Dinarland Highlights – 6.24.23
BGG (Dinar Updates)
Article:
“Parliamentary Finance explains the impact of approving the budget on the exchange rate during the coming period”
While I highly doubt there is any direct change of the rate contained in the budget – the currency pressures created by the new methods in this budget may well force the currency higher over time. So …the actual news for the future of Iraq is pretty decent. Hang in there.
______________________________________________________
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Iran saying Iraq will be the largest and an oasis of investment in the Middle East region. They speaking highly of Iraq in new report on Baghdad 1 News.
FRANK: I told you they would come running and begging to be a part of Iraq. They can’t steal no more…Isn’t that ironic the country that stole everything from you for decades is now k-----g your a doubles.
FIREFLY: TV news showing Iraqi experts saying expecting dollar to fall very soon. Big special about this.
FRANK: Remember they are trying to tell you and educate you about the monetary reform…if the exchange rate of the the dollar drops in your market then that means automatically the exchange rate of the Iraqi dinar goes up. Do you understand what they are trying to tell you?
FIREFLY: Yes..very clear. It is becoming clearer and clearer when they talk to us. We understand.
To be a member of the WTO the currency of that country cannot have any restrictions whatsoever. What is a program rate? Is a program rate an International rate? A program rate is a sanctioned rate…a program rate is a restriction…restriction are not part of an international rate…something is happening.
______________________________________________________
Clare (KTFA)
Article:
“Vietnam considered rising star to become emerging market”
Quote:
“A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.”
______________________________________________________
Pimpy
People go, Pimpy…What is the holdup? I thought Iraq once it got out of chapter VII we would start seeing increase in the Iraqi dinar exchange rate? Nothing’s changing…When people go, Well, they’ve been punished for 20 years Iraq has had enough. The United States should let them go. What people don’t understand is it’s not the United States that’s punishing Iraq. It’s the c--------n within a government that holds them back… OFAC – This is the biggest portion of the sanctions…The punishment for Iraq is nobody and no companies within the United States is allowed to export into Iraq without a license. They need permission …This is the big hold up…as soon as Iraq can get out of the grip of the United States I think they’ll flourish a lot better than they are now…
Article:
“Iraq officially sets the date for provincial council e-------s on December 18″
This December we will have an e------n…This isn’t your normal e------n. This has to do with people being voted into high office to run different ministerials…
Advertisement
______________________________________________________
______________________________________________________
Walkingstick (KTFA)
[via Frank26]
A program rate is a restriction. It’s a restricted exchange rate. It is a sanctioned, punished exchange rate and that is why the international world has stayed away from investing in the country of Iraq. For Iraq to be a WTO member it is a sign that the currency of Iraq is soon to take the international stage…
______________________________________________________
MilitiaMan (KTFA)
The official exchange rate with the CBI doesn’t work with the budget. You guys can figure it out and tell me how it does. I’d like to hear it…In the meantime I believe things are going to be changing.
______________________________________________________
Paulette (KTFA)
Anybody…thinks the IQD is worthless toilet paper money can feel free to just send what they have to me. After all, it’s worthless right? …I will be happy to take that worthless toilet paper off your hands…
______________________________________________________
Advertisement
______________________________________________________
Mountain Goat
...We got news of an imminent accession of Iraq to the WTO this week. WOW!!! and other economic plans. This NOT business as usual as over these last couple decades. We are really here! Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder, but open for business in global trading. Just be patient, it is coming.
—
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
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 © Dinar Chronicles
