Dinarland Highlights for September 9, 2026

Dinarland Highlights – 9.9.26

MarkZ

Banks and Wealth managers believe we are so close…its rumored they are actually setting tentative appointments. I have heard some of the banks are prepared to do SKR’s… This is to get people in and proofed…Think of a SKR as a deposit slip. It’s like when you deposit a check and it hasn’t cleared yet…you can see the deposit…but can’t spend it yet…SKR is basically the same thing as “pending”…They want to lock folks in to dealing with their banks. 

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Mountain Goat

…I have to say the news just keeps getting better and better…When can we expect the CBI to make a decision on their move of removing the zeros? This should happen any day now. One day you will read it…and this is not too far off. I was told by my CBI contact that a committee has been set up months ago to study the issue of the feasibility of coming up with a start date… a draft law was already sent to parliament on this effort to review and pass so they can begin the  process...this project to remove the zeros…is moving ahead…to an advanced stage of…determining a date to begin and then announcing it to the public. 

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Stephen

[My contact in Iraq update]

STEPHEN: Are citizens excited?  Are they aware what’s going on?

IRAQI CONTACT: Right now all the focus is on September 30th.  That’s all the people are talking about.

STEPHEN: That’s the date the US military is supposed to leave and Iraq is supposed to regain its full sovereignty.  Why is that so important to the citizens?

IRAQI CONTACT: It’s the date that will make or break the government.  All the militias have to hand over their weapons on or before this date…Most of them…refused to hand over those weapons.  The government has already implied they might be clashing with those militias if they refuse to do so…Iran is pushing them to stay…Zaidi is powerless. He has no one to back him up.  This parliament mostly consists of militia affiliated members or supporters.

STEPHEN:  Do you think they will increase the exchange rate soon?

IRAQI CONTACT: We have to wait until September 30th…

STEPHEN: When we get to the 30th of September, they’re not going to fail.  That’s not going to happen.

I’ve been holding on for 15 years and I can finally see the light at the end of the tunnel.  There’s a lot getting done.  The last 6 months have been absolutely revolutionary.  We are in a period of acceleration.  The only way you would not be able to see that is if you have blinders on.  It’s exciting times that’s for sure…  

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Jeff

The HCL was drafted but never sent to parliament for approval clear back in 2007 and has been pending ever since because it’s been waiting the entire time for the rate to change.

Question:
“What is the argument against a managed float?”

It can’t float. The budget is calculated off of a fixed currency value.  That’s the reason it can’t float.  If the value of the currency was to change by 20% or more the budget would have to be re-amended and re-approved with new calculations.  They’re not going to keep amending and re- approving the d**n budget over and over to do a float.    

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Sandy Ingram

Finance Committee discussions with the central banks’ governor include three subjects: printing new currency, deleting the zeros and introducing new denominations…A finance committee member reportedly said there is discussion about introducing currency denominations smaller than Iraq’s existing 250 dinar note…This does not mean Iraq has approved a 100-dinar…50-dinar…25-dinar notes or any small denominations are about to be released.  At this point no values below 250 dinars have been officially announced and there has been no official announcement that these smaller denominations have been approved for circulation.

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Reset Intelligence

[Iraq’s] Cabinet amended its own Decision 348 to authorize the Oil Ministry to sign three agreements with Chevron: an advance payment arrangement, a crude supply deal, and a technical consulting contract…Dollars now. Barrels later. Trust, in writing.  There is an old rule in commodity finance, and it has never had an exception…: you prepay only the supplier you trust to deliver. Nobody wires money up front to a country whose books they cannot read, whose banks they cannot trace, whose cargo might never clear a port. For 20 years that country was Iraq. So today we…look at what it means when the most careful money in the oil business decides Baghdad is safe to pay in advance. Because that decision landed 6 days before the document that should price the new dinar into law.

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Terrance

When we go on exchange day and revalue day, we’re going to give that money to say Bank of America.  Bank of America is going to credit our account with dollars and then Bank of America is going to put that in their vault until they accumulate a certain amount of dinar and then they’re going to sell that dinar to what’s called a wholesale currency bank. The way the bank makes money is…a spread on the rate…What that currency wholesale bank is eventually going to do is fly that money back to Baghdad and sell it to either a commercial bank in Iraq or the CBI…The reason why [banks] won’t accept the dinar now is because it’s not tradable.  It needs to be tradable in order for this loop to happen.

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Frank26 (KTFA)

Once the sanctions are removed, once they are freed from sanctions, they are completely sovereign with a completely sovereign currency.  Because of that sovereignty, they can go on Forex.

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MilitiaMan

A REER adjustment is a managed change in what the dinar is really worth against the currencies Iraq trades with…It’s not printing [additional notes].  It’s not knocking zeros off a note.  It’s not a lottery  ticket…The official nominal rate – The central bank posts how many dinars buys $1.00…When people say, ‘They moved the rate’  that is the lever they pull.  

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Guy

For those of you who lost receipts, never got one or the receipt faded, create a statement.  The statement says, on such and such a date [I purchased x amount of dinar].  You can just put the year…They don’t have to know the exact date as long as it’s more than a year ago.  The bank is going to inspect your notes regardless.  They’re going to certify them.  They’re going to authenticate them.  They’re going to prove they’re not counterfeit and they’re the real deal.  And then they’re going to convert them.  Why is the receipt important?  Because the bank is obligated to report a taxable event to the IRS…  

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David

The sovereignty of Iraq comes down to one simple thing – control over their social order and peace in their country.  No one wants to handle their business on a day-to-day basis…The United States and the rest of the coalition and the banking system do not want to expend any more treasure or b***d or time over Iraq. The want Iraq to be self-sufficient.   That’s what sovereignty means.

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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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