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Dinarland Highlights – 12.31.23
sheila
IMHO… We wait for ISX to open Tuesday… Then Tuesday evening Iraq said they will pay salaries out of budget? Hoping these are clues to going from program rate to international market rate.
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MarkZ
[via PDK]
Question: Do you still expect all currencies to go at the same time?
MarkZ: Yes…I still it expect it to all go at once.
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Frank26 (KTFA)
Question:
“Is Iraq going forward with only dinars as of January 1st?”
Yes and that is the key…the next 24 hours is a very important key to see if they use it to unlock the monetary reform….If the Iraqi citizens have absolutely no other currency but the dinar to use in their country…how are they going to do it with a 3-zero note that has almost no value to it?
It’s still at 1310…Right now. Don’t you understand [the dinar] is being put into a position to change the rate? It’s that simple. It’s not complicated. It’s that simple at this simple step…That’s what you’re seeing. That’s what you’re witnessing.
Do we hold them or do we fold them? We have a lot to consider…
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Pimpy
Looks like Iraq has put their ducks in a row. They’re getting ready to start the new year of 2024 doing exactly what they said they were going to do – stop using the US dollar, making sure the Iraqi dinar is stable before they do that.
Article:
“Iraq is ranked 4th in the list of the most dynamic countries with foreign investment“
Quote:
“Iraq ranked 4th among 10 countries with the growth of foreign investment momentum until 2024 with a growth rate in expanse of more than 370% from 2021 until the end of 2023 according to a report by the Foreign Direct Investment (FDI) website.”
This is really good for Iraq.
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Nader From The Mid East
I hope it gets 1 to 1. I’d be happy with that…Let’s see what’s going on with the budget and the elimination of the dollar. Let’s wait for the best and expect the best.
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Angel1
People are asking are they international? Are they gonna go international? …They have two currencies trading in dinar…pegged to the dinar…They are already operating internationally in a controlled environment…It’s not going to shock the market when they go on Forex and peg to six different currencies. They’re already doing that now. The roll out has already begun. The markets are already accepting them. The markets are warming up for them to go on Forex officially. They are already doing what we want them to do on a small controlled scale…They’ve proven that they can do it.
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MilitiaMan
Iraq is going to be interconnecting with international countries and they’re going to be doing it by International standards and guess what they’re not going to be doing that with a 1310 program, or I call it, a punishment rate…
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DataSteward
A few minutes ago it turned midnight in IQD land, Jan 1, 2024 and the website still shows 1310.000 USD. Hope it changes soon.
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Walkingstick (KTFA)
The goal to de-dollarize has been the goal all along of the monetary reform – to remove the American dollar from Iraq’s banking structure. The fact that we are there is exciting.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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