Mountain Goat
Article:
‘THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.’
The author is Dr. Subhi Jabara…He is a famous economist…My CBI contact told me it is an integral part of the educational process leading up to the FOREX reinstatement… the article…tell(s) us there is more to the removing the zeros than just removing the zeros…it is going to lead global trading of the dinar as the IQD once again.
…in the article, Jabara even uses the term ‘nominal rate’ as in going back to a nominal rate reflecting the true value of the Iraqi dinar…nominal rate is a real IMF term used to describe a currency when it is fairly revalued according to the economy and assets of a country.
Quotes:
‘The real shift occurs in the subsequent adjustment of the exchange rate. The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar.’
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MarkZ
[via PDK]
I am hearing [rate] between the high $3 range to the high $4’s.
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Frank26 (KTFA)
The results of the e******n were all over the streets of Iraq and the citizens were pretty much happy, celebrating… The media of Iraq is owned by Iranian politicians inside parliament of Iraq. You think they’re going to tell anybody the good news. …We all know Sudani won and we know he’s going to form his government in less than two weeks but the enemy will say the opposite. The enemy doesn’t want you to have your new exchange rate to purchasing power…will continue to cause problems in your country…You have no idea how close you are to your purchasing power.
Question:
‘Is the dong going at the same time as the dinar.’
I don’t give dates or rates but the dong is preparing itself to also do the same thing the Iraqi dinar is doing. We have shown you the evidence in the articles…
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Sandy IngramSudani, the Prime Minister, appears to have been victorious in Iraq’s parliamentary e******n…Media sources are saying the reconstruction and development coalition emerged as the largest block in the new assembly. The reconstruction and development coalition is tied to Sudani. He’s feeling his cheerios. He said he has been victorious.
Sudani X Post:
‘Our coalition reconstruction and development is first because we believe Iraq comes first and Iraq will always remain first through the dedication of its loyal sons and daughters…’
Parliament first has to elect a president and then the president will recommend Sudani we hope…This is not said and done. The is what is believed to be the case.Clare (KTFA)
Newsweek Article:
‘Time to shine: Prime Minister Mohammed Shia al-Sudani is putting Iraq back in the spotlight’
Quote:
‘FEATURES The Man Who Wants to Make Iraq Great Again. Prime Minister Mohammed Shia al-Sudani has led Iraq through a time of regional turbulence. Ahead of national e*******s this month, he told Newsweek of his plans to establish his country as a global trade, investment and innovation hub…’
Article:
‘Sudani Bloc’s Early Lead Puts Iraq’s Budget and Dinar Policy Back in Focus’
Quote:
‘A stronger Sudani-aligned majority would likely accelerate budget timelines and reduce fiscal brinkmanship. But any change in Iraq’s official exchange rate remains the CBI’s call—and, given U.S. dollar controls and inflation sensitivities, a wholesale FX move looks less probable than steady, technocratic steps to narrow the market spread and stabilize prices.’
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MilitiaManFor Iraq to go international they’re going to have to have a real effective exchange rate (REER) and that’s going to entail digital technology, blockchain for instance.
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Pimpy
So far so good for Al-Sudani. His people have won the largest blocks. But now comes the tough part when the groups start negotiating with one another to become the true largest blocks in the parliament who decides who’s going to be prime minister.Even though Al-Sudani’s people had won the largest block so far with 50 seats, they got to do a lot better than that. They’re going to need more than 50% of the seats of 396. He’s already got 50. That’s a pretty good jump so far. Now the tough part begins. Let’s see where that goes.
Source : dinarchronicles
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