Iraq Economic News and Points To Ponder Thursday Morning 8-27-26
Despite Government Denials, A Member Of The Finance Committee Confirms The Imminent Removal Of Zeros From The Dinar.
Baghdad Today – Baghdad Jamal Kojar, a member of the Finance Committee in Parliament, confirmed today (Tuesday , August 25 , 2026) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing a new paper currency.
Despite Government Denials, A Member Of The Finance Committee Confirms The Imminent Removal Of Zeros From The Dinar.
Baghdad Today – Baghdad Jamal Kojar, a member of the Finance Committee in Parliament, confirmed today (Tuesday , August 25 , 2026) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing a new paper currency.
According to The New Arab Network, as translated by Baghdad Today, Kujer said, “The government believes that removing zeros from the currency will bring great benefits to the country, explaining that there are requirements with ‘international’ standards that will be achieved by removing the zeros, including the transition to electronic currency trading, which will bring benefits in terms of combating corruption and developing commercial trading,” according to the network.
He added that "the Iraqi market also needs small denominations for local use, which is not currently possible with the presence of zeros," stressing that "the main goal is to prevent currency smuggling abroad, and to limit its circulation outside the Iraqi banking system, and thus reduce corruption."
He explained that “all criminal activities in the world are carried out through money that is traded outside the country’s banking system,” adding, “The government may put in place safeguards that enhance transparency in financial transactions by digitizing the currency after removing zeros from it, which helps in the process of combating financial corruption.”
The network also indicated that "the Iraqi government received recommendations from international bodies, including the United States, to remove zeros from the Iraqi currency, arguing that this would help to strengthen confidence in the Iraqi dinar and thus contribute to attracting more foreign investments," while also confirming in its report that the Central Bank of Iraq "has not yet provided a timetable for implementing the process of removing zeros," as it described it.
It should be noted that "government statements issued earlier denied the existence of efforts to remove zeros from the Iraqi currency, after the Minister of Communications, Mustafa Sand, announced that there was a government intention to remove them." https://baghdadtoday.news/305203-.html
Al-Baiji: The New Iraqi Currency Is Ready... And The Law To Remove Zeros Will Reach Parliament Soon.
August 26, 2026L The Independent - The file of reforming the Iraqi currency has entered a more sensitive stage, after statements by the member of the Parliamentary Finance Committee, Mansour Al-Baiji, regarding the readiness of a new Iraqi currency, and the imminent arrival of the draft law to remove zeros to the House of Representatives for legislation and voting.
According to what Al-Baiji said in a television interview, the government and the Central Bank of Iraq have completed some of the technical preparations related to the new currency, noting that the value of the currency that was prepared and printed amounts to about $250 million, and that its release into the market will be linked to the approval of the legal framework by the House of Representatives.
These statements come at a time when the issue of restructuring the Iraqi currency has returned to the forefront of economic discussion, after years of studies and proposals that addressed the project of removing three zeros from the dinar.
But the importance of the current development does not lie merely in issuing new banknotes, but rather in the mechanism that the state will adopt to move from the current currency to the new currency, which is the point that may determine the success of the process or turn it into a source of monetary instability if it is not managed carefully.
From an old project to a potential legislative decision
The idea of removing zeros is not new to Iraqi monetary policy. The Central Bank of Iraq published studies in the past outlining a plan to remove three zeros, explaining that the process is of an accounting and organizational nature, and does not automatically mean an increase in wealth or purchasing power for citizens.
Official data confirms that the Central Bank is the legally authorized entity to issue Iraqi currency, determine its denominations and designs, and make arrangements for its issuance.
Therefore, talk of a new currency must be separated from the concept of raising the value of the dinar.
Removing zeros, in essence, means changing the unit of account for the currency. If three zeros are removed, an amount of one million dinars might become one thousand new dinars, while the nominal economic value remains the same if the transaction is carried out at a fixed conversion rate.
This means that a citizen does not become richer simply by changing the shape of the numbers.
Why does the project need a law?
The transition from the old currency to a new currency on the scale of the Iraqi economy cannot be merely an administrative decision to issue new banknotes.
The state needs to determine the conversion rate, the dual circulation period, the mechanism for currency exchange, and address contracts, salaries, deposits, loans, prices, taxes, and accounting and banking systems.
Therefore, Al-Baiji's statements acquire political and economic importance, if true, regarding referring the law to remove zeros to parliament.
The scenario suggests that the government may adopt a transitional period of up to two years to replace the old money with the new.
Economically, the two-year period seems closer to a gradual reform model than a sudden replacement model, as it gives banks, companies and citizens time to adjust their systems, accounts, contracts and cash transactions.
$250 million... what does it mean?
The figure mentioned by the congressman, which is $250 million as the value of the printing, needs to be read carefully.
The value of printing in dollars does not mean that the state will add $250 million to its reserves, nor does it mean that the value of the dinar will jump against the dollar by a similar amount.
According to statements attributed to the deputy, it is a cost or value associated with the process of preparing and printing the new banknotes.
The economic value of a currency is determined primarily by monetary policy, fiscal policy, the size of liquidity, reserves, inflation, economic activity, and public confidence in the banking system.
Herein lies the most important point: the success of removing zeros is not measured by the appearance of the new banknote, but rather by the ability of the central bank and the government to maintain monetary stability during the transition phase.
The central bank faces its toughest test yet.
The official website of the Central Bank of Iraq currently displays the banknotes in circulation and the legal frameworks related to the currency. The law also confirms that the Central Bank is the entity responsible for issuing currency.
This makes the central bank the key player in any large-scale currency replacement process.
If the law is passed, he will have to define practically:
The conversion rate between the two currencies.
New currency denominations.
Joint trading period.
Authorized banks and exchange centers.
Ceilings and mechanisms for replacing large sums of money.
Anti-money laundering and counter-terrorism financing measures.
The mechanism for dealing with cash funds located outside the banking system.
A plan to withdraw the old currency from circulation.
How to protect citizens from forgery and fraud.
The issue of large sums is of particular importance, especially since Al-Baiji’s statements spoke of a special mechanism for replacing old money, particularly large sums.
Why might two years be necessary?
If the new currency enters circulation, the biggest challenge will not be printing the paper, but managing the transition process.
Iraq has a highly cash-based economy, so withdrawing huge amounts of old dinars and replacing them with a new currency in a short period of time could create pressure on banks, exchange companies, and cash centers.
Adopting a transition period of up to two years could allow the process to be divided into stages.
From an economic standpoint, the state could begin by gradually introducing the new currency, while keeping the old currency valid for circulation for a specific period, then reducing its use until it is withdrawn completely.
However, the success of this mechanism depends on the transparency and clarity of the instructions for the public.
Removing zeros does not automatically mean an increase in the value of the dinar.
This point will be the most sensitive in the Iraqi market.
If, for example, the exchange rate before the removal of zeros reflected a certain value of the dinar against the dollar, then removing three zeros does not mean that the dinar has actually risen against the dollar.
The Central Bank of Iraq presented in its official data the price of the dollar at 1310 dinars per dollar in data published during 2026.
Therefore, renaming the monetary unit should not be confused with revaluing the currency.
The two decisions are completely different.
Removing zeros can make accounting, pricing, and financial data easier, but it does not by itself create new production, additional reserves, or an increase in purchasing power.
The real test: inflation and confidence
From a global economic perspective, currency reform succeeds when it is part of a broader program for financial and monetary stability.
However, if banknotes are changed without addressing inflation, budget deficits, or weak confidence in the banking system, the underlying problem will remain even if the numbers on the banknotes change.
Therefore, in the next phase, markets will be watching more than just the announcement of the new currency.
Fiscal policy will monitor the size of government spending, the growth of the money supply, foreign reserves, exchange rate stability, and the percentage of banking system use in payment transactions.
These indicators will be more important than the color or design of the banknote.
What does this mean for the citizen?
For the average citizen, the hypothetical scenario of removing zeros means that old money will not become worthless once the new currency is launched, provided a clear legal replacement mechanism is approved.
If the government adopts a two-year transition period as stated in the declarations, the replacement is expected to be gradual, in accordance with instructions issued by the competent authorities.
But citizens will need to be wary of the informal market, especially since any currency change usually creates a suitable environment for rumors and fraud, such as selling alleged banknotes as the “new currency” or claiming the existence of unofficial exchange rates.
Economic reading
If the law to remove zeros is indeed referred to the House of Representatives, then Iraq will have moved from the stage of study and discussion to the stage of possible legislation.
However, the process cannot be considered valid before the issuance of the law and official instructions from the competent authorities.
Here, a distinction must be made between three levels:
First: Printing or preparing new banknotes.
Second: Enacting a law that allows for the currency restructuring process.
Third: Actual implementation and currency exchange in the market.
Moving from level one to level three may take months or years, depending on the law and the timetable that the authorities will set.
The central bank itself, in the official pages we reviewed, did not publish any announcement specifying an official date for the removal of zeros or the launch of a new currency with these details. Furthermore, recent reports on the matter indicated that no implementation date has yet been announced. https://mustaqila.com/البعيجي-العملة-العراقية-الجديدة-جاهز/
Why Does Iraq Seem More Vulnerable To American Targeting And Pressure Than Other Countries That Deal With Iran?
Baghdad - One News - 8/26/2026 Although Iraq is not Iran’s largest economic partner, it appears to be one of the countries most exposed to American pressure tactics in the new economic campaign against Tehran, not only because of the volume of trade between the two countries, but also as a result of a more complex equation that combines Iran’s need for the Iraqi market, the Iraqi economy’s connection to the dollar and the American financial system, and the continued entanglement between Baghdad and Tehran in trade, energy, and financial transfers.
On August 24, the U.S. Treasury Department launched Operation Economic Paragon, announcing a campaign targeting the networks, facilitators, and financial channels that Iran uses to smuggle oil, circumvent sanctions, and obtain revenue, while expanding the risks of secondary sanctions to foreign entities that continue activities linked to Tehran.
Although Washington did not name Iraq as the primary target of the campaign, a Reuters analysis suggested that Iraq could provide a model for how the United States might use its influence to pressure Iran’s trading partners, particularly through the card of access to the dollar-based financial system.
Iraq's unique situation lies in the fact that Washington possesses leverage over it that it does not have with many of Iran's major partners. According to Reuters, Iraq holds more than $100 billion of its reserves in the United States, and its dollar oil revenues are primarily channeled through the Federal Reserve Bank of New York, giving Washington significant financial leverage over Baghdad.
Herein lies the difference between Iraq's situation and that of China, even though Beijing's oil dealings with Tehran are far more extensive. China possesses a massive economy, broader financial and trade tools, and a greater capacity to absorb pressures, while Iraq relies more heavily on the flow of dollars, its oil revenues, and access to the international financial system.
Thus, the fundamental question becomes: Who deals with Iran the most? Rather: Where can American pressure tools have the greatest impact?
On the other hand, it is difficult for Iraq to quickly and without internal costs disentangle its economic ties with Iran, as the relationship goes beyond traditional trade to include gas, energy, goods, markets and the movement of funds, which makes any tightening of dealings with Tehran likely to have repercussions on the economy and services within Iraq.
Hence the Iraqi dilemma: Baghdad needs to maintain a significant part of its economic relations with Iran, but at the same time it needs to keep its channels open with the global financial system, which is centered on the dollar.
The American pressure does not start from scratch. In recent years, Washington has used its financial tools against Iraqi banks that it accused of conducting transactions linked to Iran, in conjunction with tightening procedures for foreign transfers, financial compliance, combating money laundering and dollar smuggling.
This precedent means that the United States does not necessarily need to impose sanctions on the entire Iraqi economy in order to exert effective pressure; it can target specific banks, companies, intermediaries and transfer channels, or tighten compliance requirements to make financial dealings with Iran more difficult and costly.
Conversely, Iraq's importance to Iran increases as other economic and financial outlets become more limited, due to the long border, the large market, and the volume of trade between the two countries.
Herein lies the fundamental paradox: the more Washington restricts Iran’s access, the more Tehran needs Iraq, and the more important Iraq becomes to Iran, the more sensitive Washington becomes to the movement of money, banks, and trade between the two countries.
Therefore, Iraq may become one of the main testing grounds for the new economic campaign, not necessarily by targeting the Iraqi state, but by tightening control over banks, transfers, companies and intermediaries that Washington believes provide a lifeline for the Iranian economy.
But the United States faces a delicate dilemma: Iraq is not an adversary, but a strategic partner whose economy it does not want to push into a widespread crisis. Reuters notes that Washington, despite its previous actions against Iraqi banks, has avoided steps that could inflict significant damage on the Iraqi economy.
Therefore, the most likely scenario, in the event of increased pressure, is to target the points of contact between the Iraqi and Iranian economies rather than targeting the Iraqi economy as a whole.
In conclusion, Iraq does not appear to be more vulnerable to pressure because it deals more with Iran, but rather because it is located at a sensitive intersection between two economies: Iran needs it more as its isolation intensifies, and Iraq needs the American financial system no matter how extensive its relations with Tehran become.
Therefore, the greatest danger to Baghdad may not lie in comprehensive American sanctions, but rather in the gradual transfer of the economic war on Iran to Iraqi banks, the dollar, remittances, energy, and trade, making Iraq one of Tehran's most vulnerable partners to American pressure tactics.
#OneNews#The_First_News_Platform_in_Iraq
Seeds of Wisdom RV and Economics Updates Thursday Morning 8-27-26
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When Global Debt Starts Repricing Everywhere: The Bond Market Becomes the New Financial Fault Line
Global borrowing costs are rising across major economies as investors demand more compensation for debt, inflation and political risk — creating a new challenge for governments and central banks.
Good Morning Dinar Recaps,
When Global Debt Starts Repricing Everywhere: The Bond Market Becomes the New Financial Fault Line
Global borrowing costs are rising across major economies as investors demand more compensation for debt, inflation and political risk — creating a new challenge for governments and central banks.
Overview
The global bond market is sending a message that is becoming increasingly difficult for policymakers to ignore: the cost of government borrowing is being repriced across multiple major economies at the same time.
The pressure is no longer confined to U.S. Treasuries. France, the United Kingdom, Japan and other major bond markets are also experiencing elevated long-term yields, reflecting a combination of enormous government borrowing needs, inflation uncertainty and changing expectations for central-bank policy.
Global government debt has now become large enough that even relatively small increases in borrowing costs can have significant consequences for national budgets. The result is a developing feedback loop: higher yields increase debt-service costs, larger interest bills increase borrowing requirements, and greater supply of bonds can require still-higher yields to attract investors.
Key Developments
1. Global bond markets are repricing simultaneously
The current move is significant because it extends beyond the United States. France is facing particularly strong investor scrutiny, with its spread over German government bonds reaching its highest level since 2024 as concerns grow over its deficit, debt burden and political uncertainty.
The broader global picture is even more striking. Recent market analysis shows long-term borrowing costs elevated across the U.S., Japan, France, Germany and the U.K., suggesting that investors are reassessing the price of sovereign debt rather than simply reacting to one country's fiscal problems.
2. Debt is colliding with inflation and energy risk
The Iran conflict and elevated energy prices have added another layer of uncertainty. Higher oil and energy costs can keep inflation elevated, making it more difficult for central banks to reduce interest rates even when economic growth is slowing.
That creates an uncomfortable environment for heavily indebted governments: they need lower borrowing costs, while markets may be demanding higher yields because of inflation and fiscal risk.
3. The bond market is increasingly influencing government policy
This is an important change in the financial landscape. Governments have traditionally relied on central banks to manage monetary conditions while fiscal authorities handled borrowing.
That separation becomes more complicated when bond investors themselves begin demanding higher compensation for holding long-term government debt.
The United States has already seen Treasury officials respond with measures intended to support the long end of the Treasury market. Meanwhile, investors are watching whether governments in Europe and Japan can maintain fiscal credibility while borrowing costs remain elevated.
Why It Matters
The bond market sits underneath virtually every other financial market.
When sovereign yields rise, corporate borrowing becomes more expensive, mortgage rates can remain higher, equity valuations face greater pressure and governments must devote more revenue to servicing existing debt.
The significance therefore goes beyond whether a particular 10-year or 30-year yield rises another few basis points.
The larger question is whether the world is moving away from the ultra-low-interest-rate environment that allowed governments, corporations and investors to accumulate enormous amounts of debt at historically inexpensive financing costs.
If that era is ending, the adjustment could affect virtually every major asset class.
Why This Matters to Foreign Currency Holders
For currency holders, the most important development is the growing connection between government debt, interest rates and currency confidence.
Higher yields can initially support a currency by making its assets more attractive. But that relationship becomes more complicated when yields rise because investors are demanding compensation for fiscal deterioration, inflation or increased sovereign risk.
That distinction matters.
A currency supported by strong economic fundamentals and attractive real returns is very different from a currency whose interest rates are rising because markets are increasingly concerned about the government's debt burden.
This is one reason the current bond-market repricing deserves close attention.
Implications for the Global Financial Reset
The global financial system is increasingly moving toward a period in which the price of sovereign debt may become one of the central forces determining the next monetary architecture.
For decades, government bonds were treated as the foundation of the global financial system — the benchmark against which other assets were priced.
Now investors are asking a more difficult question:
What happens when the world's largest governments all need enormous amounts of capital at the same time?
That question has implications for reserve currencies, central-bank policy, sovereign debt, gold, foreign-exchange markets and the future composition of global reserves.
It also helps explain why countries such as China, India and other emerging economies continue exploring greater use of local currencies, alternative payment systems and diversified reserve assets.
The transition does not necessarily mean the dollar is being displaced. Rather, the financial system may be moving toward a structure in which multiple currencies, markets and settlement mechanisms coexist alongside the dollar, while investors place greater emphasis on fiscal sustainability.
The Bigger Picture
The important story is not that one country's bond market is under pressure.
It is that the global cost of capital is being repriced at the same time that governments are carrying historically large debt loads.
That creates a new constraint for policymakers.
Central banks can influence short-term interest rates, but they cannot permanently eliminate the market's demand for compensation for inflation, fiscal risk and excessive debt issuance.
If that pressure continues, governments may increasingly face a choice between fiscal restraint, higher borrowing costs, financial repression or policies designed to encourage inflation and economic growth sufficient to reduce the real burden of debt.
The consequences could extend well beyond bonds.
The next phase of the global financial reset may be determined not by a single currency replacing another, but by how governments manage the enormous debt accumulated under the previous financial regime.
The bond market may be becoming the place where that adjustment is first being priced.
The global financial system is not being reset by one event — it is being repriced through debt, yields, currencies and the cost of capital.
Seeds of Wisdom Team
Newshounds News
Sources
Reuters — Record debt and election politics raise stakes for French budget
Reuters — Global bond markets put governments on notice over fiscal, inflation risks
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🌱 A Message to Our Currency Holders🌱
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News
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Gold & Silver Revaluation! A Quarter Ounce Of Gold To Buy A House - Here's When | Lynette Zang
Gold & Silver Revaluation! A Quarter Ounce Of Gold To Buy A House - Here's When | Lynette Zang
Smart Silver Trends: 8-26-2026
In this video, Lynette Zang explores the potential for a massive overnight revaluation of gold and silver, drawing parallels to historical hyperinflation events like those in Venezuela.
She explains that while the U.S. market is often driven by "paper" contracts and traders, global trends are shifting toward physical markets, which she believes will lead to truer price discovery based on actual supply and demand.
Gold & Silver Revaluation! A Quarter Ounce Of Gold To Buy A House - Here's When | Lynette Zang
Smart Silver Trends: 8-26-2026
In this video, Lynette Zang explores the potential for a massive overnight revaluation of gold and silver, drawing parallels to historical hyperinflation events like those in Venezuela.
She explains that while the U.S. market is often driven by "paper" contracts and traders, global trends are shifting toward physical markets, which she believes will lead to truer price discovery based on actual supply and demand.
The discussion covers several practical topics for precious metals investors:
Market Mechanics: The difference between Western "paper" markets and Eastern physical-focused markets.
Financial Tools: An explanation of "Glint," a Mastercard backed by physical gold, and the concept of arbitrage.
Strategic Decisions: Why Lynette chooses to hold a small mortgage to potentially pay it off with devalued currency after a reset, rather than paying it off now.
Gold-to-Silver Ratios: Analyzing how these ratios shift during hyperinflation and why silver often outperforms gold in the early stages.
Confiscation Concerns: A historical look at gold confiscation in the U.S. and why it’s often executed through "covert" means like inflation and taxation rather than door-to-door seizures.
Lynette emphasizes the importance of a sound money strategy to protect purchasing power and standard of living during economic transitions.
FRANK26….8-26.26….CITIZENS BEING PREPARED
KTFA
Wednesday Night Video
FRANK26….8-26.26…CITIZENS BEING PREPARED
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Wednesday Night Video
FRANK26….8-26.26…CITIZENS BEING PREPARED
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Iraq Economic News and Points To Ponder Wednesday Evening 8-26-26
CBI Rejects Reports Of Printing New Banknotes
2026-08-26 Shafaq News- Baghdad The Central Bank of Iraq (CBI) on Wednesday denied reports that it had printed new Iraqi banknotes with zeros removed in preparation for their circulation.
CBI Rejects Reports Of Printing New Banknotes
2026-08-26 Shafaq News- Baghdad The Central Bank of Iraq (CBI) on Wednesday denied reports that it had printed new Iraqi banknotes with zeros removed in preparation for their circulation.
Any future plan to restructure banknote denominations or remove zeros from the currency would require several legal, regulatory and technical steps if formally approved, the CBI said. Any such decision would be announced through the bank’s official channels and the media, along with a transition period allowing citizens, banks and other institutions to exchange the currency safely and in an orderly manner.
Read more: Iraq revives debate over removing three zeros from the dinar
https://www.shafaq.com/en/Economy/CBI-rejects-reports-of-printing-new-banknotes
Central Bank Of Iraq Decides The Truth About Deleting Zeros From The Currency
The Central Bank of Iraq denied printing a new currency with zeros removed, stressing that any future step to restructure currency denominations will be subject to legal and technical procedures and will be officially announced.
El Nahar Central Bank of Iraq The Central Bank of Iraq denied, on Wednesday, the accuracy of the news circulating about printing quantities of the new Iraqi currency after deleting the zeros from it, in preparation for putting it into circulation, stressing that this information is not based on any official source.The Central Bank said, in a statement reported by the Iraqi News Agency "INA", that it followed the news and statements circulated by some media outlets regarding its printing of a new Iraqi currency with zeros deleted.
He added: "We confirm that this news is not based on any official source, and we deny that the bank printed a new Iraqi currency with zeros deleted".
What About Deleting Zeros In The Future?
The bank explained that any future project related to restructuring the Iraqi currency denominations or deleting zeros from them, if an official decision is taken in this regard, will be subject to multiple legal, regulatory and technical stages.
He pointed out that if such a project is approved, it will be announced through the bank's official channels and the media, with an appropriate transitional period set that allows citizens, banks and institutions to exchange currency in a safe and orderly manner.
He stressed that the measures will take into account "the full preservation of the financial rights and obligations of all", referring to the repercussions that could accompany any process of restructuring currency denominations.
Warning about undocumented information
The Central Bank of Iraq called on citizens and the media to rely exclusively on its official data and channels to obtain information related to monetary policy.
He also warned against the circulation of unverified news, figures and information, as this could lead to confusion or harm the financial interests of citizens.
The bank's clarification comes after the spread of information about the imminent launch of a new currency in Iraq after deleting zeros from it, which the bank categorically denied, while keeping the possibility of restructuring currency denominations in the future linked to the issuance of an official decision and the completion of the necessary legal and technical procedures.
Iraqi dinar Iraq's economy
New Iraqi Currency And The Removal Of Zeros: Important Clarification From The Central Bank
Following reports that the bank had printed quantities of the new Iraqi currency with zeros removed Arabic Business
Published in:August 26, 2026: The Central Bank of Iraq denied on Wednesday that it had printed quantities of the new Iraqi currency with zeros removed, stressing that any future project related to restructuring currency denominations or removing zeros would be subject to multiple legal, regulatory and technical stages.
The Central Bank said in a statement that "the Central Bank of Iraq has been following the news and statements circulating in some media outlets regarding the bank printing quantities of the new Iraqi currency with zeros removed, in preparation for putting it into circulation," stressing that "this news is not based on any official source, and we deny that the bank has printed a new Iraqi currency with zeros removed."
He added that “any future project related to restructuring currency denominations or removing zeros – in the event of an official decision being made in this regard – will be subject to multiple legal, regulatory and technical stages, and will be announced if approved through the bank’s official channels and various media outlets,” according to the Iraqi News Agency (INA).
He added that "an appropriate transition period will be determined that will allow citizens, banks and institutions to exchange currency in a safe and organized manner, to ensure the full preservation of everyone's financial rights and obligations."
The statement clarified that "the Central Bank of Iraq calls on citizens and the media to rely exclusively on its official data and channels to obtain information related to monetary policy, and not to rely on undocumented news, figures and information, due to the confusion or harm to citizens' financial interests that may result from circulating them."
Iraq, Syria Explore Ways To Expand Bilateral Trade
2026-08-26 Shafaq News- Damascus Iraq and Syria discussed ways to expand trade and economic ties during a meeting in Damascus on Wednesday between Iraqi Federation of Chambers of Commerce President Amer Khalaf Alawi and Syrian Deputy Minister of Economy and Industry for Internal Trade Maher Khalil al-Hassan, according to Syria’s Ministry of Economy statement.
Several memorandums of understanding are expected to be signed in the coming period as part of efforts to strengthen the economic and trade partnership and open new avenues for bilateral commerce, the statement added.
Both sides reviewed bilateral trade, including ways to increase the flow of goods and products between the two countries, “while addressing obstacles facing cross-border commerce and discussing practical measures to ease procedures and facilitate the movement of goods.”
The two officials also discussed greater coordination between business communities and chambers of commerce in Iraq and Syria, with a focus on expanding trade, stimulating markets, and creating broader opportunities for Syrian and Iraqi businesses and investors.
The meeting also underscored the need to remove trade barriers and create a more flexible environment for economic activity to promote greater integration and a stronger commercial partnership between the two countries.
On August 13, Khaled al-Khader, director general of the Syrian Authority for Supporting and Developing Local Production and Exports, told Shafaq that Syria is shifting from raw-material exports to higher-value products, with Iraq among its main markets alongside Jordan and the Gulf.
On May 1, Iraq launched its first crude oil export operation through the Rabia–Al-Yarubiyah crossing, dispatching an initial shipment of 70 tanker trucks to regional markets. crossing between Iraq and Syria reopened to trade and passenger traffic on April 22 after 13 years of closure driven by security challenges during the fight against ISIS, as well as shifting control and coordination issues along the frontier.
https://www.shafaq.com/en/Economy/Iraq-Syria-explore-ways-to-expand-bilateral-trade
Iraq, Shell Discuss Plans To Boost Gas Output In Basra
2026-08-26 Shafaq News- Baghdad Iraq’s Oil Ministry and Shell discussed plans Wednesday to increase gas production from fields in Basra and expand the use of associated gas, as part of efforts to strengthen the country’s energy sector, the ministry said in a statement.
The talks brought together Oil Ministry Deputy Minister for Extraction Affairs Naseer Aziz and Shell’s Iraq and UAE Managing Director Fakher Bader, during which both sides reviewed boosting the production and exports of naphtha and liquefied petroleum gas (LPG).
Aziz described gas investment as a key priority for the government and Oil Ministry, citing its importance in strengthening the energy system, reducing associated-gas flaring, securing fuel for industry and power plants, and maximizing the economic value of Iraq’s hydrocarbon resources.
He also called for continued development of gas projects, higher efficiency and production capacity, and faster implementation of plans to make better use of associated gas, supporting Iraq’s production and export capabilities and broader energy-sector development.
https://www.shafaq.com/en/Economy/Iraq-Shell-discuss-plans-to-boost-gas-output-in-Basra
Iran Intercepts Indian Oil Tanker In Strait Of Hormuz
2026-08-26 Shafaq News- Tehran Iranian authorities stopped an Indian oil tanker while it was transiting the Strait of Hormuz on Wednesday, Iran's semi-official Fars News Agency reported, identifying the vessel as HAANA.
The agency said that the vessel had attempted to pass through the southern shipping lane before changing course following an Iranian warning and being stopped.
The development came as at least three Indian oil refiners and a major global energy company plan to avoid vessels on Iran’s newly issued blacklist, including those involved in ship-to-ship oil transfers, amid concerns over possible Iranian action and security risks in the Strait, according to sources cited by Reuters.
Other companies are reviewing the Iranian warning and waiting for greater clarity on how Tehran intends to enforce it before changing their operations, the sources added.
Iran on Sunday blacklisted 45 vessels it accused of violating its rules for crossing the Strait and warned that vessels carrying cargo in cooperation with those ships could face action.
https://www.shafaq.com/en/Middle-East/Iran-intercepts-Indian-oil-tanker-in-Strait-of-Hormuz
Seeds of Wisdom RV and Economics Updates Wednesday Evening 8-26-26
Good Evening Dinar Recaps,
India Pushes the Rupee Beyond Its Borders: Local-Currency Trade Moves From Policy to Practice
India is taking another practical step toward expanding the rupee’s role in international commerce — a development that could gradually diversify global trade settlement beyond the U.S. dollar.
Good Evening Dinar Recaps,
India Pushes the Rupee Beyond Its Borders: Local-Currency Trade Moves From Policy to Practice
India is taking another practical step toward expanding the rupee’s role in international commerce — a development that could gradually diversify global trade settlement beyond the U.S. dollar.
Overview
India is moving from talking about greater use of the rupee in international trade to changing the rules that make it easier to actually use it.
On August 20, India amended its Foreign Trade Policy so that exporters receiving payment in Indian rupees can receive the same trade-policy benefits as exporters paid in foreign currencies. The objective is straightforward: give Indian businesses a stronger incentive to invoice and settle international transactions in rupees.
The significance goes beyond India. The more countries conduct portions of their trade in their own currencies, the less every transaction has to pass through the dollar-centered financial system.
Key Developments
1. India is making rupee settlement more commercially attractive
The latest policy change removes a practical disadvantage that previously made rupee-denominated exports less attractive to Indian exporters. Rupee receipts are now being placed on equal footing with foreign-currency earnings for trade-policy benefits.
That matters because internationalization of a currency requires more than central-bank policy. Businesses have to have a reason to invoice, receive and retain that currency.
2. The RBI is simultaneously strengthening India's external financial buffers
The move toward greater rupee use is occurring alongside substantial foreign-exchange measures by the Reserve Bank of India.
The RBI reported that it net absorbed $561 million in June, while foreign-exchange inflows accelerated sharply. A separate RBI-supported swap program had mobilized $72.8 billion by August 21, including $65.4 billion through FCNR(B) deposits.
This provides India with additional external liquidity at a time when oil prices and geopolitical tensions are creating pressure on emerging-market currencies.
3. India is building a currency option — not announcing a dollar replacement
This distinction is important.
India's objective does not appear to be replacing the dollar. Instead, the country is developing more options for settling international commerce, particularly with trading partners willing to accept rupees.
That fits into a broader trend toward multiple settlement currencies, bilateral arrangements and regional payment systems.
Why It Matters
The international financial system does not change only when a country announces a new reserve currency.
It can also change gradually through trade invoices, payment systems, banking relationships, currency reserves and settlement infrastructure.
India is one of the world's largest economies and a major energy importer. If more of its trade can eventually be settled directly in rupees, the amount of international commerce requiring dollars can decline at the margin.
That does not mean de-dollarization is occurring rapidly. It means the infrastructure for a more diversified system is continuing to develop.
Why It Matters to Foreign Currency Holders
For foreign-currency holders watching the global financial reset, India's move is important because it demonstrates how currency diversification can occur without a formal abandonment of the dollar.
The more important question may be how many countries eventually develop similar arrangements.
If India expands rupee settlement with Russia, the Gulf states, Asia and other trading partners, while China expands yuan settlement and BRICS members develop additional cross-border payment mechanisms, international commerce could gradually become less dependent on a single settlement currency.
That would be a structural change rather than a sudden monetary event.
The Bigger Global Financial Reset Story
India's strategy represents one piece of a much larger transition: Dollar dominance → multiple settlement currencies → regional payment networks → greater use of local currencies → a more multipolar financial system.
The dollar remains overwhelmingly important to global finance, and India's rupee is nowhere near replacing it.
But financial systems are built through usage. Every additional trade agreement settled in local currency creates another pathway that does not require the dollar as the intermediary.
That is why India's latest policy adjustment deserves attention.
What to Watch Next
Watch for new bilateral trade agreements explicitly encouraging rupee settlement, expansion of rupee vostro accounts, and agreements allowing Indian exporters and foreign suppliers to hold and reuse rupee balances.
Also watch the relationship between India's currency policy and its enormous energy-import bill. India remains highly exposed to oil prices, meaning the ability to settle more trade in local currencies could become increasingly valuable when dollar liquidity, oil prices or geopolitical tensions create pressure on emerging markets.
The next important development would be evidence that India's policy changes are translating into meaningfully higher volumes of actual cross-border trade settled in rupees.
Bottom Line
India is not declaring the end of the dollar.
It is doing something potentially more consequential over time: making the rupee more usable outside India's borders.
The global financial system does not have to experience a dramatic overnight reset to become more multipolar. If major economies progressively build the ability to trade, settle and hold value in their own currencies, the architecture of global finance can change one transaction at a time.
The next phase of currency diversification may not be defined by one currency replacing another — but by the gradual expansion of alternatives to the dollar-centered system.
Sources
Reuters — India eases rules for rupee export payments, seeks to widen trade settlement
Reuters — India’s central bank net absorbed $561 million in June as inflows picked up
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Thank you Dinar Recaps
Reset Intelligence: Iraq Orders New Banknotes
Reset Intelligence: Iraq Orders New Banknotes
8-26-2026
Iraq Orders New Banknotes
By Reset Intelligence | @EXIT_FIAT
Iraqi lawmakers say the central bank has finalized designs for a new banknote series: roughly 7.5 billion notes, printed across 4 countries.
Reset Intelligence: Iraq Orders New Banknotes
8-26-2026
Iraq Orders New Banknotes
By Reset Intelligence | @EXIT_FIAT
Iraqi lawmakers say the central bank has finalized designs for a new banknote series: roughly 7.5 billion notes, printed across 4 countries.
The same day, Washington published its Iran designation sheet, Iran’s rial hit a record low, and Syria came off the terrorism list after 47 years.
The denial posted before the evidence
On Monday evening in Baghdad, the government’s spokesman told reporters no decision had been made to remove the zeros from the dinar. Within the hour, a member of parliament’s finance committee confirmed the government intends to do exactly that. An hour after him came the detail neither man led with: the Central Bank of Iraq has finalized designs for a new series of banknotes and plans to produce 7.5 billion of them.
What Monday put on the record
• The note order – 7.5 billion notes, printed in Germany, France, the United Kingdom and Australia, at a stated cost of 250 billion dinars. The UK and Australia are new additions to speed up the process.
• The target – 8 to 10 trillion dinars in undeclared cash sitting outside the banking system, per the finance committee.
• Operation Economic Outcast – Treasury designated nearly 60 entities, individuals and vessels across digital assets, gold, technology, aviation and shipping.
• Iran’s rial – a record 2.02 million to the dollar, crossing 200,000 tomans for the first time.
• Syria – formally removed from the state sponsors of terrorism list after 47 years.
• The 2027 budget – set for parliament by September 15, with the Kurdistan Region already filing its claim at 14.1%.
That is the short version, and every item above is public record. The part that matters is the connection: why the denial came first, what the production order tells you about how far along this is, and what Kuwait’s 1991 note exchange says about how fast these operations move once the counters open. That analysis is in today’s full briefing.
Denials can be walked back. Purchase orders cannot.
Read the full daily briefing free for 5 days. Sign up here: resetintelligence.com
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: resetintelligence.com/rate-alert
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https://dinarchronicles.com/2026/08/25/reset-intelligence-iraq-orders-new-banknotes/
MilitiaMan & Crew: Is the Iraqi Dinar Moving? Daily Analysis from the Crew
MilitiaMan & Crew: Is the Iraqi Dinar Moving? Daily Analysis from the Crew
8-26-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
MilitiaMan & Crew: Is the Iraqi Dinar Moving? Daily Analysis from the Crew
8-26-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
Iraq Economic News and Points To Ponder Wednesday Afternoon 8-26-26
Oil falls as Iran-Oman talks fuel Hormuz hopes
2026-08-26 Shafaq News Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.
Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while U.S. West Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87. Both benchmarks lost more than 3% on Tuesday.
Oil falls as Iran-Oman talks fuel Hormuz hopes
2026-08-26 Shafaq News Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.
Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while U.S. West Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87. Both benchmarks lost more than 3% on Tuesday.
"The market continues to react to developments surrounding navigation through the Strait of Hormuz, and hopes for progress in talks between Iran and Oman have triggered selling," said Mitsuru Muraishi, an analyst at Fujitomi Securities.
"That said, uncertainty over the outlook has prompted bargain buying, limiting further losses, and prices are likely to remain range-bound for the time being," he added.
Iran said it had restarted talks with Oman to manage the Strait as it faces heightened economic pressure from U.S. President Donald Trump.
Iran and Oman have been in on-and-off talks for weeks about controlling traffic through the waterway, which handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.
The two countries said on Tuesday that they discussed "a joint temporary navigational corridor" through the strait and agreed to clear it of mines.
Despite the ongoing tensions, the U.S. is beginning to send personnel back to some diplomatic missions in the Middle East that were evacuated or downsized amid tensions with Iran, two people familiar with the matter told Reuters.
The move suggests Washington sees a lower risk of the conflict with Iran escalating in the near term, though some embassies will initially operate below full capacity.
On Monday, Washington expanded sanctions aimed at cutting off Iran's economic lifeline, threatening to punish countries that continue to do business with Tehran, though it said it would not impose penalties immediately.
Separately, an oil tanker was struck on Tuesday by an unidentified projectile and disabled about 9 nautical miles (17 km) northeast of Oman's Ash Shishah, which lies at the entrance to the strait, the United Kingdom Maritime Trade Operations said.
In the U.S., the American Petroleum Institute reported crude oil inventories rose by about 4.2 million barrels in the week ended August 21, market sources said.
Analysts polled by Reuters estimated crude oil stockpiles would rise by about 600,000 barrels on average. Official data from the EIA, the statistical arm of the U.S. Department of Energy, are due at 10:30 a.m. ET (1430 GMT) on Wednesday. (REUTERS)
https://www.shafaq.com/en/Economy/Oil-falls-as-Iran-Oman-talks-fuel-Hormuz-hopes
Gold Retreats From Three-Month High Ahead Fed Clues
026-08-26 Shafaq News Gold eased on Wednesday after scaling a more than three-month high in the previous session, as investors awaited a key U.S. inflation report to gauge the Federal Reserve's interest-rate path.
Spot gold eased 0.3% to $4,642.74 per ounce, by 0410 GMT. Prices climbed to their highest since mid-May on Tuesday after last week's sharp gains following the U.S. Treasury's bond buyback announcement. U.S. gold futures rose 0.1% at $4,700.70.
The Fed's preferred inflation gauge, the U.S. Personal Consumption Expenditures (PCE) price index for July, is due at 1230 GMT. Attention is also on Fed Chairman Kevin Warsh's speech on Friday at the central bank's Jackson Hole symposium.
"For gold, the most supportive outcome would be softer-than-expected inflation combined with a dovish or balanced message from Warsh, reinforcing expectations for lower real yields and reducing the opportunity cost of holding a non-yielding asset," said Wael Makarem, financial markets strategists lead at Exness.
"A renewed deterioration in confidence around U.S. fiscal sustainability could also be important (for gold), particularly given the recent Treasury buyback plans and their impact."
Earlier this month, data showed an unexpected decline in U.S. nonfarm payrolls and in-line consumer inflation, tempering expectations of a September rate hike.
Traders are pricing in a 61.6% chance that the Fed will leave rates unchanged next month, according to the CME FedWatch Tool.
On the geopolitical front, Iran said it had restarted talks with neighbour Oman to manage the Strait of Hormuz, sending oil prices lower.
The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund Managing Director Kristalina Georgieva said. However, she raised concerns about deteriorating fiscal conditions in some countries.
Spot gold may retest a resistance at $4,681, a break above which may trigger a gain into the range of $4,707 to $4,743, according to Reuters technical analyst Wang Tao.
Spot silver gained 0.9% to $69.26, platinum rose 0.4% to $1,865.09 and palladium firmed 1.3% to $1,343.75. (REUTERS)
https://www.shafaq.com/en/Economy/Gold-retreats-from-three-month-high-ahead-Fed-clues
Iraqi Crude Prices Fall More Than 6%
2026-08-26 Shafaq News- Baghdad Iraqi crude oil prices fell by more than 6% on Wednesday, in tandem with a broader decline in global oil markets.
Basrah Heavy crude dropped to $77.92 a barrel, down $5.27 or 6.34%, while Basrah Medium fell to $81.22, a loss of $5.27 or 6.09%.
Internationally, Brent crude slipped to $86.80 a barrel, down $1.78, or 2.0%, while West Texas Intermediate fell to $80.87, down $1.49, or 1.8%.
Other regional grades also lost ground, though by varying margins. Murban crude fell 7.89% to $93.44 a barrel, Oman crude dropped 3.82% to $95.59, and Dubai crude edged down 0.19% to $90.10.
The Iraqi declines came amid a broader retreat in global crude prices, although losses varied by grade and region.
https://www.shafaq.com/en/Economy/Iraqi-crude-prices-fall-more-than-6
US Dollar Edges Lower In Baghdad And Erbil
2026-08-26 Shafaq News- Baghdad/ Erbil The US dollar edged lower against the Iraqi dinar in Baghdad and Erbil on Wednesday, hovering around 154,000 dinars per $100.
In Baghdad, the dollar fell to 154,250 dinars per $100 at the al-Kifah and al-Harithiya central exchanges, down slightly from 154,350 dinars on Tuesday, according to a Shafaq News market survey.
At currency exchange shops in Baghdad, the dollar was selling for 154,750 dinars per $100 and buying for 153,750 dinars.
In Erbil, the dollar was selling for 154,250 dinars per $100 and buying for 154,200 dinars.
https://www.shafaq.com/en/Economy/US-dollar-edges-lower-in-Baghdad-and-Erbil-2
Iraq Reviews State Banks Over Suspected Public Fund Losses
2026-08-26 Shafaq News- Baghdad Iraq is reviewing the performance of several state-owned banks and financial institutions as the government struggles with a cash crunch and delayed public-sector salaries, an informed source said Wednesday.
The reviews are examining alleged misuse of public funds, falling liquidity, and misleading reports submitted by some bank managers to senior officials, according to the source, who spoke to Shafaq News on condition of anonymity.
Government bodies are assessing how the banks are run, alongside management changes and recently launched investigations into cases said to have caused losses of public money and enabled corruption. Investigators are also examining why cash reserves once held at state banks have fallen, the source said, in preparation for legal and administrative measures.
The assessments weigh how far each management can support the government through the current strain, the source said, and how far each institution has moved toward digital systems. Continued reliance on paper procedures rather than electronic ones is among the concerns drawing official attention.
Some managers have submitted figures and reports that do not reflect actual operations, the source said, adding that field monitoring has exposed a wide gap between official reporting and performance on the ground. That gap is itself under review.
The measures are part of a broader government effort to reassess how state financial institutions perform and to strengthen efficiency, governance, and digital systems, the source said, given the financial pressure and the delay in paying salaries.
The review comes after a separate informed source told Shafaq News on Tuesday that state salaries could be delayed until the end of this month or early next month because funding for ministries and state bodies had not yet been released. Salaries are funded and paid out to state institutions sequentially, a process that takes several days. Several state banks are low on cash after their reserves fell, limiting their ability to fund state bodies or borrow domestically.
Read more: Iraq’s private banks: Capital Growth and the structural credit gap
https://www.shafaq.com/en/Economy/Iraq-reviews-state-banks-over-suspected-public-fund-losses
Bruce’s Big Call Dinar Intel Tuesday Night 8-25-26
Bruce’s Big Call Dinar Intel Tuesday Night 8-25-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call tonight. It's Tuesday, august 25, and you're listening to the big call. Thanks for tuning in, everybody. We're going to have a really good call tonight. I'm excited about my segment tonight, and I'm always excited to hear what Sue would bring to us and what Bob would bring to us as well.
Alright, let’s get Into our Intel portion of the call, I've got a few things I'd like to bring up, and but I'm going to try to create my little timeline that I like. See if we can make that happen. All right. First of all, I'm just going to bring up something about Iraq.
Bruce’s Big Call Dinar Intel Tuesday Night 8-25-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call tonight. It's Tuesday, august 25, and you're listening to the big call. Thanks for tuning in, everybody. We're going to have a really good call tonight. I'm excited about my segment tonight, and I'm always excited to hear what Sue would bring to us and what Bob would bring to us as well.
Alright, let’s get Into our Intel portion of the call, I've got a few things I'd like to bring up, and but I'm going to try to create my little timeline that I like. See if we can make that happen. All right. First of all, I'm just going to bring up something about Iraq.
Now we had heard that Iraq had lower denominations of so-called new Iraqi dinar, meaning lower amounts of dinar. For example, they might have a five dinar note, a 10 dinar note, a 20 or a 25, a 50. We knew they had that, and maybe 100.
Now they had 100 in our coin. I had one somewhere. Lord knows where it is now. But these lower denominations were supposed to be in the ATM machines in Iraq, and we've heard that they were in there for months, and maybe even over a year now, but the point is, they as you guys know, the dinar that we have are what they call the three zero notes.
That means that they are either starting at the top 25,000 dinar 10,000. 5000, 1000. Those are the three zero notes. They've been in the process for years talking about removing the three zeros and taking the value of those notes down by those three zeros in country, not ours, only in country for Iraq.
So a 25k note would be worth 25 dinar, a 10k 10 dinar, a 5k 5 dinar, and a 1k 1 dinar. Now that has been taking place, and I believe was completed by Sunday two days ago. Sunday is the first business day in Iraq. We had heard they were going to have the new lower denominations available on Monday.
They were really available Sunday. Sunday is the first business day. That means that they had a new value for the dinar. They were not allowed to use Kuwaiti dinar, Iranian rial, or USD in country.
They could use none of those, but only use Iraqi dinar, which in my mind is lower denominations, and some of the three zero notes with the three zeros lopped off in value. In value, like I just got through telling you, that took place Sunday in Iraq. That's their first business day is Sunday, all right. That's the little piece about Iraq right now.
Now, when we go back and talk about this letter, it's important to realize there are two different letters. There's a letter that was sent out about six to eight months ago, something in that range. This letter was a three-page letter, and it was and it came from the legal side of our government. It came from that department, and that was sent out by military by hand to 6,129 hospital administrators in our country.
Okay, so that was a three-page letter, and I don't know exactly what that letter spelled out. I don't know that we got that specifically back six to eight months ago, but that's a separate letter from the Department of Justice (DOJ) compared to the letter that went out to hospital administrators, 6129 of them on Friday, last Friday, and that letter was delivered by hand by our military directly to the hospital administrators, and they were there at 9:00 a.m. in the morning, Friday, to hand these letters to these hospital administrators when they came out, and the military was able to get them to receive it and sign for it in person.
Now that happened last Friday. Today's Tuesday night.
So here's the overall context of what was in this 11-page letter. 11-page letter. It included an introduction page. It included information about training hospital staff, all hospital staff for 72 hours of training on the new technology, which you and I know as holographic medical beds.
This is the quantum technology that has been there and is going to be used in hospitals in the very near future, and it'll be used in in med bed centers that are not hospitals. That's what I am more familiar with. The experience that I have heard about has been in these specific med bed centers.
Now, what else did the letter include? 11-page letter included 31 big pharma companies, and these companies were to no longer have valid contracts for their medications to be used in the hospital setting, this is a big deal. Now, this included companies you know like Pfizer, Moderna, Johnson and Johnson, Bayer, just name one. Right? There are so many. There are 31 of these countries, companies that were named.
And so, what is the over and under on this? The fact that these hospitals have been told that the contracts with these companies Would be suspended immediately, suspended. No new contracts, and that they would be suspended from here on out because of the new technology that is now available or about to be available once hospital personnel and others are trained in those hospitals to use it.
All right, that's different. That's a first. We haven't had that happen yet. Now, in addition to that, we have information that this is a little bit of a stretch, but I'm going to tell you what it said. Watch it happen. That 90 days from that initial date, which we're going to call last Friday, the 21st of August, 90 days later, by that time, all hospital bills would be zeroed out in in three months, 90 days.
That takes us to november 21. That all hospital bills would be zeroed out. That was in the letter.
Now we will see how that manifests, but that is a huge deal. And you say, "Well, what is that? What is that? What do you mean zeroed out? Meaning you'd have a zero balance?
Yeah, and what it means is, it it takes a whole new look at health insurance and what the health insurance responsibility has been, and so on.
I mean, I can't tell you all the ramifications of this, but I believe this is the first fruits of what we will see on NESARA -- National Economic, Strategic and Recovery Act, for this country, I think this is something that has been delivered. Now, how did this leak out already?
People found out about it Monday. It leaked out, and I don't want to say how it did, but it did, and it's an interesting, very interesting thing. It's hard to keep all of this technology down. It's hard to keep it from being seeing the light of day.
And so we have the ability to use the med beds very soon, in a matter of days to a week or two after we exchange, so the indication here is we need to stay healthy.
We need to do whatever we can do to stay above ground and do whatever we need to do for our health, so that when the med beds do present themselves to us, you have to go into your exchange first. If you're a Zim holder, you have priority. You have dire need, you have priority.
So if you're a Zim holder with dire need, you have priority, and you'll be able to get in to the med bed essentially earlier than anybody else.
Now the public is going to find out about this soon enough. I've heard 10 days from when we start using the med beds, they'll be aware of it maybe sooner.
I know that med beds were delivered and installed in every hospital in Japan, and I told you guys about that two weeks ago, and I believe they may be using them already in Japan. I don't know that, but I know they had 60, 70 percent of their population that had radiation poisoning from Fukushima, and I'm pretty sure they want to get them in there right away. So I wouldn't be surprised if Japan is already in use.
And of course, there are med beds all over the world. I told you guys there were 77,000 med bed centers internationally, and that was over a week ago. And I'm sure there are more and more that are being put brought out online, and they absolutely work beautifully. So, I'm looking forward to it.
For me, I know a lot of people that want to get in there and get straightened out, but we have to we have to essentially keep on going until we get there, and stay healthy. Take some supplements, take some Boomer Boost in barley, and everything else that that Bob has to offer to stay healthy and to be the healthiest we can be when we go into the med bed. All right, so that's the piece I wanted to bring you about these two letters.
One was six or eight months ago, was three pages, and delivered by the military, but it came from Department of Justice (DOJ) This letter, which was just delivered Friday at 9:00 a.m. by our military, hand to hand, to 6129 hospital administrators in this country.
That letter was 11 pages, and it included what I mentioned to you tonight. That is big news. That letter came from the Department of Defense, one was DOJ, this one was DoD, and it's great news, great news for us.
It's absolutely wonderful, and I think that we could all see how we wouldn't need big pharma, we wouldn't need cancer treatment anymore. We wouldn't need all of these things to be healed in the med bed. You guys know that.
I've talked to you about it for well over a year, maybe two years now. And Sue's aware of it, and I'm aware of it, Bob's aware of it, and many of you are aware of it.
Now, we'll get in there when it's our time. It's not that far away. What about the rest of our intel? We have heard from good sources that we should be getting notified this week. Well, that's not that many more days, is it? Today's the 25th, and it's a it's a Tuesday, Wednesday, Thursday, Friday, Saturday, Wednesday, Thursday, Friday, 2627, 28/29, That's the end of the week.
The end of the month is the 31st, and that would include Sunday, Monday.
Now we're hearing end of the week that we would get notified, and then we would start exchanges the next day. I can tell you this from a redemption center point of view.
Redemption center leaders, yes, I don't have it for today, but I have it for yesterday. Saw nine currencies on the screen at the Redemption Center only, not at the banks, and all these nine currencies were solid. All the rates were solid, not flashing, solid.
That's encouraging to me.
Now we know that we have 51 currencies that are supposed to be out. It might actually be 50. As I think about it, Iranian rial will not be in this basket of currencies and will come out later after sanctions are off of Iran, if any of you have Iranian real, okay, that's coming later.
I can't tell you when, as we don't know when those sanctions will come off Iran. All right, so we've got a timing that is saying this week. We're also hearing some disclosure should come out Wednesday, Thursday, or Friday of this week. Tomorrow, Thursday, and Friday.
If we get disclosure this week, it's going to be on television. It's going to be on internet, and it's going to be on our phones. So it might be a little disruptive from what you're used to if this comes out. I don't know how many hours it'll come out in a day. I don't think it's going to be 24/7.
I think it drives us nuts if it did, but I think we're going to get some disclosure. And you know what? Who knows what's coming out first? I think we should have some announcement about our new U.S.N our United States new dollar.
That is a Treasury note, hence United States Treasury note on the currency instead of Federal Reserve note.
Okay, that should be happening, and I'm looking forward to seeing that new currency. We're supposed to be able to get a packet of it. So figure shrink wrapped $2,500, maybe in 500 increments, maybe I don't know, but I know that they would like us to take no more than $2,500 in the new United States Treasury notes or cash money at the Redemption Center.
That I know that they have that number in mind for us, and it's gone down from five to 3000 to 2500, and I think that's reasonable. It doesn't matter. We don't want to be a target for anybody for burglary, robbery, that kind of.
So let's see how that shakes out. Now I went through a whole deal on this, on the exchange process recently, and I think you guys got that.
And I think that was probably last Thursday, if I remember right. So we have a situation where we are in the midst of it. This money is moving. at a great rate of speed in place for us.
And here's another little thing that I heard yesterday. I guess it was that Bank of America, Chase, and Citibank are going to open on Sundays. Why in the world would they do that? They want to try to get to know their customers better in more of a casual setting.
Maybe have you guys seen the commercials that Chase has done with the guy that talks to his coffee maker, and he, you know, he talks to this other AI piece or whatever, and is having trouble communicating. And then Chase comes in and says, "We want you to be able to interact with a human.
Oh, you mean a real person? Yeah, yeah, and so they've got this commercial where the guy comes into this chase, sort of a coffee center type thing, you know, and the woman at the bank goes something I've never heard.
Welcome in. I always thought it was welcome or come in. She says welcome in. I thought, all right, I'll let that go. So he comes in and he's like nervous. He's like going, hi. I mean, I'm exaggerating, but he's kind of like hi. You know, it's like he's not quite sure what it's like to talk to a human, a little bit weird, but she's obviously making him feel comfortable at home and makes you know probably getting him a cup of coffee or whatever.
So that is what Chase is doing. I've seen that commercial at least 10, or 12 times.
I'm not even watching TV. I mean, hardly at all. I'm watching YouTube most of the time, with no commercials on YouTube, by the way.
So, what this means is, this world that Sue talks about is really about to change.
Just that letter that was sent out to the hospital administrators by by hand last Friday morning at 9 a.m. That's big. That is big news. Getting us away from big pharma.
No, no longer honoring contracts and suspending contracts with these companies at the hospitals. Wow, that's a major statement. So, and the fact that the military just came from Department of Defense and the military delivered it to them-you know-that's about as strong as it gets.
Or, as they say in the South, that's stronger than train smoke. It is. So, I think that this world we're about to step into, this era that we're about to open up, is going to be amazing. It's going to be different.
We're going to see some change, and I hope you're all ready to adapt to change and see things from a new perspective. And I think that that's what we're going to end up experiencing, and so much more that we-it's hard to say.
Sue is the one who's the futurist. I'm a little bit of a futurist, not as much as Sue, so she knows what's coming in a lot of ways, and I think we're all going to be learning a lot of new things.
And I would encourage everybody like Sue is to be curious, to learn whatever it is you're interested in, curious about. I would say be careful with AI. Be careful with it. It's not everything it's been cracked up to be.
There are problems with it, and I think we need to be aware of that. And I'm going to encourage everybody to have interpersonal relationships with human beings, people.
You know, people talking to people, having community, working together collaboratively in your projects, in your community gardens, everything. It's going to be really, really cool, and you know I can't tell you guys whether the midterms are going to happen or not. I've heard there might be a pause.
I've heard a lot of things, but it's hard to say what the truth is and what's really going to happen. But I'm going to encourage everybody that's on the in Big Call Universe. If we do have the elections, vote because this could be extremely important if we have that election.
You listen. I'm not watching the news. I really am not. I I was occasionally I'll tune into Newsmax. I want America News to get a little summary, but I just doing other things, and I'm happy about that, and I'm excited about taking Big Call Universe into these projects like Rebuild America, Rebuild International, Veterans Retreat Network, and Pastoral Retreat Network, and I hope you guys will hang with me and be with me on that.
I've got some really cool ideas on rebuilding Lahaina. Got some really good stuff that I'm planning that I've kind of thrown out there to a few people, and I'm really looking forward to working with those people and getting them squared away, and also obviously starting with Western North Carolina, I know what's been going on there.
I know they still need help. They've been forgotten in the news. That's okay. We still know about them. We've got contacts. We're going to go ahead and get our group of 12 or 13 people that we've already contacted and try to meet and go to those areas and get in the middle of what's going on over there.
There are a lot of things, guys, that we can do, and we're looking forward to it. Really, am everybody needs to get themselves squared away, make sure they're totally debt free, make sure that that you know they make their plans that they need for maybe a new home or a or rebuilding their home.
Maybe you need a new ride. Maybe you need a week or two vacation. That's all cool. Do all of that.
I'll be in touch with you by email if if we have your email on bigcalluniverse.com, if we have it, we're golden. We have it. We're going to send out an email when we get these 800 numbers to everybody that wanted it that registered on our website, no charge. Just register, and then we'll be in touch with you with our project plans.
You got to build out some URLs for it. Bob and I have had those URLs for years. We got to build those out and get those designed like we need them to be, and then we'll be off and running. But we're all going to take a little time, you know, to get started at first, but we'll get together and don't forget the big call, and don't forget Sue, don't forget Bruce, and don't forget Bob because we've got some cool plans to get together regionally across the country, maybe Canada, especially for skiing. Oh, Canada. Yep. Alberta. Yep. Bam. Lake Louise. Sunshine. Yep. Yeah, man. Great resorts. Great, great resorts.
And there's a great Greek restaurant on the main street in Banff. I want to go back and hit that again. So I'll let you guys know when I'm coming to Banff. If you want to rendezvous, do little do a little she-laughing, little snow skiing, boarding. If you're a boarder, that's okay. If you're a boarder, that's cool. I'm a skier, not a boarder. But let's do this, guys.
You know we're close. We're being told this is the week. This not just this is the week. It will happen this week, and we're very close to that happening right now.
So I don't know what's going to happen between now and Thursday, but we'll be back here on the big call. So we could have numbers. We might not by then, but we could have, and we could be off and running
So let's do this. Let's thank Sue for wonderful job tonight, as always, and Bob. Thank you for everything that you've brought to us tonight, and thank you, Jeanie, for your continued support of the big call with your prayer and praise posts, and then Pastor Scott. I hope you're doing well, and thank you everyone in big call universe – We look forward to getting more and better information for us – hopefully by Thursday Everyone have a wonderful night - a great day tomorrow and we look forward to seeing you Thursday night
Bruce’s Big Call Dinar Intel Tuesday Night 8-18-26 REPLAY LINK Intel Begins 1:06:20
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Bruce’s Big Call Dinar Intel Thursday Night 7-23-26 REPLAY LINK Intel Begins 1:08:45
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Bruce’s Big Call Dinar Intel Tuesday Night 7-21-26 REPLAY LINK Intel Begins 1:30:35
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Majeed KSA: September 1st is the RV Date (?)
Majeed KSA: September 1st is the RV Date (?)
8-26-2026
The reason I made this claim is because for the past 5 days the news from Iraq kept going back-and-forth about deleting the zeros and not deleting the zeros, and if it will increase the purchasing power or not increase the purchasing power.
Acting like if they still thinking about it before taking any step.
And then all of a sudden, when the pressure they received from Trump was exposed on the media… in less than 24 hours, they said “now we are advancing in deleting three zeros.”
Majeed KSA: September 1st is the RV Date (?)
8-26-2026
The reason I made this claim is because for the past 5 days the news from Iraq kept going back-and-forth about deleting the zeros and not deleting the zeros, and if it will increase the purchasing power or not increase the purchasing power.
Acting like if they still thinking about it before taking any step.
And then all of a sudden, when the pressure they received from Trump was exposed on the media… in less than 24 hours, they said “now we are advancing in deleting three zeros.”
That by itself shows you they are playing back-and-forth on the media while everything is ready.
And my friend Maram @Amer740888Amer in Iraq telling me banks are informing citizens about which notes will be accepted during the exchange.
Why would banks talk about the exchange process IF nothing is ready or if they didn’t have the new notes?
Yeah, everything is ready and they have the new notes … they are just waiting for the green light.
MajeedKSA:All the news I posted yesterday & today Here is the complete conclusion “Iraq already has the new rate along with the new currency… ready to go at any second”
Here it is.
Everything is ready in Iraq to go.
Even the central bank of Iraq hosted a workshop on Sunday, August 23.
Taught bankers how to deal with laundered money or smuggled money into or outside of the country.
Everything is set to go…
Everything is in place…
Bankers now are taught what to do with financial crisis.
Today August 25.
A member of the finance committee gave the green light for the zeros to be removed because the Iraqi market needs a lower denom… also to fight money laundering.
WOOOOW the RV date.
“on September 1 Traders in the Kurdistan Region will face a new financial system in which taxes and fees are deducted upfront from foreign financial remittances (before money is sent abroad).”
The RV date is September 1.
MajeedKSA: Could the rate be changing on Sep 1 or maybe prior to that? 5 Iraqi business days left…….Wed, Thur, Sun, Mon,Tue (Sep 1st)
In the document.. The Prime Minister directs the preemptive deduction of taxes and customs duties on external transfers starting from 1 September
Shabazz32: “Channel8 has learned that starting September 1, traders in the Kurdistan Region will face a new financial system in which taxes and fees will be deducted before money is sent abroad…” https://channel8.com/english/news/64041
I guarantee you ASYCUDA will be approved by the council of minister any day from now until September 1.
Mark my words.
Source(s):
• https://x.com/majeed66224499/status/2092416791062491176
Read full post here: https://dinarchronicles.com/2026/08/26/majeed-ksa-september-1st-is-the-rv-date/
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