Banknote Blog
The BRICS Blockade: De-Dollarization & The New Iron Curtain
The BRICS Blockade
De-Dollarization and the New Iron Curtain of Currency
The year 2026 marks a definitive rupture in the global financial architecture, a moment in history that future economists will identify as the solidification of a bifurcated monetary world. For decades, the United States dollar served as the undisputed lingua franca of international trade, the bedrock of central bank reserves, and the invisible tether linking global markets. However, the aggressive acceleration of de-dolla
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Feb 23rd 2026 -
Iran Update
The Iran Liquidity Freeze
Why the 5 Million Rial Note is Vanishing
The global financial landscape of early 2026 has been defined by an unprecedented liquidity crisis within the Islamic Republic of Iran, a phenomenon that has transcended mere currency depreciation to become a systemic "freeze" of physical assets. At the center of this economic maelstrom is the newly issued 5,000,000 rial "Iran-cheque," a high-denomination banknote that was designed to facilitate commerce in a hyperinflationary e
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Feb 11th 2026 -