Dinarland Highlights – 9.16.23
Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues??
MarkZ answer: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
Well…this surprised me, but I got it from 3 different sources that they are (with hopeful anticipation) keeping a skeleton crew in call centers/ redemption centers and working on how they are going to handle appointments… I think this is good news. I think its comforting that the banking side of this is taking it seriously and has a small crew ready – just in case they pull the trigger.
Most of the news we are expecting should start tomorrow or Monday coming out of Iraq…we are expecting a lot of activity tomorrow and Monday.
You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn’t make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there’s security and stability in Iraq and it’s all because Iran finally conceded, ‘we give up’.
The CBI had a meeting with the United States Treasury…The CBI got their butts chewed out in front of Sudani. In less than 24 hours all the nonsense they were complaining about has been wiped out..
[Iraq boots-on-the-ground report]
FIREFLY: We see Austria is back here in Iraq. They are reopening their embassy here. Their ambassador says due to the security and stability here it leads them to trust and reopen.
FRANK: Hey, Sudani how clean is the floor of the CBI bro!?
The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy’s growth by adhering to international standards… Rosenberg applauded the Iraqi government’s outstanding efforts in implementing financial and banking reforms which would support Iraq’s attempts to…expand its economy.
Here’s why I am extremely excited and fired up. I got a very special call…and here is what I was told. The CBI has begun the rollout. The CBI’s teams have been activated, assigned and started working on Wednesday. So it has begun…We’ll see some education. We’ll see people getting in place. It has begun…Here’s how I see it going. Sunday there will be approvals made. Monday it’ll be pushed through parliament and next week should be very very exciting…I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked.
Al Sudani was denied access to come to…the US because he had three things to get done. And now he is scheduled to be in the U.S. on the 20th which is Wednesday. I have a hard time thinking on the 20th he’s going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate.
I’m really excited about the future for Iraq…I see an economical boom in the future for Iraq...It’s going to be sometime around 2025 but that doesn’t mean the Iraqi dinar isn’t going to go up, it’s just not going to happen overnight…It’s going to go up in increments…
“Sources: Al-Sudani will participate in the United Nations General Assembly next week”
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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