Dinarland Highlights – 1.7.26
Mountain Goat
…along the way, at some time they will have to pull the trigger on the reinstatement project and get it done for any real revitalization of the financial sector to be successful … they…actually came out in recent months and outlined the entire plan for us all to see. It states first the removal of the zeros which leads to a revaluation and then a new peg and reinstatement. Enough said….
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MarkZ
Question: Syria has taken away 2 zeros. Is it possible Iraq will do that?
MarkZ: Iraq says they will first lift the purchasing power and then delete the zeros…a very different approach.
I am being told right now that the “Indian Groups” are being funded. The rumor is we are next and that’s when they release everything. I got this piece of news in the wee hours last night.
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Samson (KTFA)
Article:
“SUDANI : ENDING UNAMI’S WORK MEANS FULL INTERNATIONAL RECOGNITION OF IRAQ’S ABILITY TO MANAGE ITS OWN AFFAIRS”
Article:
“A MESSAGE TO YEMEN, DUBAI, AND WASHINGTON: RAFIDAIN ONE IS A FINAL ATTEMPT TO CUT OFF THE ARMS OF ‘POLITICAL MONEY’ AND WHITEWASH INTERNATIONAL REPUTATION”
Article:
“BANK OF SYRIA : CURRENCY REPLACEMENT DOES NOT MEAN A DEVALUATION”
Article:
“IRAQ IS NINTH GLOBALLY ON THE LIST OF COUNTRIES RICHEST IN NATURAL RESOURCES“
Quote:
“Iraq came in ninth place globally, with natural resources valued at approximately 16 trillion US dollars, reflecting the enormous wealth it possesses in oil, gas and minerals, and its ability to form a major economic lever…Venezuela US$14 trillion”
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Frank26 (KTFA)
The Monetary reform seems to have a constipation clog. That constipation is Alaq…Alaq has not released the new exchange rate…Alaq is in charge of the monetary reform but he’s not doing anything. Granted he did everything to get us to this point but he’s not releasing the new exchange rate. Why? Because that would trigger everything off. You know who he’s loyal too…Maliki. You think Maliki wants Iraq to have purchasing power to its currency? Of course not. Because if that happens they have no way to steal the lower notes.
Why is the dinar rate fluctuating? It’s because it’s being done on purpose…Why is it they’re telling the Iraqi citizens the exchange rate is under pressure? …The GOI wants it to come out.
This is a speculative investment. As much as I and you want the date, as much as the both of us want this to get over with, we don’t know when. We don’t know how much…’Well, what happened to the 31st? What happened to the 1st Frank? It didn’t come true.’ That’s right. You don’t shoot the messenger. You just huddle up again and you move forward.
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Clare (KTFA)
Article:
” ‘Trump Street’ in the heart of Tehran: A video sparks widespread controversy amid escalating protests”
Quote:
“A video widely circulated on social media, showing a protesting citizen sticking a sticker bearing the name of US President Donald Trump on a street sign in the Iranian capital, Tehran, has sparked a wave of reactions and controversy…The video shows a person covering the original street name with a new sticker bearing the words ‘Trump Street,’ a move that some observers considered an expression of rejection of the Iranian authorities...”
Article:
“The Central Bank identifies the main reasons for the rise in the dollar exchange rate”
Quote:
“The Central Bank of Iraq confirmed on Wednesday that there has been no change in the exchange rate of the dollar against the dinar, stressing that the official rate remains stable at 1320 dinars per dollar.“
Article:
“Central Bank: The dollar is stable at 1320 dinars, and the rise in the parallel market is due to demand outside banks.“
Quote:
“Central Bank of Iraq, confirmed that there has been no change in the exchange rate of the dollar against the dinar, and it remains fixed at 1320 dinars per dollar, explaining that what is being circulated as an exchange rate is only the demand of the unofficial market for dollars outside the system of banks licensed to work in foreign transfers through correspondent banks.”
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Jeff
Obviously the rate change is waiting for the government to be formed and they can move forward…I’m looking for how fast are they going to do the presidential session of parliament, how fast are they going do the prime minister. I’m looking for them to reselect Sudani. Then I’m looking for him to reselect his cabinet…[Both] gets the formation of the government done extremely quick.
What originally devalued the currency and brought it down? It was US/UN sanctions that brought it down. At the time in 2003 when it was devalued it was the highest currency valued in the world at $3.22...Now let’s do the reciprocal of that. What happens if you take the sanctions off that brought it down? Theoretically it would reinstate back to the original 2003 value of $3.22. It reinstates…When you take the sanctions off after 22 years, it reinstates it back to where it was of $3.22…Historically Iraq’s currency has always been slightly higher currency value that Kuwait’s. Today Kuwait’s currency is $3.25.
Many people believe this is a global currency reset. I’m not one of those. That’s not my take on this…
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Sandy Ingram
Venezuela has deep ties with China, Russia and Iran…As long as they were holding hands with China and Russia the Western Hemisphere didn’t get too excited. But when they started holding hands with Iran…the currency administration said, Uh-no, no, no, no, NO! …These relationships give non-western powers a foothold in the Western Hemisphere traditionally influenced by the US. The US was not having it. Venezuela holding hands with Iran was totally out of the question …The US said, ‘Ok, you crossed the line. That’s it. We’re coming to get your a*s and we’re going to bring you back to the US to stand trial.’ …Venezuela is a country the world cannot afford to lose, just like Iraq…
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Fnu Lnu
The reforms are ongoing and planned out to 2027. The reforms are nowhere near complete…There will be no RV any time soon per the CBI’s own reports. Plus, ISO-20022 is not implemented fully and will take additional time. ISO-20022 is the only currency policy that has bearing on the project and focuses on messaging and digital mapping. That hasn’t even begun…We are looking at 2027 at the earliest.
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MilitiaMan
Global financial integration has been on Iraq’s path. Even with the politics side, they’re still talking about banking…and restructuring…You got to realize the fiscal policy and the monetary policy are two separate issues.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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