Thursday, July 27, 2023

DINARLAND UPDATE, 27 JULY

 Nader From The Mid East

Article Quote:
The Harith Exchange in Baghdad, said, at 11:00 a.m., an exchange rate of IQD 155,200 per [100] US dollar…Dozens of angry protesters are gathered in front of the Central Bank of Iraq building in the middle of Baghdad to protest against the dollar’s exchange rate…demanding quick action to reduce the continuing rise of exchange rates.

MarkZ

[via PDK]

The people have seen the steps the people were told had to be done before they got their rate change and prosperity. The people are growing impatient…The IQD is losing value against the dollar right now. This is costing Iraqi’s dearly. They are upset. They had been promised a change in rate…Iraq is doing everything it can to get from under America’s thumb. It’s a battle and I believe Iraq is winning. Maybe not as quick as we want them to win though. 

Now there is more pressure and the people are taking to the streets and insisting they fulfill those political promises.  This is a good thing for us. Even them talking about how it’s the US holding things up is a good thing for us. They have a short window…This will erase the debt problems in the Us when they let Iraq finally RV their currency…I believe Iraqis taking to the streets is forcing it…It’s time.

Mountain Goat


Well the RV has not yet happened in Iraq nor has the reinstatement of the dinar. As far as the banks are concerned there is still the US Treasury OFAC sanctions in place on the Iraqi dinar. This is not just my opinion but FACT…I was told by my CBI contact to expect the new rate on FOREX, however it did not occur, as stated. So…I inquired on my weekly call to Iraq and asked what happened. 

I was told it was stopped due to the US Treasury audits of many of the major banks in Iraq

MilitiaMan (KTFA)

Article:
“The committee members…”

That’s a group of people other than Alaq, ask a number of question regarding the reason for rising exchange rates…” …What they’re asking is what type of solutions do you have…

Quote:
“The central bank is working with the importance of developing radical solutions to the crisis.”

What’s a radical solution?  Going from 1460 to 1310 wasn’t a radical solution.  Going from 1310 to 1132 which is seriously not a radical solution.  What they’re really talking about…a ‘radical solution’…going back to a ‘previous era’…

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