Dinarland Highlights – 1.1.24
MarkZ
[via PDK]
Comment: I was in a Chase bank last week and noticed an entrance for private banking services. In the bank I noticed cubicles and training ongoing.
MarkZ: Clearly they are preparing.
A lot of banking contacts are thinking we will see solid movement by the second…today on the first is a holiday and they are consolidating and moving things together…meaning possible announcements…There is a lot of fantastic chatter on what is going to. happen in the next 24 hours or so….
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Goldilocks
Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries.
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Frank26 (KTFA)
Question:
“What would be the punishment for using the dollar after the 1st?“
First time a big fine. If you continue, a bigger fine and the third one, jail.
Question:
“Is there a chance de-dollariztion could be delayed…and they keep using the dollar?”
No, no, no no no…You can’t change the speed of light.
The next step IMO is the new exchange rate and the introduction of the lower denoms to your hands to you Iraqi citizens. Not to the world because the world will never use the lower denoms only you inside of your country [Iraq] will use them…This thing can pop at any moment and the baby is crowning.
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Pimpy
Article:
“The central Bank determines the entities covered by obtaining their remittances in dollars starting Tuesday”
As we all know…Iraq decided to de-dollarize. They’re no longer going to use the dollar.
Quote:
“Central Bank of Iraq specified the parties covered by obtaining their foreign transfers and cash and dollar currency starting from January 2nd…”
They are definitely going to drastically reduce the use of the US dollar.
Community comment:
“They can change the rate anytime they want…“
They can change it anytime they want. They have the ability to do that. The reason why you do it at the beginning of the year is because then you have the whole entire year you need to plan for. If. They’re going to make any changes to the budget it’s definitely going to be around the first of the year…
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Clare (KTFA)
Article:
“Expectations that the decline in dollar prices will bring benefits to the Iraqi individual”
Quote:
“In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024.”
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Walkingstick (KTFA)
By mid-January 2024 the CBI is giving a time frame where the IQD CBI exchange rate will be one in the same as the market rate. That’s all that matters. Let’s see what that rate is by mid-January. The black market rate will be no longer…that shows great control of the CBI official exchange rate for their currency...
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MilitiaMan
All of this is coming together. There’s no reason for any pessimism or snide remarks for anybody around in dinarland… There’s shouldn’t be any doubt anymore that this is a real process and it’s underway…
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Nader From The Mid East
Happy New Year, best wishes and all that stuff…A lot of people are sending me messages going like do you see any changes? …I don’t know why you’re asking me that. What you guys heard? Who told you anything? Some people wrote me tonight at midnight the currency will be launched. Some people said their new rate will come out tonight at midnight …I didn’t see anything like that. They didn’t say they’re going to change the rate tonight. They didn’t say they’re coming out with currency tonight… They’ll never tell you they’re coming out with it…I’m not expecting anything tonight…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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