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Dinarland Highlights – 4.3.23
Mountain Goat
Article:
“AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE”
Quote:
“the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period.“
Yes, kudos to Al-Alaq, hip, hip array!!!!
Quote:
“the central bank’s reserves are within international standards.“
In fact way over the required reserves of about $45 billion as told to us years ago by the IMF.
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Frank26 (KTFA)
Some of the 3-zero notes will co-exist with the new small category notes and the coins that are soon to join the 3-zero notes that are in circulation right now. This whole concept about printing the 20k note it’s actually just a rumor…the fact that they’re talking about this 20k is just another round megaphone announcement to the citizens of Iraq that a change is coming to their currency.
Article:
“Prime Minister inaugurates the strategic Karbala refinery“
Quote:
“leading to dispensing with imports and switching to The export stage to achieve the highest added value of the exported barrel.”
IRAQ NOW EXPORTING MORE OIL NOW THAN THEY WERE IMPORTING DUE TO THE REFORMS SUCCESS.
You notice the speed of the CBI? You notice how fast they’re trying to get this done now? I told you they were running out of time. What time are they running out of? The American dollar value…the monetary reform is exciting right now, exciting.
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Pimpy
I went to go look at how the Iraqi exchange rate closed for the day…at 1430 something dinars for every dollar. It is shrinking the gap between the official rate and the parallel rate. But that guy said the gap was going to be very close within two days. I’m not sure if he’s going to be able to pull that off but I might be wrong.
It doesn’t even look like the budget will be approved by the end of April…
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MarkZ
[via PDK]
Question: Did Our window of opportunity move?
MarkZ Answer: No we are in the middle of it. We are very close…you can see it.
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Clare (KTFA)
Article:
“An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week“
Quote:
“It is noteworthy that the price of the dollar is witnessing a daily decline against the Iraqi dinar in the parallel market, to reach today 149,900 thousand dinars against 100 dollars, at a time when the dollar was fixed in the budget at 1,300 dinars against one dollar.”
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RayRen98 (TNT)
NEWS: SOME BANK STAFFERS WERE “CALLED IN” SATURDAY EXPECTING RATE CHANGE ACTIVITY BUT WERE FRUSTRATED FOR “COMING IN” FOR NOTHING. TIME WILL TELL!
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Nader From The Mid East
I was reading something about back screens again. They’ve been see seeing back screens in the United States the rate is $6, $7 or $11…maybe they’re dreaming? I don’t know.
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Sandy Ingram
Here is what I want to show you. Kuwait’s currency is .31 Kuwaiti Dinar to one US dollar. Jordan’s currency is .71 Jordanian Dinar to one US dollar. Turkey’s currency has suffered ups and downs but it’s valued at 19.16 Turkish Lira to one US dollar. With Iraq’s currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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