Dinarland Highlights – 3.16.23
Mountain Goat
Article:
“THE OIL AND GAS LAW IS IN ITS FINAL STAGES OF APPROVAL“
Coincidental? All the pieces to the puzzle are coming together very quickly now…
…the news today is still all about the dinar…Surprisingly enough the second rate change has not yet come out. Today the 2023-three-year budget just arrived at Parliament for the readings…So, the budget must first get voted on in the cabinet then it gets passed on to Parliament for the legal two readings, makes amendments and can vote on it or send it back to the cabinet for revision.
Article:
“EARLY NEXT WEEK.. PARLIAMENTARY SESSION TO READ THE 2023 BUDGET“
Quote:
“…there may be a parliament session next Saturday or Sunday to conduct the first and second reading of the budget law,”
So, here is proof of where the 2023 budget is…
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MarkZ
[via PDK]
Member Question: $4.30 rate for dinar?
MarkZ Answer: That’s a rumor at this point. Is it possible? Yes it is. Many of us have direct contacts on the ground over there like contractors , CBI employees , government workers…and they say the rate has not been announced yet. But it is possible that could be the rate….
There is very little news from the Iraqi front today. This is understandable with the overwhelming amount of news we have had earlier this week…its all been positive. The budget is moving way faster than expected.
“Central Bank governor sets two monetary policy goals in Iraq” “Monetary policy includes two main objectives: maintaining the overall level of prices, that is, the strength of the currency locally, and the exchange rate, which represents the strength of the currency externally,” This is from Alaq and He just told you right here they have 2 jobs. Stability and rate. They are telling us what they are doing…
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Frank26 (KTFA)
Article:
“The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars“
THE CENTRAL BANK ISSUES MANY NEW REFORM STEPS FOR THE NEW EXCHANGE RATE AND THE NEW CURRENCY!
[Iraq boots-on-the-ground report]
FIREFLY: They are telling us we will have currency to match other currencies including lower notes. This is telling us what’s about to happen…
FRANK: They are bombarding you and preparing you and giving you every reason reason not to fail this monetary reform.
IMO the budget is complete. But you are not going to see the budget IMO until April 1st. But the rate for April 1st IMO will be 1 week before that.
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Pimpy
Article:
“Al-Sudani returns to Baghdad after concluding his visit to the Kurdistan region“
Al-Sudani just got back from being over there in Kurdistan. We know he was over there ironing out the last of the details necessary for them to come up with an agreement on hydrocarbon laws. I’m excited about that but I’m more eager about them signing it so we know it’s official.
Article:
“Al-Shammari: The largest budget of 2023 in the history of Iraq, Baghdad and the south will witness an reconstruction revolution“
Yes, that’s what we want to hear! But I don’t want you to just talk about it, I want to see it happen. Because if they can make that happen then we’re going to be looking at a much more valuable Iraqi dinar…
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Sandy Ingram
To our knowledge, the budget does not include information or provisions for a rate change. However, this does not mean a float or rate change is totally out of the picture.
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Nader From The Mid East
Like I told you before it’s a waiting game…one morning, one day it’s gonna come out. They’re gonna go ‘let’s RV’. But believe me it’s not gonna be 1 to 1. You’ll never see it at 1 to 1. You’ll see it higher than 1 to 1. You’ll see at $3, $3.28, $3.60, $3.80 but you’ll never see it at 1 to 1…There is no 1 to 1. If they’re going to reinstate it then they’re gonna throw it to Forex and it’s gonna be stronger than that…
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Clare (KTFA)
Article:
“Central Bank Governor: We are working with the government to make the dinar the main currency in the Iraqi market“
Quote:
“…goals is to maintain the general level of prices, that is, the strength of the currency locally and the exchange rate, which represents the strength of the currency externally…he added he will take the necessary legal steps in the context of the dinar being a major currency prevailing in the market, in cooperation with the government…“
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MilitiaMan (KTFA)
The whole budget for 2023, 2024, 2025 is all about going to a private sector. The stability and security that they’re going to get for the investor and for the public is going to be pretty big because that goes to show they’re committed…with them being open and being able to be adjusted and amended based off of oil pricing, natural gas prices, taxes/tariffs revenues or even an adjustment to their exchange rate, they can do all of that…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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