Dinarland Highlights – 3.5.26
Bruce (The Big Call)
[via WiserNow]
…we still get some information from our contacts at Wells Fargo…usually through redemption center people, or sometimes bond pay masters, and we are hearing that we could get notified Thursday, another source said Thursday, Friday, and it could end up being exchanges starting Saturday. We are still in play. However, be realistic. It’s not…guaranteed that we will go this week…I hope we do… but I know that at this point we have to kind of see what’s happening with Iran…
…hopefully, and this is our prayer, is that their military realizes that they are ineffective and they…lay their arms down…It will go well for them …I’ve heard from some of our Iraqi sources that the Iranian military needs to lay their weapons down, and once that happens, the next day, we get notified for our exchanges...how long will the conflict last? It’s hard to say. I don’t think it’s going to be weeks, but it could be more days.
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MarkZ
[via PDK]
Comment: Rumor is the Iraq HCL is already signed.
MarkZ: I have heard HCL is one of the things they have been doing quietly behind the scenes. Preparing everything so that as soon as they seat a Prime Minister and President…they can stamp it and it is done.
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Frank26 (KTFA)
Question:
“What will a fair exchange rate be?”
The government of Iraq wants it to be at least on par with the dollar, 1 to 1. If you have a million dinars, you have a million dollars. But you have to realize this is an RI. It’s not an RV…This is a reinstatement. So it’s possible that they may reinstate the value, which is $3.22 and then you have the float which will take $3.22 higher.
What we do is we analyze the conditions of Iraq in respect to their desire to raise the value of their currency by changing their exchange rate. As we all know, we needed security and stability. Do we have it?
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Samson
Article:
“90% of the cash block outside the banking system”
Article:
“MINISTRY OF FINANCE: IRAQ’S REVENUES EXCEEDED 124 TRILLION DINARS DURING THE YEAR”
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Walkingstick (KTFA)
Question: to Iraqi bank friend Aki – “What is your reaction about what we have done to Iran?”
AKI: My boss and I were prepared for this. We received updates and reports and we knew you guys were going to attack them. We just didn’t know when. We agree that this campaign will not last long. We have been ready and are ready to go the moment they release the new rate.
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Sandy Ingram
Iraq has announced it is reducing production at major oil fields because the Straits of Hormuz is effectively closed. So yes, oil is headed to $100 a barrel, it was $80 a couple of days ago, but it does little good if Iraq is reducing oil production…
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MilitiaMan
Iraq is ready now for integration. The CBI’s actions show the sectors being prepared for the next level. They have a stronger capital base, better ability to finance trade projects. It had digital upgrades…seamless integration with Swift MX, ISO-2022 and future CBDC corridors. Compliance enforcement meets the gatekeepers (IMF, BIS, FATF -Financial Action Task Force) standards. This positions Iraq to handle large-scale capital flows…without systemic risks, meaning integration for the WTO, capital markets and their REER (real effective exchange rate) readiness. It all can proceed when prudent.
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Fnu Lnu
The middle east conflict with Iran, the US, and Israel is intense but at no point has it gotten out of hand. The Straight of Hormuz was threatened but never closed. More importantly, Lloyd’s of London, the insurer of oil shipments withdrew its willingness to insure oil shipments at the behest of the British Empire and its King. This would have shut down oil shipping completely except that President Donald Trump authorized the US International Development Finance Corporation (DFC) to pick up the slack thus thwarting Great Britain’s attempt to cause global oil shortages and high prices. Let their be no doubt, Lloyd’s of London is the King’s insurance company…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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