Dinarland Highlights – 4.13.23
CANDYKISSES (TNT)
Article:
“Bank Governor: Iraq is on alert to adjust the exchange rate of the dinar”
Quote:
“The US Treasury Department showed “great flexibility and readiness” to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar.”
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Clare (KTFA)
Article:
“The Iraqi Trade Bank decides to adopt the dinar “only” in its electronic financial transactions“
Quote:
“it was decided to cancel the dollar currency from ATMs, and also to adopt the national currency in all electronic financial services.“
Article:
“The US Treasury announces its readiness to assist the Iraqi Central Bank in stabilizing the exchange rate”
Quote:
“The US Treasury Department showed, on Wednesday, “great flexibility and willingness” to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar.”
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Frank26 (KTFA)
Article:
“The Iraqi Trade Bank decides to adopt the dinar “only” in its electronic financial transactions”
THE CBI STERILIZES IRAQ OF ALL FOREIGN CURRENCIES IN PREPARATION OF THE INTRODUCTION OF THEIR NEW NATIONAL CURRENCY! THE NSCN’s IS THE NEW NATIONAL CURRENCY OF IRAQ!
[Iraq boots-on-the-ground report]
FIREFLY: The United States of America has their Treasury Department saying in our news that they are ready to help Iraq stabilize the exchange rate and we hear on our Iraqi Channel 1 NewsTV that there are many new deals with the IMF and the World Bank on helping us with our economic reforms. A lot going on on the news today about reforms and the IMF and the World Bank and the U.S. Treasury.
FRANK: They’re all going to be having a big pow-wow…
Question:
“Does 25% seem about right for taxes?“
No. I take it up to 40% and then you can give yourself a refund!
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MarkZ
[via PDK]
Follow the fundamentals …The dinar had value…It was devalued…it will get the value back…If they were not going to change the value appreciably …they would have reprinted bills a long time ago that did not have the zeros on it. They would have already done that if they did not intend to revalue or reinstate their currency value…Most of my contacts on the street including contractors …are looking for it to be a re-instatement …which to me is awesome. With inflation that should put the rate over $4 bucks? …Iraq is going to be a regional powerhouse…I may be totally wrong but I believe with everything going on that next week is going to be our week.
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Nader From The Mid East
You have to look for…a repricing. When you see your repricing you see the exchange rate…If you see them coming repricing things in Iraq, one hour, two hour…before that they make the decision with the exchange rate. This is what we have to look for repricing in Iraq. For now everything cost 20 numbers you have to look for small numbers – the big numbers to smaller numbers that’s what we’re looking for…repricing is very important.
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Pimpy
It looks like the parallel rates between the market and the official exchange rate for the dinar is pretty much equal. This is a great sign.
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MilitiaMan (KTFA)
We had some really awesome news…the Finance Minister and the Central Bank of Iraq they’re in Washington and they’re having meetings…with the IMF, World Bank… One of their topics…is the stability of the exchange rate of the Iraqi dinar… Very telling signs. We’re in a very very good place. Obviously if they’re talking about the exchange rate stability of the Iraqi dinar we’re probably pretty sure we’re not talking about the official rate of 1310 because…they didn’t do it at 1166, 1182, 1190 or 1460. So why in the world would they be having meetings at this level at this time for an exchange rate to be stabilized at 1310? It doesn’t make any sense.
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Walkingstick (KTFA)
[via Frank26]
The goal of what they’re doing right now is to establish security and stability for the exchange rate for the national currency. There are many mechanisms to bring stability to the IQD. One is to change the exchange rate against the dollar. As you can see that’s exactly what they’re doing…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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