Showing posts with label #JeffUpdate #IraqDinar #IQD #CBI #ExchangeRate #DinarRevaluation #IraqBudget #ForexNews #MonetaryPolicy #FinancialReality #EconomicReform. Show all posts
Showing posts with label #JeffUpdate #IraqDinar #IQD #CBI #ExchangeRate #DinarRevaluation #IraqBudget #ForexNews #MonetaryPolicy #FinancialReality #EconomicReform. Show all posts

Sunday, January 11, 2026

The revaluation of the Vietnamese dong (VND) has been approved behind closed doors AT $0.41-$0.49

US Chargé d'Affaires: The United States emphasizes the need for immediate action to dismantle "militias" in Iraq

 US Chargé 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 Chargé 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

Featured Snippet 

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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#JeffUpdate #IraqDinar #IQD #CBI #ExchangeRate
#DinarRevaluation #IraqBudget #ForexNews
#MonetaryPolicy #FinancialReality #EconomicReform

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...

🇮🇶 Clare & Jeff: Iraq Maintains Dinar Value — Exploring the 1:1 Exchange #iqd #iraqidinar #iraq

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


RESET INTELLIGENCE: PMF Militia Leaves Iraq & CBI Prepares Infrastructure – Signals for Iraqi Dinar Holders

PMF Militia Leaves Iraq & CBI Prepares Infrastructure – Signals for Iraqi Dinar Holders Introduction Recent developments in Iraq show a ...