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Featured Post

USN Listed on Hong Kong DBS Bank Currency Exchange Rate List

Currency Exchange Rate Last updated 2017-04-26 15:41:46 The information is indicative only and is provided solely for reference purposes.The...

Sunday, March 26, 2017

Dinarland Highlights for March 25, 2017

Dinarland Highlights - 3.25.17

RayRen98


It is getting hot in terms of what we are looking for. There was a translation from Arabic found on the CBI website, and it reads: “to all licensed banks and money transferers and currency dealers, approve all companies for exchange rate..."

...it seems to be saying that the CBI has approved a new rate for all currency locations. One of my best translators...says that is what is says.

...this is the type of thing we want to see and hear and acknowledge...and there is a lot of excitement and expectation surrounding it, but there is still a timing factor. If the green light has been given, how fast does movement commence? It could happen today[Friday], tomorrow or Sunday. We know it’s inevitable...because the process has already begun.
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Mountain Goat

The month of March is winding down and so where is the early, in the EARLY 2017 statement, for the continuance of the “project to the delete the zeros”?

Article quote:
"Secretary General of the Council of Ministers Mahdi Keywords, said on Thursday that the government is proceeding towards a free economy and activating the private sector."

...they didn’t say they WILL proceed they just told us instead they ARE proceeding forward...

...so now it sounds like the GOI is about to give the CBI the go ahead once again to proceed with the “project to delete the zeros...it’s coming. We watch and wait for the articles from the CBI then we get excited.... (...the Iraqi news media is using the term“keywords” to mean an influential person of authority speaking policy...)
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loop

[Would changing the rate of the Dinar have any affect on their rampant corruption issues?]

IMO...They have a good handle on the corruption going on in the banking sector. While they still have work to do on this front they have systems in place to catch the crooks. So I do not see it has stopping them from a rate change at this point.
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Kaperoni

Article:
"Iraq on the brink of an ambitious program looming..."

I am encouraged that we will see the beginnings of currency reform within the next few months. We can hope anyway.
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BGG

[Would changing the rate of the Dinar have any affect on their rampant corruption issues?]

Just the opposite...them dealing with their corruption issues will help the world accept a higher rate for the Dinar. I am positive this is one of the items the IMF will be discussing shortly.
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mike

Article:
"PM Barzani: There Will Be a Referendum on Independence This Year"

Quotes:
"Barzani said "there will be a referendum this year. No question," noting that "the outcome doesn't mean we will immediately embark but it will show the international community what the population wants."

"The Kurds continue to consolidate their gains and refuse to give up on what they have liberated since 2014."

Never say never when it comes to Iraq. Baghdad has always treated their minorities like crap and now they want change. Having a US military base takes away 98% of the threat from Iran, Turkey and Iraq itself. If the Barzani's can sell this to the Trump administration, this could become a reality.
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ADMINBILL

THE WEEKEND IS HERE AGAIN. IT WILL BE QUIET UNTIL SUNDAY WHEN MORE INFO WILL COME IN. STILL RED (Alert) JUST NOT BRIGHT ENOUGH TO TURN GREEN. MOST IN AGREEMENT THE ACTIVITY IS AN INDICATOR TO A TIDAL WAVE OF ACTIVITY DURING THE COMING WEEKS FOR YOU AS A CURRENCY HOLDER.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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