URGENT READ: A Disastrous Step...Floating the Dinar.

[Luigi1]

Here's an article of Dinarian interests...

Economist:  floating the Dinar...a disastrous step.

Iraq must RV-RI for the common good of the ordinary Iraqis.

A float will only encourage Iran to steal even more.

Border crossings of currencies will be out of control.

Treat as a rumor.  Not verified.  Your opine.

 

 

FROM OTHER SOURCES:     Floating The Dinar.

ARTICLE:  Floating The Dinar...Specialist:  A Disastrous Step & Monetary Policy Must Be Reconsidered.   Amid the failure of the CBI to control the ER of the Dinar against the Dollar & the continued smuggling of hard currency out of the country, calls are appearing here & there to float the Iraqi Dinar.

 

In this regard, Hammam Al-Shamaa, professor of economics at the University of Baghdad, says, “If the Iraqi Dinar is floated, it is possible that the price of one Dollar will reach more than 10 thousand Dinars & this price will not serve the Iraqi economy & will burden the citizens & lead to more corruption.”  

 

Al-Shamaa added in a press interview seen by “Taqaddam” that “Iraq is considered one of the ranks of the Gulf countries as it is an oil country & has great potential for hard currency & therefore flotation does not serve the Iraqi economy,” indicating that “flotation serves the economies of poor countries.”  

 

Al-Shamaa warned that “taking such a step will lead to the death of the Iraqi people from hunger, especially since Iraq is a country that, despite its enormous natural wealth, is an unproductive country,” pointing out that “the agricultural sector is declining & the industry is backward, as there are no productive sectors that can provide food.” “For the people.”  

 

He pointed out that “the government has begun to take measures that lead to an increase in the Dinar’s ER, including a delay in government spending,” calling for “a reconsideration of monetary policy in Iraq & assigning the task to those who lead it efficiently, professionally & with knowledge & not by bidding & searching for wealth creation & fundraising.” 

 

[Luigi1]

Here's an article related to the above...The IQD Is Ready To Bust Out...

 

 

Hashmi03:  IQD Investors Throughout The World Is Waiting For IQD RV & Some Indicators Are Showing That This Might Be The Year Of RV.

ARTICLE: Iraq’s economy is giving signs that the Iraqi Dinar will revalued in coming months but will it be the increase in IQD valuation which big investors are waiting for.  The answer is “may be” but the insiders are negating the hopes for IQD significant regain, though they are of the belief that IQD will be Re Valued in the mid of the 2024.  This could be because of the progress in Iraq’s economy.  Now what insiders are indicating is that there are some price upward trend in IQD in the end of this year but the next year is when the time comes of, what we all are waiting for.  Iraq is certainly on the path of progress but this is not a rapid process, instead Iraq is opting for steady growth which means, it take times for economic growth & Iraq’s economic growth is the key factor in IQD RV.

 

In order to attain IQD Revaluation IQD must be listed on forex to go high in price & good things are happening with Iraq.  Like, Iraq is now the member of World Trade Organization.  Iraqi Government is continuously stressing Oil Companies to give serious share of extracted Oil to Iraq & if it happens, it will be the factor of significant high value of IQD.  Al Sudani is taking measure that CBI converts its transactions on Quantum Financial System rather than traditional SWIFT based system because the Quantum Financial System is Gold backed & Iraq has massive amount of Gold reserves & if it happens than IQD Revalued price will be much more than the expectations, we will see 70% increase in value of IQD.

 

[Luigi1]

Here's another article of Dinarian interests...

 

 

Frank26  via Boots On The Ground  via  SuperGirl.    HCL Update.

ARTICLE:  in Erbil Update: I spoke with Dyaa & his family, so far no one has received anything nor have they heard anyone receive anything concerning the HCL… 

FRANK:  We are hearing it from many sources but we believe they are just rumors.   They mentioned they may be doing tranches but we have not seen any evidence of it yet.

 

[Stabstones]

6 hours ago, Luigi1 said:

Here's an article related to the above...The IQD Is Ready To Bust Out...

 

 

Hashmi03:  IQD Investors Throughout The World Is Waiting For IQD RV & Some Indicators Are Showing That This Might Be The Year Of RV.

ARTICLE: Iraq’s economy is giving signs that the Iraqi Dinar will revalued in coming months but will it be the increase in IQD valuation which big investors are waiting for.  The answer is “may be” but the insiders are negating the hopes for IQD significant regain, though they are of the belief that IQD will be Re Valued in the mid of the 2024.  This could be because of the progress in Iraq’s economy.  Now what insiders are indicating is that there are some price upward trend in IQD in the end of this year but the next year is when the time comes of, what we all are waiting for.  Iraq is certainly on the path of progress but this is not a rapid process, instead Iraq is opting for steady growth which means, it take times for economic growth & Iraq’s economic growth is the key factor in IQD RV.

 

In order to attain IQD Revaluation IQD must be listed on forex to go high in price & good things are happening with Iraq.  Like, Iraq is now the member of World Trade Organization.  Iraqi Government is continuously stressing Oil Companies to give serious share of extracted Oil to Iraq & if it happens, it will be the factor of significant high value of IQD.  Al Sudani is taking measure that CBI converts its transactions on Quantum Financial System rather than traditional SWIFT based system because the Quantum Financial System is Gold backed & Iraq has massive amount of Gold reserves & if it happens than IQD Revalued price will be much more than the expectations, we will see 70% increase in value of IQD.

 

Since when iraq become WTO mmbers???

[cjdavid]

So then..according to some of the gurus, anywhere between 5-27 USD is where they need to come out. 😏😬

[BETTYBOOP]

1 hour ago, cjdavid said:

So then..according to some of the gurus, anywhere between 5-27 USD is where they need to come out. 😏😬

Get it correct... those figures are where the float starts!! 🤣🤣

[cjdavid]

3 hours ago, BETTYBOOP said:

Get it correct... those figures are where the float starts!! 🤣🤣

Thanks for the correction. I am still looking for a hot dog stand outside the bank. 

[yota691]

14 hours ago, Stabstones said:

Since when iraq become WTO mmbers???

They haven't this is the rumor and post lies section of DV..

 

The Lord hates Gossip and Lies

 

Romans 1:29; 2 Corinthians 12:20 – Both differentiate gossip from slander and condemn it as the result of a depraved mind, unfitting for Christians.

 

These posters doing the devil work!! 

 

Just reality...