QAANI IN BAGHDAD: THE ISSUE OF FOREIGN PRESENCE IS AT THE TOP OF THE TABLE.
A source close to the Iranian Revolutionary Guard revealed on Tuesday (January 6, 2026) that the commander of the Quds Force in the Revolutionary Guard, Major General Ismail Qaani, arrived in the Iraqi capital, Baghdad, on an unannounced visit.
The source told Baghdad Today in an exclusive interview that “Qaani arrived in Baghdad on a private plane, in a surprise visit that was not officially announced by either the Iraqi or Iranian sides,” indicating that “the visit’s program includes holding a series of meetings with political leaders and prominent figures in armed factions, to discuss the issue of the foreign military presence, and arrangements for the next phase on the Iraqi and regional scene.”
The source added that “Qaani’s meetings are focused on assessing recent security developments, the issue of regulating the relationship between the factions and the state, as well as discussing the ongoing dialogue between Baghdad, Tehran and Washington, and the possibilities of escalation or de-escalation in the coming months,” noting that “the visit is intended to remain out of the spotlight, given the sensitivity of the issues being discussed.”
Ismail Qaani is the current commander of the Quds Force in the Iranian Revolutionary Guard, and he is directly responsible for managing relations with a number of Iraqi factions. He has made several visits to Baghdad in recent years, most of which were related to pivotal security and political developments in Iraq and the region.
(Mnt Goat: Why do you think he arrived in Baghdad on a private plane, in a surprise visit that was not officially announced by either the Iraqi or Iranian sides? He is fearful for his life and of being assassinated like his predecessor Solimoni. His days are numbered.)
Frank26: What Is Needed for the New Exchange Rate?
Frank26 delivered a clear and direct message regarding the Iraqi dinar (IQD) and the long-awaited monetary reform. According to him, the key requirement for the new exchange rate and restored purchasing power is not a date or a rate — it is security and stability.
Specifically, stability free from Iranian influence inside Iraq’s government and banking system.
“What did we need for the new exchange rate? Security and stability — from Iran and Iranian influence.” – Frank26
Why Security and Stability Matter for the IQD
Frank26 explains that lifting the three zeros and restoring purchasing power to Iraqi citizens cannot happen without:
This aligns with every historical example of successful monetary reform. A country must first control its institutionsbefore it can adjust its currency value.
Featured Snippet (Google Ready): “According to Frank26, Iraq must achieve security and stability—free from Iranian influence—before the new exchange rate can be released.”
Monetary Reform: Not a Guess, a Process
Frank26 emphasizes several critical truths:
❌ Nobody knows the date
❌ Nobody knows the rate
✅ Iraq is in a monetary reform process
This process does not require speculation or guesswork — it is visible through actions, reforms, and geopolitical shifts.
“It doesn’t take a genius to see they’re going through a monetary reform process.” – Frank26
Frank26’s comments align with growing geopolitical pressure on Iran and its regional activities. Supporting this context, a statement posted on Truth Social highlights escalating international attention:
Truth Social – President Donald J. Trump: “Iranian Patriots, KEEP PROTESTING – TAKE OVER YOUR INSTITUTIONS!!! I have cancelled all meetings with Iranian Officials until the killing of protesters STOPS. HELP IS ON ITS WAY. MIGA!!!”
This regional pressure reinforces Frank26’s view that Iraq’s financial future depends on distancing itself from Iranian interference.
Why Frank26 Says “Our Days Are Coming to an End”
This statement reflects confidence that:
The education phase is nearly complete
The monetary reform narrative is established
Iraq is approaching the implementation phase
For long-time followers, this suggests the transition from analysis and preparation to execution and results.
Frank26 delivers a grounded reminder: currency reform is not magic — it’s structural. Iraq’s path to a new exchange rate depends on sovereignty, security, and stability. As those pieces fall into place, the monetary reform process advances naturally.
“Security and stability first — the rest follows.” – Frank26
Frank26
What did we need in order for the new exchange rate to come out? What did we need for purchasing power to be given to the Iraqi citizens through lifting the three zeros of the exchange rate? Security and stability. From what? From Iran and the Iranian influence inside of the government and banks of Iraq...
Nobody knows the date. Nobody knows the rate. But we do know they're going through a monetary reform process. It doesn't take a Five Beta Kappa, it doesn't take Sumakum Laude, it doesn't take my brain to figure this out. I'm going to miss you because our days are coming to an end.
Clare
Truth Social "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!
Save the names of the killers and abusers. They will pay a big price. I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY. MIGA!!! PRESIDENT DONALD J. TRUMP"
Launch of New Digital Platform: The Central Bank of Iraq (CBI) has unveiled a cutting-edge digital platform aimed at modernizing currency management, payment systems, and banking operations.
Potential Signals for Dinar Redenomination: Analysts note that such technological upgrades often precede redenomination efforts, as they allow smoother transition and recalibration of currency systems.
Official Statements vs Market Speculation: While CBI emphasizes improved financial efficiency and transparency, market watchers speculate the timing may hint at a strategic reset of the Iraqi dinar.
Impact on Multi-Level Exchange Rates: The platform could facilitate controlled exchange rate adjustments across official and unofficial channels, possibly cushioning the economy during a redenomination.
Investor and Public Reactions: Early reactions are mixed:
Optimists see it as a step toward modernization and potential currency stabilization.
Skeptics warn it could be a “smokescreen” to prepare for redenomination without alarming the public.
Timing & Next Steps: Experts suggest monitoring CBI statements, digital platform rollouts, and forex activity closely for signals of a formal redenomination trigger.
Baghdad merchants take to the streets in a large demonstration protesting the fees
Traders in the capital have launched Baghdad Today, Sunday, a large demonstration took place near Baghdad Chamber of Commerce In protest against the fees Customs
The new regulations that the government began implementing with the arrival of the new year, which led to an increase in the value of fees on some goods, especially gold, cars, electronics and electrical appliances.
The lens captured Sumerian Protests by all merchants Baghdad Members in Baghdad Chamber of Commerce Those specializing in trading various goods raised banners containing slogans against the fees, especially the 30% fee.
oldsmiths, speaking to Alsumaria News, warned that the new fees will directly affect young people wishing to get married in Iraq This comes after the tariff increase. Customs On gold, 50 times.
One of the traders said that they used to pay 250,000 dinars in fees for every kilogram of imported gold, and today the fees have become 5%, which is equivalent to paying more than 12 million dinars in fees.
The traders confirmed that with one million dinars a young man about to get married could buy a good piece of furniture, but today it is impossible to get anything suitable for that price link
Jeff, a well-known voice in the Dinar community, provides clarity on what happens when the Iraqi Dinar (IQD) undergoes redenomination. According to him, investors need to be patient and take the process one week at a time, observing the changes as they unfold.
“They're not going to give us the date as to when the rate's going to change. We have to sit back, observe and study it.” – Jeff
Redenomination doesn’t immediately mean a sudden increase in wealth. Instead, it reduces the size of the physical currency in circulation while increasing its value.
How Redenomination Works
Lifting Zeros Off the Currency:
The process removes excess zeros from currency notes (not the exchange rate).
Example: A 25,000 dinar note could become a 25 dinar note.
Reduced Currency Circulation:
Fewer notes are needed to represent the same value.
Physical size of the currency in circulation decreases.
Impact on Pay Scales:
Pay scales adjust to reflect the smaller note size.
Despite the smaller notes, the currency’s value increases relative to foreign currencies.
Featured Snippet Idea: “Redenomination reduces the physical currency in circulation but increases the dinar’s value, adjusting pay scales accordingly.”
Why Investors Should Be Patient
Jeff emphasizes that there is no official date for the rate change. This means:
Investors should observe market trends instead of chasing rumors.
Understanding the mechanics of redenomination can prevent confusion during the process.
Redenomination is gradual, and the goal is long-term currency stability, not instant gains.
Q&A: Redenomination Explained
Q1: What does redenomination mean for the Iraqi dinar? A: It removes zeros from the currency, reducing the physical size of notes while increasing their value.
Q2: Will paychecks or salaries be affected? A: Yes. Pay scales will adjust to reflect smaller notes, but overall value remains proportionate.
Q3: Does redenomination instantly increase wealth? A: No. It’s primarily a structural change to the currency to stabilize and strengthen it over time.
Q4: Should investors try to predict the exact date? A: No. Jeff recommends observing the process week by week and studying the developments carefully.
Long-Term Takeaways for Investors
Patience is Essential: The redenomination process is gradual.
Understand the Mechanics: Focus on how currency value and circulation change, not just exchange rates.
Monitor Updates: Follow credible channels for official announcements, not rumors.
Focus on Fundamentals: The goal is long-term currency strength and stability.
Jeff’s insight highlights the importance of understanding redenomination mechanics. While removing zeros from the currency may seem simple, it reduces physical currency in circulation, adjusts pay scales, and strengthens the dinar’s value over time. For investors, patience, observation, and knowledge are the keys to navigating this critical financial process.
“Redenomination is about structural strength, not instant gains. Watch the process week by week.” – Jeff
Jeff
It's best to take this investment one week at a time and see what happens. They're not going to give us the date as to when the rate's going to change. We have to sit back, observe and study it.
When they go to lift the zeros off the currency, not off the exchange rate, off the currency, when they go to lift that, it lowers the physical size of the currency that's in circulation. You don't have 25,000 notes.
You'd have a 25 dinar note. What that's doing is if the size of the currency has scaled down and reduced, so would pay scales. What's going to happen is the pay scales will reduce when the redenomination occurs and the size of the currency notes reduce...but the currency will have an increase value.
Introduction of Multi-Tier Exchange Rates: Iraq may implement a multi-level FX system, allowing different rates for official, interbank, and informal markets.
Goal: Economic Stabilization: The system aims to reduce pressure on foreign reserves, control inflation, and prevent sharp currency fluctuations.
Qasim al-Araji receives the Chargé d'Affaires of the US Embassy in Baghdad
National Security Advisor, Mr. Qasim Al-Araji, received the Chargé d'Affaires of the US Embassy in Baghdad on Sunday.
Mr. Joshua Harris.
Mr. Al-Araji stressed that the Iraqi government is making great efforts to spare Iraq the effects of the conflict in the region, and to ensure that Iraq does not become an arena for settling scores, praising the efforts of the political blocs to choose a government that meets the aspirations of the Iraqi people for security, stability and balanced relations with the international community.
During the meeting, a comprehensive review of the overall situation in the region and the latest regional and international developments was also conducted.
The meeting also addressed the continuation of cooperation and partnership between Iraq and the United States, in a way that serves the security and stability of the region and the world. link
