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Dinarland Highlights – 11.15.23
Mountain Goat
Article:
“THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ”
Quote:
“We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history…stressing that this agreement constitutes the beginning of price stability in the exchange market.“
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate…
FRANK: Do you honestly believe it’s being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it’s also part of your education.
[Bank Story]
I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated…
FRANK: What?? Chase told you this?!
Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn’t it?
FRANK: Follow up on this don’t leave it there.
BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn’t a fluke and reassuring myself…This time I got a different advisor…Guess what? He told me the same thing…that Iraq was about to reinstate their currency…I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar…He transferred my call to the JP Morgan Chase bank and a lady by the name of ‘Ms Bank Lady’ didn’t deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank…
FRANK: This is incredible information. I’m so glad you pursued it to the next level…
You see these banks finally admitting the truth about the Iraqi dinar monetary reform. They would never talk about it before because they would lose their licenses. They would lose the opportunity to exchange when a time comes. And that time has come!
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MarkZ
[via PDK]
I heard one banking story from another persons local bank. After telling him that investing in currencies was not a good thing…yesterday the teller asked if he still had those currencies and he just heard they will be exchanging them soon….
I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources… but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news.
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Pimpy
We know the beginning of 2024, we heard anyways, we’ll see if it actually happens, Iraq is no longer going to use the US dollar in the country. That will lower the demand for US dollars but that still doesn’t curve the demand for US dollars that are being smuggled into other countries. It will decrease the demand for US dollars and increase the demand for Iraqi dinars. This is really good.
I haven’t been this excited about Iraq in a long time. I remember in 2019 they were really striving, making great steps and then everything kind of fell apart and then we had the whole “Rona” thing took place and it just seemed like they could not get their head above water. But this past year, everything is looking pretty good.
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Breitling
Iraq right now they simply don’t know what to do. That doesn’t mean they can’t revalue their currency and add value to it tomorrow. The can do it. They can get away with it. They could maintain a rate. But I’m telling you right now what’s going on between Israel and Hamas and their watching the response from Iran and Saudi Arabia, they don’t know what to do. So they’re probably going to be a little bit trigger shy. Am I getting out? Nope…
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Kaperoni
We found out very quickly many years ago that there would never be an RV of the Iraqi dinar or the term reinstatement. Those are made up terms and will not happen. If this is something new to you to hear it’s probably best that you learn it now because there will be no single RV or overnight RV or reinstatement of the Iraqi dinar. The Iraqi dinar is not a lottery ticket…If the dinar is ever going to go up in value it will go up gradually as a result of the success and growth of their own economy…
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Clare (KTFA)
Article:
“The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year“
Quote:
“This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year.”
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MilitiaMan
What the WTO and the world want to see is that Iraq is a balanced nation…They need to produce. I’m talking about industry…Development Road Program, the Silk Road Initiative. All of that’s coming together and coming into play to be able to prove to the world Iraq is ready to stand on her own two fee and start doing trade and be that additional bread basket to the world…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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