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Dinarland Highlights – 5.27.23
MarkZ
[via PDK]
“Iraq open to the world! An IBBC conference upcoming is celebrating Iraq’s return to International engagement”
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Frank26 (KTFA)
Who cares about the budget. I care about the new exchange rate. And so does the budget for that matter.
Article:
“Planning: Items in the budget to address the impact of the dollar exchange rate“
Quote:
“The Ministry of Planning revealed that the budget for the current year includes new items that address the impact of changing the exchange rates of the US dollar on the Iraqi citizen”
COMBINE THIS ARTICLE WITH THE FACT THAT THEY WANT TO ALSO INTRODUCE LOWER NOTES BELOW A 250, THEN WE HAVE A NEW EXCHANGE RATE AND A NEW NATIONAL CURRENCY.
[Iraq boots-on-the-ground report]
FIREFLY: They are saying to all businesses that still try to sell and use the dollar that it’s a violation of the law and it’s against Iraqi sovereignty. If they’re c****t, the first offense will be a fine. But then if they’re c****t again it will be fine in millions of dinars and they will serve jail time.
FRANK: Their new national currency is sovereign in their country.
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MilitiaMan (KTFA)
[Budget delay]
Article Quote:
“the relationship between the federal government and the regional government (Baghdad and Kurdistan) will soon prompt the legislation of this law [budget]”
All that’s positive. Just because one guy comes out and throws gas on the fire doesn’t mean that’s going to burn long. At this stage of the game I believe it’s not going to burn long. I think it’s going to turn out to be…in the next couple days we’re going to see these guys get together and hammer it out.
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Pimpy
Don’t get c****t up in the hype. There is no in-country/out-of-country exchange rate. There’s no in-country free-floating exchange rate/out-of-counry fixed exchange rate. No. It’s the same all the way around. Just hang tight. Don’t be impatient. IMO it’s going to increase in value…I do believe we’ll see a very healthy change in the exchange rate over the next couple years…
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RayRen98 (TNT)
[via saltair & Babysmom]
MOST RECENT ANTICIPATED OPENING RATES AS PER RAY DONG .47… DINAR 3.81...
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Kaperoni
If the dinar is ever going to go up in value it will be as the result of the growth of Iraq ‘s economy. So all of the BS on a daily basis about an RV coming, the budget has an RV, all nonsense…There is no RV. There will be no significant overnight change in the Iraqi dinar, it’s not how monetary policy works…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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