๐ฎ๐ถ๐ฅSTATUS OF THE RV — WHAT THE CBI CONTACT IS SAYING๐ฅ๐ฎ๐ถ
According to Mnt Goat’s CBI contact, the “Delete the Zeros” project is much further advanced than previously understood. ๐
๐ฆ A CBI committee was reportedly established months ago to study the feasibility of the project, determine a potential start date, and monitor all related factors.
๐️ The committee has also reportedly been working with Iraqi Parliament on the necessary laws required by the Government of Iraq to move the process forward.
๐ The key point from the CBI contact is that this is no longer simply at the “review” or “consideration” stage.
➡️ The project has reportedly progressed toward determining when to begin and eventually announcing the process to the public.
๐ต At the same time, Iraq is experiencing growing shortages of the 250, 500 and 1,000 IQD notes, while large amounts of cash remain outside normal circulation.
According to the CBI contact, these smaller denominations are being hoarded and removed from circulation, increasing pressure on the monetary system.
๐ฅ Mnt Goat states that “Delete the Zeros” would be the mechanism needed to bring this monetary mass back into the system, allowing Iraq to reorganize its monetary structure.
๐ Following this process, the next step discussed would be a move toward FOREX and deeper international financial integration.
๐ฆ THE SEQUENCE BEING DESCRIBED:
๐ฎ๐ถ CBI Committee ⬇️ ๐ Feasibility Study ⬇️ ๐️ Legislative Work With Parliament ⬇️ ๐ Determining a Start Date ⬇️ ๐ข Delete the Zeros ⬇️ ๐ต Monetary Reorganization ⬇️ ๐ FOREX / International Integration ⬇️ ๐ฐ๐ Potential IQD Movement
๐ The most important point: according to Mnt Goat’s CBI contact, this project has been in preparation for months and has reportedly moved beyond simply being “considered.”
๐ฎ๐ถ๐ต The process is reportedly moving toward determining WHEN to begin.
๐ฅ DELETE THE ZEROS — THE PROJECT IS MOVING FORWARD.
Article quote: "The stage of banking collapse has begun in Iraq, specifically in the private banks.
The next stage will most likely be the process of capital flight from the banks, with depositors withdrawing their money from the banks, just as happened in Lebanon a few years ago..."
On the brink of a bank collapse unless they take massive action.
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๐ฎ๐ถ๐จ IRAQ’S BANKING WARNING: IS “DELETE THE ZEROS” BECOMING MORE URGENT? ๐ฐ๐➡️๐
๐ฐ NEWS SUMMARY
A recent warning claims that Iraq’s private banking sector is facing increasing pressure, with concerns that the next stage could be capital flight, as depositors withdraw their money from banks if confidence continues to weaken.
This raises concerns about liquidity, banking stability, and confidence in Iraq’s financial system.
๐ต WHY THIS MATTERS
Iraq is already working to reduce the enormous amount of cash circulating outside the banking system, while pushing banking modernization, digital payments, stronger financial controls, and greater integration with the international financial system.
That creates an interesting connection:
๐ฆ Banking pressure ⬇️ ๐ต Cash outside banks ⬇️ ๐ Need for greater monetary control ⬇️ ๐ฒ Banking & digitalization reforms ⬇️ ๐ข Delete the Zeros / Monetary Restructuring
๐ฅ THE BIG QUESTION
Could the current banking pressures be another reason for Iraq to accelerate monetary reform?
The CBI has not announced that an RV is imminent, and “Delete the Zeros” itself would not automatically create a higher exchange rate.
However, bringing cash back into the banking system and restructuring the monetary system could create a more efficient foundation for a future change in the IQD exchange rate — if the economic fundamentals support it.
๐ฎ๐ถ๐ฐ The bigger story may not be just “Delete the Zeros.”
Article: "Iraq 'cannot afford to take risks'... State administration warns of the repercussions of US sanctions"
Quote: "On Saturday, the State Administration Coalition discussed completing the government formation, the draft oil and gas law, and the country’s financial situation, while stressing the need to spare Iraq the repercussions of the US sanctions imposed on some countries, in light of what it described as the 'difficult financial circumstances.'”
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๐ฎ๐ถ๐จ IRAQ CAN’T AFFORD TO TAKE RISKS — FINANCIAL REFORMS MAY BECOME MORE URGENT ๐ฐ๐
๐ฐ NEWS SUMMARY
Iraq’s State Administration Coalition warned about the potential impact of U.S. sanctions while highlighting the country’s difficult financial situation.
๐ฎ๐ถ Iraq needs to protect: ๐ต Oil revenues ๐ฆ Banking stability ๐ฑ IQD stability ๐ International financial access
๐ฅ THE BIGGER PICTURE
With banking reforms, cash reduction, digitalization, and “Delete the Zeros” all part of Iraq’s broader financial transformation, external pressure could increase the urgency to complete these reforms.
Could this help pave the way for a stronger monetary system — and eventually a stronger IQD? ๐๐ฐ๐
๐ฅ MY HYPOTHESIS: Before the CBI can make a major move toward a much higher IQD rate, Iraq may first need to reduce the massive amount of physical dinar circulating outside the banks.
๐ต WHY IT MATTERS:
๐ฆ More IQD back into banks ๐ Greater monetary visibility ๐ Better control of money supply ๐ Retirement/replacement of old notes ๐ฒ More digital transactions ๐ Greater financial integration
๐ข DELETE THE ZEROS ≠ RV
Removing 3 zeros would change:
1,000 old IQD → 1 new IQD
It changes the denomination — not automatically the purchasing power.
๐ฅ THE BIGGER PICTURE:
๐ต Cash Collection ⬇️ ๐ฆ Banking Reform ⬇️ ๐ฒ Digitalization ⬇️ ๐ Money-Supply Control ⬇️ ๐ข Delete the Zeros ⬇️ ๐ International Integration ⬇️ ๐ Potential Rate Reform
⚠️ And here's the key:
CASH REDUCTION ≠ M2 REDUCTION
If cash simply moves into bank deposits, the money hasn't disappeared.
But if both cash outside banks AND M2 decline significantly, that's a much bigger monetary contraction.
The Coordination Framework is scheduled to hold its weekly meeting this evening. An informed source told Channel8 that cabinet completion faces major gridlock over deputy prime minister appointments, while an emerging proposal suggests delaying weapons collection until after Coalition forces withdraw.
๐ฎ๐ถ๐จ IRAQ TODAY: POLITICAL GRIDLOCK, SECURITY PRESSURE & THE ROAD AHEAD ๐️๐ซ๐ฐ๐
๐ฐ NEWS SUMMARY
Iraq’s Coordination Framework is scheduled to hold its weekly meeting as major political disagreements continue to delay the completion of the government.
According to the report, one of the main obstacles involves disagreements over the appointment of deputy prime ministers. At the same time, a proposal is reportedly emerging to delay weapons collection until after Coalition forces withdraw from Iraq. ๐บ๐ธ๐ซ
This puts several sensitive issues on the table at the same time:
๐️ Government formation ๐ซ Weapons under state control ๐บ๐ธ Coalition withdrawal ๐ฐ Financial stability
๐ Iraq’s international relationships
๐ ANALYSIS — THE BIGGER PICTURE
Iraq is currently navigating several major transitions simultaneously.
The country needs political stability to move efficiently on its economic and financial agenda. At the same time, Iraq is under pressure regarding security issues, weapons control, and its relationship with the United States.
This matters because prolonged political uncertainty can make major economic reforms more difficult to implement.
But there is another important side to the story. ๐
While these political negotiations continue, Iraq is also working on significant financial reforms:
A stronger currency requires much more than simply changing an exchange-rate number.
Iraq needs:
✅ Stronger banks ✅ Greater control over the money supply ✅ Stable international reserves ✅ Controlled inflation ✅ Fiscal discipline ✅ Political stability ✅ International confidence
That is why today’s political developments deserve attention.
The potential progression could look like:
๐️ POLITICAL STABILITY ⬇️ ๐ฆ BANKING REFORM ⬇️ ๐ต CASH REDUCTION ⬇️ ๐ GREATER MONETARY CONTROL ⬇️ ๐ข MONETARY RESTRUCTURING / DELETE THE ZEROS ⬇️ ๐ DEEPER INTERNATIONAL FINANCIAL INTEGRATION ⬇️ ๐ฐ๐ POTENTIAL FUTURE IQD APPRECIATION
⚠️ BUT HERE IS THE KEY POINT
None of today’s political developments confirm an imminent IQD revaluation.
The real question is whether Iraq can successfully resolve its political and security challenges while continuing the financial reforms already underway.
If Iraq can reduce political friction, strengthen its banking system, bring more cash into the formal economy, improve financial transparency, and maintain international confidence, it could create a much stronger foundation for the IQD.
๐ฎ๐ถ๐ก THE BIGGER STORY IS THE FOUNDATION
Iraq is dealing with:
๐️ Government formation ๐ซ Security and weapons control ๐บ๐ธ Relations with the United States ๐ฆ Banking reform ๐ต Cash reduction ๐ฒ Digitalization ๐ข Monetary restructuring
๐ International financial integration
All of these pieces matter.
๐ So the question is not simply:
“WHEN WILL IRAQ CHANGE THE VALUE OF THE DINAR?”
The more important question may be:
“CAN IRAQ COMPLETE THE POLITICAL, BANKING AND MONETARY RESTRUCTURING NEEDED TO SUPPORT A STRONGER CURRENCY?”
๐ฎ๐ถ๐ฐ๐ THE FOUNDATION COMES BEFORE THE RATE.
My take is that Iran, some Iraqi political forces, and Iran-backed militias appear to be pushing back hard against U.S. pressure, particularly over the agreed timeline for bringing these militias under state control.
Reports indicate that some factions are seeking to delay or condition disarmament, including tying it to the withdrawal of U.S. forces.
The big question is: Will Al-Zaidi accept this—and more importantly, will the United States accept it? ๐ฎ๐ถ๐บ๐ธ
If Baghdad fails to meet its commitments, the consequences could extend beyond security and politics into Iraq’s financial system, international relationships, and economic reform agenda.
⚠️ This is economic and geopolitical analysis, not confirmation of an IQD RV or any specific future exchange rate.