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Dinarland Highlights – 11.2.23
MarkZ
[via PDK]
Comment: I heard Iraq is applying to the WTO today [11-1-23]. Presumably meeting over the next 3 days.
MarkZ: They have already applied…they have already been approved for ascension…but, it hasn’t happened…so these 3 days of meetings are very important.
Question: Don’t they have to change the rate before Iraq joins the WTO?
MarkZ: That’s what everyone says. This is assumed by almost everybody that Iraq will need to change their rate before they join the World Trade Organization…
I am hearing some very fun and interesting stuff that is telling me things are well underway, and we will see the manifestation of it very soon. I continue to get news from the middle east that things are already done and we are waiting for it to implement. Back in the days when Kuwait went –they kept it under wraps for about 10 days. I don’t know if they can hide it that long in today’s world. But they continue to tell me they expect notifications soon.
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Yada (TNT)
A lot of events that they can’t hide. The currency swaps with other countries, the activation of their banking using dinars only starting 11-1-23, the connection of the banks, ports, and government offices with their central bank, hence, all these activation before the rate change in country and next, internationally.
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Pimpy
In all fairness Iraq has managed to stay out of the crap that’s going on over there despite calls by Sadr to get involved…
Article:
“As of the beginning of next month, Kurdistan will adopt the Iraqi dinar in crossings and airport transactions”
This is what I was talking about – Steps towards straightening the Iraqi dinar…This is a major move. This is awesome. This is great for the Iraqi dinar. This helps strengthen the Iraqi dinar..
Two more months until the end of the year. Is Iraq going be able to tough it out with this currency exchange rate for two months? As long as the market doesn’t get any more out of whack than it is, we’ll see. IMO they should do something with the exchange rate a little bit to help this situation.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: We have big new report on television saying the Iraqi parliament is in full support of the CBI and its actions to control the exchange rate for the monetary reform.
FRANK: The only reason parliament is saying you’re now going to have your new exchange…your HCL…your budget…you’re now going to have everything that was promised to you by Sudani and Alaq is because they lost full control of the corruption…
Article:
“The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers”
THE UST HELPING THE CBI TO REMOVE CORRUPTION IN THE MONETARY REFORM.
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MilitiaMan
Article quote:
“There are negotiations with the Iranian side to create a platform for new currencies other than the dollar to secure Inter-trade between the two countries. It’s called Visa Direct. It’s a new banking service launched by one of the most important digital banks in the country under the supervision of the Central Bank and in cooperation with Visa International…this will help in the collapse of the black market prices…”
Kinda big right? International…That’s their goal, get rid of the black market and I think the corrupt see their cash cow is about ready to go bye-bye.
Since the Ministerial Council of Economics got involved, which was in November of last year, the dynamics have completely changed. It isn’t the blah, blah, blah, same ole story. Those that think that way really should know their investment and get involved because the time is coming to where change is about to happen…
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Mountain Goat
My contact from the CBI has told me…that January 2024 is their target and is the best most opportune time to reinstate the dinar. In my last conversation with my contact I was toldthey were given the green light to begin the re-education criteria to teach the citizens about the newer lower denominations and how the conversion back to the lower denominations as they had before 2004 is going to take place…I am still being very hopeful for a January 2024 reinstatement…
Articles:
“NEARLY TEN BILLION DOLLARS IN IRAQI OIL REVENUES LAST MONTH”;
“IRAQ IS AMONG THE LARGEST ARAB COUNTRIES IN GOLD RESERVES… INTERNATIONAL STATISTICS DURING 2023”
Yes, and still the dinar is at 1/6 of a penny. How outrageous is this that they still continue to manipulate the dollar in Iraq. We will see what happens in January when the CBI has reported they plan to cut off all dollars for imports. The dollars will dry up. So get ready Iraq…
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Clare (KTFA)
Article:
“The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers”
Quote:
“The Finance Committee is in constant contact with the Central Bank of Iraq and other concerned parties regarding the problem of the fluctuation of dollar selling prices and supports all steps and measures that would restore stability to the exchange rate…with the aim of finding alternatives and solutions…in a way that preserves the strength of the Iraqi dinar and also preserves the strength of our cash reserves of hard currency.”
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Nader From The Mid East
You guys saw all this news coming out. This is getting exciting and excited more and more. It’s amazing. I think things are happening…It’s good what’s happening. Now the big fight against the corrupted people…
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RayRen98 (TNT)
BANK STAFF RECEIVED “GET READY” MEMOS THIS MORNING, THEY’VE BEEN EXCITED ALL DAY!
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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