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Dinarland Highlights – 8.2.26
MarkZ
[via PDK]
There are rumors that some Whales have started processing in Reno but I cannot confirm them. But there are so many rumors running around right now….
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Ariel
The WTO accession timeline is critical. Iraq’s Working Party at the WTO…has been finalizing tariff schedules and trade facilitation agreements through 2026… When Iraq enters the WTO as a full member with ASYCUDA operational its trade settlements need a currency that functions at international par value. You cannot settle WTO-compliant trade with a currency carrying three phantom zeros. The redenomination is a prerequisite for accession not a reward after it.
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Stephen
Everything is hinging on the Central Bank of Iraq changing the rate. That’s what we’re all speculating and hoping for. If there are deadlines or compliance deadlines they are trying to get finalized that’s a big tell for something coming in the near future. Article: “Iraqi banks accelerate US compliance measures” The US Treasury and Central Bank are working in accordance with each other to get these compliance measures finalized…It’s reported that Iraqi bank employees are working 12 hours days to meet certain deadlines. Quote: “Iraq private banks are in an all out sprint to meet new compliance requirements set by the Central Bank of Iraq and the US Treasury.” Iraqi banks are up against tight deadlines which is good for us…I’m excited from everything I’m seeing.
At the end of the day…you’re responsible for your own decisions…If you take advice from the wrong people and you lose it all, you’re going to have no one to blame but yourself…
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Jeff
Article:
“Will the the federal government Remove Three Zeros from the Iraqi Dinar?”
The perception of that goes two directions: You have what’s going to happen inside Iraq and outside of Iraq…They say in the article two currencies will exist together at the same value. A 25,000 note and a 25 note existing together at the same value. If the value of [a dinar] against the dollar is $3.00…The multiplier is three because it’s a $3.00 value. 25,000 becomes $75,000. 25 becomes $75. That’s outside Iraq. Inside Iraq…you have what dinar could purchase before the rate change and what dinar could purchase after the rate changes. Before the rate change a 25,000 dinar note could buy a bag of groceries. After the rate change, the 25 note could buy that same bag of groceries…This article is telling you a redenomination is going to occur…in country, not outside the country…
Question:
“Why is it so hard to find a bank as of right now to take IQD?”
Because Iraq is under OFAC sanctions. You have to go to brokers…Maybe CitiBank and I’ve heard of maybe one other bank right now that sell Iraqi dinar, but most of the basic large banks in the United States do not exchange the Iraqi dinar because they are under US OFAC sanctions. Do not go into banks asking them about the Iraqi dinar. They’re going to kindly tell you to exit their facility and get out. It’s a waste of your time. Don’t do it.
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Fnu Lnu
[Response to Guru Jeff’s 7-29-2026 FOIA post]
That was my group…I FOIA’d [Freedom of Information Act] everyone and got some pretty shocking info. The F*I shut that site down…I asked if they were involved in the exchange and they said no. They denied everything. This was the big banks. Jaimie Dimon was a real a*s and put a n***y note in his response. Turns out the UST and the State Department both had IQD. 20 trillion in UST and 12 trillion at State Department.
Didn’t say why the State Dept had IQD. I was told the IQD were obtained through Currency Swaps…The first two batches were at a rate of 4000 to 1 USD. Some early investors bought at that rate too. They have already tripled their money which is why there are so many private “whales” now. I FOIA’d about 20 or more institutions …Every FOIA was a denial except the UST and SoS (Secretary of State). If I remember correctly, it was 2010. There was a lot going on at the time. The F*I contacted me…They requested I take the site down…It was private and members had to be invited…They [the F*I] were very unhappy with the site.
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Samson
Article:
“WASHINGTON BEGINS WITHDRAWING ITS LAST TROOPS FROM IRAQ AND KURDISTAN, ENDING ITS MILITARY PRESENCE”
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Reset Intelligence
Do Baghdad’s two empty [cabinet] chairs get filled first with the Iraqi militias disarming after or do the weapons go first and the cabinet forms behind them? Gaza runs one way the armed movement hands over its weapons under supervision and only then does a new government step onto the ground it leaves. The weapons go first and authority follows. Our read is that Baghdad runs in that same order and the two chairs stay empty for exactly this reason. Nobody is handed Interior and Defense, the seats that decide who commands Iraq’s guns until it is settled whose guns still exist. The disarmament is not the obstacle standing in front of the cabinet it is the thing that has to clear before the Iraqi cabinet can mean anything at all.
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Omar
On TV…they said it was a redenomination. That word was used a lot…They said because it is a redenomination we citizens inside of our country, wouldn’t lose any money but it won’t be any value gained. It would be more of an accounting process. They said beware of any words you hear about a revaluation…That’s why they were talking about the deletion of the zeros…They won’t let everybody know about the examples outside [Iraq]. They’re talking to us about the examples of in country.
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Sandy Ingram
Iraq continues to implement banking reforms, expand non-oil revenues and improve its financial system. While no official currency adjustment has been announced investors are watching closely for continued economic reforms and any announcements.
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Frank26 (KTFA)
Question:
“If an Iraqi citizen has 10 million IQD will they be worth 10 million USD?”
No. Iraqi citizens are not going to experience anything like that. I know it’s difficult for you to understand…Let’s pretend you have a 25K note. They’re going to make it a 25 note…They’re not going to take a pair of scissors and cut the three zeros out…They’re going to take the scissors and electronically cut the three zeros from the exchange rate…That’s $0.00085791 …That’s where it’s being lifted from. $0.86 that’s what they’re doing.
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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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