News, Rumors and Opinions Tuesday 6-9-2026
Majeed KSA: Iraq to Introduce a New Currency
6-9-2026
Iraq’s government and the Central Bank have set mid-2026 (around July 2026) as the target for eliminating cash transactions within government institutions and moving government payments to digital systems.
Government institutions have already adopted electronic payment systems for collections and payments.
The Central Bank is building national payment infrastructure, including instant payments, a national payment switch, and government payment gateways.
Digital wallets, bank cards, POS terminals, and online government services are expanding rapidly.
That said, a fully digital economy where most citizens, businesses, and government services operate digitally with minimal cash use.
And yeah, don’t worry your cash will be exchangeable with the zero calculated during exchange.
IRAQ Introduce of New Currency •CBI strategic PLAN initiatives 2024-2026: Improve the quality & structure of Iraqi CURRENCY 8. Introduce NEW issues of high quality CURRENCY to reduce impact. 9. Establish a lab to examine currency. 10. Automation of ca$h operations (counting & sorting). CBI news today: •The Central Bank of Iraq, Erbil branch, held a special training program entitled "Developing the skills of counting and sorting employees" for the employees of the issuance and safes department in the branch. https://cbi.iq/news/view/3218
Source(s):
• https://x.com/majeed66224499/status/2064084042119815445
https://dinarchronicles.com/2026/06/09/majeed-ksa-iraq-to-introduce-a-new-currency/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram The $900 [approved World Bank financing trade routes] enable Iraq to increase its GDP. Current rate doesn't automatically go up just because the GDP goes up, but the currency exchange rate can't go up if the GDP doesn't increase...
Reset Intelligence Look at who just told the world he is getting on a plane. Al-Zaidi, prime minister of a country that cannot make payroll, its oil chocked off, and its central bank printing to cover the gap, has confirmed he will fly to Washington with a delegation behind him. The cover story is investment and reconstruction...A bankrupt oil state does not fly to Washington to talk business it cannot fund...
Ross Iraq is in a transition year due to the Iran War. New leadership. New cabinet. Reforms loading. Liquidity tightened.HCL and diversification from oil just became urgent. CBI isn’t bending. They’re enforcing their mandate and forcing real fiscal discipline. ...After 23 years of waiting, this is the fastest things have moved. IQD RV thesis is stronger than ever before.
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Sound Money Hour with Lynette Zang and Daniel Diaz
6-8-2026
Join Lynette Zang, Founder and CEO of Zang International, and Daniel Diaz, Executive Director of Citizens for Sound Money, for Sound Money Hour—a monthly livestream covering the economy, sound money legislation, gold and silver, financial freedom, and the latest developments shaping the monetary system.
Each month, Lynette and Daniel discuss current events, answer audience questions, and share practical ways citizens can get involved in advancing sound money initiatives at the local and state level.