🏦 Opening Iraqi Bank Accounts: According to Nader From The Mid East, the only countries where you can open an Iraqi bank account are:
Iraq, Turkey, Oman, Lebanon, Kuwait
For American banks like Citi Bank or JP Morgan, you must physically be in Iraq to open an account.
🪙 Gold Reserves Update:
Officially reported: 167 tons of gold
Insider info: Real reserves could be 190–200 tons
This increase in gold could accelerate the removal of zeros and significantly strengthen the exchange rate.
💰 Exchange Rate Predictions:
Nader expects the rate to settle between $2.87 and $3.22.
His personal strategy: start at $2.00, allowing the economy to gradually adjust, rather than an immediate high rate that could destabilize the currency.
“If you throw it at $3.00 and the economy crashes right away, it doesn't have any value after 4 or 5 days.”
🏦 No Obstacles With US Banks: Central Bank of Iraq Governor Ali Al-Alaq confirmed there are no barriers to withdrawing oil revenues from US banks, despite recent sanctions on 35 of 72 Iraqi banks over alleged illegal dollar transactions.
“We receive US dollars daily and convert them directly to Iraqi dinars to meet the Ministry of Finance’s needs and pay those entitled in exchange for dinars.”
🛢️ Oil Revenues Driving Stability:
Iraq’s main income source comes from oil exports, with $7.1 billion generated in August 2025.
💥 “GLOBAL RV SIGNS: Banks & CBI Take Action Ahead of Dinar Revaluation! 💸🌎” 🇮🇶✨
🗓️ Update via MarkZ
🏦 US & Global Banks Preparing for Currency: MarkZ confirms that some Wells Fargo branches are already handling and selling the Iraqi dinar in select locations.
“Many bankers have been specifically trained to handle the currencies we are looking at. The process has started around the world…not just in the US.”
💬 A member noted receiving Wealth Management updates from their US bank — MarkZ replied:
“They know it’s coming.”
This shows that major financial institutions are actively preparing for the upcoming revaluation.
MarkZ confirmed Prime Minister Sudani is planning a trip to meet with Trump in Washington, DC.
Strategic meetings like this are seen as pivotal steps for economic alignment and global support.
🛡️
CBI Cracks Down on Manipulation & Smuggling: The Central Bank of Iraq is actively developing external remittance structures, including exchange mechanisms and designated locations.
These measures are designed to prevent fraud, manipulation, and smuggling before the revaluation occurs, creating a secure financial environment for citizens and banks alike.
⚠️ Key Takeaways:
Banks worldwide are preparing for the currency rollout.
Iraq is tightening financial borders and standardizing exchange systems.
Strategic government moves signal that the RV process is actively being structured.
Exciting developments are unfolding — this is not just speculation; the groundwork is being laid globally and locally.
🛢️ “Iraq Oil Revenues Flowing Smoothly 💸 CBI Confirms No Obstacles & Dinar Reform On Track!” 🇮🇶🔥
🗓️ Central Bank of Iraq Update — October 2025
🏦 No Barriers for Oil Revenue Withdrawals CBI Governor Ali Al-Alaq confirmed that Iraq faces no obstacles withdrawing oil revenues from US banks, despite reports of sanctions on several Iraqi banks for alleged illegal dollar transactions.
“We receive US dollars daily and convert it directly to Iraqi dinars to meet the needs of the Ministry of Finance,” Al-Alaq told Rudaw.
This ensures salaries, government expenses, and economic stability are maintained while supporting the Iraqi dinar
August 2025: $7.1 billion generated from oil exports.
Oil remains Iraq’s main source of income, funding government operations and civil servant salaries.
📊 Budget & Financial Coordination: Al-Alaq highlighted challenges with Iraq’s
three-year budget (2023-2025), noting high expenditures and a growing deficit:
“The three-year budget contains significant expenditures, which is why the deficit has increased. However, there is coordination between the Ministry of Finance and the Central Bank to ensure greater financial stability.”
Efforts include non-oil revenue growth to buffer against economic shocks and establish a sustainable financial foundation.
🔢 Zero-Removal Project Moving Forward The CBI’s initiative to remove zeros from the dinar is still in progress.
“The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future we will see progress on this matter,” said Al-Alaq.
This reform is designed to strengthen the national currency and modernize Iraq’s financial system.
💹 Market Signs:
The dinar has shown steady recovery.
The market rate is approaching the official rate of 1,320 IQD/USD, signaling increased stability.
⚠️ Disclaimer:
This information is for educational and informational purposes only. It reflects official statements and public reports and is not financial advice.
