🚨 BREAKING: Iraqi Government DENIES Any Plan to Devalue the Dinar! 🚨
Mazhar Mohammed Salih, economic advisor to the Iraqi PM, just dropped the truth: ❌ No plans to devalue the Iraqi dinar against the USD ✅ Exchange rate policy is stable and backed by solid oil revenues ✅ Devaluation = inflation and lost real income for citizens — something the government rejects ✅ Focus is on strengthening and raising the dinar’s value, not lowering it!
“Devaluation is dangerous and not under consideration. In fact, the goal is to raise and improve the dinar’s value.”
🔒 The Dinar is backed by foreign reserves from oil exports, making it strong, stable, and ready for upward movement.
🧠 What This Means for Us (RV Investors):
✅ The U.S. is actively supporting Iraqi sovereignty, a vital component before any RV.
✅ The GOI is shutting down devaluation talk — reinforcing stability and investor confidence. ✅ The dinar remains pegged and supported by real assets, paving the way for future valuation changes.
🧩 Pieces Coming Together…
🛠️ Behind the scenes: Security, economic reforms, and sovereignty are aligning. 💣 Expect continued resistance from Iranian proxies, but also stronger pushback from the U.S. and CBI.
🚀 The RV isn’t just financial — it’s geopolitical. And Iraq is positioning itself exactly where it needs to be.
Central Bank of Iraq Discusses Banking Reform Plan with Oliver Wyman
On Tuesday, Governor Ali Al-Alaq of the Central Bank of Iraq (CBI) met with representatives from Oliver Wyman, the global consulting firm, to review and discuss the banking reform plan submitted by the Iraqi Private Banks Association. This is part of ongoing efforts to modernize Iraq’s banking sector and align it with international standards.
Key Points from the Meeting:
The CBI completed a thorough discussion where all parties showed a clear understanding of the reform plan’s key points.
Flexibility will be applied to some provisions to facilitate smoother implementation.
Oliver Wyman is actively exploring the best approaches and solutions to support the reform process.
Objectives of the Reform Plan:
Build and stabilize the Iraqi banking sector to operate safely and effectively.
MNT GOAT: 🚨 “THE RV IS IN SIGHT: CBI Moves Closer to Deleting the Zeros!” 💥💰📈
August 2025 – Major Progress Confirmed on Iraqi Dinar Reinstatement
🧠 What You Need to Know — Status of the RV
🔥 Confirmed by a trusted CBI contact during a live call from Iraq: The recent article about the Digital Security Platform is a key step in the Project to Delete the Zeros.
📦 80% of IQD is still outside the banking system — The CBI is urgently working to bring hoarded cash into banks to support:
The
Development Road Project
Upcoming loan disbursements
And ultimately, the currency redenomination
👩💼 Contact revealed she’s back on the committee to roll out the next project phase
, possibly in September or October 2025
⚖️ Banking Reforms & August 31 Deadline
🏦 10 small private banks under pressure to comply with Oliver Wyman-led reforms
⏳ The August 31st deadline is not final — they have until December 31st if they show progress
🛑 Banks that fail could face insolvency or bankruptcy
🚨 Why This Is HUGE for Investors
📅 Timeline echoes Dr. Shabibi’s 2012–2013 plan: Redenomination by end of 2025, RV possibly by January 2026
📉 The parallel market is now under control — a key condition CBI set before deleting the zeros
🔁 Iraqis will need 3–4 months to exchange old notes for new lower denominations
📊 CBI and IMF will monitor inflation and market reactions
🪙 New Notes & Coins Already Printed
✅ Articles confirmed new notes & coins exist
📢 CBI to begin public education campaign soon
💱 This is not like Iran — Iraq’s redenomination will require a significant rate adjustment, not due to hyperinflation, but to reflect real value
“No one will exchange 3-zero notes unless the Dinar is worth more than a dollar — and they know it.”
🔒 In-Country Only — For Now
🇮🇶 The new rate will start in Iraq only (not yet international)
🌍 But once active, the Dinar could appear on FOREX at any time — 👉 That’s when investors should watch closely and prepare
🙌 Final Thought
“This isn’t just another rumor. The CBI is clearly and confidently moving forward with the RV process. Stay grounded, stay patient, and stay informed.”
⚠️🔥 “U.S. SANCTIONS LOOM OVER IRAQ IF PMF LAW PASSES, Warns Iraqi Politician Mithal al-Alusi”🇮🇶🚫🇺🇸
Iraqi politician Mithal al-Alusi issued a stark warning: if Iraq passes the controversial law formalizing the Popular Mobilization Forces (PMF / Hashd al-Shaabi), severe U.S. sanctions could follow — potentially causing a catastrophic impact on Iraq’s economy.
🛑 What’s happening?
Al-Alusi accuses senior Iranian official Ali Larijani of pressuring Iraqi political factions to pass the law, which would cement the influence of Iran-backed militias.
He claims these groups operate as an “Iranian extension” inside Iraq, similar to Hezbollah’s role in Lebanon, ignoring Iraqi government authority.
The legislation aims to secure a massive budget of $2 to $3 billion for these militias — far exceeding the budget of the Kurdistan Region.
⚠️ Risks and consequences
U.S. sanctions could target the Iraqi state and hurt ordinary citizens, while corrupt politicians with overseas assets remain unaffected.
Al-Alusi warns Iraq could be dragged into unwanted regional conflicts amid tensions between Israel and Iran.
He denounces these militias for illegal activities, including drug trafficking and law violations, and criticizes the government’s lack of control.
✊ Key message:
Al-Alusi urges Iraq not to become a battleground for Iran’s failed wars and calls on the government to clarify any new security agreements with Tehran. Iraq’s stability and sovereignty are at stake.
