Dinarland Highlights – 6.12.24
Kaperoni
Monetary policy in any country is never a random act or arbitrary decision. It’s the result of progress. Until Iraq passes the needed legislation to encourage investment, the dinar will continue to remain weak.
There is no RV. Iraq could never afford any significant increase in the dinar. And delete three zeros is a neutral event. No gain on the currency value. We hope this does not occur. The only way the dinar will ever go up in value is a float based on the economic success and growth of their own economy.
______________________________________________________
Mountain Goat
If you step outside of Iraq, when they finally do reinstate the dinar, the exchange of the three zero notes…will exchange to whatever the currency exchanges i.e. FOREX rate is at the time.
______________________________________________________
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Parliament is saying we’re going to pass the investment law. You’re going to see it very soon…
It’s no secret that they’re raising the value of their currency. It’s no secret they’re going to float their currency to reach a real effective exchange rate. It’s no secret a new category of lower notes are coming out. It’s no secrete the monetary reform has been successful and everyone is pouring into this country because of that and therefor the economic reform is about to explode.
______________________________________________________
Samson (KTFA)
Articles:
“Parliamentary Committee: The investment law will see the light soon”
“Jordan considers Iraq one of its ‘most important’ key partners in the investment field”
Advertisement
______________________________________________________
______________________________________________________
MarkZ
[via PDK]
“After returning it for the purpose of auditing –The Iraqi Gazette addressed parliament to send budget tables”
So they are expected to release it to the papers this week …There are a lot of people who believe we will see a rate when they do that. I do have a couple contacts in Iraq that believe we will see it then…They expect it to be published Saturday in the Gazette…I hope they are accurate.
______________________________________________________
MilitiaMan
Article quote:
“…this year will witness a significant and tangible change for the citizens.”
1310, if going into the future, is not…a significant tangible change…We already know Alaq said he was going to have to delete the zeros. We know al-Sudani said the dinar is going to be stronger than the dollar…
______________________________________________________
Nader From The Mid East
Last week…I said Iraq government start a new white paper, it’s all about the currency. From here to the 8th of July we should have an answer. What they going to do – Are they going to change the exchange rate or not? That’s what I said exactly. They’re working on it. I know they created a white paper on that. The CBI… government of Iraq, the reserve and the IMF are all working on the same page on those white papers. I don’t know if it’s going to change or not…
______________________________________________________
Advertisement
______________________________________________________
Jeff
The central bank announced their 3rd strategic plan…They’ll be increasing gold reserves…they also said they’re going to offer new issues of high quality currency and reduce the deficit…
—
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
