Saturday, November 22, 2025
🏦 “National Bank of Iraq Upgrades to SWIFT MX: Paving the Way for Digital Dinar & Financial Modernization” 🏦
🏦 “National Bank of Iraq Upgrades to SWIFT MX: Paving the Way for Digital Dinar & Financial Modernization” 🏦
✨ HIGHLIGHTS SUMMARY
🌐 SWIFT MX Transition Completed: The National Bank of Iraq has fully transitioned from the old MT standard to the MX ISO 20022 global messaging standard, marking a major step in modernizing Iraq’s banking infrastructure.
💻 Technological modernization: This upgrade enables data-rich, structured financial messaging, improving transaction tracking, accuracy, and transparency across all banking operations.
💡 Digital banking readiness: The MX system supports a more integrated, secure, and customer-friendly digital banking experience for both individual and corporate clients.
📊 Strategic significance: According to bank officials, the move aligns with Iraq’s roadmap for financial modernization, global best practices, and future digital initiatives, including the anticipated digital dinar rollout .
💵 Hoarded cash collection: Insider notes suggest the National Bank will be key in collecting existing cash stashes, essential for implementing digital currency and financing upcoming 2025–2026 projects.
✅ Smooth implementation: The transition was executed with minimal downtime and no major operational issues, showcasing effective planning, governance, and collaboration with regulatory authorities.
🔍 Global integration: The new system positions Iraq’s banking sector for better compatibility with international standards, enhancing its regional and global financial connectivity.
🌐 FOLLOW & CONNECT
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THE NATIONAL BANK OF IRAQ ANNOUNCES THE COMPLETION OF ITS TRANSITION TO THE NEW GLOBAL STANDARD, SWIFT MX.
(Mnt Goat: Can you remember what my CBI contact told me. That the CBI was going to use this new National Bank for yes, the collection of the stashes and hoards of cash. So, again they have yet another article (see below) about all the hoards of cash that needs to get into the banks. They need this cash to in the banks to roll out the digital dinar and to finance many of these 2026 projects rolled over from 2025. Coincidence both of these articles are in the exact same news stream?)
The National Bank of Iraq announced the completion of its transition to the new global standard SWIFT MX for financial messages, a step that marked a significant milestone in the bank’s technological infrastructure modernization and enhanced readiness for digital transformation.
The bank said in a statement, “The implementation of this transformation comes as part of the bank’s transition from the old MT standard to the MX ISO 20022 model, which is the most advanced, structured and data-rich framework in the global financial messaging sector. The transformation process was carried out across all operational channels with high efficiency and minimal downtime, reflecting the bank’s strong technical readiness, accurate planning, and commitment to providing its services without any significant interruption.”
He pointed out that “this transformation is an advanced step within the strategic roadmap of the National Bank of Iraq to modernize its systems, enhance its compatibility with global best practices, and provide an advanced digital banking experience for its individual and corporate clients.”
The statement quoted Aqeel Ezzedine, Chief Operating Officer and Deputy CEO of the National Bank of Iraq, as saying that “the smooth transition to the MX standard is the result of a robust system of governance, teamwork and careful planning, and represents an important step in modernizing the payments infrastructure and enhancing the reliability and security of banking operations.”
Hani Khalil, head of the transformation department at the National Bank of Iraq, said, according to the statement, that “the completion of this transformation embodies the bank’s commitment to keeping pace with the latest international standards in payment systems, and building a more transparent, integrated and high-quality financial data structure, which enhances customer experience and strengthens the bank’s position within the regional financial system.”
The MX standard enables a more accurate and richer exchange of information in financial messages, with substantial improvements in transaction tracking and identification of parties, supporting global trends towards greater efficiency and transparency in payments.
Since the new system came into effect, the bank has not recorded any significant problems, which confirms the success of the implementation process and the close coordination between the transformation, IT and operations teams, in addition to effective cooperation with partners and regulatory authorities.
MNT GOAT: 🌟 “Iraq’s Momentum Builds: PMF, Oil & Gas Law, and the Road to Dinar Reinstatement” 🌟
🌟 “Iraq’s Momentum Builds: PMF, Oil & Gas Law, and the Road to Dinar Reinstatement” 🌟
✨ HIGHLIGHTS SUMMARY
🏛️ PMF Challenge: The Popular Mobilization Forces remain a critical U.S. concern. Washington may use the dollar as leverage to influence the next Baghdad government if its conditions aren’t met.
Recent news highlights:
“AN AMERICAN INSTITUTE: WASHINGTON MAY USE THE DOLLAR TO DESTABILIZE THE NEXT BAGHDAD GOVERNMENT IF ITS CONDITIONS ARE NOT MET”
“A US DELEGATION WILL VISIT BAGHDAD SOON, CARRYING MESSAGES FROM THE WHITE HOUSE”
“FACTIONS ‘EXPAND’ IN THE IRAQI PARLIAMENT AND IMPOSE A NEW EQUATION ON WASHINGTON”
🛢️ Oil & Gas Law (Hydrogen Carbon Law):
Kurds are pushing for voting on this long-stalled law in the next parliamentary session.
Momentum suggests it won’t block the RV, as evidence points to a favorable path for its approval.
Reference article: “THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS”
💱 Parallel Black Market vs CBI Dollar Rate:
The CBI considers this issue manageable.
Once the dinar is openly traded and alternative currencies are usable, the issue will fade naturally.
🏦 Collecting 80% of issued dinars:
Ongoing efforts to return notes to the banking system are progressing.
Removing zeros and exchanging notes in-country will reduce circulating dinars by ~2/3, paving the way for the digital dinar.
Reference: “CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH”
📈 Economic Outlook:
Oliver Wyman reports Iraq is entering a phase of dynamic growth and investment opportunities, aided by comprehensive banking reforms led by the CBI.
Past insights from former CBI governor Dr. Sinan Shabibi suggest that major revaluation coinciding with a FOREX reinstatement is best early in the fiscal year.
Reference: “IRAQ IS ENTERING A PHASE OF DYNAMIC ECONOMIC GROWTH AND INVESTMENT OPPORTUNITIES”
🌟 Positive takeaway:
Despite hurdles, Iraq seems positioned to address U.S. concerns and advance the RV process, with structural reforms and favorable legislative momentum aligning.
🌐 FOLLOW & CONNECT
Blog: https://dinarevaluation.blogspot.com/
Telegram: https://t.me/DINAREVALUATION
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MNT GOAT
But let’s think positive and move along as though Iraq will be SMART ENOUGH to take care of this issue to the satisfaction of the U.S.
A thorn in the ass of Iraq: Popular Mobilization Forces (PMF) LINK
You might want to read the recent news articles titled on this subject matter:
“AN AMERICAN INSTITUTE: WASHINGTON MAY USE THE DOLLAR TO DESTABILIZE THE NEXT BAGHDAD GOVERNMENT IF ITS CONDITIONS ARE NOT MET.”
“A US DELEGATION WILL VISIT BAGHDAD SOON, CARRYING MESSAGES FROM THE WHITE HOUSE.”
“FACTIONS “EXPAND” IN THE IRAQI PARLIAMENT AND IMPOSE A NEW EQUATION ON WASHINGTON”
- Passing the Oil and Gas Law (Hydrogen Carbon Law): Even though the Oil and Gas Law is not yet passed, there is friction coming from the Kurds to push the voting on the law in the next parliament session. Weren’t they the ones that held it back for so long and objected to it. So do they now have a solid law to pass that will work? Did the Kurds finally get what they wanted all along? Even though the next session is not until the new year, I don’t believe this one would stop the RV. There is just too much evidence of a favorable momentum in the direction to get this passed.
You might want to read the recent articles titled:
“THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS.”
- Parallel Black Market vs Official CBI rate of the dollar: The CBI has said many times this is not a real issue for them where it stands today. There are also hints that this issue will soon fade when the dinar is traded openly and the country can trade using their trading partner’s currencies instead of the sole dollar. So I don’t worry about this issue anymore, as it is going to resolved onece we get the reinstatement.
- Collecting nearly 80% of the issued dinars back to the banks (horded stashes outside the banking system): So again in today’s news there is news about the necessity of getting these notes into the banking system. I do not believe this issue will also stop the process of the RV, as the process of removing the zeros in-country and later the exchange of our notes, will return the bulk of these stashes back to the banks. By the way in the process of these exchanges in-country and out of country, the circulatd dinar note count will be reduced by almost 2/3 allowing the path for the coming digital dinar.
You might want to read the articles titled:
“CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH”
Anyhow here is what some say is that legitimate report by Oliver Wyman. I quote from it. We must be careful not to bring rumors unless you can justify them with FACTS.
We know from former CBI governor Dr. Sinan Shabibi that he along with the IMF are the architects of the monetary reform plan for Iraq. I have breifed you on this plan many times already. More than a decade ago he said that a major revaluation of the dinar (like what we are looking for) “is best suited to occur in the beginning of the fiscal year and would most likely also be coincided with a reinstatement to FOREX”.
You might want to take a look at the recent article titled “IRAQ IS ENTERING A PHASE OF DYNAMIC ECONOMIC GROWTH AND INVESTMENT OPPORTUNITIES”
Baghdad (IraqiNews.com) – The American financial consulting firm Oliver Wyman has released a new report affirming that Iraq is entering a phase of dynamic economic growth and investment opportunities. The optimistic outlook is credited to the comprehensive banking reforms spearheaded by the Central Bank of Iraq (CBI) with government backing.
(Mnt Goat: I believe this may be the report that is referenced in the rumor. However I have not yet read the report myself and can’t verify its contents.)
💹 “Iraqi Banks Open Up: Sanctions Easing and Investment Opportunities Growing” 💹
💹 “Iraqi Banks Open Up: Sanctions Easing and Investment Opportunities Growing” 💹
✨ HIGHLIGHTS SUMMARY
🇮🇶 Banking openness on the rise: Economic expert Manar al-Obeidi notes Iraq is entering a phase of greater financial transparency and accessibility, making it more attractive for investors.
💰 Flow of funds improving: Reforms are expected to facilitate investment and smoother money transfers, benefiting both local and international stakeholders.
🇺🇸 Sanctions impact diminishing: The Iraqi government has resolved most financial issues with the U.S., so sanctions’ effects are gradually decreasing.
⚖️ Institutional reform needed: Overlapping jurisdictions among institutions remain a challenge. Granting broader powers to investment authorities is crucial to ensure clear, efficient investment plans.
🔍 Caveat: If Iraq fails to address the PMF issue, U.S. sanctions could still be imposed, potentially delaying economic progress.
🌟 Positive outlook: With transparency reforms, anti-money-laundering measures, and streamlined governance, Iraq’s banking sector is poised to unlock investment opportunities and stronger economic growth.
🌐 FOLLOW & CONNECT
Blog: https://dinarevaluation.blogspot.com/
Telegram: https://t.me/DINAREVALUATION
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YouTube: https://www.youtube.com/@DINARREVALUATION
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AN ECONOMIST SAYS US SANCTIONS ARE ON THEIR WAY OUT AND IRAQI BANKS ARE ENTERING A PHASE OF OPENNESS.
(Mnt Goat: not if Iraq does not deal with the PMF, the US is likely to impose some sort of sanctions of Iraq if the PMF is not handled correctly.)
Anticipated financial breakthrough
Economic expert Manar al-Obeidi affirmed that Iraq is moving towards greater banking openness, which will facilitate the flow of funds and create a more attractive environment for investors. He noted that the government has successfully addressed most of the financial issues with the United States, which will gradually reduce the impact of sanctions. Al-Obeidi emphasized the need to eliminate overlapping jurisdictions among institutions and grant investment authorities broader powers to ensure a clear plan that supports economic development.
Manar Al-Obaidi – an economic expert, in a dialogue with journalist Ali Qazan:
The Iraqi banking sector is moving towards greater openness to the world, away from the problems and difficulties that were occurring, and I believe that this will be positive in terms of investment and money transfers.
The significant overlap in powers between institutions is one of the biggest challenges facing investors. Therefore, this problem and overlap must be addressed, and broader powers must be granted to investment authorities in the governorate, and there must be a clear plan for investment in Iraq.
The Iraqi government has been able to resolve many of the financial issues with the American side. With the reforms that Iraq has undertaken to enhance transparency and prevent money laundering and smuggling, I expect that over time the impact of the American sanctions will largely disappear.
MNT GOAT : 💥 “RV Status Update: No Revaluation Yet, But Fall 2025 Could Be the Season of Change” 💥
💥 “RV Status Update: No Revaluation Yet, But Fall 2025 Could Be the Season of Change” 💥
✨ HIGHLIGHTS SUMMARY
❌ No Iraqi Dinar RV or reinstatement has occurred yet. No new smaller notes (10, 50, etc.) have been issued or publicly shown by the CBI.
🛑 Beware of internet rumors and clickbait “intel gurus”. FACTS from reliable CBI contacts are key.
🗓️ Timeline hints: The CBI may remove zeros sometime in Fall 2025, with potential swap and reinstatement to FOREX in January 2026, though exact dates are uncertain.
📞 Insider notes from a CBI contact reveal subtle hints but no firm commitments yet—investors are advised to stay patient.
🔍 Oliver Wyman report: Exists but its contents are questionable. It speculates removing zeros could happen in January 2026, though this is not confirmed.
📊 Key U.S.-mandated issues affecting RV progress:
Reorganization of private banks in Iraq.
Expulsion of the Popular Mobilization Forces (PMF, Iran proxies).
Passing the long-delayed Oil & Gas Law.
Addressing the parallel black market vs official CBI dollar rate.
Collecting roughly 80% of issued dinars back into banks.
⚠️ PMF issue is critical: U.S. pressure could delay the RV if Iranian proxies maintain influence in Iraq. Recent election results show Iranian-backed politicians gaining seats, adding complexity.
🔮 Prophetic alignment: Kim Clement’s “Fall” prophecy coincides with the hinted RV timeline, adding intrigue to investor expectations.
🥂 Keep the champagne in the fridge… the “fat lady” hasn’t sung yet! Timing may still shift, and patience remains essential.
🌐 FOLLOW & CONNECT
Blog: https://dinarevaluation.blogspot.com/
Telegram: https://t.me/DINAREVALUATION
Facebook: https://www.facebook.com/profile.php?id=100064023274131
Twitter/X: https://x.com/DinaresGurus
YouTube: https://www.youtube.com/@DINARREVALUATION
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STATUS OF THE RV
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No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10, 50 categories or others. This is per my CBI contact.
Don’t let these intel gurus or internet idiots fool you with their hyped-up sites. They only want your clickity-clicks. We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and so let the FACTS speak for themselves.
I also want to THANK YOU for their lovely and heart-felt comments especially from one of my loyal readers Joy Snyder and others too. It is nice to know I am appreciated for all the hard work I do to bring the TRUTH and UNDERSTANDING about this investment to you.
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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is mid-November and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.
Having said all this, I had a VERY interesting conversation with my CBI contact on my Wednesday call to Iraq. I will review the details with you later in the Newsletter. I tried and tried to get at least a closer date for us to look forward to and I did get one. WOW! But she always leaves a bit of uncertainty as she cannot tell the entire story yet. This is understandable and I don’t want to push our friendship too far and isolate her either. So, I take what I can get but I will say there were some subtle hints… hint,,, hint… 😊😊
I first want to address what some call “an overlooked report from Oliver Wyman” and it has come to the attention of many. I also talked about this in my Wednesday call to Iraq and so I will cover this with you now. I heard this news weeks ago, but I did not want to repeat rumors, as this report was just rumors but I have still not personally seen it and read it. It does appears to exist, as told by my CBO contact but its contents is questionable as being put out in the dinar community. I am not concerned about rumors just facts. To me it does however seem plausible except for the part about conducting removing the zeros also in January 2026. But like a said things could change. So, I wanted to talk about this too today.
I was told this removing the zeros would happen in early to late fall 2025. I will talk about more about this later in detail but for this Wyman report, could the CBI move it out? Yes, they could but have not yet told me. We are now in the period of the season of Fall and so we should expect this event any day now to be triggered until the CBI tells me otherwise. Again I think I have a better timeframe we should be looking for on removing the zeros but we will talk on this later in the Newsletter.
If all goes well with the swap out of the notes in Iraq, and inflation remains low in Iraq, we can expect the next stage of the plan to include the reinstatement back to FOREX sometime in January. Just so you know there is also a prophecy given by one of the well-known and trusted prophets of our day, Kim Clement. It also matches what I have been told. Could this be the season of “Fall” he refers to? There is just too much adding up that this may actually be our timeframe. If you listen to the introduction audio today, you will hear Kim Clement’s prophecy on this timeframe of Fall. There is another yet longer prophecy from him too on this subject of the fall but it is much longer. He uses the fall in many ways and its tricky. The fall means the season of ‘Fall’ but is also means the fall of the culprits by exposure and indictments for their past and present crimes against this U.S. and also the Iraqi and Iranian governments.
As investors trying to figure this out, we are speculating, it would also be a very good idea to include what the U.S. has been saying about the five (5) issues they are mandating on Iraq and told them this could hamper their progress to the global trading platforms for the dinar, if not addressed. We can’t get so hyped up that we forget about this news too, even though they are not pleasant news. What have we been reading in the news on these five issues? Yes, there has been articles almost on a weekly basis addressing one or more of these issues. Why do these same five issues keeping popping up in the news so much? DO YOU THINK MAYBE THEY ARE IMPORTANT too? Can the lack of attention to these issues postpone the RV again?
Please go reference my September 16th Newsletter on these issues for more detail. I am listing them again for you below. Even in today’s recent news four (4) of these issues are in the news. WOW!
- Reorganization of the Private banks in Iraq
- Expulsion of the PMF (Iran poxies)
- Passing the Oil and Gas Law (HCL)
- Parallel Black Market vs Official CBI rate of the dollar
- Collecting nearly 80% of the issued dinars back to the banks (horded stashes outside the banking system)
So, let’s take a look at these issues again today and see where they stand.
- Reorganization of the Private banks in Iraq: We have heard in the past that almost a dozen private banks has to conform to the new Banking Reform law and so about 5 became insolvent and gone. The new National Bank of the CBI was created.
You might want to read the article titled “THE NATIONAL BANK OF IRAQ ANNOUNCES THE COMPLETION OF ITS TRANSITION TO THE NEW GLOBAL STANDARD, SWIFT MX.”
- Expulsion of the PMF (Iranian proxies): For me this one is a sour grape among all the five issues.
In today’s news we hear about it again as it is reinforced that even the U.S. manipulation of the dollar may affect Iraq if this PMF issue is not addressed by the new government. In an effort to isolate Iran, the PMF according to the US, cannot continue to exist in Iraq. Iraq will not, as any cost, continue as a proxy funding Iran or have Iranian influence politics to a great extent. Sanctions to Iraq may return. This for us investors of course would be a disaster. This might be a holdup for the reinstatement while any new government figures out how to do this. Also remember many more Iranian politicians just got voted in to parliament during this last election. This one may be used to halt the process. This one is the liability we all hoped would not occur. Please take some time to read about the PMF and see how entrenched they really are in Iraq. Did we fight this 2003 war and lose American lives so Iran can then step in and control Iraq fro their own benefit to support terrorism?
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