Dinarland Highlights – 12.20.23
MarkZ
[via PDK]
Question: Will we see this before Christmas?
MarkZ: We don’t know – but, most of my contacts say we will…
Bank Story: From a member “I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes…. She smiled and shook my hand and said she looks forward to doing business with me very soon.“
MarkZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency.
The big news is the article and report…from the IMF…where they quite literally say that Iraq has a fantastic year ahead and much of that is due because of the passing of the exchange rate revaluation. The IMF released an actual bulletin discussing how well their meetings went with Iraqi officials…they talk about all the things Iraq did right and what the world is going to be…they even mention that part of what will make their economy so successful in 2024 is the exchange rate revaluation…I asked an Iraqi contact in government/finance his thoughts about if the revaluation they mention was the one in Feb where the dinar went from 1562 to about 1300 dinar per one dollar. …He said NO this is not what they are referencing. …so this is exiting straight from the IMF itself. Now we just need to cross the finish line.
______________________________________________________
Frank26 (KTFA)
Article:
“IMF Staff Concludes Staff Visit with Iraq”
FROM THE IMF, FROM THE HORSE’S MOUTH… GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM!
[Iraq boots-on-the-ground report]
FIREFLY: Bank guy said the dinar inside our country has steadily being established with stability…Because of these efforts the dollar is dropping every day this whole week. It had a major decline...the dollar will continue to drop. Start the new year with no dollar actions allowed anywhere.
FRANK: …I believe somewhere around the first they have no choice but to give you value…
[Franklin Tennessee Bank Story]
BANK STORY MAN: There’s a Chase right own the road where I live and I though let me go verify [The information from my other Chase bank story below 12-19-2023] …I walk in and there were two young girls. The branch manager was tied up in a meeting…I said I’m curious whether you do foreign exchange. She said yes we do, which currency? I said Iraqi dinar. She had the funniest look on her face. She said, yes I believe we can. The girl next to her said, no we cannot.
The girl I was talking to pointed at the screen and the other girl looked down…and went, oh, yes we will but we don’t have the ability to talk to you about it now.
FRANK: Boom! Mums the word.
BANK STORY MAN: I said I understand…I said is it true about the $5,000 increments [That they can only exchange $5,000 worth at a time]? She said, it is true. She said, but listen to me sir, we want your business. If you sit here all day doing $5,000 increments we don’t care.
______________________________________________________
Pimpy
Article:
“IMF expresses optimism about non-oil financial growth in Iraq”
This is a major must for Iraq. They need… non-oil financial growth…They can’t get to this fast enough. They can’t get this to grow quick enough. The fact they rely so much on oil is going to hurt them instead of benefit them…If oil prices fall, they’re back to square one and they’ll start devaluing the Iraqi dinar if they can’t find alternative to generate revenue for the state.
Iraq is still taking the steps necessary to stabilize their economy, stabilize their currency, give value and strength to the Iraqi dinar.
______________________________________________________
Samson (KTFA)
Article:
“Al-Sudani congratulates the winners of the local e-------s and invites them to interact with his government’s plans”
Advertisement
______________________________________________________
______________________________________________________
Jeff
The reforms are absolutely waiting on the rate change to implement. They can’t implement the reforms without changing the rate. They’re telling you the rate change itself is very clearly waiting and has been waiting this entire year on these [provincial] e-------s…
______________________________________________________
Nader From The Mid East
When we told you new currency coming out, it is. When we told you the rate will change, it is. Now, it depends how it’s going to go. If they continue to attack the embassy and continue the bull s--t over there it can slow down things. But here’s my expectation, I can be wrong, I can be right, my expectation the 1st of January will be no more [dollar]. Couple days later, a week later, new currency will come out. And maybe 2 or 3 days later a rate will come up…That’s what I think.
______________________________________________________
MilitiaMan
They’re talking about reducing Iraq’s dependence on oil. Dependence on oil is going to go away because they have non oil related products…services…and sectors. That’s going to be from the taxes and tariffs at the borders, imports, exports, natural resources. They’re going to have other than just oil. They’re going to have other circumstances…They’re talking about 350 million ton of sulfur…They’re trying to achieve sustainability for the private sector…
—
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 not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
