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Dinarland Highlights for April 5, 2023

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Dinarland Highlights – 4.5.23

Mountain Goat

Article:
THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS

We have waited for this news for a very long time. …I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore…This will seriously help stabilize the market which we need to go to the next step in the process…​

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MarkZ

[via PDK]

From Iraq:
The Central Bankexpects a further decline in dollar exchange rates

What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar. 

it’s been very quiet. But maybe the quietness is the news? …I think it’s a very good thing. Especially with the vast number of folks that got quiet suddenly domestically here. 

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Clare (KTFA)

Article:
Al-Sudani’s advisor sets a date for the dollar’s stability and says: The Americans are impressed with our government”

Quote:
Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that “if the exchange rate had not changed, we would now be on the cusp of two thousand,” meaning 2,000 dinars per dollar.

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: Bank friend said…[as of] Monday the dollar is no longer accepted in Iraq and it is not the national currency of Iraq banks…citizens are not allowed with any dollar transaction…

FRANK: Notice they’re telling you the national currency is coming to replace the 3-zero notes.  It is crystal clear…Isn’t that cool!  We got it in articles but to be able to see that they’re telling the citizens in deeper details.

Article:
Al-Sudani’s advisor sets a date for the dollar’s stability and says: The Americans are impressed with our government”

DOLLAR STABILITY EQUALS A PARALLEL RATE… A PARALLEL RATE EQUALS 1 TO 1… 1 TO 1 EQUALS A FLOAT.

FRANK: This first week of April will start to show you many things.  They’re going to start with a budget with the HCL, 140, new small category notes, coins etc etc. I pray that as this month of April continues they also start to show you your new currency and your new exchange rate or at least explain it to you deeper on what they are about to do.

FIREFLY: They are telling us a lot. We know what they’re going to do…

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MilitiaMan (KTFA)

What I believe is going on… they’re throwing two stones out in the water in a massive way and it’s going to have a rippling effect around the world…Iraq we feel is a linchpin that’s going to stimulate the economy…trading with other currencies, cross-border payments, all those things are happening right in front of our eyes…history is basically going to be written about this because Iraq is going to be very very wealthy.  They could write this in tablets of gold.  I really do believe that… 

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Walkingstick (KTFA)

[via Frank26]

The announcement will only come from the CBI.   Halibusi is on vacation but he doesn’t have to be there.  He can go on his vacation.  It does not interfere with a monetary reform.  Anything put  on Halibusi’s desk regardless if he’s there or not, within 15 days of receipt it automatically becomes law…signatures or not. 

March was to educate them on the monetary reform and IMO April is to start showing the evidence of the new small category notes and coins and a new exchange rate, maybe even a float.

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Pimpy

Apparently they have a mechanism that’s going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there’s a shitload of Iraq dinars out there.  In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies.  Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.

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Bruce (The Big Call)

[via WiserNow]

…things are tight things are clammed up – people are under NDAs and they’re under almost gag orders – pretty much – it’s that tight  which is usually a good thing for us... They’re still trying to determine to determine our start when our story is going to be I hope it’s this week…let’s just stay patient and watch this thing come to us.

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Sandy Ingram

…Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons – economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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