Dinarland Highlights – 1.9.26
Mountain Goat
Article Quote:
“18 crucial issues” that Savaya said would be among the priorities of his mission in Iraq during the new year,”
Savaya just needs to convince the Iraqi government of these things he wants to accomplish in 2026. Do we investors in the dinar have to wait for the RV to get all of these items fixed? Of course not…some items that we know must be accomplished and are already known issues they have been working on for years already.
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Bruce (The Big Call)
…If I had dinar there’s no way in this world I would go to the bank – because the dinar has a contract rate at the redemption center ONLY – and it’s terrific – …it’s very high – President Trump set that up in his first term with the Prime Minister and the central bank of Iraq, and it’s a stellar rate, excellent rate…the rate on the Dong is not a contract rate. It is on the dinar, but not on the Dong but dong rate that we’ve heard in the last few days is is quite good, quite high, and everybody will be pleased with it…
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Frank26 (KTFA)
The CBI announced they increased the value of the Iraqi dinar from 1320 to 1300, big deal. It’s not impressive…They’re trying their best to tell you some things…They need to get to 1000. Then it would be easy to make it 1 to 1…We need purchasing power of at least 1 to 1…It’s not a rate change. It’s an official announcement of their exchange rate…
There are a lot of things that depend on a new exchange rate especially the concept of going international that’s going to get the real effective exchange rate. What’s going to get you to the Real Effective Exchange Rate? Supply and demand outside [Iraq] borders…
Question:
“How closely do you think the VND will follow the IQD?”
I don’t know but I’ll say this, I think the Vietnamese dong is primed and ready.
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Jeff
News talking about the central bank said the calculation of the budget will be at 1300 per US dollar is B.S.
Question:
“What are we waiting on?”
IMO we’re waiting on the government to be formed. The the central bank that could be perceived as a level of stability…The central bank has always said security and political stability are the two critical core components of allowing them to consider reinstating the value of the currency…The formation of the government can go very fast…
They do [rate changes] over what is their Sunday morning when all world markets are closed so they don’t have a ripple effect with a rate change of that magnitude [3,000% to 4,000% increase] …That’s why they do it that way.
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Clare (KTFA)
Article:
“An economic report reveals the reasons behind the Central Bank’s refusal to devalue the dinar”
Quote:
“Foreign investors, when converting their profits into their national currencies, will find that their profits decrease as a result of the host country’s exchange rate falling against the dollar, which limits the attraction of new investments. This situation may also weaken confidence in the country’s economy and negatively affect the process of attracting foreign investments.”
Article:
“Harris: America will take immediate action to dismantle pro-Iranian t*******t militias”
Quote:
“The acting head of the US mission in Iraq, Joshua Harris, confirmed on Friday that Washington is moving towards taking immediate action to dismantle what he described as Iranian-backed t*******t militias, stressing that the inclusion of “militias” in the new government is contrary to Iraqi-American relations.“
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Sandy Ingram
The current administration has voted to eliminate militants out of Iraq in 2026. I do believe this is a promise that they have made to Israel in order to keep Israel from, as the kids say, jumping on Iraq.
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Samson
Article:
“SOON …. A NEW BATCH OF (DREAMLINER) AND (MAX) AIRCRAFT WILL ARRIVE”
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MarkZ
[via PDK]
From Iraq: “Why does the CBI refuse to revalue the dinar in order to balance their budget?”
Some of the chatter this morning is saying they are looking to go up in value.
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Fnu Lnu
The CBI said about the Iraqi Dinar in 2025, “The bank confirmed there is no intention whatsoever to amend the exchange rate of the Iraqi dinar.”
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Walkingstick (KTFA)
There will be a rate change to the Iraqi dinar because Donald Trump told Iraq stop depending on the American dollar get your own purchasing power.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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