Dinarland Highlights – 1.30.23
Mountain Goat
…Banks don’t get notified, get it! This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX. …
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MilitiaMan (KTFA)
In the last few days what we have seen is a quickening for things to happen because of what the United States Federal Reserve has done by deleting the US dollar from the [Iraqi] street…that’s an ongoing process. That’s not going to quit.
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MarkZ
[via PDK]
We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet.But this is a huge development. This is a FIRST in this entire process and an exceptionally good sign. I can tell you the goal is still to flip the switch and the system between the 31st and the 1st. I am hearing this from all of my sources. At the same time if we wake up Wednesday without a new rate – I am not going to panic because we are watching it all play out. The news is overwhelming… I am getting constant updates from the banking side and from the government side and from every other side…folks are ecstatic right now.
…The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be.
Article:
“Prime Ministers visit to Washington is not on the table now”
They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb?
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Henig (KTFA)
Article:
“The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar”
…Notice that Chapter VII invocation…
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RVAlready (TNT)
…just because we might not be rich today does not cancel all of the progress that has been made. Today, as a target was promulgated on ISX going onto NASDAQ today…Per news articles today, ISX signed a new agreement with NASDAQ. It says nothing of a start date for trading.
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Pimpy
Let’s get back to Iraq because their currency is going to hell in a hand basket…Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It’s going in the wrong direction. Basically it’s getting to the point where the Iraqi dinar is about as valuable as the Zim dollar…
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Sandy Ingram
Article:
“Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran“
Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity.
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Nader From The Mid East
You heard before the 29th it’s gonna go international. The 30th it’s not international.What’s gonna happen? We don’t know. Their rate will be $3.80 I read somewhere… Wow. I don’t think so…
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Paulette
I keep seeing all this about the ISX going “International”…The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time…there have been International investors in the ISX for years… Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don’t actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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