Dinarland Highlights – 3.22.26
Mountain Goat
Seems there is now going to finally be a priority to address and pass the Oil and Gas Law…The upcoming government program should include the enactment of an oil and gas law within a specified period, and it should be presented to the House of Representatives for voting. So, I want to start by saying a partial WOW! This item is long overdue and actually is resolved already except for the agreements to be put into the form of a law by the prime minister’s cabinet and then passed by parliament into law and then put into the gazette.
This is required by the new Iraqi Constitution of 2005 and is long overdue…The beauty of where this Oil and Gas Law now stands is that Kurdistan is basically abiding by it already, it now only needs to be formalized into law. They are now telling us this will be on the docket for upcoming sessions soon when regular sessions continue.
=======================================
MarkZ
[via PDK]
Article:
“Oil Agreement between Baghdad and Erbil: A positive step”
They are so excited….This needs to be done for HCL…and it appears to be done over the last 36 hrs. Now we need the Iran conflict to end quickly so we can see the value change on the dinar.
=======================================
Jeff
The government could form very quickly after the war and voting on a president…This is just a gut feeling…more of an opinion, doesn’t mean I’m right, but I have a feeling they have the formation of the government more strategically planned than they’re telling us because they’ve said about extending Sudani’s term countless times…Those are the things you need to look for to see how this is playing out…
Iraq’s money has sanctions on it which makes it useless outside the country of Iraq. That means the Central Bank of Iraq does not care about any dinar outside of Iraq.
=======================================
MilitiaMan
Iraq’s current phase mirrors the Turkmenistan transition in 2009…I studied it very thoroughly, paid attention to it and I knew Iraq’s model was mirroring it. It’s not exact because we have new technologies…but the psychological aspect of it is for the people. They need to have the people on board to do reforms and they do…Al-Sudani has trust… Turkmenistan first reduced cash circulation, enforced official rates and built reserves. It then removed 3 zeros from its currency…followed by a managed float…Iraq has followed a similar sequence. 3 years of stacking reserves…non-oil revenues increased, inflation significantly low and note reduction through electronic payments…
The delete the three zeros project is a technical cleanup and a managed REER…Managed REER is the logical next step to reflect actual economic strength…So what comes next? If all of this holds true, and the data strongly suggests it does, the logical next step is a managed REER adjustment when the CBI deems it is prudent. A clean political slate would help create the most stable environment for that move. But the CBI independence means the monetary decision can proceed on its own timeline once internal fundamentals and regional calm are in place…The next phase is the one we’ve been watching for for many years…I think the quiet way they’ve done this is winning…
Advertisement
______________________________________________________
=======================================
Frank26 (KTFA)
This whole thing started with us trying to find security and stability for the monetary reform of Iraq. From who? Iran. The problem is Iran infected Iraq over the decades. It got to the point where they thought they were in control of Iraq, their government, their banks, their currency, their citizens, everything. No, that’s not how it works. Every country is sovereign…We need to stop them…
=======================================
Samson
Article:
“Initial discussions within the T******************n to begin ‘peace talks’ with Iran”
=======================================
Paulette
As the Iranian regime completely falls and the transition is put in place (perhaps Pahlavi), the faster the people of Iran returns to economic prosperity the more stable the country will be. The likelihood of a return of a tyrannical regime is minimized. The RD/RV—-> RI will help with a quick return to economic prosperity of Iran also. Iran is Iraq’s largest trading partner and I would think many in Iran have some IQD.
=======================================
Advertisement
______________________________________________________
Sandy Ingram
The State Bank of Vietnam does not allow the dong to float freely. Instead the State Bank of Vietnam manages the rate against the dollar to keep exports competitive and avoid large shocks…
—
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
