Dinarland Highlights – 2.19.24
MarkZ
[via PDK]
Comment: We’re hearing we must have receipts on the currency.
MarkZ: I was told since it has gone on for so long….they are not needing receipts to exchange unless you have an enormous amount of currency. If you have large, obscene amounts like $100 million in dinar or something like that…it would be best if you have receipts….
Iraq has got a lead position in a number of committees etc…in the WTO. And there are meetings scheduled throughout the year. They have to be full members to do these so to me it is very clear we are about to see Iraqs ascension into the WTO in the very near future…Nearly every economist out there is calling for a new rate before that occurs…
I know we are all tired of hearing of all this progress and we still cannot go to the bank. Imagine how frustrated the Iraqi citizens feel? But we are watching steady progress towards Iraq’s reinstatement and/or revaluation. I still think its going to be revaluation…but a reinstatement would be easier for them.
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Frank26 (KTFA)
If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you’ll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? No, that alone is an important aspect for you to understand…
Question:
“Do you think the conflict with Iran is going to delay this?“
No. In fact Iran is running out.
Question:
“Will the exchange rate be the same in all banks?”
Yes, that is a law. This is nonsense – ‘I belong to the United Nations humanitarian program…I’m going to get $5 because I belong to that.‘ You’re s----d or what? There’s no such thing as dual exchange rates for one currency. It’s against the law.
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MilitiaMan
Article quote:
“…Iraq will return to being a strong economic player.“
If they’re not a strong economic player at 1310 why would they be tomorrow? …Iraq’s not going to go international until they show us a Real Effective Exchange Rate. I’m looking forward to it. I think it’s going to be powerful.
One of the things that’s important is what we didn’t have in the past was banks talking to us at the length that they are now…
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Pimpy
You’re going to see IMO a slight increase in the exchange rate, probably within the first quarter of this year…I still feel in my heart there might be some kind of change to the exchange rate the first quarter of this year. It’s not going to be anything major but it is going to be an increase.
If you’re going to exchange your Iraqi dinar, let’s just say for the sake of this particular example…3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they’re saying, ‘Hey, you got $3 million in your account.’ Yah! You can’t say to them I want $3 million dollars because the bank doesn’t carry money like that no more. They might say…we are going to allow you to carry out $5,000 for today cash but we’re going to have to set an appointment with you to come pick up the rest of the cash…If they have to order currency for you, they’re going to charge you a fee because they have to pay a fee…
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Jeff
Article:
“Observer: Ending the mission of the Untied Nations office in Iraq takes Iraq out of Chapter Seven”
The UN exiting Iraq and no longer working with them automatically will lift and remove the UN Chapter VII sanctions. But keep in mind the UN will not be exiting Iraq until after Iraq has already revalued the currency. Iraq has to revalue before the UN will exit out.
Article:
“Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally”
Yeah, because they’re about to revalue and go international…It is right in front of our faces…It’s almost here. They needed the first quarter to prepare for it after achieving stability from the December e-------s. March is critical to us…
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Sandy Ingram
There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west…Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda…
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Walkingstick (KTFA)
The CBI was given new DeLaRue machines to use by the United States Treasury.Why? Because the old DeLaRue machines cannot read the new security features on the new lower notes.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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