______________________________________________________
Dinarland Highlights – 12.10.23
Mountain Goat
…the reinstatement is a multi-step process. First a new in-country rate of about 1:1, then the swap-out and then a move to FOREX. It is this move to FOREX we want and I cannot also emphasize this enough. There will NEVER be two rates…Once the reinstatement occurs the program rate stuff goes away….Then the CBI will also link to and reference the FOREX rate.
______________________________________________________
Pimpy
[Response to the the new Iraqi Dinar Commercial video…See Frank26’s 10-8-2023 post]
The video shouldn’t be shocking to anybody. The video that was released is only supporting what we’ve been reading over the last couple months – That Iraq was going to start taking pride in their currency, the government wants to encourage them to take pride in their currency, they want them to start getting away from using the US dollar and start using Iraqi dinar and together they’ll do what it take to strengthen the Iraqi dinar…Nice little commercial…
Question:
“Article 140, HCL, Oil and Gas – RV ready?”
Even if they pass that doesn’t mean the RV is going to to happen. That’s what I keep telling people…There are people out there…telling you, ‘Yeah, once the HCL, oil and gas law passes then we’re going to see an increase in the exchange rate.‘ They say that about everything. ‘Well, the new budget, it’s impossible for them to move forward without a higher exchange rate.’ Or ‘They can’t get into the World Trade Organization without a higher exchange rate.’ All those are lies. They can.
Remember Iraq is an importing country, not like Vietnam who’s exporting…They have room for the Iraqi dinar to grow. This will allow them allow them to bring in goods from around the world to the Iraqi people…
______________________________________________________
Frank26 (KTFA)
Question:
“How long will we have to exchange IYO?”
The American dollar 3-zero notes are still legal tender. They’re from the turn of last century! We still have 3-zero notes…and they’ve never been expired. But in this case it’s different. IMO I think they’ll probably give you within a year. Therefore it could be a year, six months, 3 months…
There is no more guessing. The World Bank has just told the whole world Iraq is about to raise the value of its currency.
There’s only one thing left on the CBI’s and Sudani’s part of the monetary reform...bring out the new exchange rate and the new national currency that belongs to the Iraqi citizens and to their future. That’ the one thing that’s left.
______________________________________________________
MilitiaMan
Article:
“Encouraging the local currency and dealing with it in light of the current economic conditions the country is experiencing is an important issue especially with the government’s intention to strengthen the Iraqi dinar against other hard currencies especially the dollar…”
They’re educating them. All these things are fascinating. It’s happening before our eyes.
We’ve seen nothing but loans for salaries. Why? Because they haven’t changed the exchange rate in my view. Projects haven’t been paid. Why? Because they haven’t changed the exchange rate. Why? Because they need specific time maybe? I’m not really sure. But…everything becomes cheaper once they change the exchange rate. Do they have a time frame for it? Of course they must…Alaq said they’re done commercially with the dollar on the 1st of next month. We’re going to have to be cautious and wise and pay close attention.
Advertisement
______________________________________________________
______________________________________________________
RayRen98 (TNT)
[via Babysmom]
…MOST RECENT ANTICIPATED OPENING RATES AS PER RAY…DONG .47… DINAR 3.81…WE WON’T KNOW UNTIL THE DAY WE GO TO EXCHANGE WHAT THE CURRENT RATE IS…
______________________________________________________
Walkingstick (KTFA)
Question:
“Do you think the tellers [In Iraq] have the lower denoms?”
No. “…Executive levels?” Yes. Samples and specimens and LDs only at executive levels right now…
______________________________________________________
Breitling
The inflation for Iraq is artificial inflation. You go back and look, How many customers did Iraq have back in the day? How much oil were they selling? What was the value of the currency back in those days? $3.22 value. How many customers do they have today? They have way more customers. They have more production. The price per barrel is more than in those days when it [the dinar] was $3.22. It’s not a market bearing inflation, it’s artificial inflation. They have more customers. They have a bigger reserve than they’ve ever had. One of the biggest in the world for the US dollar. That’s the reality that you’re looking at. You are sitting on a gold mine.
—
Advertisement
______________________________________________________
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
