Dinarland Highlights – 4.24.23
“Finance minister discusses economic cooperation with Canada and Europe”
I think its important that a third world country with no international currency meets with world leaders all the time with development of massive billion dollar projects.
…be prepared for a week pf ups and downs , roller coasters and scares… Member Question: Should I have a resignation letter ready to go Mark? MarkZ Answer: Get it prepared…. I think this is going to be a fun week.
I still believe it will not be a float but an RI (ReInstatement) and a healthy, lovely one at that… There is a lot of activity going on right now that makes me feel very, very good. I am continuing to hear the rate we get will be around $4.20-$5.35…. I certainly hope that is accurate… It does appear they are moving forward very quickly…we certainly hope this is our week. Iraqi contacts expect to see it by the 1st of May.
“Parliament finance reveals the deadline for approving the budget“
the deadline has now been pushed to the end of May. So not only do we still not have a budget processed for this year, it’s going to be past four months going into five months before they even vote on it…Iraq’s economy could be so much stronger if they would just hurry up and get this damn budget approved. Now mind you, this is for 3 years and that’s a good thing. So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.
”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon”
Al-Sudani the Prime Minister has said hold your dinar because they’re going to be stronger than the dollar… When they say they’re going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate. They’re going to adjust it 1.5 times… .000763367 is going to be .001 or close. That means 1310 becomes 837 real close. As they do that it creates an environment that the dollar becomes less valuable to the dinar…it’s going to be harder and harder for the black market…It’s coming to a head…the black market is going bye-bye.
What was once my opinion is now fact…the articles are coming from people we want to talk to. Who? The governor of the Central Bank of Iraq. He’s talking like a parrot on steroids! …the prime minister of Iraq Sudani…is talking like he’s drunk!What are they talking about? The monetary reform. The exchange rate of the Iraqi dinar. The national currency…
“It is imminent.. a major disaster befalls the dollar“
US DOLLAR GO BOOM, WHILE THE IRAQI DINAR ZOOMS!
You will not see trillions of new small category notes printed. You will see billions printed. They’ll release all this information to the citizens. The citizens are rather excited.
[Response to Guest Guru Dalladude below…]
I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar. None of this is confusing. The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 – 1.5 ratio that was mentioned earlier this week.
They have clearly stated numerous times they intend to come out in the 1320 range…the real question is how long will they stay there…I for one would not be surprised if it’s for the remaining year…hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out…1320 helps the citizens a little but not us…its all about the time frame between the 1320 range and the 1 to 1 float that I seek..
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2022 Dinar Chronicles