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Dinarland Highlights – 7.13.26
Ariel
Are you all even reading what is coming out of Iraq regarding this upcoming Washington meeting? Do you not see how they are framing this as reaching the end of a long bridge from where they started with monetary reforms from what they are about to accomplish as the tipping point once it concludes? Especially since ASYCUDA is now activated. Monday and throughout that entire week trade agreements will be made that will allow Iraq to finish not only their cabinet but reforms.
Quote:
“A series of major agreements will be signed in the fields of energy and the economy…. and the rest goes without saying…. and I return to say… before the visit will not resemble what comes after it.”
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Mountain Goat
Article:
“THE US TREASURY IS TRACKING $300 BILLION OUTSIDE THE IRAQI BANKING SYSTEM.”
…nearly 70-80% of all the currency…is horded, stashed or stored outside of the banks... The US Treasury is now helping to track down this money and where it is… Remember that the hard currency that we hold is included in this amount of 80%. They will have to come get it from us too. There is no way of getting around this if they truly want to resolve this issue.
Article quote:
“Some resort to converting dinars into foreign currencies, most notably the dollar, which puts undue pressure on demand and leads to higher exchange rates in the parallel market.”
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Jon Dowling
“Iraq’s Biggest Update yet, July 13th Trip to Trigger the Reset”
Iraq is stepping onto the international stage with renewed vigor, signaling a proactive approach to both its foreign relations and domestic economic landscape. Recent developments highlight a strategic push to solidify its position globally while simultaneously tackling internal challenges through ambitious reform efforts. A key indicator of Iraq’s renewed international focus is the expedited visit of Prime Minister Al Zaidi to Washington D.C…set for July 13th...Iraq’s proactive engagement on both the international diplomatic front and its ambitious domestic economic reform agenda marks a pivotal moment for the nation. With significant recoveries from c********n and forward-looking discussions on financial modernization, Iraq is charting a course towards greater stability and influence.
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Stephen
We probably have one of the most exciting weeks coming up ever since I’ve been involved in this investment…Zaidi, the Iraqi prime minister is heading to Washington DC with his entire delegation, including the central bank governor. The entire purpose of this trip is really for economic support…This upcoming week we are going to find out a lot of exciting news. Stay grounded. We don’t know what we don’t know. There’s a lot happening behind the scenes that I’m sure will be released to the public soon…
Structural progress – reduced dollar preference by citizens + official expectations of a stronger parallel rate + high level US engagement + CBI reform rollout – these are converging indicators that the long discussed dinar revaluation is entering an active implementation phase…Further appreciation, potentially much larger in official terms, is imminent. That’s what we’ve all been waiting for.
We are drawing very close to the end of this…Start preparing for when it happens because this is going to be a very emotional event for a lot of people. Most people are just going to be happy to go to the bank. They’re not going to do any prior research. They’re going to drive to their closest bank and the bank is going to say, this is what we’re offering. This is the fee. This is the spread. And people are not even going to care. They’re just going to take it. That is where a lot of mistakes are going to be made…
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Reset Intelligence
Iraq’s prime minister just flew to Washington…His central bank governor is on the plane. So are his finance minister and his oil minister. You do not fly the people who run a country’s money to a meeting that is only about oil. The prize… – getting Iraq’s money treated as clean enough to let back into the financial system after years held at arm’s length.
The dinar trades at 1,300 to the dollar for one reason… That number is frozen in the 2023 budget law, and it moves only when a seated cabinet passes a new budget with a new number for the central bank to announce. Clean the government, seat the cabinet, pass the budget, and the rate can finally answer to the wealth underneath it.
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Frank26 (KTFA)
We all know Iraq is going through a financial currency reform but more so we know Iraq is becoming a financial currency hub and they’re being prepared to be just that in the Middle East. It’s very exciting because we’re witnessing it. We can see it.
Question:
“Do you see it going more than 1 to 1?”
Frank: Yeah. 1 to 1 is a good starting point…But because of supply and demand…because of everything that we are seeing, everybody’s on pins and needles just waiting to explode with the Iraqi dinar…it probably could be released at 1 to $1.10 – $1.15 – $1.20…
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Samson
Article:
“PRIME MINISTER : WE CARRY TO WASHINGTON A MESSAGE OF CONFIDENCE THAT IRAQ IS A SOVEREIGN STATE STRIVING FOR DEVELOPMENT”
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MarkZ
[via PDK]
Zaidi, the Prime Minister of Iraq and his team heads to the US…they have already landed here…
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Clare (KTFA)
Article:
“Al-Zaidi Heads to US to Transition Ties into Long-Term Economic Partnership”
Quote:
“Iraqi Prime Minister Ali Faeh al-Zaidi will lead a high-level delegation to the United States on Monday to sign key memorandums of understanding in the oil and gas sectors. Al-Zaidi will be accompanied by several cabinet ministers, the Central Bank Governor, and private investors from the energy and banking sectors…unlike previous visits, its primary theme is the economy,“
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Jeff
They’re saving the most important piece for last. Completing the cabinet after his return from Washington because that’s the lynch pin. That’s what takes Iraq to the next stage, next phase…Iraq is on the threshold of getting back on the world stage, …being open for business to the world…You’re very close to the point of the rate change...
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Walkingstick (KTFA)
[Iraqi bank friend Aki update]
AKI: It’ll be a gradual increase but a flip of a switch can also occur at any moment due to the laws that encompass reform. The flip of a switch would show whatever rate he’s saying automatically. But we also know the flip of the switch was already started on the 10th…and you can see the movements of the currency…The rate can come out today or tomorrow because it is all based on supply and demand…Until then there will continue to be numerous pips that are happening. But the rate that is slowly going up could reach the level we want overnight by supply and demand.
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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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