News, Rumors and Opinions Monday 10-19-2026
Swisher1776: Incoming RV for Iraq
10-18-2026
INCOMING RV: CBI INTRODUCES ELECTRIC SYSTEM FOR REPLACING DAMAGED CURRENCY
The Central Bank of Iraq has introduced a new electronic system for replacing damaged currency, as part of its efforts to simplify procedures and make it easier for citizens to access this service more quickly and efficiently.
The system allows citizens to submit requests to replace damaged currency electronically via the “Aur” platform, by entering and confirming the required data, and the competent authorities in the Central Bank of Iraq will complete the necessary procedures to complete the replacement process.
The introduction of this system is part of the Central Bank of Iraq’s drive towards digital transformation and improving services provided to citizens. This aims to simplify procedures, reduce time and effort, and enhance the efficiency of banking services offered to the public. Citizens wishing to benefit from the service can submit their applications through the electronic platform via the link below: https://currency.app.cbi.iq
Instructions for replacing damaged currency can be found at this link: https://cbi.iq/page/86
IQD RV: IRAQ COMPLETES FIRST INTERNATIONAL TRANSIT SHIPMENT
The General Authority of Customs announced the arrival of the first international transit shipment from Turkey to the UAE on Iraqi trucks, a significant achievement in international trade.
IQD RV: IRAQ MOVES TOWARD IMF FINANCING PROGRAM
Iraqis face the prospect of heavy economic measures as the government moves toward the International Monetary Fund for a financing program, with the proposed reforms touching on sensitive issues affecting salaries, taxes, and fuel and electricity subsidies, raising fears of new living burdens on citizens.
IQD RV: US TREASURY LIFTS SANCTIONS ON IRAQI EXCHANGE COMPANIES
The U.S. Treasury lifts restrictions on a number of Iraqi exchange companies
ON YOUR MARK. GET SET. GOOOOOOO
Source(s):
• https://x.com/swisher1776/status/2111737215357231309
https://dinarchronicles.com/2026/10/18/swisher1776-incoming-rv-for-iraq/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Out of the 32 sanctioned banks the first group of 7 has now met all of the required criteria and conditions and has no legal or technical obstacles. The process of returning these banks to financial activities will be carried out in 3 successive phases. Phase 1: Resumption of foreign remittance in currencies other than the US dollar. Phase 2: Resumption of financial transfers in US dollar. Phase 3: Opening bank account with trusted global banks such as Citi-Bank and JP Morgan.
Frank26 These are the four things I'm looking for between now and January 1st...It's my hope they occur at the same time because we want that 4-head-on-collision. 1. The lifting of the 3-zeros. 2. The redenomination and introduction of the lower notes. 3. The budget being finalized by parliament. 4. Open the budget and start with the HCL. If we can get these 4 things to happen all at once then both sides win...I believe they're using October, November, December to get this done for January the 1st.
Thom When they dropped the rate down to 1500 I watched everyone freak out. The first thing that came to mind was this is a brilliant move to get rid of the parallel market. Then the next day the parallel market people dropped it even lower. It's a race to the bottom. Then you have all the people freaking out furious starting to protest against the government...I do believe it is necessary for the parallel market to go away in order for us to have that massive revaluation.
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