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Dinarland Highlights – 9.6.23
Mountain Goat
Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however I believe this is their next target rate and maybe the last rate change prior to moving ahead once again aggressively with the plan for the reinstatement. Seems this dollar issue has stalled their plan for now but they will overcome it as they always do but it takes time.
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Frank26 (KTFA)
If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America’s structure wouldn’t it? It would…
[Iraq boots-on-the-ground report]
FIREFLY: The television is now showing the CBI now has finger prints and web cameras when purchasing dollars for travel abroad. They’re not letting anything slip anymore. The purpose Sudani said is the CBI is happy to do this because some people are still pulling tricks and getting away with buying and selling more dollars. This will help curtail this corruption.
FRANK: Every form of corruption is being removed. And every form of corruption is stealing the Iraqi dinar.
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Kaperoni
Article:
“Tabaqchali: Banks to Fuel the Iraqi Market’s Next Phase”
A step to diversify Iraq’s economy.
I assure you the dong will also remain weak since Vietnams economy has to compete with China for mfg contracts.
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MarkZ
[via PDK]
There are interesting things showing on currency converters…from the Forbes one to the EIX…. There are some interesting values showing on many of our currencies… There are a lot of “inconsistencies” on currency calculators right now. We are seeing Bolivar made it up to .35 cents. (doesn’t mean you can exchange it right now) We tried… Dong rates have also been bouncing around…
…we are starting to see changes in bank values etc. But, not an open trade on them yet…We have seen this in the past and it’s our theory that they are preparing the process when we see those rate changes. Is this the one where they actually pull the trigger???…The banker side has a lot of anticipation for late this afternoon…We have bank personnel keeping us abreast if any of these currencies become “tradable”…We will see what materializes.
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Breitling
The [CBI] governor flat out said they cannot float the dinar...I think the governor of the CBI knows what he’s talking about…
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Clare (KTFA)
Article:
“Iraq maintains its credit rating with a stable outlook”
Quote:
“A report by Standard & Poor’s Credit Rating Agency (S&P) revealed that Iraq maintained its credit rating at B – / B with a stable outlook, with an emphasis on financial and economic stability.”
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Pimpy
Looks like Russia and Saudi Arabia agreed together to keep [oil] production low until the end of 2023. This is definitely going to drive the price of gasoline up…As soon as that announcement was made, oil jumped up to above $90…
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MilitiaMan (KTFA)
Article:
“Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government’s policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees…”
…People want their money. You have to ask the question, Why have they gone from July and into September and they’re being placated. For what reason. What do they know is keeping them at bay? …they’re not going to stand for not getting paid…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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