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Dinarland Highlights – 7.18.23
MarkZ
[via PDK]
In Iraq: Listing shares on the Iraqi stock exchange… Iraq is pushing electronic companies to be on the stock exchange. Why is this important? Because it forces another level of transparency. They will be responsible to shareholders and shareholders will be able to see what they are doing…and that they are doing things honestly and legitimately. Imo this is pretty big news coming out of Iraq…and they are prepared for this. They have modernized banking and squashed c********n.
Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet…we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us. As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening. I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out. We are at a turning point…I believe the tide has turned.
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tlm724 (Bond Lady’s Corner)
Article:
“Parliamentary Finance Hosts The Governor Of The Central Bank To Discuss The Exchange Rate Of The Dollar“
Quote:
“After approving the budget and fixing the exchange rate of the dollar at 1,320 dinars, there will be a hosting of the governor of the Central Bank and his advanced staff next week in the Finance Committee to discuss the issue of the exchange rate.” He added, “The committee will discuss with the governor about the bank’s plan.” In maintaining the exchange rate.”
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Frank26 (KTFA)
I know they were supposed to open the budget…with instruction and they did not. Once again I say who cares. We know the cha-cha-cha of this dance. The Middle East does not have a watch. They use a sundial and it just take a little longer to develop…
[Iraq boots-on-the-ground report]
FIREFLY: TV says the CBI is on the ground working on banking reforms.
FRANK: Banking reforms mean a new exchange rate and international currency and the removal of USD by de-p*****g. And by de-p*****g from the American dollar so they can pair with many other counties in an international basket that will float and add value to your currency. That’s what what means.
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Petra (KTFA)
…We do know that somebody dealing with the deployment of the new rate dropped the ball…hence the UST personnel being sent to Iraq to GET IT DONE! …the game of chicken was lost when the “e*******n” of the rate and notes was not accomplished in the time frame Sadani wanted…
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Jeff
Iraq cannot release the monies from any part of the current budget until the rate changes.
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MilitiaMan (KTFA)
Article:
“New details regarding the oil and gas law.. What is the position of Barzani’s party?”
If they have a purpose for the discussion to finalize the oil and gas law they’ll need to know the value of the assets. That purpose is going to come from Al-Alag at some time. The likelihood of it coming sooner than later is in the cards…
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Mountain Goat
Yes, we are VERY close to something big happening with the dinar soon. I will not give you a target date as I do not spread rumors. How can anyone not see that we are on the precipice of something huge? I mean really huge!!
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Pimpy
People are asking a lot of questions about Article 140… Article quote: “Article 140 lays down a clear road map to define the final boundaries of the territory to be administered by the Kurdistan Regional government.” This was supposed to be resolved years ago. There really is no excuse…
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Kaperoni
They need to start implementing. They need to launch all of these plans. They need to…make changes to laws that are still outstanding that relate to the direct economy and growth of the economy. Everything is falling into line. It’s very slow but it’s falling into place.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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