Dinarland Highlights – 1.26.23
Bruce (The Big Call)
[via WiserNow]
They’re all set and ready to go. Their currency will actually be traded on Sunday. Their first business day is Sunday, this coming Sunday. Okay, so that’s gonna take place for Iraq – good for us…We don’t know when – I’m not going to predict the time… but I’m hoping to say most likely Thursday…Iraq is good to go and they have a rate that is commensurate or higher than what Dr. Shabibi predicted 10 years ago at the International Chamber of Commerce meeting in Washington DC…we are at or above that rate now…let’s see what happens.
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Mountain Goat
… Is this a VERY GOOD time to conduct the project to delete the zeros and move to FOREX. Since there is a shortage of dinar and dollars on the streets it would be advantageous to do so. My impression is that it could not be a more favorable time in the history of this RV saga…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: …They keep talking about the new currency. We think they are referring to a new rate. We hoping so. We want to see the rate go back the other way to strengthen the dinar. We’re still looking for it to turn back and move to 1180 or so and then 1 to 1. This is all what my bank friend told me. He said all the new baking platforms that have been put in place to support this. Looks like things are in place to make us use the dinar only in our country and this is a process and about to come into place.
IMO they know exactly when they want to introduce the new exchange rate and the new small category notes…And yes they’re talking about the new small category notes because that’s next, along with the new exchange rate, along with your [Iraqi’s] new budget. Remember I called it the trifecta.
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MarkZ
[via PDK]
“Abu Dhabi Securities Exchange (ADX)“
ISX is on the Abu Dhabi exchange! For those who can see there is a ticker running and it has listed as of today…who is on their stock exchange …and right there is listed the IQD or ISX.- Iraq is on a foreign exchange platform in Abu Dhabi today for trading. For that to occur I was told they need a sound currency. This is probably our biggest piece of news telling us how quickly we are moving forward
Now, contrary to some of the rumors out there…this has not been announced yet in the streets…but it has been announced that they are going to do this…. My guess is there was a “behind the door” deal for them to keep their dates on exchanges. Things should get very interesting over the next few days. I am still hearing this is our month even though there is just a few days left. I am still hearing when it rolls over to Feb 1st they have revalued their currency. I pray this is accurate…I have a sense of peace that we are seeing the completion of this thing.
“Iraqi Delegation to Washington to discuss easing US restrictions on banks“
These restrictions by the US caused the value of the dinar to slide at least 10%. …the Iraqi government now has permission to change their value… They will lose decades of progress if they do not pull the trigger. So they are in Washington and want those restrictions lifted…then BAM we have a new value. That is the way I see it. I am in a “any moment” frame of mind.
…there is a lot of chatter about Iraq going in the wee hours tonight/tomorrow morning. I think we may still be a couple of days premature…based on my gut…but I’m hearing it will be sooner than that from the sheer number of contacts that have reached out to me. …The news today has been overwhelmingly awesome. I wish I could tell you everything but do not want to get myself in trouble so I can’t exchange.
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MilitiaMan (KTFA)
We have the forecast that sometime between now and the 29th of this month the ISX is going to go international on platform to be able to trade internationally with the region and likely the globe. What that means to us is…ready to launch this platform.
Alaq has ultimate experience. He was the governor for the central bank for 6 years I believe. He has an impeccable CVs where he was an expert in anti-money laundering, anti-terrorism, all the banking practices, he’s well known in Great Britain, United States and in the region for his talents. When he left his position he was promoted to the AMF so he would know about the digital electronic platform that is the Buna system…
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Henig (KTFA)
Article:
“The overthrow of speculators and the street gives the central bank a week to save the dinar“
Quote:
“Protesters gave, during mass demonstrations in front of the Central Bank building on Al-Rasheed Street in central Baghdad, the new governor, Ali Al-Alaq, a week to save the dinar from collapsing.”
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Nader From The Mid East
Yesterday he [Sudani] made a decision to change it [the dinar exchange rate]…but he cannot change himself. He’s got to push the CBI. He’s gonna find a way to convince the CBI to change the dinar. But we don’t know what it is though. I can be not a lot. I don’t know if it’s going to be 1 to 1 or 100 to 1 or 1000 to 1. I have no idea. He didn’t say how much.
The Iraqi dinar if it goes international…you don’t have to travel nowhere to change your dinars. And the bank will do everything to get you in their doors…they’re not stupid.
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Sandy Ingram
Article – Iraqi dinar Analysis Quote:
“When are the Iraqi dinar going to be revalued?”
The Iraqi dinar’s value is unlikely to change until 2026. The Iraqi Central Bank’s spokesperson declared in March 2021 that the currency would remain set for the following four years. Another government official later that year acknowledged that the exchange rate had been set in government budgets.
This more than likely surrounds the ‘white papers’.
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Walkingstick (KTFA)
[via Frank26]
IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because…nothing stopped! They just replaced him. It marches now at a faster pace…If Alaq is not on board with Sudani at his pace trust me he too will be replaced…no more nonsense.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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