Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
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BGG:
Article:
"The private sector contributes to increase the value of the dinar"
Quote:
"noting that it was an urgent necessity that the country is about to increase its exports of crude, Baidhani called finally to revalue Iraqi dinar increased purchasing power because of its profound impact on the development of economic reality and give additional force to currency [and] strengthen confidence among the world’s currency markets, especially that [the] dinar is covered by a cash reserve to be reckoned with."
This is the HUGE NEWS of the WEEK!!
This same economist was on Iraqi TV right after this was published and saying essentially the same thing.
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tman23:
Note;;
that by orders of the CBI to the Department of Commerce...All registered "financials" to cancel holiday (working Friday and Saturday"s) to complete financial transformation...END.
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Stryker:
QUOTE:
"Prime Minister Haider al-Abadi, transfer of powers of the eight ministries of service to the provincial councils"
If this is true Iraq has a REAL power sharing government with power given to the provinces.
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Millionday:
THE HCL IS VERY IMPORTANT DUE TO THE FACT THAT THE LARGEST % OF REVENUES ARE OIL IN IRAQ -- SO IT WILL BE FUNDED BY MOSTLY OIL FOR A WHILE UNTIL THE PRIVATE SECTOR GETS ROLLING AND PRODUCING TAXES AND FEES AND ALL THAT WILL BE REVENUES FOR THE COUNTRY.