Wednesday, October 7, 2026

🇮🇶💵 IRAQ: IS THE COUNTRY PREPARING FOR “DELETE THE ZEROS”?

CHANNEL8

Iraqi economic expert Haider al-Sheikh says the proposal to remove zeros from the dinar has been postponed due to limited government liquidity and the lack of sustained economic recovery, as the government focuses on securing budget revenues, supporting economic activity, and attracting foreign investment. Read more: channel8.com/english/news/6
----

🇮🇶💵 IRAQ: IS THE COUNTRY PREPARING FOR “DELETE THE ZEROS”?

📰 NEWS SUMMARY

Iraqi economic expert Haider al-Sheikh warns that setting the dollar rate at 150,000 IQD per $100 could increase pressure on Iraq’s parallel market and widen the exchange-rate gap.

He also says the “Delete the Zeros” project remains postponed, citing the need for greater financial liquidity, economic stability, and economic recovery.

🏦 MY OBSERVATION

There is an important connection here: the expert himself links currency reform to liquidity, stability, and economic recovery.

That makes the CBI’s actions involving banking liquidity, the parallel market, money transfers, anti-money-laundering measures, and financial-system stability important indicators to watch.

👀 MY OBSERVATION 

Let’s also remember what has previously been discussed regarding the possible sequence of reforms:

1️⃣ Address the disarmament of Iran-aligned militias inside Iraq, as part of the broader security and sovereignty conditions surrounding Iraq’s financial system.

2️⃣ Narrow the gap between the CBI’s official exchange rate and the parallel-market rate, creating greater stability in the currency market.

3️⃣ Activate “Delete the Zeros”, through redenomination and the necessary legal changes.

4️⃣ Then potentially revalue/adjust the dinar, depending on the monetary decisions made by Iraqi authorities.

⚠️ IMPORTANT: This sequence should be viewed as an interpretation/hypothesis based on economic conditions and previous statements—not as an official CBI announcement that these steps will occur in exactly this order.

🔎 The key question now is whether Iraq continues making measurable progress in banking liquidity, economic stability, and narrowing the exchange-rate gap.

If those conditions improve consistently, they could become important signals when evaluating the future of Iraq’s monetary reform.

🇮🇶💚 WATCH THE PROCESS. WATCH THE INDICATORS. NOT JUST THE RUMORS.


🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social


#Iraq #IraqiDinar #IQD #DeleteTheZeros #CBI #CentralBankOfIraq #Dinar #IraqEconomy #CurrencyReform #MonetaryReform #Forex #ParallelMarket #Liquidity #RV #Revaluation

at

🇮🇶💵 IRAQ: IS THE COUNTRY PREPARING FOR “DELETE THE ZEROS”?

CHANNEL8 Iraqi economic expert Haider al-Sheikh says the proposal to remove zeros from the dinar has been postponed due to limited governmen...