Wednesday, August 6, 2025
MNT GOAT 💥 Dinar Reset Coming? CBI Tightens Grip as Oil Politics Heat Up 🛢️💸
💥 Dinar Reset Coming? CBI Tightens Grip as Oil Politics Heat Up 🛢️💸
" In recent weeks the CBI has come out with so much news about finally being able to control the dollar in Iraq by controlling the parallel market. Why is this so important?
We know that the CBI has told us there is going to be one more “official” rate change after the 1320 then conduct the Project to Delete the Zeros once this control of the parallel market is accomplished. My contact in the CBI then told me they thought that maybe the parallel market could reach the official rate by the end of last week. Did it? We still wait for the news to come. I will ask this question in my normal Weds call to my CBI contact in Iraq.
We also need to remember that the Project to Delete the Zeros is a focal point for the rest of the process going forward to make it to the reinstatement of the dinar back to FOREX, with a rate was as investors want."
The CBI is cracking down on the parallel market, aiming to align the dollar rate before the final dinar revaluation and Project to Delete the Zeros.
This is seen as the last major step before returning to FOREX with a real rate.
Meanwhile, Iraq's oil remains tied to the petro-dollar, keeping the dinar under U.S. influence.
The Kurdistan conflictis slowing reforms, but the KRG has started complying by handing oil to SOMO — a key move to stabilize revenue and unlock salaries.
The long-awaited Oil & Gas Law is now a top priority to prevent future disputes.
And forget the 2025 budget hype — Parliament is already preparing for 2026 as oil revenue drops kill the 2025 budget plans. That "RV tied to the 2025 budget" claim? Dead.
👉 Big changes ahead, but only once the CBI fully controls the market.
MNT GOAT: 🚨 RV STATUS UPDATE: NO BIG REVEALS YET, BUT IRAQ MOVES FORWARD! 💥🇮🇶 #DinarRV #Iraq
Detailed Highlight Summary:
No major RV revelations today, but Iraq is steadily progressing toward economic sovereignty and financial reform.
The dinar remains pegged to the US dollar, keeping Iraq’s economy under close watch and influence by the US Treasury and Federal Reserve due to the importance of the petro-dollar.
Recent CBI announcements show efforts to control Iraq’s parallel currency market, aiming for a unified official rate (around 1320), a key step before the planned Project to Delete Zeros.
This project represents a major currency revaluation and economic diversification—not just a cosmetic change like Iran’s zero deletion, which is driven by hyperinflation and sanctions.
Kurdistan’s internal disputes are causing delays but oil production continues, with the KRG beginning to comply with agreements to hand over oil revenues to Iraq’s central government, signaling progress.
Meanwhile, Iraq’s 2025 budget process is stalled due to low oil prices, pushing preparation to 2026, but this isn’t a crisis—projects will simply roll over.
China’s growing presence in Iraq’s oil infrastructure, including a $2.5 billion offshore pipeline project, signals a shift in international influence, with the US closely monitoring to protect its interests.
Unlike Iran’s economy, burdened by sanctions and hyperinflation, Iraq is rebuilding from war with controlled inflation and aims for a stable, diversified economy.
The upcoming currency reform will move Iraq from a dollar peg to a basket of currencies, contributing to a global financial reset in which Iraq will play a key role.
Political corruption and US debt issues remain obstacles, but ongoing arrests and reforms show a serious push toward financial stability.
Beware of false RV rumors and scams—real progress requires patience and understanding of the complex global financial landscape.
Stay tuned and prepare for the transformational changes ahead!
#IraqDinar #RVUpdate #CurrencyRevaluation #GlobalReset #EconomicSovereignty
⚡️🔥 "Kurdistan BLOCKS Baghdad! Non-Oil Revenues Held, Audits Denied!" 🇮🇶🛑
⚡️🔥 "Kurdistan BLOCKS Baghdad! Non-Oil Revenues Held, Audits Denied!" 🇮🇶🛑
📅 Aug 5, 2025 – Breaking from Kurdish Sources
🚫 KRG Refuses to Transfer Non-Oil Revenues
Despite agreements, Erbil is NOT handing over non-oil (and limited oil) revenues to Baghdad 💰❌
Federal audit committees are barred from reviewing Kurdistan’s local non-oil income 🔒👀
💸 KRG’s Latest Offer:
Willing to hand over only 120 billion IQD for this month
Refuses to commit to future transfers, claiming the amount is too large ⚖️🚫
📋 Report to PM Sudani:
Baghdad delegation submitted a detailed report outlining major obstacles caused by Kurdistan’s resistance to cooperate
This stall threatens full implementation of the financial agreement between federal government and KRG ⚠️
⚠️ The ongoing revenue standoff fuels tension and threatens Iraq’s economic unity.
Kurdish Sources: Erbil Refuses To Hand Over Non-Oil Revenues And Prevents Baghdad Committees From Auditing.
5 Aug Information/Baghdad.. Informed Kurdish sources revealed on Tuesday that the implementation of the financial agreement between the federal government and the Kurdistan Regional Government (KRG) continues to stall due to the latter's refusal to hand over non-oil revenues to Baghdad.
Sources told Al-Maalouma News Agency that "the regional government is not prepared to hand over
oil and non-oil revenues to the federal government, contrary to the agreement signed between the two parties," noting that "the Kurdistan Regional Government has refused to allow the relevant federal government committees to review local non-oil revenues."
She added, "The region expressed its willingness to hand over 120 billion dinars of local revenues for this month alone, but refused to commit to transferring the amount for future months, claiming the sum was too large." The sources confirmed that
"the regional government delegation that recently visited Baghdadofficially informed the federal government delegation that it was not allowed to audit non-oil revenues," explaining that
"the government delegation submitted a detailed report to Prime Minister Mohammed Shia al-Sudani,
which included the obstacles hindering the implementation of the agreement with the region."
https://almaalomah.me/news/106549/economy/مصادر-كردية:-أربيل-ترفض-تسليم-الإيرادات-غير-النفطية-وتمنع-لج
MNT GOAT 🧨 "From Tehran to Baghdad: Will ‘Deleting Zeros’ Be Real Reform or Just Optics?" 🇮🇷🇮🇶
MNT GOAT
🧨 "From Tehran to Baghdad: Will ‘Deleting Zeros’ Be Real Reform or Just Optics?" 🇮🇷🇮🇶
📰 Main Takeaways:
🇮🇷 Iran’s Economic Committee has approved a draft law to remove 4 zeros from the Rial.
👉 But this is likely a cosmetic move to fix the currency's image, not its value.
👉 It's seen as a response to structural crisis, not true reform or revaluation.
🇮🇶 Iraq faces similar symptoms:
🔹 Rentier economy
🔹 Dual (parallel) currency markets
🔹 Lack of transparency in foreign reserves
🔹 Political instability & corruption
⚠️ Warning from Mnt Goat:
If Iraq follows Iran’s model, “deleting the zeros” could be used as a symbolic gesture, to distract from deeper reforms needed.
✅ But Mnt Goat says clearly: NO — Iraq should not follow this model.
🔍 Bottom Line:
Iran is using zero deletion as a cover for internal problems, not as a path to real value.
Iraq’s situation may seem similar, but the path forward must involve real monetary reform, not just optics.
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MNT GOAT
"FROM TEHRAN TO BAGHDAD...
WILL "REMOVING ZEROS" BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?"
40900 The Economic Committee of the Iranian Shura Council approved a draft law to remove four zeros from the national currency, a move that suggests a technical effort to address a structural crisis rather than a genuine economic breakthrough and revaluation. For the Iranian Riyal, it appears the state is trying to restore the currency's image, not
its actual value. Could this model apply to Iraq? The data are different in form, but similar in content. Iraq, too, suffers from an excessively rentier economy, a parallel currency market, and a lack of transparency in reserve management. If political crises and financial corruption persist, the option of "removing zeros" may one day be presented not as a monetary
option, but rather as a symbolic cover to evade the demands of genuine reform. The answer is NO! But let's go even deeper on this subject matter of Iran vs Iraq about their projects to delete their zeros from their currencies. How do they compare? What is about to happen in Iran and why.
Their words not mine....
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