Dinarland Highlights - 4.9.21
sandyf
When the budget is ratified it will be published by the MOJ and will appear on their ...The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
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Frank26 (KTFA)
Bank Story from community member: He calls his brother and says 'You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it...They [Chase bank] told me yeah...we see the Iraqi dinar. It's on our computer screens and when it's accepted worldwide bring it in...by the way what kind of denominations do you have?
[Frank: they wanted to know what the denominations and how much you had and everything?]
'yeah I didn't divulge how much of it I had, I was so excited I called my brother...he decided to call BOA [Bank of America] down in Texas...and lo and behold the same thing happened to him. He says do y'all exchange foreign currency?'
[Bank story continued]
'He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it's on our list and soon you'll be able to bring it in but we can't help you right now...when it is recognized we will be able to bring you in.' - This is a pattern. A lot of banks are saying this. Not every bank...most banks are still being quiet about it. But the big banks. Don't be calling a mom and pop place...they aren't going to tell me that oh it's about to revalue or we know about it and what's about to happen. They're not going to be bold about it. But they're not being nasty. Isn't that interesting? I think so.
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MarkZ
[via PDK]
Mostly a “nothing burger” in the news as expected. We really don’t expect any news until tomorrow...
[I only have Vietnamese Dong. Will I be included in tier 4B?] yes you would be included.
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Bruce (The Big Call)
...Wednesday/Saturday – those are the 2 days of the week they use to publish any official information in their gazette...does that mean we have to wait until that dinar is seen or that budget is printed in the gazette...I don’t think so...what is really cool is the rate for the dong and dinar were on the bank screens...[Wednesday] but they came off at 4 pm in the afternoon... So I think we are in the last stages of the waiting game for this and I appreciate every ones patience - it’s been difficult I know for a lot of people...everybody is ready and rocking to go - I think we should keep our eyes open the next couple of days...
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sheila
...my one banker friend says it could go up to 16$ but to exchange when it hits 8-10 fast...cause when it hits 16, it will drop like rock back to 3.71 or 4 something, like in one day.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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