Dinarland Highlights – 6.10.23
MarkZ
[via PDK]
Member Comment: I believe we will see the IQD rate change on the Forex by Sunday.
MarkZ: I hope you are right. May not be that soon though My gut says they may need a couple days to watch everything settle. And then they pull the trigger…. Just a guess. But listening to banking contacts – it could be sooner than I think…We have a couple very interesting days ahead of us and possibly a rate change.
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Pimpy
There are several articles within the constitution that the budget is struggling with. They want to make sure that this budget law is very clear about how it represents those articles…So it isn’t as cut and dry as in, ‘We pass a budget.’ There’s a lot of hurdles within the budget that keep it from getting passed right away. What we see them doing is…trying to vote on certain articles…They’re piece meaning the entire budget before they pass it 100%...Everybody has to be on the same page...I said it was not going to be that easy. I told you there’s more things involved than people realize.
There’s a lot of chitter-chatter about what the exchange rate might be and I understand why. But I’m not going to mislead people. I told you if it goes up it’s going to go up in increments. There are people out there claiming the exchange rate is going to be reinstated. I understand where they are coming from. I do. But I’m being realistic…we won’t know anything until they actually pass what’s going on. Will they change the exchange rate? We don’t know…Will it go down in value? Will it go up in value? We don’t know and I’m not going to lie to you…what I’m saying is hang tight and let’s see. There are still a lot of things that are sill not finalized in the budget…
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Frank26 (KTFA)
The day that you see the see the HCL you will see the RI.Have you seen the HCL yet?Ladies and gentlemen, in my very strong opinion, Kurdistan = the HCL…The HCL = the RI.
[Iraq boots-on-the-ground report]
FIREFLY: They’re showing JP Morgan is meeting with Sudani…today they’re saying it’s not about oil revenues. It’s about non-oil revenues that they came to talk about… Alaq CBI governor saying America’s largest bank JP Morgan willing to back Iraq banks in foreign trade in US dollars.
FRANK: JP Morgan wants to back up the Iraqi dinar. But it’s a scam. It’s scam! No it’s not. It’s about time that you start telling the truth [JP Morgan Bank] and they will pretty soon IMO.
Article:
“The Governor of the Central Bank meets with the Vice President of JPMorgan Bank“
JP MORGAN CHASE DEALS WITH FOREIGN CURRENCY TO MAKE MONEY… A PROGRAM RATE MAKES ZERO PROFITS…WHEN YOU CALL CHASE THEY SAY THE DINAR IS A SCAM… NEXT TIME YOU CALL THEM ASK WHY THEY ARE INVESTING IN A SCAM?
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MilitiaMan (KTFA)
Article quote:
“United States Bank expresses readiness to support Iraq banks with foreign trade, financing operations and dollars“
That bank is JP Morgan Chase. It’s worth about $4 trillion U.S. in value. These guys mean business. They’re not coming to Iraq to joke around. Being they’re that large, they’re not there for a quagmire. They’re there for the extravaganza of investment. That’s incredible to see this at this specific time.
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CANDYKISSES (TNT)
This is good. ***Today, Saturday, a member of the Parliamentary Finance Committee, MP Mudar Al-Karwi, described today’s session as crucial for the 2023 budget, denying postponing some articles until after Eid.** I’ve never seen it any better than it is right now. I will not lose hope. It will happen!! They will get it done.
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Nader From The Mid East
It come out the new currency exists already. They just need to come out with it…just throw it to the streets…it’s a lot of good news coming out. They are trying hard. They are trying their best. We cannot blame them. It’s like [The U.S.], you got one party and you got the other party so they will never be work together. That’s why it’s taking a long time… After today what is the next step? The next step is the currency…Forex…so be ready for it…next week is going to be busy.
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Clare (KTFA)
Article:
“Central: Commitment to strict currency financing instructions will significantly reduce the exchange rate“
Quote:
“Today, Saturday, the Central Bank revealed its plans to raise financial and gold reserves, while noting that adherence to foreign currency financing packages will contribute to a significant decrease in the dollar exchange rate in the coming days“
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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