📌 Mnt Goat Disclaimer
This article reflects Mnt Goat’s personal analysis and opinion based on publicly available Iraqi news and economic data.
It is not financial advice.
Always consult licensed financial professionals before making financial decisions.
📊 Historic Shift: CBI Fixes the Exchange Rate in the 2026 Budget
For the first time since many of us entered this investment, the Central Bank of Iraq (CBI) has officially fixed the national budget to a specific exchange rate.
Why Is This So Important?
Traditionally:
Iraq’s Finance Committee tied the budget to:
Oil prices
Conservative market assumptions
Exchange rates were not locked in
Now:
The 2026 budget is fixed to an exchange rate
This signals confidence, planning, and stability
📌 This is extremely good news.
📰 Let’s Separate FACTS From Panic
As predicted by the CBI, once ASYCUDA (the automated customs system) became fully implemented, temporary dollar demand would rise.
And guess what?
👉 That is exactly what happened.
Dollar rates briefly climbed to around 145,000 IQD per $100
Panic voices screamed:
“150,000 is next!”
“Devaluation is coming!”
🚫 This is speculation, not reality.
⚙️ ASYCUDA Was Designed to Do This
The CBI warned well in advance that ASYCUDA would cause:
Temporary dollar demand increases
Trader behavior adjustments
Emotional market reactions
This is not a policy failure — it’s a mechanical transition.
🔁 Déjà Vu: The First ASYCUDA Wave
History matters.
During the first ASYCUDA rollout:
Economists panicked
Markets reacted emotionally
Devaluation rumors spread
What Actually Happened?
The dinar rebounded
It stabilized near 1305
Below the official 1320 rate
It effectively revalued internally
📌 History has a habit of repeating itself.
💵 Why Is the Dollar Rising Right Now? FACTS ONLY
According to the article “Identifying the Main Reason for the Rise of the Dollar in Iraq”, former CBI director Mahmoud Dagher confirmed:
“Customs duties are behind the rise of the dollar in local markets.”
Simple Explanation:
Traders must now:
File customs declarations via ASYCUDA
Use banks for transfers
During the transition:
Some turn to the market for dollars
➡️ This is procedural — not a currency collapse.
🏛️ Prime Minister’s Advisor Confirms Stability
In “Saleh’s Appearance: The Fluctuations in the Parallel Market Are Temporary”, PM economic advisor Mazhar Muhammad Saleh stated clearly:
Oil prices are not the cause
Fixed exchange rate policy remains intact
Iraq’s foreign reserves exceed $100 billion
🛡️ He called this a:
“Strong stability umbrella for foreign currency.”
Bottom Line:
No threat to living standards
No justification for devaluation
💰 ASYCUDA = Revenue, Revenue, Revenue
ASYCUDA is about discipline.
Just like:
U.S. customs enforcement under Trump increased revenues
ASYCUDA enforces:
Customs duties
Tariffs
Transparency
Results:
Higher government revenue
Less smuggling
Stronger fiscal position
More sustainable currency
📌 This is how strong currencies are built.
🛢️ Oil & Gas Law Pressure Returns — Right on Time
In the article “Atrushi: The Oil and Gas Law Must Be Passed as Soon as Possible”, Deputy Speaker Farhad Atrushi confirmed:
The law is essential to financial stability
Federalism cannot function without it
👉 We already know:
This law is one of the five U.S. mandates
Its reappearance now is not coincidence.
🌍 WTO Accession — Signals, Not Delays
Articles like:
“Iraq’s Accession to the World Trade Organization: The United Nations Confirms Tangible Progress”
Raise an obvious question:
Iraq has passed the laws
Met technical requirements
Completed regulatory stages
So why wait?
The Logical Answer:
The WTO wants:
A sustainable currency
A realistic exchange rate
A dinar backed by full national assets
📌 Why accept Iraq before reinstatement?
Exactly.
🧨 Political Resistance: Same Old Playbook
We now see renewed political pressure in:
“Parliament Will Host Officials from the Central Bank and the Integrity Commission Next Week”
What’s really happening?
Attempts to remove Ali al-Alaq
Political attacks on the CBI
Distraction from real progress
This mirrors:
Iranian proxy influence
Stagnation tactics
Fear of reform momentum
🧭 The RV Roadmap Already Exists
Everything is already laid out:
👉 The White Paper
Those resisting reform:
Prefer chaos over structure
Fear momentum
Fear change
Because momentum leads to reinstatement.
⭐ Featured Snippets
🔹 Is the Iraqi dinar being devalued?
No. Current fluctuations are temporary and expected during ASYCUDA implementation.
🔹 Why is ASYCUDA important?
It increases revenue, enforces customs law, and strengthens long-term currency stability.
🔹 Why is the WTO waiting?
Likely for a sustainable post-reinstatement exchange rate.
❓ Q&A – Clearing the Confusion
Q: Is this dollar spike permanent?
A: No. It is mechanical and temporary.
Q: Is ASYCUDA bad for Iraq?
A: No. It strengthens revenue and reduces smuggling.
Q: Is the RV in danger?
A: No. Structural reforms support it.
Q: Who opposes the RV?
A: Political actors aligned with stagnation and foreign influence.
🔗 Official Links & Community Resources
🌐 Main Blog:
👉 https://dinarevaluation.blogspot.com/
📢 Telegram Channel:
👉 https://t.me/DINAREVALUATION
📘 Facebook:
👉 https://www.facebook.com/profile.php?id=100064023274131
🐦 Twitter / X:
👉 https://x.com/DinaresGurus
📺 YouTube Channel:
👉 https://www.youtube.com/@DINARREVALUATION
🚀 Viral Hashtags (SEO + Social)
#MntGoat #IraqiDinar #CBI
#ASYCUDA #DinarRV #IraqEconomy
#WTO #OilAndGasLaw #CurrencyStability
#IQD #FinancialReform
🙏 Final Thoughts: Panic Is Not Policy
Speculation makes noise.
Facts make history.
ASYCUDA, fiscal discipline, WTO signaling, and revenue enforcement are steps forward, not backward.
The RV does not fail because of temporary fluctuations.
👉 It succeeds because of structure.
Mnt Goat
Article: "AN ECONOMIC ASSESSMENT OF THE CENTRAL BANK’S DECISION TO FIX THE DOLLAR
EXCHANGE RATE IN THE 2026 BUDGET" So for the first time I have been in this investment the CBI has told us they fixed the budget to an exchange rate. It has been normal practice for the Finance Committee to fix the budget to the market price of oil or a little less for market variations in future. Why is this very good news for us today? Let me explain.What Else Is in the News? Let’s Separate Facts From Panic
Here we go again.
Just as the Central Bank of Iraq (CBI) clearly predicted, once the ASYCUDA system becomes fully implemented, a temporary spike in dollar demand would occur. And what happened?
Exactly that.
Over the past few days, the dollar has gradually risen in local markets, reaching approximately 145,000 dinars per $100, with some panicking voices claiming it could reach 150,000
.Let me be clear:
👉 This is speculation—not reality.
The real question is:
Why do some refuse to listen to FACTS?
ASYCUDA Was Designed to Do Exactly This
The news today reflects panic, not policy failure.
ASYCUDA’s rollout was never meant to be painless in the short term. The CBI warned well in advance that:
Dollar demand would temporarily increase
Traders would adjust behavior
Markets would react emotionally
And yet, when it happens, economists immediately cry:
“The dinar must be devalued!”
Oh boy… here we go again.
Déjà Vu: What Happened During the First ASYCUDA Wave?
Let’s rewind.
When the first wave of ASYCUDA was implemented:
Economists rang alarm bells
Markets panicked
Speculators screamed devaluation
What Actually Happened?
The dinar bounced back
It stabilized around 1305, below the “official” 1320 rate
It effectively revalued itself within the program rate
No, it was not on FOREX yet—but it was a very positive sign.
And history has a habit of repeating itself.
Why Is the Dollar Rising Right Now? FACTS Only
The article titled “IDENTIFYING THE MAIN REASON FOR THE RISE OF THE DOLLAR IN IRAQ” explains it perfectly.
Former CBI director and financial expert Mahmoud Dagher confirmed:
“Customs duties are behind the rise of the dollar in local markets.”
Key Point Explained Simply
Traders must now submit customs declarations via ASYCUDA
Bank transfers require these declarations
Traders temporarily turn to the market to obtain dollars
This is mechanical, not monetary collapse.
Prime Minister’s Advisor Confirms: This Is Temporary
In the article “SALEH’S APPEARANCE: THE FLUCTUATIONS IN THE PARALLEL MARKET ARE TEMPORARY”, Prime Minister’s economic advisor Mazhar Muhammad Saleh makes it crystal clear:
Oil prices are not the cause
Iraq’s fixed exchange rate policy remains intact
Foreign reserves exceed $100 billion
These reserves provide what Saleh calls a:
“Strong stability umbrella for foreign currency.”
In short:
👉 No threat to living standards
👉 No justification for devaluation
ASYCUDA = Revenue, Revenue, Revenue
Does customs and tariff revenue sound familiar?
It should.
Just look at how customs enforcement under the Trump administration dramatically increased U.S. revenues. ASYCUDA is Iraq’s version of that discipline.
More enforcement means:
Higher revenues
Less smuggling
Stronger fiscal position
Greater currency sustainability
This is how a country earns a stronger currency.
Pressure Mounts to Pass the Oil and Gas Law
Next in the news is renewed pressure to pass the Oil and Gas Law.
In the article “ATRUSHI: THE OIL AND GAS LAW MUST BE PASSED AS SOON AS POSSIBLE”, Deputy Speaker Farhad Atrushi states clearly:
The law is essential to solving financial problems
Federalism cannot function without it
We already know:
👉 This law is one of the five U.S. mandates
And once again, here it is—right on schedule.
WTO Accession: Progress or Reminder?
Articles discussing WTO accession continue to surface, including:
“IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION: THE UNITED NATIONS CONFIRMS TANGIBLE PROGRESS.”
Here’s what puzzles many:
Iraq already met the requirements
Necessary laws were passed
Technical and regulatory stages were completed months ago
So why the delay?
The Logical Answer
The WTO wants:
A sustainable currency
A realistic exchange rate
A dinar backed by Iraq’s full asset portfolio
Why would the WTO accept Iraq before reinstatement?
Exactly.
These articles are signals, not updates.
Political Resistance: Iranian Proxy Influence Still at Work
Finally, we see more evidence that Iranian proxy politicians do not want the RV.
In the article “PARLIAMENT WILL HOST OFFICIALS FROM THE CENTRAL BANK AND THE INTEGRITY COMMISSION NEXT WEEK”, oversight is once again being used as a political weapon.
What’s Really Happening
Another attempt to remove Ali al-Alaq
Attacks on CBI leadership
Focus on minor issues instead of major progress
Sound familiar?
It mirrors how political obstruction works everywhere.
Do They Even Understand the RV Plan?
The entire roadmap is already laid out.
👉 It’s in the White Paper.
Yet these actors:
Want stagnation, not reform
Prefer chaos over progress
Bash success for political gain
They fear momentum—because momentum leads to change.
Q&A – Clearing the Confusion
Q: Is the dinar being devalued?
A: No. The current fluctuation is temporary and expected.
Q: Is ASYCUDA bad for Iraq?
A: No. It increases revenue and long-term stability.
Q: Why the WTO delay?
A: Likely waiting for a sustainable post-reinstatement rate.
Q: Who is trying to stop the RV?
A: Political actors aligned with stagnation and foreign influence.
Final Thoughts: Panic Is Not Policy
Speculation makes noise.
Facts make history.
ASYCUDA, fiscal discipline, WTO signaling, and revenue enforcement are all steps forward, not backward.
The RV does not fail because of temporary fluctuations.
It succeeds because of long-term structure.
