is the acolyte of Maliki I was expecting the worst of this guy…but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he’s doing it at a much quicker pace and that is because he has a lot more support behind him…
I’ve been saying this for along time – I don’t care what politicians jumps up and down and makes a big scene, it’s not up to them. Unless you hear something come from the Central Bank of Iraq directly then all the talk out there is speculation and rumors.
Question: “Do we have any chance of the exchange rate changing?” …Anything is possible. But for me I’m more of a realistic grounded kind of person…If we woke up tomorrow and all of a sudden all restrictions were removed and I could run down to my bank and I could change the Iraqi dinar and I was getting $3.22 per Iraqi dinar, hell yeah I would do it! …Let’s just be realistic…Iraq is doing all the right thing and moving forward…increasing their foreign currency reserves, doubling their purchases of gold receivers, doing what they can…to get the United Nations to remove any and all restrictive resolutions.
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Bruce (The Big Call)
[via WiserNow]
…redemption center staff had meetings…And yeah all the players are on the initial call, Treasury Secretary Minuchin – Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks…I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it’s quite high…remember…Dr. Shabibi of Iraqi’s central bank…when he spoke to the International Chamber of Commerce in Washington DC in 2012…and he gave that rate. We’ve…had confirmation that…the big screens had indeed exceeded that rate…This is going to be a life changing event for us.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country.
FRANK: To de-dollarize! Wow. There it is.
Article:
“The central bank and banks urgent action to control the foreign currency market“
This is extremely important. THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM
Quote:
“…among other rumors is that the central bank will make a new change to the current price…”
The CBI has some amazing, powerful, secret, caliente (Spanish for hot) – very hot meetings constantly on a daily basis. More than one meeting a day for this purpose about the 29th of January 2023. The Iraqi dinar is going to go international…Iraq is growing up. The Iraqi Stock Exchange on the 29th is going international…the 29th of January is coming from the CBI…Prime Minister Sudani…you can’t get to the 29th of January without going international unless the platforms are set and ready to go…
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MarkZ
[via PDK]
Some private banking contacts are very excited that hopefully we will get announcements before the end of the year. Another private banking contact expects everything to be “COMPLETED” by Jan 15th for them. …in Iraq there is a number of articles about electronic payment systems for exchanges…And exchanges of currencies…exchange rate. The rate has not changed yet…but a lot of articles talking about it.
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Clare (KTFA)
Article:
“Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country“
Quote:
“We asked the central bank to take quick steps to compensate for the dollar shortage in the markets The Central Bank took measures related to diversifying foreign transfers to cover imports The financial situation is at its best, and the reserves of the Central Bank have risen to $96 billion“
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Sandy Ingram
What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts. What if the IQD floated to .25 cents to 1 U.S. dollar and you could exchange your currency at certain financial institutions in your country or in the United States. Most of you would have $250,000+ U.S. dollars.
You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions…Your tax bracket would jump to 35%…this means you’d only get to keep around $162,000 U.S. dollars. This is no joke. If you do not understand how to protect the other $87,000+ dollars, you can kiss it goodbye…learn how to protect your exotic currency profits…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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