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Dinarland Highlights – 5.17.26
MarkZ
[via PDK]
I have another contact that I believe is already sitting on money. I believe things could all break loose [this] week.
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Freedom Fighter (Goldilocks Global Banking News)
Iraq’s Central Bank governor says they are coordinating a “huge plan” that will “change the whole sector.”
• Banking sector transformation
• Electronic payment expansion
• Nationwide cashless transition by July 2026
• Major financial sector modernization
Structural changes expected to impact the Iraqi dinar and Iraq’s banking system…These are direct statements from Iraq’s central banking leadership and ongoing reform framework.
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Thom
Question:
“Do you think the HCL will go first or the rate? What is an estimated timeframe on the HCL?”
I think the new REER will be announced BECAUSE of HCL. And HCL was made a priority in order to get the Kurds involved in the new gov’t, so I expect it to go sooner rather than later…
Question:
“Is there any information on the estimated price of IQD and VND?”
I think IQD will be over $3.22 (likely over $4 imo), and VND will likely be a float (a very fast moving float when it goes). My opinions based and what I have researched.
Question:
“What is your gut feeling this will go 2026?”
No one knows the date. We can speculate all day long. However, in my honest opinion, based on the things I am reading, hearing and witnessing, my gut says that there is a very strong chance IQD goes this year. And VND in Sept if everything stays on track. IMO
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Stephen (Dinar For Dummies)
Since 2003 the government has never formed before the deadline. Ever. Iraq is very good at pushing things back… Nothing ever gets done on time. They push it out, push it out, push it out. This is the first time in 23 years that Iraq has actually met a constitutional deadline, which is such a big deal. Something is happening. Things are happening behind the scenes. Things are moving. This isn’t hype. This is factual information that we’re looking at. If you are a dinar holder you cannot look at this in a negative light in any way, shape or form.
We’re a very small group of people but I believe in the near future we are going to be one of the most powerful groups of people…
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Clare (KTFA)
Article:
“Al-Hilali reveals details of the US deadline for Al-Zidi’s government: six months for evaluation and another to decide on support”
Quote:
“Prime Minister’s advisor Ayed Al-Hilali as saying that Prime Minister Ali Al-Zaidi is required to make very significant changes in order to implement what he described as the United States’ conditions …Washington gave Al-Zaidi an initial six-month grace period to assess the performance of his government…American support would not be free, but rather linked to the existence of a political and executive quid pro quo for this support.”
Article:
“Exclusive: US warning: Iraq has only five months’ worth of ‘financial buffers’ to avoid “the mother of all crises”
Quote:
“In remarks made during economic discussions at the Iraq Dialogue Day at the Atlantic Council in Washington”
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Samson
Article:
“JAPAN AFFIRMS ITS SUPPORT FOR THE AL-ZAIDI GOVERNMENT AND THE PROMOTION OF STABILITY IN IRAQ”
Article:
“MAHMOUD OTHMAN : AL-ZAIDI WILL VISIT AMERICA AND IRAN … AND HIS ECONOMIC EXPERTISE IS NEEDED AT THIS STAGE”
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Omar
On the television we have our prime minister Zaidi. He said we’re going to start the next phase. We will see the launch of a “comprehensive economic and financial reform program” that will strengthen our national partnership and focus on improving services and fighting c********n…He said financial reforms can lead to giving the dinar more real value. But he said only if Iraq actually executes the deeper structural monetary reform behind the scenes…The type of reforms Zaidi is talking to us about are the same one that required before any currency can strengthen.
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Jeff
As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar. IMO when Iraq revalues the US Treasury will remove Iraq from the OFAC sanctions list at the same time.
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Pimpy
What is going on in Iran is huge for Iraq. The oil prices going up hurts us here locally, but it benefits Iraq. Remember I told you they had to have a barrel price to around $70 per barrel. It’s way above that.
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Sandy Ingram
Iraq’s parliament has approved the new government led by the prime minister al-Zaidi. But political divisions prevented lawmakers from reaching an agreement on several cabinet positions. Only 14 ministerial nominations out of 23 posts were approved on Thursday and they’re still fighting/”negotiating” over who will hold the other positions...
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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