Dinarland Highlights – 2.12.26
Mountain Goat
Iraq still faces a deadlock from the Nov 2025 e------n cycle. It is said that Kurdistan has presented their candidate for president to Parliament for confirmation this week. Also it is said that the confirmation of the prime minister candidate will also be presented this week following the seating of the new president. It is all scheduled for this week. Constitutional deadlines are at stake.
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MarkZ
[via PDK]
Comment:
Iraq headline: ”State of Law threatens to dissolve parliament over stalled Presidential vote”
MarkZ: Yup. The move is now to consolidate and force because they have passed constitutional deadlines. They may force the issue and force the Kurdistan region and this will pretty much sign Sudani up for Prime Minister…imo…Things are moving.
They said Iraq would have a president today…but we don’t…the President comes first and then the Prime Minister. Constitutionally they should already have their president. They should already have their government. They keep making back room deals and putting things off. They are ignoring their own constitution and legal experts are starting to call them to the mat. It should force them to get things done.
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Frank26 (KTFA)
The theme I see with bank stories is, they know. The theme is no longer, it’s a scam. The theme is, we want to help you when this happens. That’s what I see. I call these bank stories, ‘golden nuggets’. Every now and then you can find a golden nugget.
Community comment: “The RV is coming“
There is no RV. If the dinar ever was going to go up in value it will be gradually over time based on the growth of the economy it could take several more months or years to see it begin to rise. But there is no RV. Iraq’s currency is not a lottery ticket!
Question:
“When all this happens what is the formula for the exchange? IYO is it rate multiplied by the amount of [dinar you have]?“
All you need to know is that they’re trying to get to 1 to 1 with the American dollar therefore if you have 1 Iraqi dinar you have 1 American dollar. If you have a million Iraqi dinars you have a million dollars…
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Sandy Ingram
This morning we all wake up and we wonder what the hell is Iraq doing? I’m here to say to you, Iraq is doing what they always do when things are not right for Iraq. They stall. They shut down. They do not move forward. It has been three months since the e------n and there is still no government.
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Fnu Lnu
Article Quote:
“Iraq’s Central Bank Governor Ali al-Alaq said there are no plans to change the dinar’s exchange rate, stressing that the bank’s foreign reserves remain strong and that recent market speculation is misplaced…”
There you have it folks…right from the CBI governor. If you prefer, you may choose to believe he is trying to trick you, pre-RV, but chances are, he is not. Iraqi bureaucrats don’t seem to have a sense of humor about much.
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MilitiaMan
The CBI’s ‘hush’ is intentional. Sensitive reforms advance quietly until the system is ready and the public gatekeepers are prepared. When they talk about sensitivity, if they’re talking about an exchange rate or a real effective exchange rate, that’s sensitive information and they’re not going to tell you when, how much and what day…The quiet continues to protect them…. This is controlled communication.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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