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Dinarland Highlights – 8.1.23
Mountain Goat
I know for a FACT they must reinstate the dinar to satisfy their plans to revive Iraq and make it hub for the middle east. This is their plan and they know they have to reinstate the dinar to do it. This is just not Mnt Goat speaking but the IMF, World Bank and the CBI…you have come this far in the process. Don’t give up now we are about to cross the finish line very soon.
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Sah
“PM Barzani Chairs Special Meeting on Public Finance Restructuring ERBIL“
This article shows that Kurdistan Banks and government financials are all going digital at the same time…No more money laundering and corruption in banking or government payrolls and etc. Total transparency…Just what the IMF and the US Treasury asked for…This is great news. One step closer to international.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: TV talking about Iraq activation of Article 304. It protects the dinar.
FIREFLY: TV saying upcoming delegation heading to America to discuss the exchange rate! Saying it’s an Iraqi government delectation going to America.
FRANK: It’s fantastic to see a CBI delegation is now head to America to discuss your exchange rate with the US Treasury. Wow…holy guacamole!
There is an entourage/delegation headed to the US Treasury in D.C. to talk about the exchange rate of the Iraqi dinar…It is my opinion they are going to deliver the new exchange rate to the US Treasury.
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Clare (KTFA)
Article:
“The Secretary General Of The National Product Calls For The Application Of Article 304 Of The Iraqi Penal Code To Protect The Dinar”
Quote:
“Article 304 of the Iraqi Penal Code, which stipulates the punishment and imprisonment of anyone who publicly broadcasts fabricated facts or allegations that would Causing a decline in the national banknotes or weakening confidence in the state’s currency and its bonds.”
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MarkZ
[via PDK]
We are also hearing from people inside Iraq that the instructions for releasing the implementation for the budget have been issued a time ago and publicly they been acting as if things were not done. They are doing this on purpose as certain people and positions were being removed. They were quietly cleaning house behind the scenes. Firm discussions were issued from the Prime Minister’s office to NOT disclose these matters. They are about ready to announce they have made these necessary changes. I think this lets us know they are working diligently on full implementation of the budget…and This should bring us a change in value.
…the Iraqi people are done waiting and are forcing the issue. This discussion is in the streets, with government officials and the banks. We will be getting our rate change. Its happening.
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Pimpy
When they signed that agreement with Iran I knew there was going to be consequences…that is probably something they should have thought twice about before they did it because as soon as that happened all of a sudden magically we have sanctions on 14 new banks, 18 altogether. That’s causing a huge problem with depreciation of the Iraqi dinar causing a big gap between the official exchange rate and the black market rate.
Article:
“An upcoming visit of an Iraqi government delegation to America to discuss the issue of the exchange rate”
We have Iraq ready to meet with the United States over the value of the Iraqi dinar…Iraq really needs to figure out a way to get out of control of the United States. It’s really a pain in the ass for them…
Quote:
“…The devaluation of the dinar is one of the hottest issues in the Iraqi streets so would be the most prominent access of the meeting…”
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Walkingstick (KTFA)
Question:
“Article 304 – It’s one of the things we’ve been waiting for haven’t we?“
It’s one of the things we’ve been waiting for yes. In a nutshell 304 is to protect fluctuations in the exchange rate of the IQD…to outlaw speculation on the exchange rate…They are protecting their exchange from, most likely, UST interference…
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Jeff
The budget can only be implemented at a specific time in the year. Not any time. That’s the reason why we haven’t see the budget or the rate change at this time. The rate change is linked to the timing of the budget. They’re peas in a pod. They’re kind of married together.
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Kaperoni
Guru Jeff says the budget and a rate change are linked together. Want to bet? They will begin to implement the budget for the next three years and there will be no RV. Only with the success and growth of Iraq’s economy can the dinar go up in value.
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MilitiaMan (KTFA)
If the Central Bank is ready to go and…the Finance Ministry is ready to go, if Al-Sudani is ready to go, Why aren’t we ready to go? I can’t answer that question. No body can except for the-powers-that-be. We know the United States Treasury came involved. We know the U.S. ambassador Romanowski is involved and we know the Central Bank of Iraq had conversations in the last 48 hours…these guys are talking about what we’re talking about.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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