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Dinarland Highlights – 1.11.25
MarkZ
[via PDK]
Question: Is this our week?
MarkZ: I’m hearing mixed signals on that. Some say it is our week and some say – not till after the 21st.
Comment: Still hearing no RV until after the inauguration.
MarkZ: It’s possible…But my banking sources still believe there is a good possibility we will have a rate change this evening…late this evening…It always was stated that the best time to do this was between 11PM est and 2AM est on a Saturday night into a Sunday Morning …so maybe?
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Bruce (The Big Call)
[via WiserNow]
…we did understand that there was a conference call…that would have incorporated all of the redemption centers, leaders and bank managers, at least bank managers throughout the country, the US…what was interesting was that there were two main things…that they discussed…on this conference call, one of which was that these currencies which we’re exchanging, they are not a taxable event…it was designed to be way on purpose. Now, the income that you earn from interest being paid on your account in the bank that interest is called passive income, and it will be taxed, but the event itself, the exchange of currencies…is not taxable…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Parliament just announced the next session will include amending the budget. It’s on TV now…Sudani wanted this done by the 6th, no later than the 7th and now they’re come out 3 days later saying okay, okay okay we’re going to do it. TV keeps going over the parliament plans on amending the investment budget in the next two sessions that are coming…
FRANK: If they truly do anything with the budge it will be exposing the new exchange rate.
The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished. We were hoping they were going to expose the new rate…
It used to be they would steal the money…through the auctions but now there is no more auctions. The cash cow is d**d and the security and stability is blossoming inside of Iraq because of the efforts of Sudani, the United States Treasury and Donald Trump…The black market was another powerful weapon they used to manipulate the exchange rate of the Iraqi currency…The black market rate is dropping. It is dying…The black market does not feed the evil people anymore...
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MilitiaMan
Article:
“Explains the new mechanism for external transfers after the platform is closed”
Here again we’re learning they’ve changed the dollar auctions to the new reinforcement mechanism …That’s why you’re hearing people squeaking pretty loudly about pricing going up on the streets because they can’t get the dollar…
The 2023, 2024, 2025 budget amendment looks to be on the table. It was supposed to be read on Monday, it looks like it’s slated for Sunday. So powerful weekend…It looks pretty promising it really does.
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Clare (KTFA)
Article:
“The House of Representatives discusses amending the Unified Retirement Law and the General Budget”
Quote:
“The Iraqi Council of Representatives is scheduled to resume its sessions tomorrow, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda”
Article:
“Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community”
Quote:
“US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump’s defenders and one of his most prominent supporters in the e*******s.”
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Walkingstick (KTFA)
[Iraqi bank friend Aki update]
AKI: We are just sitting here waiting for the introduction of the new exchange rate that will come from the ’25 budget. We wait for the budget laws that will expose the budget and its components and the new rate…
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Kaperoni
Iraq is clearly working to diversify their economy away from oil Independence. They’re also diligently focused on investment, rebuilding and integrating their banking system into the global economy. Good signs!
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Pimpy
They continue with all the necessary reforms which is really great for Iraq. Let’s hope they continue. What we’re looking for is Trump to erase the last of these sanctions maybe in return for something that he needs from al-Sudani.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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