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Dinarland Highlights – 10.16.26
Bruce (The Big Call)
[via Wiser Now]
I just think it’s really coming down to the point where this could go…at any time now. This could go any day now…Maybe it’s the weekend. But whenever it is, we’re very, very close I don’t know of anything else…other than Iraq putting a rate out on the forex and in their gazettes.
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Mountain Goat
Folks, its not rocket science to see why the CBI went all the way to 1520 purposefully and did it now. They are in a liquidity crunch. …the CBI’s own list of the five (5) main issues that need to be resolved prior to the reinstatement…Ending the parallel market or at least equalizing it must be accomplished…was on the list. 1520…was chosen because it is about the optimum/average trending rate of the parallel market in Iraq. So this is now the new CBI ‘official’ rate.
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Ariel
…we…know Iraq wants to go back to their old rate at 3.22. We also know the base rate has to be 1:1. You can’t level the playing field any other way…The opening rate cannot possibly be below $1.00 and why Iraq’s historical $3.22 peg is not aspirational nostalgia but the gravitational center of a currency that is backed by the world’s fifth-largest proven oil reserves, a rebuilt gold stockpile, and a sovereign wealth architecture that has been quietly accumulating hard assets for over a decade…the real question is not “can they afford it” but “how fast does the rate rip through $1.00, $2.00, and $3.22 once the float begins…
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Clare (KTFA)
Article:
“Congratulating the completion of the cabinet and ministerial appointments, Hebat al-Halbousi stated: The House of Representatives will be a true support for the government without relinquishing its role in oversight and accountability…The success of the government is the success of the state, and fulfilling the aspirations of citizens is a shared national responsibility that cannot tolerate disputes and narrow political calculations.”
Article Quote:
“In a statement following the completion of the cabinet, al-Zaidi said, “We begin now with accelerated steps of diligent work, and we pledge to our Iraqi people to move forward with implementing our government’s priorities and program and responding to the aspirations of Iraqis.”
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Jeff
This beast is done! Welcome to Iraq having a formed movement meaning Iraq will be eligible to change the rate for all of us starting this weekend on Saturday the 17th if they choose…The government is done. They’re got their constitutional oath when they’re voted in…They voted them all in at one time. It’s one and done…
Budgets are calculated off what is the currency value. It’s a law. Parliament can’t approve a law until all aspects of the law exist, such as the currency value the budget is calculated off of.
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Samson
Article:
“PRESIDENT ZAIDI: THE MINISTERIAL FORMATION HAS BEEN COMPLETED AND WE HAVE COMPLETED THE VACANT PORTFOLIOS”
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Stephen
No one knows the date, no one knows the rate…But we do have a lot of exciting things going on right now. It does seem we are getting pretty darn close to the finish line…I believe we are getting ready to see it come to fruition…
What the banks do and say today is going to be very different from what they say and do once the Iraqi dinar has value. Banks do not deal in hypotheticals…Right now the Iraqi dinar is listed as an exotic currency…They don’t want to deal with headaches. They don’t want to deal with people bothering them about a hypothetical revaluation that hasn’t happened yet. Once the Iraqi dinar has value, it’s a complete different scenario, now you have value to offer to the bank. Banks want your money. Banks will never turn away money. That I can promise you. A bank is in the business of taking your money and then lending it out. That’s how banks make money.
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MilitiaMan
The cabinet is now complete… Officials keep using the words ‘Next Stage’…I’ve talked about words and when you see consistent patterns, that’s important…Al-Zaidi confirmed the cabinet is now full…Minister of Defense…Minister of Interior…those are two key components the gatekeepers wanted to see…The government can move ahead with full steam…It does not change the official rate by itself. It does remove a major source of delay…
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Frank26 (KTFA)
IMO we have a seated government…The next thing I’m going to be looking for is the budget…I see organized chaos. I see a seated government…What happened…opens a lot of doors especially when you get the budget in there.
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Reset Intelligence
Iraq’s government is (finally) complete. On Thursday parliament filled the last empty ministries, Interior and Defense among them…Only the Ministry of Migration was left open…And Washington sanctioned an Iraqi bank sending dollars to Iran, handed down from an IRGC financier. Piece by piece, you are watching Baghdad shut the back doors to dollars and its own currency. The IQD still trades at two prices: 1,520 at the Central Bank and about 1,665 on the street. Bring those together and the new notes can follow.
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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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