MarkZ
[via PDK]
Article:
‘Learn about the ‘secret operations room’ that monitors the pulse of the Iraqi economy and protects the dinar from fluctuations.’
They are openly talking about how they work on these mechanisms… This has not been a ‘Get rich quick’ scheme. They have been methodically doing the steps to increase the value and stabilize the currency…They have been working on this for 2 decades. Not a get rich quick scam. Real governments, real banks and real fundamentals.
______________________________________________________
Mountain GoatEven though the Oil and Gas Law is not yet passed, there is friction coming from the Kurds to push the voting on the law in the next parliament session. Weren’t they the ones that held it back for so long and objected to it. So do they now have a solid law to pass that will work. Did the Kurds finally get what they wanted all along. Even though the next session is not until the new year, I don’t believe this one would stop the RV. There is just too much evidence of a favorable momentum in the direction to get this passed.
______________________________________________________
Bruce (The Big Call)
[via Sue]
I don’t want to get you over excited, but I kind of do…we’re in the final window…I know we we’ve heard that before, but we’re definitely in the final window…
______________________________________________________
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: The Central Bank of Iraq noted they are not changing the current exchange rate just yet...But Prime Minister did confirm the new currency mechanism is coming out on December 1st. They’re planning a shift to strengthen the currency. The update today, the currency rate stays the same but change is on the horizon for next month.
FRANK: Allow Sudani to tell you the truth about the monetary reform and allow Alaq to defend the new exchange rate by denying it for now.
FIREFLY: CBI just came out…talking about how to exchange the dinar and talking about our dinar is in a new system and this is a new phase of our monetary reform. He didn’t come out and say what a new phase was…We are now linked globally …The television keeps referring to a new phase. No body knows what this new phase is…just keep talking about new phase.
FRANK: They’re orienting you. They’re training you…It’s amazing what they’re telling you every day about the monetary reform process and where you’re at…Sandy Ingram
The CBI announced it’s Investment Department will now take a more active role in protecting the value of the Iraq dinar…For the first time instead of that hundred billion US dollars just sitting in the Federal Reserve Bank, Iraq is going to invest its reserves…This sounds like a good thing as long as the investments are safe…The central bank is serious about using the financial tools and large reserves to avoid currency shocks and strengthen the economic stability…The CBI is taking a more hands-on approach to protecting the dinar and keep Iraq’s economy on a steady path. This is good news and this is big news.
______________________________________________________
MilitiaMan
All these big laws, oil, gas, budget, etc…if they do what they say they’re going to do, these laws become 15% to 25% cheaper to pass because everything is suddenly priced in stronger dinars…When they adjust the exchange rate…they use dinars for trade, things become a lot cheaper quite quickly.
Current official rate at 1310… parallel market is about 1430. Expected new official exchange rate once they drop the zeros, new dinars per US dollars…when the political decision is taken, most likely the next time-frame…
______________________________________________________
Clare (KTFA)
Article:
‘Central Bank: No intention to adjust the Iraqi dinar exchange rate’
Quote:
‘The Central Bank of Iraq affirmed on Monday the stability of the exchange rate and the absence of any intention to adjust the value of the Iraqi dinar against the US dollar.’
Community Comment: ’Sounds like the CBI is just trying to throw off speculators.’
CLARE: EXACTLY.Jeff
They did tell us [In the Newsweek cover story link below 11-23-2025] that these e*******s for this year of 2025 are the most important e*******s Iraq has ever had or held since the year of 2003 when the war started. Why are the 2025 e*******s the most important ones since the whole war started in 2003. Because it’s these e*******s that remove the political c********n. It’s these e*******s that get them back on the international world stage. It’s these e*******s that usher in and introduce the rate change, that’s why.
______________________________________________________
KaperoniIraq is in the process of removing physical paper currency in country as they switch to digital banking.
______________________________________________________
PimpyHow are they going to preserve their liquidity. If you bring in the 25,000 dinar it only has exchange value of 25 dinars. That’s how they preserve their liquidity. Can you imagine they allow US citizens to keep the zeros on there but take the zeros off in country. We take our 25,000 dinar into the bank with exchange rate of $3.22 and we walk out with $80,500. Meanwhile in Iraq they only get purchasing power of $19. Do you think that’s going to fly from one country to the next.All the citizens would turn in their dinar and drain the liquidity out of Iraq. That country would be absolutely broke.Source : dinarchronicles
Thank you for donating to our website.
Here are the best selling products on Dinarreport.com