7-26-2026 Newshound Guru Jeff REER means Real Effective Exchange Rate.
Depending on where the country’s inflation is, is going to determine the direction the rate is going to go, whether it goes up or down. Iraq has…almost no inflation so the REER is going to go in a positive direction through a redenomination. There’s nothing to worry about here.7-26-2026 Intel Guru Reset Intelligence Iraq’s prime minister signed a rail line to carry trade into Iran, and in the same week let a US-led group begin engineering…the Kirkuk to Baniyas line out to the Mediterranean…Baghdad is turning itself into the crossroads the whole region has to run through….The dinar is the currency sitting on that ground, still priced from before any of this was signed.
7-26-2026 Intel Guru Guy It’s very clear in the last week we’ve had roughly 10 years worth of solid news packed in one week. For those of us who’ve been invested for a long time…if you’re a new investor, trust us, we’ve never seen this much movement ever, ever…it just wasn’t the prime minister. He had the Governor of the Central Bank, his finance minister, an entire delegation of
economic advisers and finance people…There were a lot of back channel meetings going on. We don’t know what happened but why would they be having those unless something’s going to move?
7-26-2026 Newshound Guru Clare Article: “Iraqi dinar Strengthens as Iranian Toman Plunges Amid Tensions“ Quote: “The Iraqi dinar has recorded notable gains against the U.S. dollar, while the Iranian toman continues to lose value due to escalating conflict conditions…Last week, the dinar showed a sharp upward trend. At the start of the week, 100 dollars traded for 153,500 dinars, but by Tuesday, July 21, 2026, it had dropped to 149,500 dinars, and in some cities like Baghdad and Basra even to 149,000. Currently, the rate is stable between 150,000 and 151,000 dinars. Since the beginning of the month, the dinar has regained about 4,000 dinars per 100 dollars.”
7-26-2026 Newshound Guru Stephen Community comment: “Stephen, my bank doesn’t verify currency on site. They said they have to send it off.” Do not allow that to happen…Maybe you have to drive an hour. If that’s the case so be it. You’re going to find out which branches verifies the currency and can do the exchange right there for you. Again, if that money leaves your sight…this can go wrong and things could happen…We’re talking about potentially tens…hundreds of thousands, millions of dollars. That’s nothing to mess around with. You want to be very very careful.
7-26-2026 Newshound/Intel Guru Mnt Goat Article: “EXCLUSIVE: BAGHDAD SEEKS TO ESTABLISH A NEW ECONOMIC ERA WITH WASHINGTON” Quote: “…Iraq’s success in establishing security and extending state authority sends a reassuring message to investors and international companies, and lays the foundation for stronger economic relations with international partners, foremost among them the United States, which will reflect on development opportunities and create a more attractive environment for capital.” Can you say RV, can you say WTO? WOW!
7-26-2026 Intel Guru Frank26 [ Bank Story John and Mark Tampa Bay Florida] I went to the Chase Bank on a Wednesday and asked...Are you going to be exchanging foreign currency? The lady at the teller said yes. I said, How are you going to verify it? She pointed over at a machine. I said, what is that? She goes, a De LaRue machine…I said would you mind verifying something on your machine? She goes, yeah, no problem. I just happen to have some [dinar] with me…On the…little screen..Iraqi dinar was IQD… I said, punch that one right there. She punched the IQD on the screen. She put the [dinar] money up at the top, ran it through, and it come up with the same amount that I gave her earlier. So, it verified the dinar? She goes, yeah, it’s all verified. She handed it back to me and pointed across…every girl at the teller line had that new De La Rue machine in front of them. Three of them and there’s one out back…She goes, we just got them in…She never done it before. I was the first one that she’s ever done that before to verified foreign currency…The first screen with the US on it was full of currency initials but she had to go to the second screen to get to the IQD.
