Dinarland Highlights for January 23, 2017

Dinarland Highlights - 1.23.17

wmawhite


Article:
“Class US site of the Iraqi currency [dinar] at the bottom of the strongest Arab currency arrangement.”

Quote:
“According to the order published on [howmuch.net] the US, the GCC currencies were among the strongest Arab currencies, are bottom, including Iraq…"

…the Iraqi currency [dinar] at the bottom of the strongest Arab currency arrangement. Folks,...ask yourself why does this particular short article appear in an on-line business publication that out of all of what is happening in the ME it points out this?
______________________________________________________

BGG


[Anyone have any idea why the CBI hasn't updated their exchange rates on the web site since the 4th? Seems kinda odd.]

…no one has any idea. Longest stretch in the last 5 years they have not updated.
______________________________________________________

Breitling


…Never has there been 50 Trillion dinar in circulation…this is not an opinion... The market responds to how these people [Sunni, Shia Kurds] treat each other. I understand that. But they are going to add value to their currency anyways. That is one of the tools they want to use to try to bring everyone together…to accomplish that hey have to establish a financial base so people don’t get desperate and make these proxy wars. Hopefully. That’s what they’re thinking. The Sunni and Shia are not in competition where one wants to add value to the currency and the other one doesn’t. Or even the Kurds. They all want value to be added….when it comes to currency and the markets…there is no differences of opinion about that. They just argue about who gets to rule what. Iraq is a fantastic opportunity. That has not changed. Every trend in the market…on how a currency goes up, Iraq is doing it…zero hype.
______________________________________________________

RayRen98


We are getting blow-by-blow updates about Mosul; we understand that eastern Mosul has celebrations, with northern Mosul tagged to be completed by yesterday. There was a large offensive in western Mosul, too. The updates say that Mosul is already celebrating, although the northern and western areas are not completely liberated. On Iraqi television, they are telling citizens that any minute now they will have Mosul completely liberated. There are now 27 banks actively dealing in dinar, for those who say this is a scam. You already know about the Iraqi embassies being notified for a currency value change, we just don’t know when. This could very well be The Week, although certain things still need to be made public. But it’s looking good, sounding good, and I’m feeling good about where we are.
______________________________________________________

jaxjags


Concerning the appreciation of the IQD, I have no idea exactly how it will appreciate. However, I believe the CBI will be aggressive in its pursuit. The CBI stated in numerous articles starting back in November 2016 that the 50, 100 and 200 IQD notes would appear in early 2017. Of course, that is a forecast of "need" concerning those notes, NOT a forecast of "value" of the currency.

To me, the CBI would never make it known that those notes would have a place in the market place unless they believe the "market conditions" will change in the near future. Again, IMO, we are close to seeing an aggressive move on the part of the CBI to let the IQD find its true value...whatever that may be.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru