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Dinarland Highlights – 9.11.26
Bruce (The Big Call)
[via WiserNow]
...the notes that we have are what they call the three zero notes…meaning 25,000, 10,000, 5,000, 1,000… those…notes with the three zeros removed would be worth 25 dinar, 10 dinar, 5 dinar, 1 dinar…in country...this does not affect the notes that we have. The notes that we have, the three zero dinar notes…25,000, 10,000, 5000, 1000… those will have full value for us because President Trump… negotiated a contract rate…which is extremely high…with Dr. Shabibi, who was at the time the head of the Central Bank of Iraq ….and it’s still there.
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Mountain Goat
Article:
“PARLIAMENTARY FINANCE COMMITTEE: THERE IS AN INTENTION TO ISSUE BANKNOTES IN DENOMINATIONS SMALLER THAN 250 DINARS”
This fourth confirmation comes from…another a member of the parliamentary finance committee…So, once again we get a solid confirmation they are going to move ahead with the Project to Delete the Zeros.
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Ariel
“Vietnam Rate Movement — Confirmed Signal in the Chain”
The State Bank of Vietnam has been running internal readiness drills on a controlled dong revaluation for weeks…the street-level echo of a policy decision already made at the top. Hanoi does not leak by accident. When Vietnamese banking officials let word slip to connected citizens, it is deliberate desensitization softening the ground before the announcement… Many countries are holding ready positions and have been for years…They are all parked at the gate, and Iraq is the gate.
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Clare (KTFA)
Article:
“Al-Zaidi returns to the United States after a European tour, carrying three ‘hot’ files”
Quote:
“Iraqi Prime Minister Ali al-Zaidi intends to travel to the United States to participate in the work of the United Nations General Assembly, following the end of his European tour, which includes France and Germany, while indicating that there are efforts to arrange a meeting between him and US President Donald Trump…He is scheduled to meet with French President Emmanuel Macron in Paris on September 14, before moving on to Germany…the United Nations General… brings together leaders of states and governments, begins on September 22 and continues until September 26, before concluding on September 28“
Article:
“The dinar must be changed! We won’t remove zeros, but the current currency will not last”
Quote:
“…An idea is emerging within the Central Bank and among members of the parliamentary finance committee to change the currency and launch a new series, instead of removing zeros, in a process aimed at withdrawing counterfeit, worn-out, and stolen currency, and returning part of the funds to the banking system, through a mechanism being discussed to link the exchange of large sums to opening accounts and proving the sources of funds.”
Article:
“American car manufacturer Ford enters the Iraqi market Starting from the beginning of next October”
Quote:
“Ford said in a statement that North Island Company will, under this appointment, handle the distribution of Ford vehicles, the provision of genuine spare parts, and the provision of after-sales services throughout Iraq,”
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Jeff
Kuwait changed the rate on Sunday, March 24, 1991. Anytime these countries change their currency value by more than 20% [they do it on a Sunday]. Iraq’s considering going 3,000% to 4,000%. They need to do it when all world markets are closed. That’s your Saturday/Sunday [in the United States]…They can’t change a rate by 3,000% to 4,000% when all world markets are open and have a huge impact in other world markets…That’s exactly how Kuwait did it…their Sunday morning.
We are extremely close to the finish line because of good old Mr. Trump hooking us up. Super super close.
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Frank26 (KTFA)
Donald Trump told the Prime Minister of Iraq, ‘I need for you to control [the Iranian militia in Iraq]. I need you to collect their arms…I need for you to encourage them to leave Iraq and go back to Iran. I need for you to get your own army together…‘ Zaidi got some friction. The [militias] said we’re not going to give up our arms and we’re not leaving Iraq…To the very end they are still being rebellious, stubborn. They refuse to give up…Z decided to grow a set of bowling balls and he got himself organized…Z’s in command in the same way Donald Trump is in command of everything happening in Iraq. Now Z inherits, takes the baton and moves forward. Trump will always delegate authority especially in war times…We have a strong leader in Iraq IMO…
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Terrance
PMZ [Prime Minister Zaidi] has the authority…to delete the zeros right now. But the preferred way to do it is to go through legislation through their parliament. That’s the ideal way to do it, but he does have the power to do it himself.
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Sandy Ingram
Re-denomination changes the numbers [on the notes]. Revaluation changes the exchange rate…The words, ‘deleting the zeros’ does not by itself mean the Iraqi dinar is about to experience a major increase in purchasing power. That’s why we watch what the Central Bank of Iraq announces…
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Thom
Article:
“The committee maintains its target to finish writing the draft law by September 15 for submission to the Council of Ministers.”
It is my opinion that Iraq will need a new Real Effective Exchange Rate prior to passing the budget and HCL.
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Stephen
A revaluation of the Iraqi dinar is in the future. How it’s going to go down, the rules, the timelines on which we have to exchanges are things that we are purely speculating on. No one knows until it actually comes forth.
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David
There absolutely will be a timeline that’s associated with this. Typically it’s been 90 days…Once that timeline has been exhausted, once it’s expired, people that have not exchanged at that time, they’re out of luck…Have a gameplay. Have your house in order. Set some deadlines. Set some goals and achieve those goals…
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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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