Dinarland Highlights – 8.8.23
I have been told over and over again the NDA will be about the rate. We can tell them we exchanged dinar…we are just not allowed to tell the specific rate we were paid. That is what I was told. This makes sense.
Member comment: A banker was said to have told a customer who asked about the new offices…was told it was for currency exchanges. He was asked if he had any and he said “dong and rate will be $3 per dong” MarkZ: We had something similar happen in several different areas.
In Iraq “On top of them is Al Kazemi. Al Musawi demands that those who were involved in steal of the century be tried publically in the center of the capital” 2 and ½ Billion dollars funneled out by government officials. They want disclosure…It’s everything to them, and they want to air all the dirty laundry. I think this is a huge step and a very healing step. They want to try these people so it never happens again…They are making certain things are safe and transparent.
“‘Our dinar’. A campaign to return the dollar exchange to its normal rates“
“...the return of the dollar exchange to its normal rates needs to adopt the slogan “Our dinar”, calling at the same time for the concerted efforts of government institutions, the private sector and the media to support dealing with dinars exclusively, and to leave dollar transactions.”;
“Restricting transactions to dinars is an important step that raises the value of the dinar and takes the market to the stage of stability,”
“The tripartite budget instructions come into effect after being published in the Iraqi Gazette“
“The Iraqi Al-Waqi newspaper published, on Monday, the instructions for the tripartite budget, which entered into force. “The instructions of the tripartite budget law have been published in the Official Gazette, said Hanan Munther Nassif, Director General of the Iraqi Gazette.”
[Iraq boots-on-the-ground report]
FIREFLY: We hear on TV that the budget is active now since the instructions have been given.
FRANK: Your budget is active. Your budget is open. The problem is there are issues…amendments…appeals being put on the budget right now. Once those are removed you will have more of your presents open on this Christmas Day.
FIREFLY: Went to bank friend. He says in his opinion we’re going to see another official change down from 1320 to closer to 1100 or 1000 and I heard through the rumor mill that this next step, rate change, is needed.
FRANK: …Was this not the exact numbers we told you months ago that there would be a 3rd exchange rate somewhere between 1200 10 1000…this will make it so much easier to lift the 3-zeros because IMO the IQD is next in line..
They’re openly telling you, ‘Our dinar is our sovereignty.’ Well exactly, so let’s get on it. Do it. Get it done. And that’s what we’re seeing…I think they’re going to be doing it quite quickly now. And I think we’re going to start watching some circumstances unfold in the very short period of time, whether that’s this week or not is to be determined but they’re openly showing that they are doing things that suggest they’re doing things today, tomorrow, the next day, next week, they’re moving forward. They’re not going to stop.
The Black market goes away as we know it once Iraq changes the exchange rate to exceed the dollar in value. imo.
1200 to 1000 IMO is the instructions of the budget, is the instructions of the monetary reforms next step. The instructions is part of the exchange rate and the exchange rate is always a component of the budget.Is it is in the Gazette with the new exchange rate? No. …The budget law is now in the Gazette because the budget law is the budget. It is in the Gazette which puts the exchange rate to be seen. It will reveal the exchange rate now. Will it be different from the 1320? We wait to see.
Nader From The Mid East
Iraq need an exchange rate… 1 to 1 that’s not a big deal. Why? Because the county is not poor. The country is very rich…Now we have oil… we have gas, soon we’re gonna have tourists… manufacturers. We’re gonna have a lot of things like every country…we need a new exchange rate. We need to be equal to other countries. I think it’s gonna come soon…
There’s no such thing as in-country rate versus a rate for outside the country…Whatever they [Iraqis] learn and find out about the exchange rate so do we. It’s not that they’re going to get an advance notice. That won’t happen.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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