Dinarland Highlights – 3.7.25
Bruce (The Big Call)
[via WiserNow]
…remember, the rates at the redemption centers will be higher than those at the banks. The only exception that I’ve heard of on that has been the Vietnamese Dong, the Dong rate at the redemption center yesterday was…the same as it was in the banks. That’s the exception for the rule, the dinar is going to be much higher at the redemption center, because they’re going to offer us a contract rate on the dinar.
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MarkZ
[via PDK]
Article:
“After a stalemate of several weeks- parliament plans a Saturday session”
Even though it is Ramadan…they are having a session.
My Wealth management/redemption folks will be working this weekend. They do not know if they will be doing redemptions or not …but they will be working and they are prepared.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Television saying the United States of America is totally supervising all financial transactions. Your US Treasury is supervising all financial transactions in Iraq and the US Treasury is aware of all the money and where it goes in Iraq…
FRANK: That is the beauty of your security and stability where it’s at right now. It is so powerful. In my strong opinion they are aware of the new exchange rate. If not, they would not be this heavily involved right now…
Don’t ever let go of your dinars. If a bank says to you, ‘well I need to authenticate your dinars, we need to send them to the main branch and have them look it over.’ You tell them what is the address of the main branch? I’ll take them. Don’t ever let go. Don’t lose sight of your dinar.
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Samson (KTFA)
Article:
“The Central Bank’s policies result in a decrease in annual inflation and the basis in 2024”
Article:
“Tomorrow.. End of the US ‘exemption’ for exporting Iranian gas to Iraq”
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Mountain Goat
Article:
“GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET”
…just this week…fantastic news is telling us they are winning the battle finally with breaking the parallel market…they are telling us they nearly broke the parallel market and…my contact told us [this] had to happen and if they could get the rate of the dollar of this parallel market down or very close to the “official” CBI rate, we would see the triggering of the “official” rate going even lower and for us this means more value to the Iraqi dinar. Yes, the in-country revaluation close to a buck we have been waiting for. This then would allow the kickoff to the Project to Delete the Zeros…my CBI contact…has told me all is going as planned and finally “real” success can be seen.
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MilitiaMan
Article:
“The evaluation of the central bank’s policy journey for 22 years”
They wanted to go do back from 2003 because inflation was so high, it exceeded 35%, now it’s 3% or 5%…Huge difference now. The stability Iraq has proven with their gold…foreign reserves …non-oil income…taxes and tariffs…electronic system…all of that is going to support the value of their new currency. Everything was based off just oil. It’s not going to be that way anymore. The real effective exchange rate is going to be based off real analysis in real time, international standards rules just like Iraq has done in the past, long long time ago.
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Clare (KTFA)
Article:
“Iraq increases its gold reserves by 10 tons”
Quote:
“The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons…to reach 162.7 tons after it was 152.7 tons during the past month, which represents 13.6% of its other remaining reserves.“
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Pimpy
Article:
“Central Bank: Gold reserves grow by 45.1%”
Yeah, that’s a huge number. Like I said before, what do they know that we don’t know? …This is one of the tools they use to protect the Iraqi dinar’s value.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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