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Dinarland Highlights – 9.21.23
MarkZ
[via PDK]
…His [Sudani] first speech at the UN was more on the military situation, security etc…for the region. Latest reports are that he is now expected to talk again on Friday and address the UN…then hurry home…There is a lot of speculation that he will announce a rate…or that they are going international with their currency…when he gives that speech. Cross your fingers and say your prayers that this comes to fruition.
In Iraq:
“Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the Oil and Gas law”
We were also hearing this kind of thing from Kuwait before their last RV. I was always told to watch for this as a final trigger that needs to be hit right before we see RV. They are working on it. They may be releasing things like this so we don’t know if it’s already done or not.
Member Comment: …Praying this is our last week of waiting.
MarkZ: Things are looking good…that’s for certain.
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Mountain Goat
Article:
“AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY”
…Why would a foreign country want to invest in Iraq if they were not truly stable and ready to reinstate back on FOREX? The signs are all around us…
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Frank26 (KTFA)
Sudani went to the United Nations and he Article quote “…convinced the whole world that he is capable of solving the country’s chronic problems.” You’re talking about the sanctioned program rate? That’s the chronic problem you’ve been having forever and ever.
Question:
“I don’t know what HCL is?”
If you live in Alaska or Texas you would be able to receive mineral and oil rights/money because you live on that land. The state owes you as a citizen of that state a royalty. Iraqi citizens live on an ocean of oil…They are being given their rights when they sell these precious items through what’s called a Hydro-carbon Law.
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MilitiaMan (KTFA)
JP Morgan and Citi Bank are looking to have liquidity…
Article quote about Nelson the US Under Secretary, “Nelson appreciated the government reforms in the banking and financial sectors and the government’s success in restoring the confidence of global financial institutions.”
…JP Morgan, US Treasury and the Central Bank of Iraq are all cooperating in the Iraqi files. For what? Financial liquidity, commercial bank transfers outside the country…Drop the mic! That’s pretty heavy!
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Walkingstick (KTFA)
[Iraqi Banking friend Aki update]
There were meetings on Monday and Tuesday [Between CBI and Private banks] talking about the ATMs and they called it a ‘new currency. Not once did they say lower denoms or LDs they simply called it ‘new currency’. When you see this you’ll know exactly what the CBI is talking about to the citizens. Not the old 3-zero notes but the lower denominations.
Sudani going to New York is extremely crucial because he’s having all these meetings. These meetings are important for the monetary reform and to bring forth the economic reform…
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Yada (TNT)
…the meetings with the PM in NY is basically a, “We are Open For Business In Iraq” gathering. Citibank and JP Morgan are on board to handle all the digital transactions and the world is at their doorstep.
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Pimpy
Vietnam dong…the last we heard they were trying to recoup from a strong dollar. Unfortunately, they have been selling their reserve currencies to try to hold onto the current exchange rate. Remember, every time the United States hikes their interest rates it affects currencies all around the world making a US dollar stronger while making theirs
[currency] weaker.
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Sandy Ingram
The Prime Minister of Iraq has announced the development road project with Turkey is expected to increase the country’s Gross Domestic Product (GDP) value. When you hear the words GDP increase you can expect currency increase in value to follow…
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Kaperoni
Guru Frank26 thinks there will be no hydrocarbon law in Iraq until the central bank revalues the currency. One has nothing to do with the other. The dinar will remain weak until Iraq diversifies their economy.
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Bruce (The Big Call)
[via WiserNow]
…the oil and gas law which is the HCL, the hydrocarbon law…got…passed… they’re going to start paying that out to the people of Iraq, this is something they get proceeds from their portion meted out to each citizen… I believe it’s this month…could be October… I can’t remember exactly when but that has been agreed upon…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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