MarkZ
[via PDK]
Comment: [Guru] Mountain Goat is not expecting it until January 2026 for the reinstatement of the dinar…
MarkZ:
Article:
‘Central Bank sets banking reform plans’
This may be what has Mountain Goat thinking it’s not till Jan 2026. They are talking about banking plans and reforms and saying many banks will be compliant and ready for International Standards by Jan of 2026. Most banks will be ready early 2026 with International reforms. If they are going to implement these International banking reforms by Jan. I think they need a new rate before then… I still think its sooner…I am still thinking we are on the cusp.
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Mountain Goat
Article:
‘FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME’
Article Quote:
‘Financial expert Mahmoud Daghir revealed on Sunday that the amount of cash held by the public is estimated at around 90 trillion dinars, out of a total money supply of 98 trillion dinars in Iraq.’
Folks, I believe they do not want to talk much about the dinar we have outside of Iraq. It could very well amount to very close to a trillion dinars alone. How are they going to retrieve our dinars. This of course is a rhetorical question, as we all know the answer.
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Frank26 (KTFA)
All Middle East currencies in the basket with Iraq are counting on the Iraqi dinar to elevate them to the next level. As the dinar grows to the real effective exchange rate it will affect them as well. It is a win-win situation. It is no longer parasitical. Both currencies, the dinar and Kuwait [dinar] have a common goal and that is to profit together.
[The younger Iraqi generation] is at least 20 years behind. They have never seen coins. They have never seen lower notes. They have never seen a monetary reform. They have never had a government that actually is not c*****t. All of this is new for them. That’s why the exposure of the new exchange rate of the lower notes has to be done very carefully, sensitively. I don’t care how long it takes. I care for it to come out perfectly. It cannot be done incorrectly. As much as I am waiting, waiting, waiting, I am also seeing the reality of this waiting. It is so close. The banks now know what’s going on and they’re preparing for you and they’re no longer lying to you. The smaller banks, are still ignorant. The bigger ones, they seem to know a little bit more. Every now and then you get very fortunate, you get blessed [with a great bank-dinar encounter].
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MilitiaManThey’re not giving a whole lot of information when it comes to…the revaluation of the currency. They can’t do that but they sure can give you the heads up. They do it with quiet tones. I think that’s the tell sign…The CBI needs to peg the new digital dinar to the Arab accounting dinar without sounding like a revaluation bomb because central banks can’t talk to you about that stuff. They can’t lead people on and they can’t tell people what’s truly happening. However what we’re bringing…tells us there is something going on.The CBI…basically got the green light...We don’t know what day and what time but the bottom line is their readiness is the main thing. They’re capable of something thing happening. As far as I’m concerned it could happen at any time. New digital technologies are fast and furious. <snap> They happen just like that. And if you remember back to the 1450 to 1310, what did Alaq do. Boom, effective immediately. I would expect something similar… Samson (KTFA)
Article:
‘AL-SUDANI AFFIRMS FROM NAJAF: WE ARE PROCEEDING WITH THE PATH OF RECONSTRUCTION AND DEVELOPMENT, AND THERE WILL BE NO RETURN TO CHAOS AND DISORDER’
Article:‘WARS HAVE HAMPERED IT’: A PROPOSAL TO ESTABLISH A SOVEREIGN WEALTH FUND FOR IRAQ AND INVEST IT IN DEVELOPMENT PROJECTS’
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Fnu LnuI have been told that we will see a rate ranging from a possible $3.80 +- . On the upscale, they could sustain a $4.80 with ease but should test the waters first. At any rate, they would likely come out as the premier currency of the world and higher than Kuwait. Iraq will be in need of monstrous amounts of infrastructure supplies which they will import…These supplies are very expensive so they will want the Dinar as strong as reasonably possible. They have paid off almost all of their foreign debt so the need for a cheap Dinar is gone and they are not an export country except for oil and OPEC requires that oil be sold and bought in USD.
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Walkingstick (KTFA)
The budget of ’26 was voted on in ’25. We will see the new exchange rate in the ’26 budget and in the ’25 budget. You haven’t seen the ’25 budget because they don’t want you to see it. It’s that simple. Why. Because it has a new rate.Sandy Ingram
The Central Bank of Iraq signed a cooperation agreement with the National Bank of Kuwait…What makes this agreement important is the National Bank of Kuwait has agreed to help the CBI to develop its banking practices and training. This is excellent news because the Kuwait dinar is worth $3.61. It is the highest value currency against the US dollar in the world.Source : dinarchronicles
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