Dinarland Highlights – 1.11.26
MarkZ
[via PDK]
Comment: …my friend spoke to his Region’s Banker and it was said they are working from 6am to 10 pm until Jan 16th to get this RV done. Banker was VERY optimistic!
MarkZ: Wooo...Lots of people out there are getting more confirmations from their banks. Its not everyone…but it’s happening more and more. We just need to hang on. Things are happening…just not as fast as any of us want.
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Mountain Goat
Article:
“UN ASSESSMENT: IRAQ TODAY IS UNRECOGNIZABLE COMPARED TO YEARS AGO”
Quote:
“The UN coordinator in Iraq, Ghulam Ishaq Zai, gave an optimistic assessment of the situation in the country, stressing that Iraq has strengthened confidence in its institutions and is moving steadily towards stability, while noting that the country has become “remarkable and unrecognizable” compared to what it was years ago.“
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Samson (KTFA)
Article:
“COMMANDER-IN-CHIEF : WE HAVE FULFILLED THE REQUIREMENTS FOR ACHIEVING FULL SOVEREIGNTY”
Article:
“OFFICIAL DATA : IRAQ WILL HAVE THE LOWEST COST OF LIVING IN THE ARAB WORLD IN 2026”
Quote:
“The UAE topped the list of countries with the highest cost of living in the Arab world…At the bottom of the list, Iraq ranked among the least expensive Arab countries to live in, scoring 28.4 points, ahead of Algeria (28.0 points), Syria (25.0 points), and Egypt (21.6 points). Libya came in last with an index of 18.3 points…“
Article:
“SUDANESE ADVISOR : TAXES AND CUSTOMS DUTIES HAVE RAISED NON-OIL REVENUES TO 12%”
Article:
“IRAQ CONVERTS ASSOCIATED GAS INTO ELECTRICITY AND STOPS FLARING 71%”
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
OMAR: Alaq on TV…said 1300 should be viewable on the CBI website by this coming Monday. He said this is the official rate they’re going to go with. He then talked more about how we the CBI are in control and we are a sovereign country and we are in control of our own rights…
FRANK: These Iranian politicians in your country are telling Maliki to continue to threaten Alaq and to keep the exchange rate low? …The fact that Mark Savaya is right there next to him in Iraq causes me to tell you, watch what happens in the coming day…He knows what Donald Trump wants you to do.
OMAR: There’s a lot of talk in the streets that the pressure in Iran is so high that those crooks there are going to be led into Iraq for refuge. They’re saying Iran is about to fall. We fear those people are going to pour into our country and the crooked politicians there are seeking help from Iraq.
FRANK: Did you see what Trump did to Venezuela?
When the smoke clears we’ll have what we want because Mark Savaya is there…
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Jeff
They said the 2026 budget would be calculated off of currency valued at 1310 per US dollar…Thursday’s comments are misleading garbage…The rate right now on the central banks’ website live…is still at 1310. They are misleading you guys. There isn’t a ’26 budget coming forward at 1300. It’s not happening…Based on Iraq’s actions they have to change the rate. They absolutely have to change the rate based on their actions alone…You can’t trust everything out of Iraq. Sometimes you have to dive in deeper…
Iraq is now sovereign. They’re going international. The number one thing they’re waiting on to finish this final step of going international/getting the rate changed is for them to have the final level of stability required by the central bank. That is called a formed, completed government…Iraq is positioned to go international…After the government is formed, that rate change has to be the next step. It has to be the next domino to fall.
Everything outstanding, everything is waiting for the rate to change…The oil and gas law is not even coming forward. All of Iraq’s major pending steps now going forward are waiting and requiring the rate to change. It’s that simple.
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Omar
The citizens are protesting all over. We are extremely upset about the fact that they have new tariffs and customs and they are making the price of medicine and certain cars go up and our money has not risen…People are complaining rich get richer as usual…but us citizens we suffer. There is starting to be some uprising already.
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MilitiaMan
They’re going to have a real effective exchange rate based off fundamentals, not off a so-called program rate. I think it’s been a quiet delivery and they’re going to take a leap at some point in time. It can be at an instant. I think the data we have supports that.
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Sandy Ingram
Article:
“Iraq’s investment Revolution: Over $100 billion poured into the country in just three years”
Why is this breaking news? As IQD investors we understand foreign investment is one of the keys to the Iraqi dinar currency adjustments. The more people seeking profits in the IQD, the higher the value of the currency can adjust…Dozens of major investment licenses have been approved from power generation and smart grids to residential mega project in airport development. Capital is now reshaping Iraq’s economic landscape.
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Fnu Lnu
UN Report:
“The United Nations Country Team in Iraq, comprising 26 UN agencies, funds and programs, will continue to support Iraq”
…No less than 26 UN agencies continue to occupy Iraq. The UNAMI group exiting Iraq means nothing. It doesn’t support the assertion that the action implies the RV is at hand…It shows how much work needs to be accomplished before Iraq is able to revalue and redenominate their currency… The UN is in Iraq to stay. Personally, I do not see this as positive…If anything, the UN will hold Iraq back as long as it can get away with it. I say this after 50 years of watching the UN destroy economies as they attempted to do in the USA.
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Clare (KTFA)
Article:
“Iraq ranks 29th globally and third in the Arab world among the banks with the best reserves”
Quote:
“Iraq ranked 29th globally out of 50 countries, and third in the Arab world…in terms of the largest reserves of foreign currency and gold, with a total of $100.691 billion… China topped the list with reserves of $3.456 trillion…Japan…$1.231 trillion… United States in third place with $910.037 billion, Switzerland…$909.366 billion… India…$643.043 billion…Russia in sixth place with $597.217 billion…In the Arab world, Saudi Arabia ranked first with reserves of $463.870 billion… UAE… $237.931 billion, then Iraq in third place, Libya in fourth place with $92.894 billion…Kuwait in seventh place with $50.728 billion, while Egypt ranked eighth with $44.921 billion.”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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