Sunday, January 11, 2026
FIRST GOVERNMENT COMMENT ON ADOPTING 1300 DINARS TO THE DOLLAR: A CALCULATED MONETARY MOVE
FIRST GOVERNMENT COMMENT ON ADOPTING 1300 DINARS TO THE DOLLAR: A CALCULATED MONETARY MOVE
The economic advisor to the Iraqi government, Mazhar Muhammad Saleh, confirmed on Thursday that the move to adopt the exchange rate of the US dollar at 1300 dinars and to raise the value of the Iraqi dinar in a limited way comes within a calculated coordination between the fiscal and monetary policies.
Saleh told Shafaq News Agency that the decision gives economic prospects a positive signal, reflecting the strength of the country’s foreign exchange reserves and the ability of monetary policy to confidently manage stability.
He explained that this step indicates that fiscal policy is moving towards the correct adjustment in maximizing its real revenues, away from resorting to what is known as “monetary adjustment,” i.e., using the exchange rate as an indirect financing tool, instead of achieving public finance goals through its original tools in mobilizing resources and controlling spending.
He added that this calculated monetary signal sends a clear message that economic stability and containing inflationary expectations remain a priority, and that the independence of monetary policy is still in place and effective, while at the same time providing an incentive for fiscal policy to activate its tools efficiently and responsibly, in order to ensure the sustainability of the macroeconomy.
The Central Bank of Iraq had decided to adopt the exchange rate of the US dollar at 1300 dinars within the 2026 budget, according to an official document revealed on Thursday.
MarkZ Weekend Update: Bonds, Banks, Iraq, Iran & Why This Coming Week Could Be Pivotal
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MarkZ reports increased bond activity, possible payments to some bond holders, heightened banking alerts, Iraqi Parliament returning to work, and geopolitical shifts that could remove Iranian influence—making the coming week potentially pivotal for the RV process.
MarkZ Disclaimer (Important)
“Please consider everything on this call as my opinion. People who take notes do not catch everything and it’s best to watch the video to get everything in context. Be sure to consult a professional for any financial decisions.”
Saturday Morning Call Overview
The call opened with energy and optimism as moderators welcomed the community and CBD Gurus Matt and Lucas kicked off the first 45 minutes before MarkZ delivered his news update.
The tone of the call was clear:
๐ Multiple indicators are converging at the same time.
Bond Market Intel: Increased Activity and Possible Payments
MarkZ shared carefully worded but powerful insights from his bond contacts:
“I have things from bond contacts…I cannot share everything because I have agreed not to. This is for the personal safety of their funds.”
Key takeaways:
More historical bond artifacts have entered the market
Three different buyers are involved
There is a “mad scramble” underway
Most notably:
“I have one contact tell me that absolutely some fellow bond holders have been paid.”
While details remain limited, expectations are growing that something big could happen this coming week in the revaluation process.
Timing Expectations: Eyes on the Coming Week
MarkZ emphasized a surge in communications:
“They do expect something big to happen this coming week…based on the overwhelming amount of messages I got last night.”
While no firm date is known:
Many bond contacts are focused on this upcoming week
Group rumors align closely with bond rumors
Tuesday is frequently mentioned for potential positive news
“Stay calm as there are a lot of indicators right now pointing at the same time.”
Iraq Developments: Parliament, Sudani, and Non-Oil Revenues
According to MarkZ, Iraqi Parliament returns to work tomorrow, making Monday a potentially big news day.
Major themes dominating Iraqi news:
Non-oil revenues
Customs rate adjustments (reductions, delays, or phased implementation)
Laws passed years ago are finally being implemented
Public reaction has been loud, prompting leaders to act:
“They have been asking Sudani to sit in and preside on these meetings.”
MarkZ believes they now recognize that nothing works without Sudani’s leadership .
Geopolitical Shockwaves: Iran Rumors
One of the most striking parts of the update involved unconfirmed but significant rumors from Iran:
Supreme Leader Ayatollah Ali Khamenei allegedly moved into a bunker
Iranian Guard reportedly removed from streets
Possible collapse of the chain of command
“If any of this is accurate, we may be seeing the end of the Iranian regime from 1979.”
If true, this would have massive implications:
“They won’t have to worry about Iranian influence in Iraq anymore and will be free to pull the trigger.”
Goldman Sachs Leak & Silver Shock
MarkZ also mentioned a notable financial leak:
“There was a little bit of a leak at Goldman Sachs. They believe silver could go to $412.”
The cited reason:
An estimated 8.7 billion ounce short
This ties into broader themes of systemic stress and asset repricing.
Banking Signals: ‘Enjoy Your Last Weekend Off’
Perhaps one of the most telling signs came from banking contacts:
“They were told to ‘enjoy your last weekend off for a few months.’”
Additionally, a community member shared:
“WF Bank in Kansas posted on market: ‘Currency exchanges after Jan 10 will be appointment only.’”
MarkZ reacted:
“Wow…we have had some interesting bank stories as of late.”
Q&A: MarkZ Weekend Update Explained
Q: Have bond holders actually been paid?
A: According to one bond contact, yes—some have been paid, though details remain limited.
Q: Is next week important?
A: Many indicators point to significant movement and increased news early next week.
Q: Why is Iraqi Parliament returning important?
A: Key financial and economic decisions often follow parliamentary sessions.
Q: How does Iran factor into this?
A: Reduced Iranian influence could remove a major obstacle to Iraq’s financial independence.
What to Watch Closely
Monday’s news out of Iraq
Bond payment confirmations
Bank policy changes and alerts
Geopolitical developments in Iran
Early-week announcements
Final Thoughts
MarkZ summed it up best:
“This is going to be a crazy week… buckle up.”
Whether all rumors prove accurate or not, the convergence of banking, bonds, Iraq, and geopolitics is undeniable.
The can may finally be done rolling.
Stay Connected & Informed
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#GlobalReset #BankingSignals #Silver
#Geopolitics #FinancialNews
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Mod: GOOD MORNING AND HAPPY SATURDAY EVERYONE! CBD GURUS MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND THEN MARK GIVES THE NEWS UPDATE
Member: Good morning Mark, Mod team, fellow RVers, and CBD gurus. hope everyone is having a blessed weekend
MZ: It will be a little fun this morning for the news. I have things from bond contacts…..I cannot share everything because I have agreed not to. This is for the personal safety of their funds.
MZ: I have a number of bond contacts telling me that there are a lot more bond related Historical artifacts or boxes of very historic stuff came to the market….three different buyers and a mad scramble
MZ: I have one contact tell me that absolutely some fellow bond holders have been paid. But he won’t give me details. I will be trying to find confirmations but they do expect something big to happen this coming week in the revaluation process.
MZ: A number of bond contacts are eying this upcoming week for great movement. Does this mean we may know the date ? I do not know but expect a substantial amount of news between now and Monday based on the overwhelming amount of messages I got last night
MZ: Group rumors are about the same as bond rumors about this coming week. Most seem to be focused on Tuesday as getting some positive news. But I have had a couple folks in groups say that timing wise …things are starting to process…..we will see.
MZ: Stay calm as there are a lot of indicators right now pointing at the same time.
MZ: We have Iraqi Parliament going back to work tomorrow and I think Monday is going to be a big news day for a change. I am pretty excited about this one.
MZ: Dominating the news in Iraq is non-oil revenues. And possibly reducing the Customs rates or possibly postponing and going in with levels . this is the same law passed years ago and finally implementing …..of course people are screaming about it.
MZ: They have been asking Sudani to sit in and preside on these meetings. I think they have figured out things will not work without Sudani right now. There is a number of sensitive subjects for tomorrow in Iraq which means that Monday should be a big news day for them as well.
MZ: Rumors from Iran is that overnight Iranian Supreme Leader Ayatollah Ali Khamenei was moved into a bunker and that the Iranian guard has been routed and removed from the streets. Possibly their chain of command is imploding. If any of this is accurate we may be seeing the end of the Iranian regime from 1979. If so this is very historic.
MZ: If true they wont have to worry about Iranian influence in Iraq any more and will be free to pull the trigger.
MZ: There was a little bit of a leak at Goldman Sacs. They believe silver could go to $412. They quate the reason which is about a 8.7 billion oz. short.
MZ: The news is really coming loose…..now we have to see what is real. I think Monday morning will have far better than normal news. I am expecting some fun stuff early in the week to tell us where we are headed.
MZ: My banking contacts that did not work this weekend gave me an update ….They were told to (what it appears) “enjoy your last weekend off for a few months” I am excited about this news. But stay grounded as we find out what is real and what is not.
Member: Mark... WF Bank in Kansas posted on market "Currency exchanges after Jan 10 will be appointment only"
MZ: Wow…we have had some interesting bank stories as of late …many informed they will see this soon but don’t know the exact timing…..sent to me by you guys.
MZ: This is going to be a crazy week…..buckle up…we may have run out of rope and done kicking that can.
Member: Have a very blessed weekend everyone and see you all Monday morning for coffee and am so looking forward to it. I love and appreciate you all.
Member: Really hope this is our last weekend broke.
Unregulated Digital Revenues Pose Financial Risks In Iraq, Expert Warns
Unregulated Digital Revenues Pose Financial Risks In Iraq, Expert Warns
2026-01-11 Shafaq News– Baghdad Iraq’s rapidly expanding digital content sector operates largely without regulation, allowing significant online revenues to move outside state oversight and increasing financial risk, a member of the Dijlah Center for Strategic Planning warned.
Speaking to Shafaq News on Sunday, Ali Karim Idhayib noted that the spread of social media, especially live streaming and paid content, has created parallel cash flows beyond existing controls, cautioning that the absence of clear rules on income disclosure, taxation, and supervision leaves the sector vulnerable to misuse, including tax evasion and the movement of funds with unclear origins under media or entertainment labels.
According to Chatham House, a London-based policy institute, Iraq’s digital economy is expanding faster than the state’s ability to monitor it, driven by a surge in online retail, ride-hailing platforms, and content monetization over the past five years. While these sectors have become a key opportunity for Iraq’s youth, who make up more than 60% of the population and face unemployment exceeding 35%, the think tank noted that weak infrastructure, unstable regulations, limited financing, and fragmented oversight are major constraints.
“The challenge is not technology itself, but how it is managed,” Idhayib stressed, pointing to international models that require transparency, integrate digital earnings into tax systems, and coordinate with major platforms. Iraq, he added, needs a similar framework adapted to local conditions.
He called for a national effort involving state institutions, economists, and communications regulators to align regulation with the pace of digital growth. https://shafaq.com/en/Economy/Unregulated-digital-revenues-pose-financial-risks-in-Iraq-expert-warns
Mnt Goat: UN Assessment Confirms Iraq’s Transformation Toward Economic Stability Beyond Oil
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According to a UN assessment cited by Mnt Goat, Iraq has become “remarkable and unrecognizable” compared to years ago, strengthening confidence in its institutions and moving steadily toward economic stability beyond oil dependency.
Mnt Goat Analysis: A Major UN Endorsement of Iraq’s Progress
In a powerful confirmation of long-term reform, Mnt Goat points to a recent United Nations assessment that validates what many observers have been watching unfold inside Iraq:
the country is fundamentally changing—economically, institutionally, and strategically.
This is not speculation.
This is international recognition.
UN Assessment: Iraq Is “Unrecognizable” Compared to the Past
The articleAS authoritative source, UN Coordinator in Iraq, Ghulam Ishaq Zai, offered a striking evaluation of the nation’s progress:
“Iraq has strengthened confidence in its institutions and is moving steadily towards stability… the country has become remarkable and unrecognizable compared to what it was years ago.”
This statement alone carries enormous weight because it reflects:
Independent international observation
Long-term development benchmarks
Institutional and governance confidence
Why This Statement Is So Important
Mnt Goat highlights the real significance behind the UN’s words:
“This shows us the country is slowly moving away from oil as the sole source of revenue.”
For decades, Iraq’s economy—and its currency—were anchored almost entirely to oil. That model limited growth, increased vulnerability to sanctions, and stalled monetary reform.
That model is now changing.
Iraq’s Budget Is No Longer Oil-Centric
According to Mnt Goat, even Iraq’s budget framework is evolving:
“Now even the budget is no longer evolving around oil.”
Instead, Iraq is shifting toward:
Non-oil revenue streams
Trade and customs income
Domestic production
Service-sector growth
Tax and infrastructure-based revenues
This transition is essential for long-term currency stability.
From Oil Dependency to Overall Economic Stability
Mnt Goat emphasized the broader implication:
“They are moving to general terms of overall economic stability which means all revenue, including revenues from non-oil sources.”
This is the economic foundation required for:
Currency normalization
Exchange rate reform
Global financial integration
Reduced exposure to sanctions
“They are truly moving away from the sanctioned rules of everything evolving around oil.”
That point cannot be overstated.
Why This Matters for Iraq’s Currency Future
A diversified economy:
Supports a stronger currency
Reduces volatility
Improves investor confidence
Aligns with IMF and UN standards
This UN-backed assessment confirms Iraq is now meeting the prerequisites that were previously missing.
Q&A: Mnt Goat UN Assessment Explained
Q: Who issued this assessment of Iraq?
A: The United Nations, through its coordinator in Iraq, Ghulam Ishaq Zai.
Q: What does “unrecognizable” really mean?
A: Institutional trust, stability, and economic structure have fundamentally improved.
Q: Is Iraq still dependent on oil?
A: Oil remains important, but Iraq is actively diversifying revenue sources.
Q: Why is this important for monetary reform?
A: A diversified economy is a core requirement for sustainable currency value.
What to Watch Next
Continued UN and IMF commentary
Budget allocations beyond oil
Growth in non-oil sectors
Infrastructure and trade expansion
Currency reform groundwork
Final Thoughts
Mnt Goat’s reaction says it best:
WOW!
This is not hype.
This is confirmation.
When the United Nations declares Iraq “remarkable and unrecognizable”, it signals that the country has crossed a threshold—from survival to stability, from dependency to diversification.
This is exactly what long-term reform looks like.
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Mnt Goat
Article: "UN ASSESSMENT: IRAQ TODAY IS UNRECOGNIZABLE COMPARED TO YEARS AGO" Quote: "The UN coordinator in Iraq, Ghulam Ishaq Zai, gave an optimistic assessment of the situation in the country, stressing that Iraq has strengthened confidence in its institutions and is moving steadily towards stability, while noting that the country has become “remarkable and unrecognizable” compared to what it was years ago."
This shows us the country is slowly moving away from oil as the sole source of revenue and now even the budget is no longer evolving around oil.
WOW! They are moving to general terms of overall economic stability which means all revenue, including revenues from non-oil sources. WOW! They are truly moving away from the sanctioned rules of everything evolving around oil. WOW!
US Chargรฉ d'Affaires: The United States emphasizes the need for immediate action to dismantle "militias" in Iraq
US Chargรฉ d'Affaires: The United States emphasizes the need for immediate action to dismantle "militias" in Iraq
The US Embassy in Baghdad stated that the United States will continue to clearly emphasize the need for immediate action to dismantle militias in Iraq.
In a post on its X platform, the embassy said that Chargรฉ d'Affaires Joshua Harris met with Ammar al-Hakim, leader of the Hikma Movement, to discuss shared interests in protecting Iraqi sovereignty, defeating terrorism, enhancing regional security, and strengthening economic ties that benefit both Americans and Iraqis.
Harris reiterated that "the inclusion of Iranian-backed terrorist militias in the Iraqi government, in any capacity, is incompatible with a strong US-Iraqi partnership."
He added that "the United States will continue to clearly emphasize the need for immediate action to dismantle terrorist militias that serve foreign agendas and threaten Iraq's sovereignty, stability, and economy." link
Jeff Clarifies Iraq’s Exchange Rate Confusion: The 1310 Rate, Misleading Claims, and Why Change Is Inevitable
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Jeff confirms that Iraq’s current official exchange rate remains at 1310 IQD per USD on the Central Bank website, calling recent claims about a 1300-based 2026 budget misleading while emphasizing that Iraq’s own actions make a future rate change unavoidable.
Jeff’s Iraq Monetary Reality Check
In a space often filled with speculation and confusion, Jeff delivers a grounded and direct clarification regarding Iraq’s exchange rate, the 2026 budget, and recent commentary circulating within the dinar community.
His message is clear: not everything being said is accurate—and context matters.
The Truth About the 2026 Budget and the 1300 Rate
Jeff addressed claims suggesting Iraq’s 2026 budget would be calculated using a 1300 IQD per USD exchange rate, stating plainly:
“They said the 2026 budget would be calculated off of currency valued at 1310 per US dollar.”
He went on to dismiss recent chatter outright:
“Thursday’s comments are misleading garbage.”
According to Jeff, there is no official movement toward a 1300-based budget at this time.
What the CBI Website Actually Shows
Jeff emphasized an important and verifiable point:
“The rate right now on the central bank’s website live… is still at 1310.”
This matters because:
The CBI website reflects the official rate
No formal change has been implemented yet
Claims of an active 1300 rate are premature
“They are misleading you guys. There isn’t a ‘26 budget coming forward at 1300.”
However—Why the Rate Still Must Change
Despite correcting misinformation, Jeff made a crucial distinction:
“Based on Iraq’s actions they have to change the rate. They absolutely have to change the rate based on their actions alone.”
This highlights a key reality:
Iraq’s economic reforms
Infrastructure spending
International trade positioning
Budgetary mechanics
All require a future exchange rate adjustment to remain sustainable.
In other words, timing is the issue—not necessity.
A Warning to the Community: Dig Deeper
Jeff offered a sober reminder:
“You can’t trust everything out of Iraq. Sometimes you have to dive in deeper.”
This statement underscores:
The complexity of Iraqi politics
Conflicting narratives from officials
The importance of verifying sources and data
Surface-level headlines often fail to reflect real policy mechanics.
Why This Perspective Is Important
Jeff’s analysis serves as a balancing force by:
Correcting false expectations
Reinforcing factual data (1310 rate)
Acknowledging inevitable reform without hype
This type of clarity helps the community remain informed, patient, and realistic.
Q&A: Jeff’s Exchange Rate Clarification
Q: Is Iraq currently using a 1300 exchange rate?
A: No. According to Jeff, the official CBI rate remains at 1310 IQD per USD.
Q: Is the 2026 budget based on 1300?
A: No. Claims suggesting that are misleading.
Q: Will Iraq eventually change the rate?
A: Yes. Jeff believes Iraq’s actions make a future rate change unavoidable.
Q: Why is there so much confusion?
A: Conflicting statements, political messaging, and incomplete reporting contribute to misinformation.
What to Watch Going Forward
Official CBI announcements
Budget framework updates
Economic reform implementation
Verified exchange rate postings
Continued analysis from Jeff and trusted sources
Final Thoughts
Jeff’s message is not pessimistic—it’s precise.
The rate has not changed yet, despite rumors.
But Iraq’s economic trajectory makes it inevitable.
Understanding the difference between what is happening now and what must happen next is essential.
Stay Connected & Informed
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Jeff
They said the 2026 budget would be calculated off of currency valued at 1310 per US dollar...Thursday's comments are misleading garbage...The rate right now on the central banks' website live...is still at 1310. They are misleading you guys. There isn't a '26 budget coming forward at 1300.
It's not happening...Based on Iraq's actions they have to change the rate. They absolutely have to change the rate based on their actions alone...You can't trust everything out of Iraq. Sometimes you have to dive in deeper...
An economic observatory reveals the Central Bank of Iraq's conditions for banks to trade in currencies other than the dollar
An economic observatory reveals the Central Bank of Iraq's conditions for banks to trade in currencies other than the dollar.
An economic observatory announced the new conditions set by the Central Bank of Iraq for banks wishing to trade foreign currencies other than the dollar, such as the European "Euro" and the Chinese "Yuan," noting that among these conditions is that "the bank's capital must be 300 billion Iraqi dinars."
The Eco Iraq Observatory explained in a press statement on Saturday, January 10, 2026, that “the Central Bank circulated a document entitled (Guidelines and Models for Assessing Minimum Requirements) for banks prohibited from dealing in dollars and wishing to work in other foreign currencies such as the European Euro, the Chinese Yuan, the UAE Dirham, and others, indicating that “this document is part of the banking sector reform program implemented by the Central Bank.”
The observatory noted that “the document included conditions, most notably that the bank’s capital be 300 billion dinars with a plan to reach 400 billion dinars by the end of 2028,” as well as “the bank having sufficient and regular liquidity to cover its obligations and the obligations of customers, in accordance with international banking regulations (LCR and NSFR).”
"The document emphasized the disclosure of the bank's ownership, i.e., providing a complete and approved list of shareholders, with full disclosure of related parties," according to the statement.
The Economic Affairs Observatory “Eco Iraq” had previously revealed that 35 out of 72 banks operating in Iraq were subject to US sanctions, either due to sanctions by the Office of Foreign Assets Control (OFAC), i.e., the bank being placed on an international blacklist and its financial transactions being paralyzed or its dollar transactions being stopped, or as a “temporary regulatory measure” and not a penalty, to force the bank to comply with transparency. link
MarkZ Update: Banks Working Overtime Until January 16th as RV Expectations Intensify
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According to MarkZ, regional bankers are reportedly working from 6 a.m. to 10 p.m. until January 16th to complete the RV process, while growing chatter from Iraq suggests the CBI may be preparing to raise the dinar’s value.
MarkZ RV Intelligence Update
Via PDK
Momentum continues to build across the financial landscape as MarkZ shares encouraging updates pointing to increased banking activity, extended working hours, and rising optimism tied to the long-anticipated RV process.
While patience remains necessary, confirmations are steadily increasing from multiple directions.
Regional Banker Report: Extended Hours Until January 16th
A compelling comment shared with MarkZ revealed the following:
“My friend spoke to his region’s banker and it was said they are working from 6am to 10pm until January 16th to get this RV done. Banker was VERY optimistic!”
This type of operational schedule is highly unusual for standard banking procedures and strongly suggests that extraordinary financial processes may be underway behind the scenes.
Extended hours often indicate:
System updates and reconciliations
Compliance and settlement preparations
Anticipation of a significant financial event
MarkZ Reaction: Confirmations Are Increasing
MarkZ responded with cautious optimism:
“Wooo… Lots of people out there are getting more confirmations from their banks. It’s not everyone… but it’s happening more and more.”
He emphasized that although progress may feel slow, movement is undeniable:
“We just need to hang on. Things are happening… just not as fast as any of us want.”
This aligns with a familiar pattern seen in past financial transitions—quiet preparation followed by sudden execution.
Growing Chatter From Iraq: Is the CBI Preparing a Value Increase?
Reports coming out of Iraq are raising an important question:
“Why does the CBI refuse to revalue the dinar in order to balance their budget?”
Interestingly, the same chatter now suggests a shift in thinking, with discussions indicating that:
The CBI may be looking to increase the dinar’s value
Budget balancing pressures are intensifying
Inflation and purchasing power concerns persist
If accurate, this would represent a significant change in posture from the Central Bank of Iraq.
Why This Matters: Banking Signals + Iraq Signals
When bank activity outside Iraq aligns with monetary chatter inside Iraq, it often signals that:
Planning stages are complete
Execution timing is being finalized
Coordination between institutions is active
This convergence is exactly what many have been waiting to see.
Q&A: MarkZ RV Update Explained
Q: Are banks really working extended hours for the RV?
A: According to a regional banker report shared with MarkZ, yes—some banks are working from 6 a.m. to 10 p.m. through January 16th.
Q: Does this mean the RV is guaranteed?
A: No event is guaranteed, but extended banking operations and optimism are strong indicators of preparation.
Q: Is Iraq considering increasing the dinar’s value?
A: Chatter from Iraq suggests discussions are underway about increasing the value to help balance the budget.
Q: Why hasn’t the CBI acted sooner?
A: The CBI balances inflation control, political pressure, and economic stability—timing is critical.
What to Watch Closely
January 16th timelines
Continued bank confirmations
Official CBI statements or rate movements
Budget and fiscal developments in Iraq
Ongoing commentary from MarkZ and PDK
Final Thoughts
While the wait tests everyone’s patience, behind-the-scenes activity is increasing, not decreasing.
Extended bank hours, growing confirmations, and shifting dialogue from Iraq all point to a system nearing readiness.
As MarkZ reminds us:
Progress is happening—even if it’s not happening fast enough for any of us.
Stay Connected & Informed
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Hashtags
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#ForexNews #IraqDinar #BankingNews #FinancialReset #PDK
MarkZ
[via PDK]
Comment: ...my friend spoke to his Region's Banker and it was said they are working from 6am to 10 pm until Jan 16th to get this RV done. Banker was VERY optimistic!
MarkZ: Wooo...Lots of people out there are getting more confirmations from their banks. It's not everyone…but it’s happening more and more. We just need to hang on. Things are happening…just not as fast as any of us want.
From Iraq: “Why does the CBI refuse to revalue the dinar in order to balance their budget?” Some of the chatter this morning is saying they are looking to go up in value.