Dinarland Highlights – 2.4.26
MarkZ
[via PDK]
In Iraq:
“48 Hours to decide Presidential E******n”
There is a mad scramble going on inside Iraq. I was told leaders are desperate to talk with the US and avoid sanctions. What I am being told is they feel like they are in between a rock and a hard place. They feel like with Makiki…if they don’t go with him they are bowing to the US…but If they do go with him…they are bowing to Iran.
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Mountain Goat
Iraq still waits for a breakthrough in the e******n cycle. Meanwhile the Central Bank is still moving ahead with its banking reforms…we know that the Central Bank is ready to move ahead with the currency reform project and make tangible evidence to us. They are ready right now! Yes, the Project to Delete the Zeros still sits in the wings waiting the e******n to show positive results. Certainly, if Iraq insists on Nori al-Maliki…this process may take some more time. If he backs down and al-Sudani is nominated we could see the rest of the process fly ahead very quickly.
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Clare (KTFA)
Article:
“Bloomberg: Washington threatens to withhold Iraqi oil revenues because of Maliki US officials met with the governor of the Central Bank of Iraq in Türkiye last week”
Quote:
“Sources told Bloomberg that Washington informed Iraqi officials in recent days that it might reduce Iraq’s access to oil export revenues if Nouri al-Maliki is appointed prime minister, given the US view of him as being close to Iran…the United States issued a new warning during a meeting held last week in Türkiye between the Governor of the Central Bank of Iraq, Ali Al-Alaq, and senior American officials.”
Article:
“Al-Hurra website, citing sources: US officials informed Maliki that his nomination was ‘categorically’ rejected and that proceeding with it would have consequences”
Quote:
“The US-based Al-Hurra website quoted sources from the coordination framework as saying that the failure to elect a president…was due to the dispute over the nomination of…Nouri al-Maliki…She added that Maliki…tried to open channels of communication with American officials to find out if Trump’s veto was negotiable, but the response was decisive…proceeding with his nomination will have repercussions…”
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: The Central Bank of Iraq is rolling out new guidelines aimed at stabilizing the dinar exchange rate. They’re tightening up the rules around the currency auctions and putting some additional checks to ensure the official exchange rate and the street rate stay close together. They’re trying to keep things a little bit more balanced and predictable on the currency front.
FRANK: Yeah, you have to do that just before you change the rate. You need a stable platform in order to introduce a new rate.
Your team [during exchange] -You have your family…lawyer…financial advisor…bookkeeper… accountant…IRS agent…Pastor…to guide you…
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MilitiaMan
Aside for the political noise they’re still doing what they’re doing…follow the money. Follow the largest financial institutions in the world. That’s where you should be…
The CBI can adjust when ready. They’re independent since their law from 2004. The gatekeepers, IMF, BIS, US, want data driven moves…They don’t want shocks. Digital technology like programmable dinar…allows for fast and furious market emotion to build demand positively upon adjustment.
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Jeff
Nothing in Iraq is moving forward until the government is formed and the rate is changed. The rate has to change before things will move forward.
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Fnu Lnu
Article:
“The CBI has officially reduced the currency count in Iraq by 5% in an effort to curb inflation and increase the value of the remaining currency”
More than likely, this is how and why the PM has reportedly stated that the value of the currency, currently at 1320, will not remain…All roads DO NOT lead to the RV…There are many ways to add value / purchasing power to the Dinar besides a hard RV. It’s a good idea to keep that in mind while you ride the roll-a-coaster.
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Sandy Ingram
As I was traveling [To Northern Africa] I thought to myself, what if Iraq charges its [Development Road Project] clients in US dollars? And my heart dropped…Can they do that? Will they do that? I don’t know. I’ve got to…find out if that’s even feasible. They sell oil in US dollars, why would they not possibly at least research the idea of selling the transportation hub services in US dollars…? It doesn’t do anything for their currency the Iraqi dinar but the Iraqi dinar would need to come up. It would need to move over at least two decimal points…We need the IQD to move over several decimal points in order to realize some sort of profit.
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Samson (KTFA)
Article:
“IRAQ ACHIEVES SELF-SUFFICIENCY IN 48 AGRICULTURAL CROPS AND EXPORTS THE SURPLUS”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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