馃嚠馃嚩馃彟 CBI CONTACT INTEL: KEY DEVELOPMENTS REGARDING IRAQ’S EXCHANGE RATE AND BANKING REFORMS
馃挶 1. The 1,520 IQD Exchange Rate May Be Temporary
According to the author’s unnamed contact at the Central Bank of Iraq (CBI), the exchange rate of 1,520 IQD per U.S. dollar is considered temporary.
The contact reportedly explained that the rate is intended primarily to help combat the parallel currency market while also providing the Iraqi government with additional funding.
The author’s contact reportedly suggested that this rate could remain in place for only a few months. However, no specific date for a change was confirmed, and the CBI has not officially announced a timeline for another exchange-rate adjustment.
馃彟 2. Bringing Cash Back Into Iraq’s Banking System
The author also reported that his CBI contact believes recovering even half of the cash currently held outside Iraq’s banking system would represent a significant success.
According to the information shared, this could potentially return approximately $40–45 billion to the banking system. The effort is connected to Iraq’s broader goal of encouraging citizens to use banks and strengthening the country’s formal financial system.
馃搳 3. Narrowing the Gap Between Official and Parallel-Market Rates
According to the author’s contact, the International Monetary Fund (IMF) wants Iraq to bring the parallel-market exchange rate closer to the official CBI rate before proceeding with further monetary changes.
Reducing the gap between these rates is an important part of addressing currency-market distortions and improving confidence in Iraq’s monetary system. The contact’s reported comments suggest that controlling the parallel market remains a key consideration in the country’s ongoing financial reforms.
馃攷 WHAT THIS COULD MEAN FOR THE IRAQI DINAR
Taken together, these three points suggest that Iraq’s immediate priorities include managing the exchange rate, reducing reliance on the parallel market, and bringing more cash into the formal banking sector.
For Dinar Watchers, the key issue is whether these efforts eventually lead to additional monetary-policy changes. Nevertheless, the reported comments do not confirm an upcoming revaluation (RV), a new exchange rate, or a specific date for any change.
⚠️ IMPORTANT DISCLAIMER: The information above is attributed to the author’s unnamed CBI contact and reflects secondhand reporting. It has not been independently verified and should not be interpreted as an official announcement from the Central Bank of Iraq or the IMF.
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MNT GOAT 馃嚠馃嚩馃毃 IRAQI DINAR RV WATCH: DEVALUATION, BANKING REFORMS & THE ROAD TO 2027
馃挼 1. THE 1,520 EXCHANGE RATE: WHAT’S THE STRATEGY?
According to the newsletter’s analysis, Iraq’s adjustment of the official dollar rate from 1,320 to 1,520 IQD could serve several purposes: easing pressure on government finances, narrowing the gap with the parallel market, and encouraging more dinar cash to return to the banking system.
馃彟 2. THE CASH OUTSIDE IRAQ’S BANKS
The newsletter cites a parliamentary estimate of 40–45 trillion dinars held outside the banking system. The author believes collecting this cash could be connected to a future currency reform.
The challenge is restoring public confidence in banks and encouraging citizens to deposit their money electronically.
馃搳 3. THE REMOVAL OF ZEROS
The author suggests that Iraq could prepare to remove three zeros from the currency in the first quarter of 2027. According to this theory, existing large-denomination notes would be exchanged for lower denominations, potentially through bank deposits rather than cash.
⚠️ However, the newsletter does not establish that the CBI has officially approved this timeline or confirmed that new denominations will be introduced then.
馃挵 4. WHY IS IRAQ DISCUSSING IMF FINANCING?
The newsletter cites preliminary discussions about a possible $5.4 billion loan amid budget pressures and concerns about oil revenues.
The author questions why Iraq would seek external financing while billions of dinars remain outside the banking system. However, these funds are not automatically available to the government: citizens’ deposits and government financing are different things.
馃搲 5. THE PARALLEL MARKET IS A KEY FACTOR
The government reportedly aims to bring the parallel-market dollar rate toward 1,550 dinars. Reducing the gap between official and parallel rates could improve currency-market stability and make legitimate dollar transactions through banks more attractive.
The results will depend on actual market rates, access to foreign currency, inflation, and confidence in the banking system.
馃實 6. SECURITY, SANCTIONS & INTERNATIONAL CONFIDENCE
The newsletter also connects monetary reform with security, action against illicit financial flows, international sanctions, and attracting foreign investment.
These issues can affect Iraq’s access to international banking and investment. But their connection to a future dinar revaluation remains an interpretation, not proof of an approved RV plan.
馃攷 7. WHAT COULD THIS MEAN FOR DINAR HOLDERS?
The author’s theory is that Iraq may be addressing several challenges before attempting currency reform:
✅ Controlling the parallel market.
✅ Returning cash to the banking system.
✅ Managing inflation and foreign reserves.
✅ Improving financial transparency and stability.
✅ Preparing the conditions for removing zeros.
馃毃 IMPORTANT DISTINCTION: Removing zeros is a redenomination, not automatically an increase in the dinar’s real value. A future reinstatement or RV at a higher exchange rate has not been confirmed by the evidence presented in this newsletter.
馃搮 THE BIG QUESTION: WILL 2027 BE THE TURNING POINT?
The newsletter points to early 2027 as a possible window for currency reform. The key will be whether the CBI publishes an official implementation schedule and whether Iraq achieves measurable progress on exchange-rate stability, inflation, and banking reforms.
馃挱 MY TAKEAWAY: The developments described are worth monitoring, but the strongest evidence will come from official CBI announcements, published monetary policies, and verifiable changes to Iraq’s exchange-rate system—not speculation alone.
馃嚠馃嚩馃挼 DINARIANS: Are these reforms laying the groundwork for currency restructuring, or does Iraq still have too many economic challenges to resolve first?
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/
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#IraqiDinar #IQD #RVWatch #Dedollarization #CBI #IraqEconomy #DeleteTheZeros
馃嚠馃嚩馃毃 FRANK26 BREAKS DOWN THE LATEST NEWS ABOUT IRAQ’S BORDER CROSSINGS
馃帣️ FRANK26:
“Family, they are releasing this information, and they’re calling it breaking news. They are closing tomorrow, and they’re moving as fast as they can to get things done. All crossings with Iran will also be closed gradually.
The source did not mention any other details about the reason for the sudden closure.”
馃摙 FRANK26 CONTINUES:
“I told Omar I think this is big, and he said, ‘Nah, it doesn’t deal with the exchange rate.’ He said, ‘Let me explain it to you.’”
Frank26 then summarized the possible implications of the announcement, including:
馃敼 Security concerns
馃敼 Trade disruptions
馃敼 Travel restrictions
馃敼 Economic impact
馃敼 Potential temporary measures affecting people
馃挶 DOES THIS MEAN THE DINAR EXCHANGE RATE WILL CHANGE?
Frank26 acknowledged that the announcement does not directly indicate a change in the Iraqi dinar exchange rate.
He also clarified that, based on the information discussed, it does not directly confirm changes to:
馃彟 The exchange rate
馃搳 Banking reforms
馃挼 Monetary policy
馃帣️ FRANK26’S CONCLUSION:
“But it does do this. I’ll read all this to you tomorrow.”
He indicated that he would provide a more detailed explanation in the next broadcast.
馃攷 WHAT SHOULD DINAR FOLLOWERS WATCH?
The potential closure of border crossings with Iran could have implications for regional security, trade, transportation, and Iraq’s economy. However, the announcement alone does not establish a connection to a dinar revaluation or a change in monetary policy.
⚠️ IMPORTANT: Frank26 discussed the border-closure report as breaking news, but the transcript does not identify the original source or independently verify the announcement. Any connection to Iraq’s currency reforms remains unconfirmed.
馃嚠馃嚩馃挶 Stay informed, follow official announcements, and separate confirmed developments from speculation.
馃嚠馃嚩 IRAQI DINAR UNDER PRESSURE: A KEY DEVELOPMENT TO WATCH! 馃挼
馃搲 According to Asharq Bloomberg, the Iraqi dinar declined 14.2% in 2026, following Iraq’s October 7 adjustment of the official dollar rate from 1,320 to 1,520 IQD.
馃洟️ Why does it matter? A weaker dinar allows the government to obtain more dinars from oil revenues earned in dollars, but it can also increase import costs and put pressure on citizens’ purchasing power.
馃彟 The Central Bank says its foreign reserves remain sufficient to finance foreign trade and meet other dollar needs. The gap between official and parallel-market exchange rates will be an important indicator to monitor.
馃攷 THE BIG QUESTION: Is this adjustment a temporary response to economic pressures, or does it highlight deeper structural challenges in Iraq’s economy?
馃毃 For dinar watchers: This development does NOT confirm an upcoming RV or the removal of zeros. Official Central Bank announcements and future exchange-rate decisions remain crucial.
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#Iraq #IraqiDinar #IQD #CBI #DinarWatch #IraqEconomy
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THE IRAQI DINAR IS THE SECOND WORST-PERFORMING ARAB CURRENCY; DOLLAR PRESSURES POSE A DIFFICULT TEST FOR MONETARY POLICY.
The classification of the Iraqi dinar among the Arab currencies that have declined the most against the US dollar has raised widespread questions about the future of monetary stability in Iraq, and the ability of the Central Bank to contain the increasing pressures on the exchange market, at a time when the economy is facing challenges related to oil revenues, government spending and the heavy reliance on imports.
Data circulating and attributed to Bloomberg indicates that the Iraqi dinar ranks second in the Arab world in terms of poor performance, after the Libyan dinar. This development reflects the magnitude of the challenges facing monetary policy, but it does not necessarily mean that Iraq has the second weakest currency in the world in terms of its nominal value.
These indicators are of particular importance given the sensitivity of the Iraqi economy to dollar movements, due to the country’s reliance on oil revenues denominated in US dollars, while local markets depend on imports to meet a large part of citizens’ needs.
According to a report published by Asharq Bloomberg on October 19, 2026, the currencies of four Arab countries were among the worst-performing currencies since the beginning of the year. Data reports indicated that the Libyan dinar declined by 15.6%, followed by the Iraqi dinar at 14.2%. However, this ranking alone is insufficient to prove that the Iraqi dinar is the second worst-performing currency globally.
This classification comes after the decision taken by the Iraqi authorities on October 7 to amend the official selling price of the dollar to the public from 1320 to 1520 dinars, in response to the economic and financial conditions the country is going through, particularly the disruptions that have affected oil exports through the Strait of Hormuz.
Under the new pricing, the Ministry of Finance set the dollar purchase price at 1,500 dinars and the selling price to banks at 1,510 dinars, reaching 1,520 dinars for the end user. This represents an increase in the official dollar exchange rate of approximately 15.2%, while the dinar’s value, when calculated in dollar terms, has decreased by about 13.2%.
From an economic standpoint, devaluing the dinar gives the government greater ability to convert dollar-denominated oil revenues into larger amounts in the local currency, which could help it finance salaries, operating expenses, and public obligations. However, these financial gains are offset by a cost borne by the consumer, due to higher prices for imported goods and a decline in the purchasing power of incomes denominated in dinars.
The danger of this shift lies in the fact that the Iraqi economy is heavily reliant on imports, including food, medicine, electrical appliances, and production inputs. Therefore, the increased cost of obtaining dollars could gradually be passed on to the prices of goods and services, even in sectors that do not directly deal in US currency.
In this context, economic experts who spoke to Asharq Bloomberg warned of the transfer of the effects of the exchange rate adjustment to local markets, with the possibility that some traders may resort to raising prices as a precaution in anticipation of further fluctuations, which may lead to increases that exceed the direct impact of the exchange rate change.
The challenges do not stop at the official rate, as the difference between the rate adopted by the central bank and the rates traded in the parallel market is an important indicator of the level of demand for the dollar and the extent to which official banking channels are able to meet market needs.
The wider the gap between the two exchange rates, the greater the pressure on traders, importers, and citizens, and the higher the likelihood of speculation and price volatility. Conversely, narrowing this gap requires consistent financing of foreign trade, strengthening confidence in banks, and providing clear mechanisms for obtaining foreign currency within legal frameworks.
Despite these pressures, the Central Bank of Iraq, when announcing the exchange rate adjustment, affirmed that its foreign reserves were sufficient to finance foreign trade, settle international bank card transactions, and meet the cash needs of travelers. This assertion indicates that the exchange rate adjustment does not necessarily mean that reserves have been depleted or that the country is unable to finance its imports.
Recent developments reveal a deeper economic problem: Iraq’s financial stability is linked to oil price movements and export volumes, while non-oil productive sectors contribute only to providing sustainable sources of foreign currency.
The heavy reliance on government spending also means that any decrease in oil revenues is quickly passed on to the general budget, and puts decision-makers in front of difficult choices regarding spending, borrowing, monetary policy and the exchange rate.
The future trajectory of the dinar is expected to depend on a number of key factors, most notably the regularity of oil exports, the volume of dollar revenues, the level of foreign reserves, the central bank’s ability to manage demand for dollars, and the government’s success in controlling spending and boosting non-oil resources.
If pressure on oil revenues persists and the gap between the official and parallel exchange rates widens, markets could face increased volatility and higher living costs. However, improved dollar inflows, stable exports, and strengthened confidence in the banking system could help alleviate these pressures without necessarily requiring a further adjustment to the exchange rate.
The ranking of the Iraqi dinar among the worst-performing Arab currencies during 2026 puts economic policy to a test that goes beyond simply defending the value of the currency, to include the state’s ability to protect the purchasing power of citizens and achieve a balance between the requirements of the budget and monetary stability.
The most important question remains: Does the decline of the dinar represent an exceptional measure imposed by economic circumstances, or is it an indication of structural imbalances that call for deeper reforms in the management of public finances, the banking sector, and the Iraqi economy?
Between these two possibilities, the movement of the dollar, commodity prices, and the level of oil revenues during the coming months will be crucial indicators for assessing the results of the decision and its repercussions on the economy and the citizen.
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/
馃嚠馃嚩馃帣️ MARKZ LIVE: WILL THE DINAR, DONG, AND RUPIAH REVALUE AT THE SAME TIME?
馃棧️ MARKZ: Good evening, everyone! It’s great to have you all here. Hello to everyone in the community and our moderators. This is an amazing community, and I receive so much love and support from all of you.
馃挰 PARTICIPANT: MarkZ, is there any news about the currencies?
馃棧️ MARKZ: I wish I had something solid! I really wish there were some concrete news to share. Probably the only positive piece of information I’ve heard is that it’s looking more and more likely that the Dinar, Dong, and Rupiah will all go at the same time.
馃搳 MARKZ: At this point, I would put that possibility at 99.9%.
馃挶 WHAT DOES THIS MEAN FOR DINAR FOLLOWERS?
MarkZ is expressing his expectation that the Iraqi dinar (IQD), Vietnamese dong (VND), and Indonesian rupiah (IDR) could experience changes at the same time.
⚠️ IMPORTANT: In this segment, MarkZ does not provide official evidence confirming a simultaneous revaluation of these currencies. The 99.9% figure represents his personal assessment, not an official announcement.
馃嚠馃嚩 MY OBSERVATION: MarkZ’s comments reflect optimism about a possible simultaneous currency revaluation. However, until verifiable announcements are issued by the relevant monetary authorities, this should not be considered confirmation of an RV.
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SPANISH
馃嚠馃嚩馃帣️ MARKZ EN DIRECTO: ¿EL DINAR, EL DONG Y LA RUPIA SE REVALUAR脕N AL MISMO TIEMPO?
馃棧️ MARKZ: ¡Buenas noches a todos! ¡Qu茅 bueno tenerlos aqu铆! Saludos a todos los miembros de la comunidad y a nuestros moderadores. Esta comunidad es incre铆ble y recibo much铆simo cari帽o de todos ustedes.
馃挰 PARTICIPANTE: MarkZ, ¿hay alguna novedad sobre el tema de las divisas?
馃棧️ MARKZ: ¡Ojal谩 tuviera noticias concretas! Me gustar铆a tener informaci贸n s贸lida que compartir. La 煤nica noticia positiva que he escuchado sobre el tema es que cada vez parece m谩s probable que el dinar, el dong y la rupia se muevan al mismo tiempo.
馃搳 MARKZ: En este momento, situar铆a esa posibilidad en un 99,9 %.
馃挶 ¿QU脡 SIGNIFICA ESTO PARA LOS SEGUIDORES DEL DINAR?
MarkZ est谩 expresando su expectativa de que el dinar iraqu铆 (IQD), el dong vietnamita (VND) y la rupia indonesia (IDR) podr铆an experimentar cambios al mismo tiempo.
⚠️ IMPORTANTE: MarkZ no presenta en este fragmento pruebas oficiales que confirmen una revaluaci贸n simult谩nea de estas monedas. El 99,9 % es su estimaci贸n personal, no una cifra oficial.
馃嚠馃嚩 MI OBSERVACI脫N: Los comentarios de MarkZ reflejan optimismo sobre un posible evento simult谩neo de revaluaci贸n. Sin embargo, hasta que existan anuncios verificables de las autoridades monetarias correspondientes, no puede considerarse una confirmaci贸n de la RV.
MNT GOAT: 馃嚠馃嚩 IRAQ UPDATE: MILITIA DISARMAMENT, GOVERNMENT REFORMS & THE IRAQI DINAR’S FUTURE ⚠️ 1. IRAQI MILITIA LEADER WARNS OF A PO...
