💹 Dinar Update – Project to Delete Zeros & Future RV Insights
📌 Key Takeaways:
Project to Delete Zeros ✂️💵
This is only the first step toward the dinar’s full reinstatement on FOREX.
Focuses on collecting large notes and issuing smaller denominations.
Central Bank of Iraq (CBI) will monitor inflation before moving to the next phase.
Next Step – FOREX Reinstatement 🌍💱
After zero deletion, the IQD will be pegged to a basket of currencies, not just the USD.
This allows the dinar to increase significantly in value, leading to the real RV rate everyone anticipates.
Once implemented, the exchange rate will be the same internationally, no separate “contract” rates.
Cash Outside the Banks 🏠💰
Financial expert Mahmoud Daghir estimates 90 trillion dinars are held by the public out of 98 trillion total.
A large portion of this may be outside Iraq, including the US, Canada, and Europe.
Retrieving these dinars requires the currency change and rate adjustment—the only practical way to get cash back into banks.
⚡ Bottom Line:
The zero deletion is just the first preparatory step. The major rate everyone wants ($3.81–$4.00 or similar) comes after the dinar is reinstated on FOREX and allowed to float against a basket of currencies. The upcoming changes are global, not just domestic, and aim to recover liquidity and restore trust in the currency.
📣 Stay Connected & Updated:
🔗 BLOG: https://dinarevaluation.blogspot.com/
💬 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 Twitter/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION
------
Mnt Goat
Question: When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate? Mnt Goat: ...the Project to Delete the Zeros is ONLY the first step of the process to get to FOREX and the dinar is still solely pegged to the dollar. It is to collect all the larger notes and issue the lower denominations.
This is the purpose of this step. The CBI will be VERY concerned about inflation afterwards and so they told us there will be a period of time before they move to the next step.
The next step is the REINSTATEMENT on to FOREX. The peg will change and the IQD will be repegged to a “basket” of currencies that will allow it to change drastically higher...This is how we get the rate we want. This is when we go exchange.
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.
Nader From The Mid East
There's no in country and outside country. When you say international, when you put something international... they're going to put it to float and all that, the rate will be same thing everywhere over the world...I never heard of contract rate or nothing like that before.
I saw this article, this is the 3rd time I see it in one year. They keep talking about about and talking about. It's about how much money there is in the street...
They say 92 trillion dinars on the street and they don't know how to get them to the banks. A lot of these trillions are outside the country, we have them. They're everywhere, United States, Canada, Europe, everywhere.
The only way to get this trillions out of the streets, it's by changing the currency and changing their rate. That's the only way they can get this 92 trillion dinars out of the streets...That's exactly what's going to happen soon.