Frank26 Update: Sudani Confirms the CBI Holds the Key to the Exchange Rate
Frank26 Iraq Boots-on-the-Ground Report: What Was Really Said
A recent televised appearance by Prime Minister Mohammed Shia al-Sudani has reignited discussion around Iraq’s monetary reform and exchange rate authority.
What makes this moment important is not what was explicitly said — but how it was said.
Sudani’s Statement: The Exchange Rate Is the CBI’s Responsibility
Solely the responsibility of the Central Bank of Iraq (CBI)
This distinction is critical.
The government can:
Stabilize markets
Implement fiscal discipline
Reduce currency spread
But it cannot legally announce or execute a rate change.
Why Sudani Is Speaking Now
FRANK26 Analysis:
This appears to be Sudani’s role in the process:
Preparing Iraqi citizens psychologically
“Massaging” monetary reform messaging
Softening the population for future value changes
Saying the obvious — without violating the constitution
Iraq’s constitution forbids officials from directly stating:
“We are about to raise the value of the currency.”
But they can:
Suggest it
Hint at it
Illustrate mechanisms
Discuss removing zeros to add value
Educate without announcing
This is expectation management, not coincidence.
The Importance of the “Three Zeros” Language
Sudani and CBI-linked messaging often refer to:
Removing the three zeros
Adding purchasing power
Improving currency efficiency
This language:
Normalizes the concept of value change
Reduces public shock
Builds acceptance before execution
In short: 👉 Education before activation
The 1310 Rate: Alaq’s Statement Under the Microscope
OMAR Reminder:
CBI Governor Alaq stated:
“1310 will be active until the end of December.”
He did not explicitly say what happens after.
FRANK26 Commentary (Opinion, Not Fact):
Frank offers a personal interpretation:
If something is only active until December 31st, then logically it may not be active on January 1st.
Important clarification:
This is Frank’s opinion
This is not an official CBI statement
Misinterpretation online is common
Why Discipline Matters Right Now
Frank also issued an important warning:
Social media is filled with undisciplined speculation
Words are twisted into guarantees
Opinions become “facts” overnight
This is dangerous during sensitive monetary transitions.
Responsible analysis requires:
Separating statements from interpretation
Understanding constitutional limits
Respecting timing and process
Featured Snippet: Who Controls the Exchange Rate in Iraq?
Who has the authority to change Iraq’s exchange rate? Only the Central Bank of Iraq (CBI). The government can stabilize markets and reduce the gap between official and parallel rates, but it cannot legally announce or implement a rate change.
Why This Messaging Matters Right Now
Sudani speaking publicly about:
Exchange rate responsibility
Market gap reduction
CBI authority
…is not accidental.
It signals:
Alignment between GOI and CBI
Confidence in reform progress
A need to educate citizens before change
Historically, this type of messaging appears late in the reform cycle, not early.
Q&A Section
Did Sudani announce an RV?
No. He cannot legally do so.
Does this confirm a rate change is coming?
It confirms preparation and authority, not timing.
Is 1310 ending on January 1st?
That is speculation, not official confirmation.
Why talk about removing zeros instead of “RV”?
Because it is constitutionally acceptable language that prepares citizens.
Key Takeaway
This update is not about hype.
It is about:
Who speaks
What they are allowed to say
Why they are saying it now
Sudani is doing his part. The CBI will do theirs — when the system is ready.
FIREFLY:Sudani was on TV yesterday...talking about it's the responsibility solely of the CBI to change the exchange rate. He said he government has...lowered the gap between the official rate and the parallel market rate. But to actually change the rate is the responsibility of the CBI.
FRANK: It looks like it's Sudani's turn to come out and massage the monetary reform for the Iraqi citizens so they can become nice and tender about receiving it...It's Sudani's turn to say the obvious without directly saying it because it is against the constitution to tell you, 'we're about to raise the value.' But they can tell you, 'We can raise the 3 zeros to add value.' They can suggest it...hint it...exemplify it...illustrate it. Hell, they can draw it on a map...so that it softens the shock of introduction...
OMAR: Don't forget Alaq said 1310 active until the end of December and he left it at that. He didn't say it was ending...
FRANK: That's pretty much the same damn thing isn't it? But we have to be careful because we have so many undisciplined people on the internet...If the doctor told me my body was only going to be active until December 31st, then IMO that means I won't be around on January 1st...IMO 1310 will not be around after January 1st. That's my opinion. That's not what Alaq said...