Dinarland Highlights – 2.15.24
MarkZ
[via PDK]
Comment: I hear they are moving forward wihin 10 days.
MarkZ: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February…My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now…I think everything is done and we are just waiting on them to release it…My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March”
When they say “Next March” They mean this March of 2024. What does this mean? This is all about foreign currencies and International Acceptance! We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
From Iraq:
“An economist warns of the US Treasuries policy with Iraq”
These sanctions are affecting the value of the dinar which would be higher if it were not for the US games with banking…and people are upset…They want them out. There is tremendous pressure right now to get the US out of Iraq.
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MilitiaMan (KTFA)
Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait…They have massive amount of oil…liquid natural gas…gold…some of the biggest mineral deposits in the world that Kuwait does not have. You have to ask, why did they bring this up? – Article quote: “The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies …the dinar of the Gulf State is divided into 1,000 smaller units known as fils.”
Iraq does not have fils. They’re going to be talking about fils because why? Because…Al-Sudani has stated the dinar is stronger than the dollar. They’re going to need to be able to make change…When they bring this up with Iraq’s situation I think they’re doing it in a manner that suggests the region can support Iraq having a strong currency stronger than the dollar…
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Pimpy
Ms Plasschaert [UN special envoy for Iraq], she’s another subject of rumors that are going around the dinar community – that she’s getting ready to step down…because she’s no longer needed because they’re about to change the exchange rate and the sanctions are getting ready to be lifted off. That’s not the case. That’s also false.
Sanctions on banks, that’s not good. That’s the thing about the new reform to the banking system…they’re able to track what people are doing…
Article quote:
“…The US Treasury Department will include new Iraqi banks on the sanctions list unless the Central Bank of Iraq finds solutions to them…most of the banks transferred large amounts of dollars to Iraqi and the Iranian Revolutionary Guard…”
…You think Iraq is going to be able to increase their exchange rate if they can’t stop the US dollar from being sent over to Iran…? More sanctions on Iraq is only going to hurt them so it’s going to get worse before it gets better…
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Frank26 (KTFA)
The CBI is not calling them ‘lower denoms’, they are calling them ‘Lower notes’. They also explain the need for fractional banking through the coins they will be giving them. They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.
Question:
“Do we have to have our currency for over a year?”
For tax purposes, yeah. If you have your currency for at least one year you’re in the about 20% tax bracket. If you have had it for less than one year and you exchange it you’re in about the 40%. If you have had it for one year and you don’t have a receipt, you’re in the 40%. If you’ve had it for one year and you got a receipt you’re in the 20%.
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Clare (KTFA)
Article:
“Parliament hosts the governor and officials of the Central Bank regarding sanctions on Iraqi banks”
Article:
“Parliamentary Economy: Banned banks constitute 50% of private banks in Iraq”
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Walkingstick (KTFA)
The Government of Iraq is soon to receive the funding for everything that is waiting for a new international exchange rate, for everything the world is waiting for, for what you’re waiting for, for what the Iraqi citizens are desperately in need of.
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Breitling
The reality is these guys [Iraq] have more customers, they’re selling it at more per barrel but somehow they have to make sure they’re using their sovereign policy for their currency – Their sovereignty monetary policy. That’s what it’s all about. If you can believe that, then invest in the Iraqi dinar. If you don’t believe that then buzz off. It’s that simple.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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