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Dinarland Highlights – 6.7.23
RayRen98 (TNT)
WHO SAYS WE NEED A BUDGET FOR AN RV. IRAQ HAS “CHANGED” IT’S RATE SEVERAL TIMES IN THE PAST 2 YEARS WITHOUT A BUDGET.
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Mountain Goat
The IMF just told us “The International Monetary Fund praises the policies of the Central Bank in supporting the national economy”. …Remember…that the petro-dollar from Iraqi oil revenues is still being processes through the US banks, exec order 13303 was renewed…The CBI also implemented since January 3 packages of measures to curb and eventually eliminate the use of the US dollar in Iraq. Folks, common sense alone tells us that all these measures were not for nothing…if we look into the Dr Shabibi plan of 2011 we can clearly see that this is not random but following the last stages of the plan, step by step.
Remember also that this 3-year budget saga has significance on the RV in the fact that none of it effecting Iraq so much that it can’t pull the trigger on the reinstatement at any time being that the IMF and the US both stated many times recently that the Iraqi corruption is under control and the country is STABLE and SECURE. They are ready. Not to mention the extent of wealth and reserves…This is a perfect timing to reinstate. WOW!
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Walkingstick (KTFA)
[via Frank26]
[Iraqi bank owner friend Aki update]
…They’re making an announcement about the new currency very soon…
[Iraqi bank owner friend Aki update]
WALKINGSTICK: I had him in the truck and I thought I would take advantage of it so I turned to him and I said, ‘Hey Aki, have you heard anything more about this announcement that they’re going to be making that you told me about, you know the currency?’
[See Walkingstick’s Aki update post below.]
AKI: Be patient. They are soon to announce the tender. The tender will show the citizens the definition of the lower denoms. They will know the 1’s, 5’s, 10’s, 20’s etc etc. Also, the citizens will be told at that time the date of when they are to go and pick up the lower denoms from the banks or through their accounts. This may be together/simultaneously or it may be when they do the budget.
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MarkZ
[via PDK]
Member Question: What happens if Iraq does not pass the budget before they go on recess on 6/9?
MarkZ Answer: I am told it’s a done deal. But, I was also told that they could not go into recess if it’s not passed.
Article:
”Draft Budget to be voted on in it’s entirety next week”
They mean tomorrow. Thursday…thats what they are referencing.
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Frank26 (KTFA)
Once that budget is open it will set off a domino effect of many things that I so badly want to tell you…
[Iraq boots-on-the-ground report]
FIREFLY: International experts and Shia AL Sayhoud are saying in an interview on the television last night for all Iraqis do not use the American dollar but rather obtain and use the dinar for it is going to be the highest currency in the world. This is his personal opinion but he’s pretty good on the international advice.
FRANK: This is amazing…For those International experts to be telling you Iraqi citizens to get as many dinars as you can and to hold on to them because it’s going to become the most powerful in the world, I disagree with him. I believe it’s going to be the most powerful currency in the universe!
The budget is no concern to me. It is what the budget is going to reveal that is of great concern to me…
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Angel1
I’m a little bummed June 1 went right by us and there wasn’t a rate that reflected the value. However seeing everything put together I am extremely confident in knowing we are extremely close to seeing a rate reflect the true value that Iraq has…
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Pimpy
They are expecting this [major oil project] to be completed in the second quarter of 2025. There is that car again – 2025. The budgets end in 2025. This will be done by 2025. If you remember correctly they’re not even supposed to be dealing with the Iraqi exchange rate change until 2025. So with all these major changes happening possibly in the positive we could see definitely an increase in the value of the Iraqi dinar.
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Bruce (The Big Call)
[via WiserNow]
…Sunday for the first time redemption center staff – full staff went in within for a two hour zoom call...they were able to see the new rates on all the currencies, hit the screens, and come up and they can watch them actually come in and change values and go up and so on as they do…I heard…from one of my Intel sources that said that the so called true back wall, the real back wall is the seventh of June… something should be happening by Wednesday [today]…what we’ve got now is pointing to the back wall being activated…it appears that the most likely scenario involves us starting our exchanges on Thursday is the 8th…Let’s see what happens.
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MilitiaMan (KTFA)
It’s not the Iraqi government’s job to change the exchange rate of the dollar but what they’re saying is they’re using the new Swift system and that is going to effectively raise the value of the dinar…
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Clare (KTFA)
Article:
“Iraq raises its hard currency reserves to more than $111 billion”
Quote:
“The Central Bank announced, on Tuesday…Iraq’s hard currency reserves increased during May of this year 2023 to reach 111 billion and 765 million dollars, an increase of 45.14% compared to the same period last year 2022, which amounted to Iraq’s reserves. Of the hard currency, 77.003 billion dollars, an increase of 79.97% over the same period in 2021, when the reserves amounted to 62.101 billion dollars.”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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