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Baghdad Is Hiding the Date
By Reset Intelligence | @EXIT_FIAT
Iraq cut the IQD to 1,500 on October 7. Iraqi-press channels now report what comes next: new banknotes, with the zeros off.
The start date is being kept secret, so that illicit cash cannot move first.
The hidden date
The report rests on people with knowledge of the plan. They say replacing the currency may begin within a few months, and should not run past the first quarter of 2027. They believe at least $200 billion sits with c*****t figures, and that making every note pass through a bank is how the state gets to see it.
It is a single report. The timing is for exchanging the notes. What the dinar will be worth is a separate decision, and that one belongs to the Central Bank.
What moved over the weekend
• Dinar only – the Prime Minister’s financial adviser, Mazhar Salih, described a government direction to adopt the dinar in transactions inside Iraq.
• The hidden cash – Iraq has printed 107 trillion IQD. About 40 trillion of it moves where the state can see.
• The street – Sunday closed at 164,350 IQD for $100 in Baghdad, against the bank’s public price of 152,000.
• The small trader – the Central Bank is preparing foreign-trade cards for small merchants.
• XRP – Evernorth, holding about 473 million XRP, is due to begin trading on the Nasdaq under the ticker XRPN.
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• Washington – the US Treasury Secretary is skipping this week’s IMF meetings, with Judy Shelton now advising him on currency policy.
• The budget – Iraq’s 2027 budget is due in parliament by Thursday.
The question
Why would Iraq do all of this if the dinar was meant to sit at 1,500? And if the date is being kept from Iraqis themselves, what should a holder do about it?
That is the short version. What a hidden date tells you about timing, what is arriving beside it, and what it means for the notes you hold – that is the daily read.
Read the full daily briefing free for 5 days. Sign up here: the daily Iraqi dinar briefing
Want it straight from the horse’s mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: The CBI Rate Alert
Got a dinar question? Reset Intelligence runs an on-call research assistant: ask it anything they have published. It answers in seconds and will conduct deep research to find you the answer. Try it: the Iraqi dinar research assistant
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Common questions, answered straight: When will the Iraqi dinar revalue? and Is the Iraqi dinar revaluation real?
The design behind all of it is mapped in Head of the Snake, and the free guides live in the Iraqi dinar resource library.
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