Mnt Goat Article: “PARLIAMENTARY COMMITTEE: THE 2026 BUDGET WILL BE BASED ON A “HEDGING” OIL PRICE OF AROUND $60" ...the budget is NOT based on the rate of the dinar... There will not be an RV rate
to the dinar in the budget tables! ...the budget is based on the price of oil. This will continue until the dinar is repegged to a basket of currencies and back on FOREX. Until this timeframe they will continue to use the petro-dollar which is the price of oil...We are NOT going to get our RV because of the budget coming out..
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🚨📊 IRAQ 2026 BUDGET UPDATE – WHAT IT MEANS FOR THE DINAR & RV 💰🇮🇶
📄 Key Insight
Iraq’s 2026 budget is expected to be based on a “hedging” oil price of around $60 per barrel.
💰 RV (Revaluation)
The budget is NOT based on the Iraqi dinar exchange rate.
There will be NO RV rate included in the budget tables.
This means the release of the budget does not trigger a revaluation.
🇮🇶 DINAR
The value of the dinar is not being adjusted within the budget framework.
Any future change depends on broader monetary reforms, not the budget itself.
🛢️ OIL-BASED SYSTEM
Iraq continues operating under a system tied to oil prices (petro-dollar structure).
This framework will remain in place until the dinar is potentially re-pegged to a basket of currencies and returns to the FOREX market.
⚠️ BOTTOM LINE
Do NOT expect an RV simply because the budget is released.
The budget reflects oil pricing—not a currency revaluation.
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