______________________________________________________
Dinarland Highlights – 11.10.26
MarkZ
We don’t know the timing yet. I’d say anytime between now and December 18th is what looks golden with some of my bond contacts thinking it’s this week.
=======================================
Mountain Goat
Article:
“THE CENTRAL BANK CLARIFIES THE TRUTH ABOUT PRINTING THE NEW CURRENCY… AND THE DIFFERENCE BETWEEN THE TWO PRICES DECREASES TO 9%”
Quote:
“…the Governor of the Central Bank as confirming that there was no printing of new currency, clarifying that the talk circulating on this matter was inaccurate.” Hussein is talking about inaccurate information on the CBI printing a new set of 3 zeros notes instead of removing the zeros and issuing newer lower denomination.
Quote:
“He also revealed that the gap between the official exchange rate and the parallel market rate had decreased from 24% to 9%.”
=======================================
Clare (KTFA)
Article:
“Another postponement… The Cabinet will vote on the 2027 budget next week”
Quote:
“the disputes between the federal government and the Kurdistan Regional Government are moving towards a solution, predicting that all outstanding issues will be resolved and understandings will be reached that will allow for a vote on the budget law.”
Article:
” ‘I don’t have change’ Baghdad shops hand out celery and candy as small banknotes run short”
Quote:
“Shopkeepers across Baghdad say 250- and 500-dinar banknotes have grown so scarce that they are handing customers celery or candy instead of change, or waiving the difference…Thaer Farhan, a shop owner in the Shawaka area, said his shop has been short of small notes for two to three months…’We call on the Central Bank to intervene and print these denominations because our profits depend on their availability,‘ “
=======================================
Jeff
How many steps were remaining for the rate to change. Kurdistan and Baghdad needed to reach agreements on both the HCL and the budget because the HCL (Oil and Gas Law) is the rules to how everything is divided and shared between oil money…That means the HCL is married to the ’27 budget. They have to get approved and agreed upon and happen together…They’re telling you they’ve reached agreements on both the ’27 federal budget and the oil and gas law…That is how close we are.
There’s a shortage of physical currency.
Article quote:
“Shopkeepers across Baghdad say the 250 and 500 dinar note have grown so scarce they are handing customers celery and candy instead of change or waving the difference…”
That’s perfect. That’s exactly where they want to be because that’s another way they’ve been deleting the zeros…Getting physical currency out of circulation preparing to revalue.
Advertisement
______________________________________________________
=======================================
Frank26 (KTFA)
I don’t care about the other gurus…The exchange rate and the presentation of the budget are two completely separate animals [which] is vital for people to understand if they are serious about this investment. I believe the Iraqi citizens…understand this process very well…I pray the 1500 that is in the budget will continue to stabilize until the end of the year so that the reinstatement and the redenomination…is successful maybe just maybe by the beginning of next year. Maybe just maybe the CBI will feel comfortable enough with the stability of 1500 and with the ability to trust parliament.
There’s a lot of scuttlebutt [in Iraq]. I think it’s because there’s a lot of information from the CBI and GOI lately. There’s a lot of talk…rumors…innuendos…Any idea why my friends that have contracts with the GOI would call and talk to us about a rumor? …They don’t care about political things…They’re not at all political. They care about the bottom dollar…their contract…the rate and what they’re hearing about that rate.
=======================================
Stephen
I stand by my decision to give voice to individuals who have come forward with evidence and believe they’ve been victims of being sold counterfeit currency. Unfortunately…I did receive multiple threats…I firmly believe I did the right thing by brining these concerns to light…I refuse to allow these threats and unnecessary distractions to consume my time, energy and resources. I have a family, I have businesses to run and I have a community here who depends on me…At this point I’m gong to allow these matters to be addressed through the appropriate channels… Remember…It is always your obligation and responsibility to make sure the currency you hold is legitimate and authentic.
The United States is very much involved with what’s happening in Iraq right now…US diplomats are still heavily heavily involved with Iraq. The US Treasury is heavily involved with Iraq. The US president, President Trump is still heavily involved with Iraq…He had a call with Al-Zaidi the day after the massive mid-term loss. You would think Trump has a lot on his plate, but he still prioritized and made time for the Prime Minister Al-Zaidi…
=======================================
Walkingstick (KTFA)
[Aki Iraqi US bank friend update]
They’re stabilizing the exchange rate. We have heard they are thinking about $1.50 not 1 to $1. My boss is hearing $2. The point is it’s going to be over a dollar based on things that we have learned…We believe this should have already happened by now and it can at any moment…
=======================================
Advertisement
______________________________________________________
MilitiaMan
All the things they’re doing with digital transformation is pushing the parallel market to reduce the gap…The digital dinar…is a digital form of the existing dinar for electronic use with the same value as the paper notes…The country is poised perfectly for what we’re looking for…
=======================================
Reset Intelligence
Three precedents confirm the shape [of large scale currency exchanges]. Kuwait 1991: occupation-era notes swapped at a defined deadline; paper that never presented is still worthless. Iraq in 2003: Saddam-era notes exchanged at banks over exactly 3 months, 15 October 2003 to 15 January 2004, announced publicly, no fees. India 2016: a 51-day window requiring recorded explanations for large deposits in front of 2 bank officials. All 3 – announced by the central bank, run through ordinary banks, a defined period that actually closed.
—
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 an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
