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Dinarland Highlights – 9.24.25
Mountain Goat
Article:
“E-PAYMENTS SHIFT MARKS NEW ERA, IRAQI PM ADVISER SAYS”
Quote:
“Shafaq News – Baghdad. Iraq will phase out cash payments in all government institutions and public facilities by July 2026…”
…We at least now have a window of certainty, a “back wall” that they CBI itself has told us. It is July 2026. I…talked to my contact in the CBI about this announcement and its significance. I am being told that they would like to have already completed much of the collection process of billions of these three zero notes by July 2026 from us investors… Of course, this could only happen when the rate of the dinar rises significantly AND is relisted on FOREX. This would give Iraq a five to six month window to collect them. If we back track that put us in January for a reinstatement.
I say January for many reasons. First it is what I was told about a month ago to look for in that month of a reinstatement, but only if Iraq completes their mandated key issues on time… Next, I was told to watch for the beginning of the redenomination process of the dinar and finally the full accession announcement of Iraq to the World Trade Organization (WTO). These would be signs to us we are heading directly into the storm for January. Yes, a storm of wealth…WOW! Of course, my contact would not commit to a firm January date but the prospects of this coming January are looking mighty good and multiple events are lining up along with it.
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MarkZ
[via PDK]
Article:
“Banks are expanding and the numbers are jumping 1400%. 5.6 million cards depicting Iraq’s financial revolution”
These are things they said that had to be done to support lifting the purchasing power of the dinar.
Article:
“Kurdistan Natural Resources: We have fulfilled our oil commitments and are awaiting Baghdad’s signatures”
They need that final signature so they can start exporting oil. I believe they have now signed off and most of the HCL has been signed off… I was told shortly after the entire HCL is passed – we would go…
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Clare (KTFA)
Article:
“Deleting three zeros from the dinar: Citizens’ concerns and experts’ warnings”
Quote:
“Talk of the possibility of removing three zeros from the Iraqi currency has raised concerns among a wide segment of citizens and economists alike, amid questions about the national economy’s readiness and families’ ability to withstand the shock of a currency change, given insufficient salaries and unfulfilled reform requirements.”
Article:
“The Federal Council of Ministers votes on the tripartite agreement with Kurdistan and oil companies and approves the disbursement of salaries”
Quote:
“The Iraqi Council of Ministers, headed by Mohammed Shia al-Sudani, held a meeting on Tuesday and voted by a majority of those present to ratify the tripartite agreement between the Kurdistan Region, the federal government, and the region’s oil extraction companies, a Kurdistan 24 correspondent in Baghdad reported.“
Article quote:
“The Federation of Chambers of Commerce announced on Tuesday that Iraqi-Australian talks are underway to support Iraq’s efforts to join the World Trade Organization...these relations will contribute to supporting Iraq’s efforts to join the World Trade Organization.”
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Frank26 (KTFA)
Article:
“Deleting three zeros from the dinar: Citizens’ concerns and experts’ warnings”
They tell you because it is done…That first sentence right there, flat-out lies. There are no concerns with the citizens about raising the value of their currency. They demand it…Why would they say such a thing? To educate. This is Asraflak with gold trimming…This article is educating the citizens that look, you’re about to get your purchasing power…Get your a*s ready because we’re about to give it to you and those of you who don’t want to cooperate with this, it’s going to go bad for you…
Question:
“Once the three zeros are dropped will their currency be at $1.14?”
It would be at a dollar but there’s talk it may come out at the float just a little over a dollar because they’re not going to be pegged to the American dollar.
Remember I said unfortunately for 4 years we had Biden in the White House and he just was not mentally capable of being our president…We may ask the question, why didn’t we have the new exchange rate in those 4 years? It’s because of who was sitting in the White House…We need the reinstatement. Iraq needs the reinstatement but what we needed was a president.
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MilitiaMan
Interconnectivity…I believe it’s going to be digitally done and I think it’s going to be done with new technologies. I also think it’s going to be done with a new exchange rate…fundamentally supported by a real effective exchange rate that’s based off real fundamentals of the country.
The exchange regulation…there’s a lot of process involved in making sure there’s no ghost employees, there’s no c********n, there’s not fraud, all of that stuff…We’re at the stage where I believe completing all those procedures…In other words, they’re gearing up for an event.
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Sandy Ingram
We know they overprinted the new currency you are holding right now. If you’re holding the currency with Saddam’s face on it, it still may be worth a little but only as a collector’s item… The currency they are using in the country today in Iraq…we’re all hoping the currency will adjust to a higher rate. Many others are saying it will be $1, $2 or $3 to 1 dinar…We have continually said…it probably will be 10, 20, 25, maybe 50 cents…But that doesn’t mean that once it kicks off that it won’t rise even higher because of global investors.
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Pimpy
I’m crossing my fingers for it to happen the way we all hope it happens and they leave the zeros on there and we walk away with a pretty good payday. Either way I make money if they delete the zeros or don’t. I’m in the same boat as you guys trying to get to the same destination…
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Walkingstick (KTFA)
Capitalization is what Iraq is seeking. It’s going down against the dollar. That is the goal in order to add purchasing power to the Iraqi dinar. Remember when the time comes for a new exchange rate it’s a simple flip of the switch because it is now digital.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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