Dinarland Highlights – 11.14.23
“Iraq plans “to neglect the US dollar” and parliament proposes to diversify foreign currency baskets”
Iraq will hold foreign currencies so they can do business in and around the middle east without the US. This story is bigger than it appears. It is all about de-dollarization. We know Iraq plans to be de-dollarized by January 1st. So for Iraq to be de-dollarized by January 1st…then their oil profits, etc will no longer be going through the US system that it is going through now…AND, they will need a fully functional, international currency. We have a really good indicator of when this rv has to happen by. It makes logical sense for it to be sooner. This article is fantastic.
… I am hearing- they want things completed and fully active and everything done by Jan. For that to happen it could go any day.
We have some very interesting chatter this evening. I have gotten this from many banking sources that they are expecting instructions very soon. Specifically instructions for “Foreign Currency Exchanges”!!! This is the event that we are looking for. I have heard this now from 3 different banking sources…Nobody knows the exact date…but they are expecting instructions at any moment and are prepared. They know it’s coming. Banking people from the mid-level up know it’s coming and are prepared for it. IMO this is great news.
Review from the articles… The PM announced the banks are now able to exchange foreign in country last week. The digital connections have been activated to collect the tariffs and taxes from all border crossings Monday last week. Their stock mark showed a 3000 point drop in dinars this past Sunday. To me, the dollar to dinar value is adjusting to the actual reissued value of the dinar. 10 days or so, 12 countries did currency swaps with Iraq. Contracts that were previously agreed upon are being signed from countries coming into Iraq to do business. TOTAL being one of the largest and along with the infrastructure contracts. All this requiring a new REISSUED rate. IMO, they’ve gone a far as they can go without not changing the rate…
[Iraq boots-on-the-ground report]
FIREFLY: The United States is meeting all day with Iraq on ways to help with the dollar crisis and now JP Morgan has stepped in too. They say JP will…help five Iraqi banks and this is a firm standpoint that will help start an end to the black market issue. We believe it would be the start of also of the float...
FRANK: …They are preparing you to make an announcement on your new category notes. JP Morgan has always said this dinar investment is a scam and now they are 100% behind the dinar monetary reform huh? Why? Because they are about to explode the currency internationally with the CBI.
JAMES ONE: A gentleman came up, definitely someone that had it all together and in a bit of conversation he told us his job. I don’t want to speak of the agency.
FRANK: Let’s say this is a banking agency that is one of the top three agencies banks need in order to function.
JAMES ONE: Very good…This man was former special ops, has retired and is doing a lot of work with a US agency that all banks around the world have to coordinate with. There was some small talk and conversation and then it was what do you know about the Iraqi dinar?
He smiled and he said well I know quite a bit about it…it’s no secret in the banking world. The Iraqi dinar is about to reinstate. He gave me the rate. You want me to give the rate?
JAMES ONE: He said any day has potential but he said definitely before 2024. He said everything is done and there is a date. Now he didn’t say what it was but he was very forthcoming. He said it’s no secret. This is about to happen…He was so confident of the rate…I come from a military background too, when someone from the special ops says something you don’t question…
FRANK: There’s no doubting this guy’s information…we’re presenting it as a rumor but I’m not doubting his rumor.
There’s a lot of things that reeking of going international.
“The Central Bank is making intensive efforts through its discussions with the US Federal Reserve Bank to ease restrictions on Iraqi Banks…as well as developing practical solutions to liberalize the Iraqi currency by opening outlets in most of the countries of the world for dealing.”
Hello!?! It should be a light bulb everybody! They’re talking about going international with what? The Iraqi dinar…they’re going to liberalize the dinar.
We’ve heard this about different currencies. Iraq’s going to be trading outside the dollar. They’re going to be using different currencies…They’re going to be on a level playing field…Iraq’s been working through an international interconnectivity system the ITC, The World Bank, the Bank of International Settlements, the central banks of the world, the federal Reserve Bank. It isn’t just a push the button situation…it’s a complex process.
Nader From The Mid East
“The governor of the Central Bank, Al-Alaq failed to control the rise in the dollar exchange rate.”
Don’t panic. Alaq has nothing to do with what’s going on. He’s not doing a very good job. He’s a very good guy, hard worker, doing whatever he can but I think this job is too big for him to handle…I would not be surprised if he got fired. I would not be sad either…He can not handle the job. He should do something else…He’s not good at controlling things. He can’t control the CBI. It’s too big for him…I’m not saying they’re going to fire him, maybe not. Maybe he’s going to get his shit together and do a better job but don’t panic. This has nothing to do with what’s going on.
“JP Morgan lends Iraq $257 million to maintain power facilities”
Remember, we started with a MR that led to an RV that leads now today to an RD that will lead to an international float. Now…When it gets to the point of the float, a supply and demand of the Iraqi dinar…will determine which exchange rate of the RV that they cap it at.
All of a sudden all these moves and all this reforming and all these new systems and all this training is starting to make sense don’t you think? We’ve been hearing about the banks getting trained for a long time. We’ve been hearing about all kinds of different reforms. But now you see why. They’re getting ready to finally be free, hopefully get their sovereignty back and be allowed to trade and do business on the international level. This is going to make a world of difference with the Iraqi people as well as their currency…
“Al-Basri: We have complete information about exchange rate speculators and we arrested 22 accused of corruption”
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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