Dinarland Highlights – 2.1.24
MarkZ
[via PDK]
“The US Treasury requests Iraqi cooperation to limit funding for armed factions”
This is all part of what’s going on as Iraq cleans up. And yesterday – again in Iraq – they started openly talking about the exchange rate and the value of the dinar.
My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government…I have heard similar things from US bankers – that all rates are now set and fixed. So imo it’s “any moment” A number of contacts are still remaining silent because they have signed an NDA.
______________________________________________________
tlm724 (Bond Lady’s Corner)
Article:
“The Bank Of Jordan Links Iraq Through An Electronic System With Four Arab Countries”
Quotes:
“…Iraq is linked to an electronic system with four Arab countries, while indicating that the Central Bank is making great efforts to develop the banking sector in Iraq.”;
“…and I believe that they are moving at a very good speed to shorten the time gap, to reach the ranks of developed countries with these services.”
______________________________________________________
Walkingstick (KTFA)
[Iraqi Bank Friend Aki update]
This is the monetary reform roadmap for the next couple of weeks…January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens…Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency…Also…the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup…of international platforms. They are done and going live at any moment.
All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done. International platforms that were needed in order to do electronic transfers is done...
______________________________________________________
MilitiaMan
You’re not going to LOP your currency. You’re just not going to do that to your currency…Elementary school math will not allow Iraq’s budget at 1310 to do any of this [Investments, reforms, reconstruction projects etc.]
We all know the progress is amazing … Article quote:
“Central Bank Governor says, we prevented banks and companies from obtaining the dollar and the work on the electronic platform will end during the current year.“
He didn’t say at the end of the year. He said it’s going to end during the currency year…The electronic platform is where you get the dollar that goes to the parallel market which is smuggled out of the country… He’s going to cease that. Could that come any time? That very well could come at any time because tomorrow is during the current year…I believe Alaq is on a mission.
Advertisement
______________________________________________________
______________________________________________________
Pimpy
You’ve got people all going, yeah man this next budget they’re going to increase the value [of the dinar] when they’re now talking about possibly devaluing the Iraqi dinar. That’s not set in stone but it’s something they’re contemplating. I’m not saying they’re going to do it. I’m just saying it’s on their mind. It really depends on how far down oil prices drops.
______________________________________________________
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today.
FRANK: This is the last part of the monetary reform education. Congratulations!
The month of January…was a month…to implement…restore…complete, the monetary mechanism that’s being used to add value to the Iraqi dinar. That’s what I sincerely felt January was about.
______________________________________________________
Clare (KTFA)
Article:
“Advisor to the Prime Minister: The financial situation in Iraq is stable and sound”
Quote:
“Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now”
______________________________________________________
Advertisement
______________________________________________________
Sandy Ingram
Reuters Article:
“Iraq’s Kataib Hezbollah says it suspends attacks on US forces”
“Iran-aligned Iraqi armed group Kataib Hezbollah announced on Tuesday the suspension of all its military operations against U.S. troops in the region, in a decision aimed at preventing ’embarrassment’ of the Iraqi government, the group said.”
—
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
