Al-Araji: The coming days will end the disputes over the presidency.
The head of the Reconstruction and Development bloc, Bahaa al-Araji, confirmed on Thursday that the next few days will witness the resolution of the positions of President of the Republic and Prime Minister, noting that this step will contribute to ending the state of stagnation that the political process has reached.
Al-Araji said that “disagreements between the two Kurdish parties are still hindering agreement on a candidate for the position of President of the Republic,” indicating that “achieving agreement between the Kurdish forces is a fundamental step before moving to the national arena to resolve this entitlement.”
He added that “the delay in deciding on the presidency has negatively affected the rest of the political and constitutional issues,” noting that “the next stage may witness a breakthrough in the political process after reaching an agreement on the candidates.”
Al-Araji pointed out that “the House of Representatives is waiting for the completion of these constitutional requirements to move on to other files related to the formation of the government,” stressing that “resolving these files is imminent and requires serious political will from all parties.”
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Iraq Political Shock: Maliki Withdrawn, Sudani Rising — Could This Accelerate the Iraqi Dinar RV?
Recent political developments in Iraq have triggered intense speculation among global observers and those following the potential Iraqi dinar revaluation (RV). According to commentary circulating among analysts, including insights attributed to Mnt Goat, a major shift within Iraq’s Shiite Coordination Framework may significantly reshape the political landscape.
The sudden withdrawal of Nouri al-Maliki from the race for prime minister and the potential emergence of Mohammed al-Sudani as the leading candidate could accelerate the long-awaited formation of Iraq’s government — a key milestone many believe is tied to economic reforms and possible currency changes.
Let’s break down what is happening and why it matters.
The Big Question: Who Gets to Choose the Next Prime Minister?
A crucial constitutional question has emerged in Iraq’s political process.
After missing several constitutional deadlines to form a government, Iraq’s parliament reportedly turned the matter over to the judiciary to determine the next step.
The issue is whether the Coordination Framework — a coalition of Shiite political parties — still has the authority to select its own candidate for prime minister.
If the judiciary decides the constitutional deadlines must be strictly enforced, the interpretation could dramatically change the process.
Why This Matters
Under the ruling being discussed:
The largest winning political bloc would have the right to nominate the prime minister.
If this interpretation holds, Mohammed al-Sudani may automatically become the candidate.
This would remove the Coordination Framework’s ability to choose a different nominee.
For many observers, this represents a major political turning point.
“Members of the Shiite framework reached a preliminary agreement in their meeting today to withdraw the nomination of Nouri al-Maliki for the presidency of the next Iraqi government and to choose an alternative to be determined later.”
The meeting in Baghdad was reportedly tense and highly contentious.
However, the outcome appears clear: Maliki’s nomination has been withdrawn.
Why Maliki’s Withdrawal Is Significant
For years, Nouri al-Maliki has been a controversial figure in Iraqi politics.
His continued presence in the race had been seen by some analysts as a major obstacle to forming a consensus government.
The withdrawal could mean:
Reduced political deadlock
Faster negotiations
A clearer path to establishing a new government
Many observers believe this development could be one of the most important political breakthroughs in months.
Sudani Emerging as the Likely Candidate
With Maliki stepping aside, attention now shifts to Mohammed al-Sudani.
If the judiciary confirms the constitutional interpretation being discussed, Sudani may effectively become the official nominee for prime minister.
This possibility has sparked excitement among those tracking Iraq’s reform process.
Why This Matters for Economic Reform
A stable government is essential for:
Implementing financial reforms
Advancing anti-corruption measures
Strengthening Iraq’s banking system
Moving forward with currency and economic modernization
Many analysts have long argued that government formation is a prerequisite for major monetary changes.
Could This Impact the Iraqi Dinar Revaluation (RV)?
Among dinar watchers, the formation of a fully functioning government is often seen as a critical step toward economic transformation.
If Iraq successfully installs a new government soon, it could unlock progress in several areas:
Implementation of banking reforms
Activation of financial legislation
Strengthening of the Central Bank of Iraq
Progress toward integration into global financial systems
While no official confirmation exists regarding any currency revaluation, political stability is widely viewed as a key foundational requirement.
Why Observers Are Saying “WOW”
The combination of several developments has caught the attention of the dinar community:
Judicial involvement in the government formation process
The forced withdrawal of Maliki
The potential emergence of Sudani
Momentum toward ending political gridlock
If these developments continue, Iraq could move closer to finally installing a fully operational government.
For those monitoring Iraq’s economic trajectory, that would be a major milestone.
Key Takeaways
Iraq’s parliament has reportedly turned government formation questions over to the judiciary.
If constitutional deadlines are enforced, the largest bloc may control the nomination process.
Nouri al-Maliki’s candidacy has reportedly been withdrawn after a major meeting in Baghdad.
Mohammed al-Sudani may now emerge as the leading candidate for prime minister.
Political stability could accelerate Iraq’s economic and financial reforms.
Featured Snippet: What Happened in Iraq’s Government Race?
Q: Why was Nouri al-Maliki’s candidacy withdrawn? A: According to reports from Arab media, members of the Shiite Coordination Framework reached a preliminary agreement in Baghdad to withdraw Maliki’s nomination and choose another candidate to avoid political deadlock.
Q&A Section
Q1: Who is Mohammed al-Sudani?
Mohammed al-Sudani is an Iraqi political figure who has served in several government roles, including ministerial positions. He is now being discussed as a potential candidate for prime minister.
Q2: Why is the Iraqi government formation important?
Forming a stable government allows Iraq to pass laws, implement economic reforms, and move forward with financial modernization.
Q3: Does this mean the Iraqi dinar will revalue soon?
There is no official confirmation of a dinar revaluation. However, political stability and government formation are widely considered necessary steps toward economic reform.
Q4: Why is Maliki controversial?
Former Prime Minister Nouri al-Maliki has faced criticism over governance issues and political divisions during his time in office.
Final Thoughts
Iraq’s political landscape may be entering a critical new phase. The removal of a controversial candidate and the potential rise of a new leader could finally break the prolonged stalemate that has delayed government formation.
If these developments continue to move forward, they could open the door to major economic reforms and long-awaited financial changes in Iraq.
For observers worldwide, the coming weeks may prove to be extremely important.
Can the Coordination Framework still be able to pick their candidate or is this now not allowed since they already pasted all the constitutional deadlines?
Parliament turned this over to the Judiicary to decide what to do next. If it is to be enforced, we can be assured that al-Sudani will be the candidate, since his party has the largest winner in the elections, as the ruling states....according to this ruling, al-Sudani is already now the candidate. If this ruling holds true the Coordination Framework no longer gets to choose the nominee... WOW! WOW! WOW! again…
there is WOW! WOW! WOW! news to tell regarding the RV as we may be getting the new Iraqi government in place very shortly. Maliki still persisted in not dropping out, however...the Coordination Framework was forced to withdraw Maliki’s nomination.
Article: "THE SHIITE FRAMEWORK DECIDES TO WITHDRAW AL-MALIKI’S CANDIDACY – ARAB MEDIA" A stormy meeting in Baghdad ends with a preliminary agreement within the Shiite framework to exclude Maliki from the race. Quote: "...the members of the framework reached a preliminary agreement in their meeting today to withdraw the nomination of Nouri al-Maliki for the presidency of the next Iraqi government and to choose an alternative to be determined later.”
Iraqi Kurdistan did not interfere in the Iranian events; the opposition denies Western reports.
Iranian Kurdish parties in Iraqi Kurdistan deny any operations inside Iran and describe Western reports as rumors.
The Iranian Kurdish parties present in the Kurdistan Region denied carrying out any movements or operations inside Iran. Kurdish media quoted officials in the main Kurdish opposition parties as saying that all news about movements from inside the Kurdistan Region of Iraq towards Iran is completely false.
Rudaw Network quoted an official in the Komala Party denying his party’s involvement in any operation.
The statements come amid a series of rumors and Western and Arab reports about ground operations led by the opposition in Iranian Kurdish regions. LINK
Analyst Sandy Ingram recently provided insights into the Iraqi dinar (IQD) and its potential for adjustment amid ongoing conflicts in Iraq and regional tensions involving Iran.
Her analysis highlights key concerns, including the impact on oil exports, the current exchange rate, and how geopolitical developments could influence Iraq’s monetary stability.
Light at the End of the Tunnel: Potential IQD Adjustment
Sandy Ingram noted that many observers see a potential adjustment for the IQD once the current conflict subsides.
Timing remains uncertain, as military actions in northern Iraq may affect economic operations.
The Straits of Hormuz, a key shipping route for oil, is another critical factor. Closure would severely limit Iraq’s ability to export oil.
Monetary reforms and currency adjustments often depend on stability in oil revenues, making these geopolitical events highly relevant to the Iraqi dinar.
Current IQD Exchange Rate
According to Sandy:
The IQD is currently holding at 1392.52 IQD per USD.
Maintaining this rate amid conflict is considered a sign of resilience.
Investors remain vigilant, as any disruption to Iraq’s oil exports could put pressure on the currency.
Regional Conflict and Economic Impact
Sandy highlighted the complexity of the Iran-Iraq situation:
Iran attacking northern Iraq complicates logistics for oil exports.
Iraqi forces using tear gas against pro-Iran protesters reflects internal tensions.
Iran-backed militias attacking US bases in Iraq escalates regional military involvement.
US airstrikes targeting Iran-backed militias further complicate the security and economic environment.
She emphasized that these conflicts could slow or delay any IQD adjustment, as Iraq’s financial and political stability is essential before any monetary reform.
Geopolitical Factors Affecting Iraq’s Currency
Several factors may influence the Iraqi dinar in the short term:
Oil export routes: Northern pipelines and the Straits of Hormuz are critical for revenue.
Regional stability: Conflicts with Iran-backed groups can disrupt economic operations.
US involvement: Airstrikes and military decisions affect both regional stability and market confidence.
Internal governance: Iraq’s ability to manage protests and maintain law and order directly impacts investor sentiment.
Featured Snippets (Quick Answers)
What is the current IQD exchange rate?
As of Sandy Ingram’s latest commentary, the IQD is holding at 1392.52 per USD.
Could the IQD adjust soon?
A potential adjustment may occur after the current conflicts subside, but timing is uncertain.
How do Iran-Iraq tensions affect the dinar?
Military activity in northern Iraq and disruptions to oil exports could delay currency adjustments and impact economic stability.
Is Iraq financially stable during these conflicts?
While the IQD is holding its value, ongoing regional conflicts pose risks to financial stability, especially if oil exports are disrupted.
Q&A: Iraqi Dinar and Conflict Impact
Q: What’s the main concern for the IQD right now?
The primary concern is maintaining stability while Iraq navigates Iran-backed attacks and internal unrest.
Q: How does oil influence the IQD?
Iraq’s economy is heavily dependent on oil exports, so any disruption can directly impact the currency’s exchange rate and financial reform potential.
Q: Could US involvement stabilize Iraq’s currency?
Potentially. Targeted operations against Iran-backed militias may reduce immediate threats to financial operations, but geopolitical uncertainty remains.
Final Thoughts
Sandy Ingram’s insights illustrate that while the IQD is currently holding, regional conflicts and logistical challenges make a near-term adjustment uncertain.
Investors should monitor:
Northern Iraq and Straits of Hormuz shipping routes
Internal governance and protest management
US-Iran interactions in Iraq
Oil production and export stability
Maintaining awareness of these factors is crucial for understanding the future trajectory of the Iraqi dinar.
Many see light at the end of the tunnel for an IQD adjustment after this conflict is over.
We do not know when the IQD will adjust...If Iran is attacking northern Iraq, it is difficult to export oil through the north. And if the Straits of Hormuz is closed, there is no way for Iraq to get its oil to market. We can only hope this conflict ends before Iraq experiences financial difficulty.
The IQD exchange rate is holding its own at 1392.52 IQD to 1 USD.
This is our main concern... However...Iran is playing an entirely different war than expected. Iraqi force fire teargas at pro-Iran protesters...Iran backed militias also attacked US bases in Iraq...However Trump may have used them to do his will...US forces have targeted Iran-backed militias with airstrikes in Iraq.
JUDGE ZAIDAN DISCUSSES WITH THE US ENVOY THE COMPLETION OF “CONSTITUTIONAL ENTITLEMENTS” IN IRAQ
The escalating American pressure on Iraq comes as a translation of President Donald Trump’s explicit threats, which included criticism of the previous course taken by former Prime Minister Nouri al-Maliki, when he assumed the premiership during two consecutive terms between 2006 and 2014.
On January 24, 2026, the Coordination Framework announced the nomination of Nouri al-Maliki, head of the State of Law Coalition, for the position of Prime Minister, with a majority vote from its constituent groups.
The head of the Supreme Judicial Council, Judge Faiq Zaidan, discussed with US Special Envoy Tom Barrack on Friday the role of the judiciary in supporting efforts to complete the remaining constitutional requirements during the next phase.
This is the second meeting of its kind in a week; it was preceded by a meeting last Monday that addressed judicial procedures related to the file of detainees transferred from Syrian prisons to Iraq, according to official statements issued by the Council.
These talks come at a time when the political forces that won the elections in late 2025 are seeking to resolve the issue of candidates for the positions of President of the Republic and Council of Ministers, and to proceed with the procedures for forming the new government, steps which are legally known as the postponed “constitutional entitlements”.
This comes as the United States gave the Shiite Coordination Framework a deadline last Tuesday, which ends today, Friday, regarding the withdrawal of the nomination of the leader of the State of Law Coalition, Nouri al-Maliki, for the position of Prime Minister, according to what an official source in the framework told Shafaq News Agency.
He added that “Al-Maliki informed the framework that he does not intend to withdraw his nomination at all, and informed them that the (two-thirds) who nominated Al-Maliki should withdraw the nomination and he does not object to that, and this is the closest thing to the scene during the next few days.”
(Mnt Goat: According to my CBI contact 2/3 who nominated Maliki has already withdrawn their support before this meeting took place, so Maliki is lying and stalling)
The “coordination framework,” which includes ruling Shiite political forces in Iraq, is witnessing a division over the nomination of Maliki for the next government, amid American warnings of the repercussions of his selection, which prompted forces within the coalition to try to persuade him to withdraw in order to preserve the unity of the framework.
The US President’s envoy, Thomas Barak, had informed the Iraqi side during his visit to Baghdad a few days earlier of the American vision regarding the formation of the Iraqi government.