The Central Bank of Iraq Governor Ali Al-Alaq has publicly confirmed plans to revalue the Iraqi Dinar against the US dollar, with upcoming high-level meetings scheduled with the US Federal Reserve and Treasury Department. The new Prime Minister Al-Zaidi is implementing urgent reforms, including a 100-day corruption cleanup mandate and directives to transform the oil ministry into a value-added production powerhouse. Parliament has passed 16 laws, with the critical Oil and Gas Law described as a 'slam dunk.' The exchange process is expected to occur at rates higher than 1:1 before settling at parity, and investors can negotiate favorable exchange rates by building private client relationships with banks before any official announcements.
Deep Dive
Prerequisite Knowledge
- No data available.
Where to go next
- No data available.
Deep Dive
🚨 Iraqi Dinar: It Just Happened. (Governor Alaq’s Public Confirmation) 🚨 IQD News TodayAdded:
Welcome back everybody. Today we have some genuinely historic updates from Iraq. The central bank governor just confirmed the evaluation plans publicly.
There is a onetoone rate debate happening openly in Iraq television.
The new prime minister is moving fast and parliament is finishing major laws and there are some very important things you need to know about exchanging. Let's break it all down together one step at a time. This is the moment that a lot of investors have been waiting a very long time to see. Ross reported this week that central bank Governor Ali alak confirmed on Tuesday that there are actual plans to revalue the Iraqi dinar against the US dollar. He also stressed that Iraqi funds are not subject to US sanctions which directly addresses one of the biggest concerns investors have carried for years. But Alak did not stop there. He announced that upcoming talks are being scheduled bringing the central bank of Iraq together with the US Federal Reserve and the US Treasury Department. And in the same statement, he noted that both institutions have publicly praised the role and performance of the central bank of Iraq.
Read that again carefully. The Federal Reserve and the US Treasury are not just meeting with Iraq. They are openly praising the institution they are meeting with. That is a very specific kind of signal from the two most powerful financial bodies in the world.
Ross also provided critical context around why these meetings are happening right now at this particular moment. He pointed out that the Iran conflict kicked off on February 28th and uh almost immediately after that Iraq got a new reform focused prime minister, a 100 day corruption cleanup mandate, a public CBI statement saying no devaluation and no sanctions on funds, open praise from the United States and now this scheduled high level meetings with the new Federal Reserve team and Treasury. Ross was direct about his own reaction. He said he is shocked the CBI is giving such a clear signal and that in his view the IQD is going to revalue. He described an unlimited number of new convergences all moving inside the same window heading toward America's 250th anniversary. That last detail is worth sitting with. Major international financial resets have historically been tied to symbolic or politically significant moments.
America's 250th anniversary in 2026 is precisely the kind of milestone that creates both urgency and political cover for large scale monetary changes. Allah confirming evaluation plans publicly is not something I expected this week. That is a sitting central bank governor saying it out loud. The Federal Reserve and Treasury praising the CBI. On top of that, Frank 26's boots on the ground contact Omar reported something this week that adds important nuance to the onetoone conversation that has been circulating widely across the community. Omar described a television discussion featuring an Iraqi economist named Mazin al-Ashikar who was sharing a clip and a post from his Twitter account. The Arabic text according to Omar's translation said something along the lines of the first step for the Iraqi economy is printing new currency Adinar equal to $1. But Omar was careful to add something critical. The economist himself made clear that this is not an official action. It is a debate, a conversation that has been happening in Iraqi media and politics. Nothing about it is formally announced or confirmed by the government. Frank 26 response to that framing was thoughtful and worth understanding. He said it is very healthy to see a constant conversation about the need for a new exchange rate.
He explained that the economists are delivering truth about monetary reform and that the information is critical to be absorbed by Iraqi citizens right now before any official move happens. That framing matters. Governments do not prepare their populations for major monetary changes by making sudden announcements. They allow the conversation to build gradually in media, among economists and across public discussion so that when the change comes, it does not create panic or confusion. Marks added a very important layer to this conversation this week through information from my cautral. The key point was this. The exchange for investors is expected to happen at a rate higher than 1:1 before the currency eventually settles at par.
In other words, investors who are positioned and prepared would exchange at a favorable rate first and then the currency moves to one to one afterward.
Mark Zed also connected this to a broader global conversation pointing out that Donald Trump and others around the world have spoken about currencies needing to go to parity. The mechanism being described is a reset of values first and then a move to par. The exchange opportunity for investors sits inside that reset window. Bruce added his own update this week, saying he had heard most recently on Tuesday that exchanges for tier 4 B holders could start Wednesday, Thursday or Friday of that same week. He was clear that notifications were still expected and he acknowledged the uncertainty but the message he received was described as clear and specific about the time frame.
The distinction Marxy made is a really important and most people are missing it. Exchanging at a higher rate first then it goes to one to one. That is a completely different picture that what most people assumed.
Jeff made a very precise observation this week about the energy and urgency surrounding the new prime minister and why it is not accidental. He said Alzad is more urgent than the last administration and then he connected that urgency to something specific. He explained that the new administration was described as the government that would take Iraq into the next phase, the next stage. And in Jeff's reading that next stage means the post rate change era. Not the era leading up to it, the era that comes after it. That framing changes how you read every action Lid takes. If his mandate is to govern the period after the rate changes, then the rate changing is not a future event his government is working toward. It is a starting condition of everything his government was designed to manage.
Jeff's conclusion was measured but clear. He said the rate change is reasonably close when you observe the actual actions being taken rather than the official statements being made.
Militia man connected that urgency to something very concrete this week. He reported that Al Zidi visited the oil ministry and issued clear strong directives. He instructed the ministry to transform itself from simply selling crude oil into a value added production powerhouse. He pushed for aggressive diversification of export routes, development of prochemical industries, capturing of gas resources and maximizing returns from every single barrel. Militia men's analysis of those directives was direct. He said these kinds of moves improve revenue resilience and make a managed strengthening of the dinar far more realistic. In his words, the execution phase is clearly gaining momentum. When a new prime minister's first visits include the oil ministry with directives this specific and this aggressive, it tells you that he is not touring the government to introduce himself. He is arriving with a plan already formed and he is moving immediately to execute it.
Jeff calling this post rate change era government really stopped me that is not a government working toward a rate change that is a government designed to manage what comes after it and Alzadi showing Mnt good brought an update this week that adds important context to the legislative picture especially for investors who have been watching the oil and gas law as a critical milestone. She confirmed that the oil and gas law has not yet been officially passed, but she was equally clear that it looks like a very near-term certainty, describing it as a slam dunk that appears very close to completion. She pointed to a specific article reporting that Parliament is actively moving to avoid what officials described as a paralysis scenario and is aiming to finalize the oil, gas, and telecommunications laws in the near term. The supporting detail she highlighted is significant. The House of Representatives has already completed the reading and passage of 16 laws so far with a specific focus on strategic legislation related to oil and communications. 16 laws already completed with the most critical ones now being described as imminent inside a parliament that is explicitly trying to prevent legislative gridlock. That combination, urgency from leadership, significant laws already passed, and the most strategic ones next in line creates a very different picture than the narrative of endless Iraqi legislative delays that has defined this community's expectations for years. The oil and gas law matters specifically because it governs how Iraq distributes oil revenue to its regions and citizens. Without it, the economic benefits of oil wealth cannot flow properly through the system.
And as Frank 26 pointed out previously, the HCL framework cannot deliver meaningful purchasing power at the current exchange rate. Everything connects the laws, the rate, the oil revenue, and the purchasing power that follows. 16 laws are already passed and the oil and gas law described as a slam dunk. That is not a parliament that is stuck or paralyzed. That is a parliament moving with real purpose and real urgency. Stephen raised something this week that I think is one of the most practical important topics in this entire community and it is something most investors have genuinely never thought about. He explained that most people do not know that when the time comes to exchange, you can actually negotiate the rate you receive at your bank. He specifically talked about private clients at institutions like Chase, explaining that high netw worth clients, meaning people with significant holdings, get certain privileges that regular account holders do not receive.
Those privileges include the ability to have a real conversation about the rate rather than simply accepting whatever the posted window rate happens to be at that moment. Stephen pointed out that depending on how much currency you hold, many dinar investors may actually qualify for these private client tiers without fully realizing it. This connects directly back to what reset intelligence outlined in previous discussions about the need for a tier one bank relationship with IMF correspondent standing established before the rate event rather than after.
Stephen's point adds another layer to that preparation. It is not just about which bank you use. It is about what relationship you have built with that bank before the moment arrives. The difference between walking into a bank as a standard customer and walking in as an established private client with a pre-existing relationship could be a meaningful difference in the actual rate you walk out with. And uh given the scale of what is potentially coming, even a small difference in the exchange rate uh represents a very significant difference in the final outcome. I had no idea you could negotiate the exchange rate until Stephen said this. Most people will walk in without preparation and accept whether they offered.
Building a bank relationship now before any announcement happens is the smart move. This is exactly the Ross stepped back this week and gave one of the most comprehensive big picture assessments of the current environment and uh I think uh it deserves to be the final thought that investors carry out of this week's conversation. He asked a simple but powerful question. Why is the CBI suddenly announcing meetings with the Federal Reserve and the US Treasury right now at this specific moment? His answer was equally direct because the IQD is going to revalue and the CBI is giving a signal about it that even shocked him given how carefully central banks normally guard that kind of information. He then laid out the convergences that are all arriving inside the same window at the same time.
a new reform focused prime minister, a 100-day corruption cleanup mandate, a public CBI statement that there will be no devaluation and no sanctions on Iraqi funds, open and specific praise from the United States government toward the central bank. Scheduled high level meetings with both the Federal Reserve and the Treasury. A new prime minister already visiting the oil ministry with aggressive reform directives. Parliament pushing to finalize strategic laws and all of this arriving together in the same period heading toward a historically significant American anniversary. Unlimited convergences in Ross' words all pointing to the same direction inside the same window. Now investors have heard similar language in previous years and the temptation is to let experience create skepticism. That is a fair and reasonable response to a long investment. But the difference this cycle is the specificity. These are not vague rumors or forum interpretations.
These are confirmed meetings, named officials making public statements, parliament reporting specific laws passed and a sitting central bank governor using the word revaluation in a public setting. The convergences this time are not just in volume. They are in specificity, source credibility and official confirmation. And that combination is genuinely different from anything this community has seen before. Rose putting all the convergences together in one place is hard to dismiss. Every single piece is pointing in the same direction inside the same window. And the difference this time is that there are named officials and confirmed meetings. Not. So that is everything from Iraq today. Allah confirmed valuation plans publicly and meetings with the Fed and Treasury are set. A 1:1 rate is being debated openly on Iraqi television. The new PM is moving fast and parliament is finishing critical laws. Prepare your bank relationship now before the announcements ever comes.
Nothing is official yet, but the signals have never been this specific before.
Stay patient, stay prepared, and I will see you in the next video.
Related Videos
Truckers Finally Seeing Higher Rates… But Carriers Are STILL Going Bankrupt
LetsTruckTribe
480 views•2026-05-28
IS THIS THE REAL REASON FOR DATA CENTERS?
PrepperDawg
7K views•2026-05-31
JPMorgan CEO JUST NUKED Mamdani... as NYC's Middle Class COLLAPSES
Englishman-In-NewYork
7K views•2026-05-30
The Dark Age Of Blue Collar Has Begun
derekpolasekofficial
4K views•2026-05-28
Why People Pay More For Someone They Trust
financian_
66K views•2026-05-28
What has a broader economic impact, corporate downsizing or ecological collapse?
theratracejournal
1K views•2026-05-29
China Is Quietly Buying Gold, the Iran Deal Is Frozen, and Silver Is Heating Up
RichardHolloway0
694 views•2026-05-31
Why Canadians can no longer afford to survive #canada #inflation #shorts
TrueNorthInvestor-v4j
131 views•2026-06-01











