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Dinarland Highlights – 5.23.26
Bruce (The Big Call)
[via WiserNow]
…Information says that we would get notifications Saturday night, late, like before midnight, or Sunday morning early, like two 3am…Then we got another piece that said Tuesday…Now I was interpreting that to mean that we would get notified late Saturday night or early Sunday mornings – set appointments over Monday. Start our exchanges Tuesday. Okay, there’s our three day weekend…realistically, I don’t know that that’s a requirement, but…I think we need a three day weekend…
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Ross
Article Quote:
“Kurdistan Region PM Masrour Barzani on Thursday received Bakr al-Samarrai, special advisor for Iraqi PM Ali al-Zaidi, where the pair placed emphasis on developing coordination between their governments and resolving outstanding disputes…”
HCL is the “elephant in the room”. If we are about to witness unstoppable lightning-speed progress toward the revaluation of IQD then I would expect this meeting with the KRG PM to be fruitful. HCL requires a new rate, a new rate does not require HCL. Keep that in mind as you watch the progress of HCL versus the progress of Iraq’s banking sector and budget.
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MarkZ
A lot of people are betting on this weekend. I don’t know where it’s going to go this weekend. My contacts trained at wealth management are on call [Saturday] but off on Monday. They also told them they can change that at any moment.
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Jeff
The government is done. Now they’re ready to revalue…I don’t think there’s any more delays in this.
Question:
“Do you think it will be a reinstatement or managed float?”
It’s going to be both. It’ll come forward as a managed float after the reinstatement.
I think it’s going to be a reinstatement. Here’s why. You have to look at what devalued the currency, US sanctions. When US sanctions were applied on Iraq, that brought the currency value far down…So what happens when you take the sanctions off? It reinstates. It goes back to where it was back in ’03…$3.22…I‘m more around the $3.80 camp…around there.
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Reset Intelligence
When the CBI announced the move from 1,460 to 1,300 on February 7, 2023, it e******d overnight on a single announcement. The mechanical capacity to reprice exists. What has been missing is the architectural readiness to do it without losing control of the parallel market response. That architectural readiness is what 2025 and 2026 built.
Iraq is not devaluing the IQD or reducing its citizens’ purchasing power. What they are building says the exact opposite.
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MilitiaMan
The diversification that Iraq has attained over the last three years under Al-Sudani has been amazing and set the stage. They couldn’t do this all overnight. They had to have things in place…
The fundamentals are improving in Iraq and the system is ready for bigger monetary steps. That’s what they’re doing. They’re making sure everybody understand what they can do is plausible but they have plausible deniability that they didn’t tell you this [RV/RI] was going to happen because a lot of people are going to be shocked. The people that are in the parallel market are going to be really shocked.
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Stephen (Dinar For Dummies)
We are simply waiting and speculating and trying to figure out when is the revaluation of the Iraqi dinar going to happen? What is the rate going to come out at? Is it going to be 50 cents, 10 cents, a dollar, $3.70? It’s sometimes fun to speculate…2026, I think there’s a high probability and strong argument we could make for it happening this year…I believe the most optimal month for the dinar revaluation is going to be in August…
The Iraqi dinar is going to revalue. I believe we are very close to finally seeing it happen. But that doesn’t take away that this is a very lonely journey. Most people don’t believe in this. I don’t talk about the Iraqi dinar with anyone…I have people in my life, family members, that think it’s a joke. I have a family member who is a bank manager and he doesn’t believe in it. He’s like, “No, it’s foolish. It’s not real.” And that’s okay…It takes a great deal of faith to invest in a war-torn country that is not a d********c country…filled with c********n…
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Thom
Vietnam [VND]…I anticipate it will grow in value over a year or two.
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Sandy Ingram
Currencies on the open market move constantly based on supply, demand, exports, interest rates, economic strength, political stability and investor confidence…There is no true global market price for the IQD…The IQD is an exotic currency…
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Frank26 (KTFA)
There is a paradigm shift that is occurring inside of Iraq because of the dynamics of the monetary reform that will lead to the explosion of the economic reform…
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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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