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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

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RV Intel/Thoughts/News - All Posts for December 5, 2016

Below is a list of all of the content posted for Monday, December 5, 2016. This will be useful for those of you who may have missed somethin...

Tuesday, October 25, 2016

IQD RV Update with Kaperoni: "Exchange Rate will Rise"

...monetary policy is a set of procedures that the CBI must follow, like all central banks. Their are no short cuts. That being said, the CBI is trying to do what is right and they have an agreement (SBA) with the IMF to achieve those goals...It takes time and it is a process.

[...can anyone...tell me why the US would give aid to Iraq without something in exchange, example, US insistence that Iraq stay pegged to the dollar?]

The US has said no such thing. The IMF has stated so under the current conditions and that is because they are guiding the CBI through this financial crisis.

[why would Iraq depeg or stop selling the dollar and "free float" the dinar? It just doesn't seem likely...] not a choice. It is not something that decided randomly, but an event as part of the CBI's monetary policy. To simplify, the CBI has what it calls a Capital which investment funds are that come through the banking system end up in. As the Capital Account grows, so does inflationary pressure on the Iraqi economy. As a result, the CBI, must have a more flexible exchange rate (some type of float) to counter this pressure. In other words, as investors and investment comes into Iraq, the exchange rate will rise.


Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru


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