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Dinarland Highlights – 8.27.26
Bruce (The Big Call)
[via WiserNow]
So we’ve got a timing that is saying this week…we’re hearing end of the week that we would get notified, and then we would start exchanges the next day…You know we’re close… we’re very close to that happening right now.
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Judy Byington
Redemption Centers were on standby, with the new IQD, VND and Zim rates fast coming into alignment…Tier4b (Us, the Internet Group) should be notified for currency exchange appointments by the end of this week and start appointments the next day.
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Mountain Goat
In today’s news…we have two members of Al-Zaidi’s cabinet the communications director and now a member of the Finance Committee (which is ‘BIG’) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing a new paper currency.
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Stephen
The CBI finally addressed all the commotion we have been seeing in regards to the deletion of the three zeros. CBI Statement “Reports that the bank has already printed quantities of new zero deleted currency for circulation does not rely on an official source and explicitly denies that it has printed a new Iraqi currency with the zeros deleted.” They are denying all the reports. They’re saying no currency has been printed…I fully expected the CBI to deny this…I believe this is already completed and everything we are seeing in the news is informing Iraqi citizens of what is getting ready to take place…All of this is happening very very quickly.
The CBI is lying to us…You have a parliamentary finance committee member saying the new Iraqi currency has already been prepared. When you back that up against what the CBI said earlier today, ‘No, we haven’t made a decision, everything you’re hearing is not true.’ These are two completely contradictory articles…Someone is lying. This reminds me of exactly what happened in Kuwait in 1991. There were deliberate misinformation campaigns. What Kuwait did versus what they said were complete opposite. We are seeing the exact same thing happening here within Iraq.
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Reset Intelligence
The Central Bank of Iraq published two documents on Wednesday. One went to the public: a formal statement… denying that any new currency has been printed. Its companion went to every licensed bank and financial institution in Iraq…It instructs every counter in the country on how to treat the money of politically exposed persons. That means officials, their families out to the second degree, and the associates whose wealth a government salary cannot explain. One release manages what you believe. The other changes what a bank teller in Baghdad is required to do…Underneath it all sits…102 trillion dinars held beyond the reach of any bank, which all of this is built to bring in.
You’ll never be told a date. Kuwait did not announce its 1991 exchange in advance and Iraq did not announce its own in 2003…The public gets denials right up until the morning it gets the window. So, we do not read the denials for truth, we read the paperwork underneath them for readiness. This week the readiness was published by the bank itself.
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Jeff
Your receipts and certificates of authenticity are for your taxes, not for banks. Banks do not give a c**p about your receipts when you go to exchange. For example, if you went to Europe and came back with euros, are you going to have to show certificates of authenticity and receipts to exchange? No. The bank doesn’t give a hoot about that. The bank doesn’t administer your taxes for you.
The completed formed stable government is the lynch pin to the rate change. Iraq keeps telling you that through articles…
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Frank26 (KTFA)
The CBI, they’re not lying. But they’re not telling you the full truth…The CBI is saying they don’t have to print any lower notes. They’re telling you the truth. They don’t have to. They already did…They didn’t tell you everything…
I want the lower denominations. I could care less about the date. When you give me the lower notes, you’re giving me the date.
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Clare (KTFA)
THE [CBI Lower Denomination and Drop the Zeros] DENIAL MAKES ME LAUGH! THE CBI WANTS TO MAKE THE ANNOUNCEMENT THEMSELVES. BUT IT WILL BE SIMULTANEOUSLY TO THE ACTUAL EVENT IMO ONLY
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Guy
They’re not going to announce that they’re going to make an announcement, they’re just going to announce it. Because if they say on Monday that tomorrow we’re going to revalue or reinstate our currency, then there’s going to be a rush to buy what’s available. They would have to shut down all of the exchanges in the world from selling more dinars. That’s a gargantuan task. I wouldn’t want to try to coordinate that...It’s much better just to make the announcement, just to hit everyone by surprise.
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MilitiaMan
Redenomination and a REER style adjustment are related but they are not the same tool. Deleting the zeros is an administrative unit change. However, a REER adjustment is a deliberate managed change in the dinar’s external value. The systems already completed supports both…These two files are now visibly interacting in real time…
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Sandy Ingram
Iraq has postponed disarming militant groups. Iraq is indicating it wants to wait until the Americans leave…The Financial Times reported the Trump administration warned Iraqi political leaders Washington would cut off dollar shipments connected with Iraq’s oil revenues unless Baghdad dealt with Iran-backed militants...US Treasury Secretary Scott Bessent announced…countries that continue economic relations with Tehran could…lose access to the dollar-based financial system...
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Thom
Question:
“Does the exchange have to be digital”
Thom: Those of us in the US will exchange our Physical IQD for digital USD. Good luck getting more than a couple grand in cash from the bank, especially when we all go the same month.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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https://www.dinarguru.com
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