Dinarland Highlights – 12.24.22
MarkZ
[via PDK]
[What is the HCL law in Iraq everyone has been talking about?]
The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil…with the Kurdish region. This has been a sticking point for the RV I am told… They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.
“Al Rafidain bank announces the direct sale of the dollar to citizens”
So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days. This is a key sign that they are preparing for the exchange process.
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Mountain Goat
…the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article …entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It…just about sums up this past year of turmoil in Iraq that finally ended in stability…the future is…extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
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Clare (KTFA)
Article:
“Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget“
Quote:
“The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early.“
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Frank26 (KTFA)
Article:
“Iraqi chambers of commerce make proposals to end the “daily m------e” of the dollar in the market“
3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ…SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN’s.
Quote:
“This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily m------e of the dollar.“
THE MONETARY REFORM MECHANISM!
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Pimpy
We’re going to be realistic about what’s going on and I’m going to try to do what I can to bring your attention to things that we should be watching for before we see an actual increase in the value of the Iraqi dinar.
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Kaperoni
Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP? …Guru Mtn Goat says we want to see Iraq begin the project to delete the zeros and introduce the smaller denominations. No we do not want to see this because the project to delete the zeros is a currency exchange/LOP. Not what we want to see happen.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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