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Dinarland Highlights for August 16, 2023

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Dinarland Highlights – 8.16.23

MarkZ

[via PDK]

It’s exceptionally quiet on the RV front…A lot of them say things appear to be on schedule …but nothing more than that…We have the Iraq budget scheduled to release on the 20th.

Question: I wonder are we going to see something this month?, or going into next month?

MarkZ: I very much think we will see it this month.

Iraq is cleaning dinar off the streets…cleaning up…from counterfeit to illegal dinar…They have already taken in $1.4 trillion in dinar off the streets in the last few days. This is part of the same effort to support the value…they are getting rid of corruption…they are trying to control the dinar completely so they can justify a value change…they are working hard towards it… I believe its going to happen quicker than we thinkThey will go after the majority of the corruption then release the new rate. I think its imminent…Iraq has put themselves out there with projects…they need that change in value.

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Mountain Goat

I…want to remind everyone again that when they do decide RV they must follow “the process” already set up to do it as I was told in 2011 by   Dr Shabibi.  Also…all the other past rate changes… article after article came out afterwards telling us about them. This is what will happen again. Folks the RV, when it happens, will NOT be a secret. Get it? It will be sudden and swift. 

In summary the process begins in Iraq with the project to delete the zeros. Once they complete this project they must wait and watch for inflation (1 -2 weeks), then if all goes well, they will trigger the reinstatement to FOREX. So, I am told right now we are waiting for yet one more rate change from the 1320 to around 1000. I think more like 1100ish, 1166ish… The rate of 1320 is very close to it

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: Channel One says Iraq needs half of the existing exchange companies and banking needs to be rehabilitated.

FRANK: Yes they’re shutting them down left and right…they’re selecting which ones they will give licenses back to because they will need many money exchangers when the rate goes up inside of Iraq because they…will bring in their 3-zero notes and exchange them for the lower denoms because the lower denoms will be more powerful than the 3-zero notes and IMO more powerful than the American dollar.  Mark my word.

Article Quote:
“Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate.”

Well the CBI can’t do that.  How can you get a very large decrease in the American Exchange rate against the dinar?  By adding value to the Iraqi dinar exchange rate. Which is what they’re about to do.  

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MilitiaMan (KTFA)

There was an article…41 million forged dinars seized by the Kurdistan region.  41 million dinars isn’t a lot of money right?  But what it was was 41 million 25,000 notes that were seized that were forged. Why would somebody do that?  They would do that because they’re trying to figure out a way to game the system because they know something’s changing.

They’re going to have to be able to get to the stage, ‘Look are we going to do the allocations for the 2023 budget…? Are we going to disperse that money?  Are we going to spend it?’  They haven’t done that yet. They’re not going to be able to buy all those widgets at 1310, build those bridges and all those different things.  It just doesn’t work…

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Clare (KTFA)

Article:
“A government source: Al-Sudani will announce from Baiji that the stolen materials will be returned from its refineries “

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Kaperoni

…Claims the dinar is at a program rate. There’s no such thing as a program rate, the exchange rate of dinar is the rate of the dinar! …Iraq won’t trade the dinar internationally at the current exchange rate of 1310.  They already do and that is the exchange rate.

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Walkingstick (KTFA)

It is possible we will see more arrests coming…Money from many different bank accounts from around the world has been retrieved.  All of this has an effect.  When they retrieve all this money/property this has an effect on the new exchange rate.  It has an effect on the release of the new currency.  Three trillion Iraqi dinar (over $2 billion) is…what Sudani recovered.  Sudani is doing what’s needed to bring forth the new exchange rate…

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Samson (KTFA)

Article:
“Jaafar: The theft of the century has become an international issue and countries do not mind extraditing those involved”

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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