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Dinarland Highlights – 6.16.26
Mountain Goat
I am not setting a date only telling you the evidence is stronger and SECURITY and STABILITY levels are increasing from just a few months ago. This new administration in Iraq, once fully seated, could make a huge difference and continue on with what al-Sudani accomplished and move the effort to the finish line. Remember that Al-Sudani told us that the dinar would be stronger than the dollar…
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Bruce (The Big Call)
[via WiserNow]
…We’re assured to get a contract rate on the dinar if you go into the redemption center. It’s not available in the banks…so redemption center is the ticket for…those that have dinar that want to get the highest available rate, which is what President Trump set up and contracted for Iraq…we did hear an approximate in country rate for Iraq on the Iraqi dinar…Iraq was going to revalue their currency again, and it was going to be just a little over six, so we’ll see.
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Reset Intelligence
One day after the US and Iran put their names to a deal, Washington flies its closer into Baghdad. Special Presidential Envoy Tom B*****k walks the oil, the cabinet, and the revenue file toward a close. The real question is why Washington cares this much about one country in particular…Washington does not move this h*****n a country it holds no stake in…Washington is there for the monetary result…A new financial system needs this last piece fixed, and whoever is holding the dinar when the rate flips gets paid.
Over the weekend the war with Iran ended…On the day the sky fell quiet, Iraq turned both of its oil routes back on. That one move is the first domino. The money comes in, a cabinet gets seated to spend it, a budget gets written to hold it and the new rate has been sitting inside that budget the whole time…
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Clare (KTFA)
Article:
“Al-Zaidi at the White House in mid-July… Iraq and America reaffirm strategic partnership”
Quote:
“Barak conveyed President Trump’s desire to receive the Prime Minister at the White House in mid-July to discuss the future of this relationship.”
Article:
“Al-Zaydi’s advisor told Kurdistan 24: There are no plans to raise the dollar exchange rate“
Quote:
“An advisor to the Iraqi Prime Minister denied all reports circulating about the government’s intention to raise the exchange rate of the dollar against the dinar to address the current financial crisis. He indicated that although the closure of the Strait of Hormuz has significantly harmed the country’s revenues, the government will not resort to increasing the dollar’s value.“
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Frank26 (KTFA)
Z is coming to talk to Trump about investment opportunities. Anyone that thinks we want to invest at 1300 needs to get serious...He’s coming to report with number and specific words. If he doesn’t accomplish that, I feel bad for Iraq. I feel bad for us.
I remember almost 18 years ago, the first thing I said on the internet was the day you see the HCL, nanoseconds later, you will see the new exchange rate. It looks like this my be what is soon to happen between now and July 1st.
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Terrence
[Central Bank/International Bank Regulator]
I got into the Iraqi dinar only in 2024…What I saw prior to getting into the dinar was the case for why I think the Iraqi dinar is really on the precipice of being able to revalue very soon.
QUESTION:
“What made you say okay this is something …that has potential?”
Rafidain bank…I regulated them around 2017/2018. What I found was a bank that was dilapidated…It was almost like going back to prehistoric times…a general ledger system which was literally a notebook where debits and credits were entered…I had firsthand knowledge of…what dilapidated bank the central bank was in as well. Fast forward to now, there’s been all kinds of great, incredible reforms that have been taking place in Iraq, particularly the banking system. Back in 2024 someone approached me about what would the central bank need to do in order to become compliant.
I assembled this knowledge for him. He was trying to bid for a due diligence contract to identify the gaps that were in the CBI’s governance framework which will be used to bring the banking system into compliance…He told me the United States Treasury had given the Central Bank of Iraq a mandate to get your house in order…From what I understood, this was real…Once I started looking at what they were trying to build out and then also looking at the natural resources in the country…If you look at the valuation of the minerals that are in the ground, then the asset value, the price of the Iraqi dinar just doesn’t make any sense at all. It’s drastically undervalued. But with the banking system being reformed, first you lay the pipes, you learn the rail, then you turn on the water. What I saw happening is all that groundwork, the rails and piping were being put in place. Once that’s there it’s just a decision when to turn on the spigot. That’s what I saw happening…which I think makes the use case for revaluation hopefully in the near future.
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Jeff
Banking reform…is waiting for the rate to change…Attracting investment is waiting for the rate to change…The private sector must play a larger role, again, need the rate to change for that. Everything in Iraq right now is waiting for the rate to change. That’s why it looks like absolutely nothing in Iraq has happened in this month of June or since the new PM has come in. The new PM cannot do anything till the rate changes.
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MilitiaMan
The United States-Iran agreement is a significant positive tailwind for the country of Iraq. It supports my outside the box thinking that things could move faster than most conservative timelines even suggest…We see all kinds of wonderful things taking place …All of this taking place creates an environment t that makes a managed REER in the coming weeks, months, even more feasible and well timed…
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Stephen
The current central bank governor is butting heads with the new prime minister because the new prime minister Kaidi is wanting to increase the purchasing power of the Iraqi dinar and the current central bank governor was threatening to resign…It seems like they are at odds. I personally believe we’re going to see a replacement of the central bank governor most likely in the next 30 to 60 days. Maybe sooner.
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Sandy Ingram
There are spiritual…religious…internal…rooted…global reasons that the Iraqi dinar has not adjusted. We are dealing with ancient history here. Yes, we’re having to deal with banks reforming and being able to talk internationally to other banks. We’re dealing with Iraq coming up to standards…Yes we’re dealing with all that. That can be done in a very, very, very short period of time based upon what we are learning about the abilities of artificial intelligence…
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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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