Take a look at the top listing on Credit Bank of Iraq bank rate inside Iraq. It is important to note that the US dollar conversion rate still remains the same, but it is listed as a currency that can be exchanged with the dinar.
Scroll all the way to the far right of the dinar listing at Credit Bank of Iraq, and you will find that one US dollar still buys 1,300 dinar.
You might want to save this page with the below article link to refer back to when checking currency rates inside Iraq.
INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD RESERVES
(Yet the IQD is still 1/6 of a penny?)
The World Gold Council announced on Thursday that five Arab countries, including Iraq, own more than a thousand tons of global gold reserves.
The council said in its latest schedule for the month of March, seen by Shafaq News Agency, that “the first five countries (Saudi Arabia, Lebanon, Algeria, Iraq, and Egypt) possessed 1,47.3 tons, while the rest of the countries possessed (Libya, Kuwait, the Emirates, Jordan, Morocco, and Bahrain).” 489.5 tons.
He added, “Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 142.6 tons, which represents 8.4% of the rest of its other reserves.”
The Council also pointed out that “the United States of America sits on the throne of the rest of the countries with the largest possession of gold in the world at 8,133.5 thousand tons, followed by Germany with 3,352.6 thousand tons, then Italy came with 2,451.8 thousand tons, while Bosnia and Herzegovina came at the bottom with 1.5 thousand tons.” A thousand tons.
It is noteworthy that the World Gold Council is based in the United Kingdom, and has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world.
Stay tuned for this announcement that is or will be coming out of Iraq at any moment. I am pretty positive this has a lot to do with their reforms and imminent accession to the WTO.
...I have to come on a clarify the false rumors...about the IQD backside trading that is taking place. Read my lips- THERE IS NO BACKSIDE, BACKDOOR OR ??? trading being conducted on the IQD. If you want to buy it you can go to the Iraqi Stock Exchange (ISX) and the rate is the official rate minus the trading of demand curve for the day...
So ... Thursday the ISX dinar sales closed at 1309 (not $3.09) dinars per one US dollar compared to the CBI official rate of 1320. END of all the rumors...Done! ...There is no back office, government or other side trading before it goes LIVE to the public.
Article: "OFFICIAL: THE ISSUE OF IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION IS COMING SOON" Quotes: "the issue of Iraq’s accession to the World Trade Organization was imminent,"; "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."
This morning a source from Iraq said that Iraq would get the RV out to us over the weekend.
Another source said that one hour after the start of the State of the Union speech Thurs. evening everything would be released: Bond Holders, Admirals Group and Tier4 funds would be released.
Notifications could come at any time. Exchanges could start tomorrow Fri. 8 March
DINAR REVALUATION REPORT 💥💥💥STUNNING REFORMS IN IRAQ 💥💥💥 Now let’s focus on the citizens Growth and Purchasing Power in order for IRA...