Dinarland Highlights – 12.9.23
Mountain Goat
Article Quote:
“Encouraging and dealing with the local currency under the current economic conditions in the country is an important issue, especially with the government’s tendency to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to present it first in order to be a “issue of a homeland” in a real way.”
They are telling us once again they must complete the currency reform first as in integral part of rebuilding…the economy and the country…Their goal is to have the dinar come out higher than the dollar. This is not a fairy tale or rumor. This is FACT…
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MarkZ
[via PDK]
…a little ad…has been rolling all over Iraqi television lately. Talking about the dinar and how great it is. They are running ads talking about the future of the dinar…
I have one real positive banking story. A banker who was working at one of the large banks that is planning on being part of all of this…they work in wealth management…he figured out the RV was real and started buying currency. He switched jobs because of pressure and went to work at another bank in a lower level of wealth management …Well they told him they were preparing now for all of this…The RV and revaluations. This is another real world report from a member of our community telling us the banks are ready and this is real. This is very exciting to me…Upper level and mid level bankers are now being informed. I know of 5 stories like this just this month on people we personally know getting a “heads up” from bankers.
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Frank26 (KTFA)
[Iraq Kurdistan boots-on-the-ground report]
SUPERGIRL: Dyaa got news 2 days ago from Iraqi news. They are removing the zeros but they didn’t say when.
FRANK: Bingo…!
SUPERGIRL: He said it was BBC. News also said something about it…He did hear they are removing the zeros and they will change it to a one, 5, 10, 20 50...
FRANK: Wow! Jackpot!
The CBI meetings are in Dubai right now…they are coming to a conclusion. Were the CBI meetings discussing, should we use this rate, should we do this, this this, that? No. What they were discussing is, ‘Are we going to release it on this date at this rate and this is what we have to do and this, this, this and this.’ Okay! Now these meetings IMO are coming to a conclusion. Yeah, they are working a few things but it’s over and done with.
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Pimpy
Article:
“A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country.”
The quicker they do away with the dollar and start dealing only in their own currency is a huge step towards doing what they can to strengthening their own local currency against the US dollar. We know that’s happening 1st of this January 2024. At least that’s what they tell us.
Community comment:
“I disagree with your position. The dinar going up in increments doesn’t help anyone.”
Sure does. It helps the Iraqi people. They get more purchasing power.
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MilitiaMan
Article:
“The Finance Minister to the employees of the budget department, No vacation until the end of the year.”
In other words, stay working. We got work to do and it’s probably likely going to be significantly more. Why? Because if they change the value of the exchange rate their budget is going have to be addressed in a big way…It’s telling you the budget’s going to be sorted by the end of the year. We’re getting close…the year is coming quick.
Let’s see how much stronger the dinar is over the dollar. Al-Sudani has stated..the dinar is going to be stronger than the dollar. That’s the key focus in my view. I think it’s powerful stuff.
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Breitling
Question:
“Why is the dinar still available for sale?”
I’m assuming [you mean] internationally. Because of good ole fashioned capitalism.
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Kaperoni
A very important statement was made back in 2020 by the prime minister’s economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq’s entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation. It doesn’t make sense…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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