Iraqi state-owned banks suspend operations until the beginning of next year
Iraqi state-owned banks will begin their annual inventory and audit procedures this week, which will halt their operations until the beginning of next year.
An informed source told Shafaq News Agency that "this step comes to pave the way for settling accounting holds and preparing the statistics and financial data for the past year," noting that "the work will include not promoting banking service requests and temporarily halting all banking activities during the inventory period, and this procedure is carried out annually."
The source confirmed that "banks will resume their normal operations and begin promoting banking transactions and services at the beginning of next year after completing the inventory and auditing procedures in accordance with the approved regulations link
🔥 FRANK26 – December 5, 2025: More Alaq Speech Breakdown & What It Means for the Dinar Community
📌 Introduction: Why the December 5, 2025 Alaq Comments Matter
The December 5, 2025 update from Frank26 has sparked major conversation across the dinar community. Governor Ali Mohsen Alaq continues releasing statements that appear carefully designed to prepare the public for progress within Iraq’s monetary reform — and investors worldwide are paying attention.
In today’s deep-dive, we break down:
What Alaq actually hinted at
Why Frank26 emphasized these comments
How these statements align with Iraq’s ongoing economic strategy
What it may signal for the IQD and future policies
💬 1. Alaq Continues the Pattern of Predictive Messaging
In his latest remarks, Governor Alaq reinforced themes he has repeated throughout 2025:
Monetary stability as a prerequisite for growth
The strengthening of domestic banking sectors
Iraq’s ongoing need to integrate with international financial systems
Frank26 emphasized that Alaq’s tone is no longer “generic policy talk.” Instead, there is a consistent pattern of:
“Setting the stage without revealing the script.”
This is common in monetary reform environments where communication must be gradual, controlled, and intentional.
🏦 2. Banking Modernization = Hidden Signal?
According to Frank26, new details Alaq released about:
digitizing Iraqi financial platforms
increasing electronic payment adoption
expanding international banking compliance
…are all direct prerequisites for a globalized, trade-ready, value-adjusted currency.
While none of these statements say “rate change,” they point toward infrastructure alignment.
In other words:
“You don’t modernize the entire banking system unless you’re preparing for something significant.”
🌍 3. International Compliance & FX Compatibility
Alaq stressed the importance of Iraq aligning with international audit, transparency, and exchange standards.
Frank26 highlighted that this is not random wording.
When a central bank governor discusses:
FX interoperability
reserve strengthening
international auditing frameworks
anti-corruption enforcement
…it typically means they are preparing the monetary system to interact externally, not just internally.
This is a key distinction for dinar observers.
📈 4. What Investors Should Understand (According to Frank26)
Frank26’s message emphasized that:
Iraq is communicating the process, not the timing.
The pattern is steady, intentional, and escalating.
Public speeches from Alaq should be watched carefully.
He also made clear that:
“The monetary reform isn’t coming — it’s progressing.”
This aligns with his long-standing view that the reforms move internally long before they are visible externally.
✨ Featured Snippet
Q: What did Frank26 say on 12-5-25 about Alaq’s new speech? A: Frank26 explained that Alaq’s December 5, 2025 comments continue a pattern of controlled messaging about Iraq’s monetary reform.
Alaq focused on banking modernization, international compliance, and financial stability — all indicators of ongoing preparation for broader currency adjustments.
❓ Q&A – Frequently Asked Questions
Q1: Did Alaq explicitly announce a rate change?
No. His comments were indirect, focusing on infrastructure, stability, and modernization — but these topics are heavily associated with monetary reform phases.
Q2: Why does Frank26 focus so much on bank modernization?
Because banking modernization is a required platform for any future international exchange activity and currency value adjustment.
Q3: Do these speeches mean something immediate is coming?
Not necessarily immediate — but they reinforce that Iraq is steadily preparing the system.
Q4: Has Iraq ever communicated reforms directly?
Historically, Iraq introduces reforms through phases, using speeches and public statements to condition expectations.
Q5: Is international integration the key indicator to watch?
Yes. When Iraq aligns with global standards, FX channels, and international audits, it signals external readiness.
🔍 Key Takeaways
Alaq’s December 5 speech contained indirect but meaningful clues about Iraq’s financial trajectory.
Frank26 emphasized that the messaging is intentional, controlled, and increasingly detailed.
Iraq’s push for digital banking, compliance, and modernization strongly supports ongoing monetary reform.
No explicit rate announcement — but strong signals of systemic preparation.
“RV Incoming? Major Bond Movements, BIS Rate Alerts & Iraq’s New Economic Era — MarkZ’s Latest Breakdown”
📌 MarkZ Disclaimer
Please consider everything on this call as my opinion. People who take notes do not catch everything and it’s best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions.
🚀 Latest RV Intel Recap — What You Need to Know Now
The energy across the Dinar community is electric. With historic bond chatter, BIS exchange-rate meetings, and Iraq pushing full throttle on economic restructuring, many feel we are entering a decisive window.
⭐ Q: Are we close to the RV according to MarkZ?
A: MarkZ believes there is a strong chance the RV could manifest this month or early next month, based on bond rumors, BIS exchange-rate meetings, and Iraq’s accelerated economic reforms.
🌍 Community Pulse: Signs of Acceleration Everywhere
Member:“Good morning Mark, Mods and all Dinarians from around the galaxy!” Hope is high as many continue praying for the RV before the end of the month.
MarkZ:
“A lot of us are praying for that… I think there is a great chance we see it this month or the beginning of next.”
This aligns with increasing global chatter across economic, political, and banking sectors.
💴 Bond Market Rumors: Asia Funding Window Approaching
MarkZ shared two separate updates on historic bonds, both pointing to potential funding Friday or Saturday in Asia.
“Take this with a trainload of salt,” he emphasized.
Additional meetings are taking place over the next 48 hours, and multiple sources are hearing that bond buyers are expected to be in the U.S. and across the Americas by Tuesday next week.
If accurate, this is significant.
Mark added:
“I was always told that within 3–10 days of bonds going, we would start processing… cross your fingers.”
🏦 BIS Meeting on Global Exchange Rates — Why It Matters
A noteworthy highlight was today’s BIS meeting:
“The BIS has a scheduled meeting at about 4 PM EST to discuss 'EXCHANGE RATES' internationally.”
While this could be routine, the timing is raising eyebrows.
🇮🇶 Iraq’s Economic Push: A New Era Dawning
Three major developments came out of Iraq:
1. Bank Restructuring Underway
“Iraq structures state-owned banks in cooperation with Ernst & Young.” Reforms are not planned — they are being implemented.
2. The Development Road Mega-Project
This initiative aims to expand Iraq’s economic base by connecting the Grand Faw Port with Basra’s international highway network.
3. Sudani Declares a “New Economy”
Sudani called the project “the Gate of Iraq” and the foundation of a new economic era.
Iraq is visibly preparing for international integration.
💬 U.S. Tax Reform Chatter: Mainstream Media Joins the Conversation
MarkZ highlighted major mainstream coverage:
Trump’s Statement on Federal Income Tax
“Trump gives most direct endorsement for abolishing Federal Income Tax.”
Tariffs are increasingly mentioned as replacements.
Fox Business discussions and growing mentions of a consumption-based model are fueling speculation about NESARA-aligned policies.
🔥 Glenn Beck Coverage: The Reset Goes Mainstream
MarkZ says Glenn Beck’s latest show is “pure gold.”
“I swear he has been watching our podcast… he explained everything perfectly.”
His coverage of pending global financial restructuring adds credibility to what the Dinar community has been discussing for years.
🎅 Community Humor & Gratitude
The chat also had some levity:
“I told Santa I wanted a big bank account and a skinny body… and please don’t mix them up like last year!”
And heartfelt appreciation:
“Thank you to all the Mods — we appreciate you!”
🎙 Special Guest: StacieZ Joins the Stream
For deeper insights, Mark recommends listening to the full replay including StacieZ’s segment.
🔍 What is the BIS and why is their rate meeting important?
The Bank for International Settlements (BIS) is the global “central bank for central banks.” When they convene to discuss exchange rates, it may signal upcoming adjustments or policy alignment among multiple nations.
❓ Q&A Section
Q1: What does the latest bond intel suggest?
Bond sources expect potential funding in Asia by Friday or Saturday, with U.S. and Americas meetings early next week. If true, RV processing could follow within 3–10 days.
Q2: Is Iraq in the final stages of monetary reform?
Yes. Iraq is actively restructuring state banks with Ernst & Young and rolling out major infrastructure under the Development Road project.
Q3: Why are people excited about Trump’s statements on taxes?
His endorsement of abolishing federal income tax and shifting toward tariffs fits long-discussed global financial reset models.
Q4: What did Glenn Beck say?
Glenn Beck discussed the global reset, aligning with many concepts the Dinar community has followed for years—now hitting mainstream media.
Q5: Could the RV happen this month?
MarkZ says there is a great chance for this month or early next month based on the alignment of global indicators.
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning Mark, Mods and all Dinarians from around the galaxy!
Member: I am really praying the RV goes before the end of the money
MZ: A lot of us are praying that it does……I think there is a great chance we see it this month or the beginning of next.
MZ: I can tell you what the bond rumors are right now. On the bond side please take this with a truckload…maybe a trainload of salt.
MZ: I got 2 different updates on this one. But they both expect their funding…in Asia….on Friday or Saturday. This is for Historic Bonds.
MZ: I also know a couple more with meetings over the next 2 days. And they are hearing that by Tuesday of next week they (Bond buyers ?) are supposed to come to the U.S. and the Americas . More than one location. I find this very hopeful.
MZ: I was always told that within 3-10 days of bonds going – we would start processing…So, cross your fingers
Member: I saw this morning that BIS will be posting new exchange rates for the week!! just dont know what time that they release them
MZ: The BIS (Bank of International Settlements) has a meeting this afternoon….I believe at 4PM est…..on “EXCJANGE RATES” International and all around the world. They have called a meeting to discuss exchange rates. This could be big or it could be a standard meeting….We do not know. But you can go to their website and check it out.
MZ: “ Iraq structures state owned banks in cooperation with Ernst and Young”They are in the process of restructuring. It is being “Implemented”
MZ: “The Development Road: Expanding their economic base” Another thing they are getting done with their monetary reforms. This will be linking the Great Faw port to the international highway n the Basra provinces.
MZ: “Al-Sudani from Basra: The “Gate of Iraq” is a vision for a new economy. The Development Road and the Grand Port of Faw is the cornerstone” Sudani says “this is a new era”
Member: So many discussing DJT's comment on taxes. It's exciting
MZ: “ Trump gives most direct endorsement for abolishing Federal Income Tax” Every day there is a news story about this. Tariffs are very close to replacing Federal income taxes.
Member: I watched Dagen McDowel on Fox business talks about this….Great interview. They talked about the US possibly moving to a “Consumption Tax” Nesara?
Member: Some congress members and IRS employees don’t bother to pay taxes.
MZ: I want to post the link to Glen Becks show yesterday. I swear he has been watching our podcast..lol
US Embassy in Baghdad Strengthens Coordination With Kurdistan to Counter “Malicious” Threats Targeting Iraq’s Stability
📌 INTRODUCTION
Amid increasing regional tensions and recent attacks against vital energy infrastructure, the United States has reaffirmed its commitment to Iraq’s security and sovereignty. The latest move involves direct coordination between the US Embassy in Baghdad, the Kurdistan Region’s Ministry of Interior, and Peshmerga leadership.
This comes immediately after a serious drone strike on the Kormor gas field—an attack that Iraqi intelligence has now attributed to outlaw groups operating outside state control.
Below is a full breakdown of the events, implications, and what this means for Iraq’s stability moving forward.
⭐ FEATURED SNIPPET
Q: Why did the US Embassy in Baghdad meet with Kurdistan security officials?
A: The US Embassy reported that its Senior Defense Official met with Kurdistan’s Interior and Peshmerga leadership to strengthen coordination against “malicious actors” threatening Iraq’s security and vital infrastructure following the recent drone attack on the Kormor gas field.
📰 MAIN REPORT: US & KURDISTAN INTENSIFY SECURITY COORDINATION
The US Embassy in Baghdad announced a high-level security meeting on Thursday, December 4, 2025. The meeting included:
Colonel Bagley, Senior Defense Official at the US Embassy
Officials from the Kurdistan Region’s Ministry of Interior
Commanders from the Peshmerga Forces
According to the official statement posted on the embassy's X (formerly Twitter) account, the objective of the meeting was:
“To enhance coordination against malicious actors targeting Iraq’s stability and vital infrastructure.”
The embassy underscored:
“The United States remains committed to supporting security efforts and strengthening Iraq’s sovereignty.”
This language signals ongoing US involvement in strengthening the Kurdistan Region’s defensive capabilities, especially at a time when energy assets are under threat.
🔥 CONTEXT: DRONE ATTACK ON KORMOR GAS FIELD
The security meeting came just days after a terrorist attack targeted the Kormor gas field in Sulaymaniyah province.
Key Points from Iraqi Investigators:
The attack occurred at the end of last month.
It was executed by two drones.
Iraqi intelligence attributes the strike to “outlaw groups” operating outside government authority.
The Kormor field is one of the most strategically important energy sites in northern Iraq, making this incident particularly alarming for both domestic and international stakeholders.
🏛 WHY THE COORDINATION MATTERS
1. Protection of Critical Energy Infrastructure
Iraq relies heavily on gas fields like Kormor to supply power plants and maintain national grid stability.
2. Rising Activity by Non-State Actors
The use of drones by “malicious” or outlaw groups increases the threat level, making coordinated defense essential.
3. Strengthening Kurdistan–US Relations
These meetings underscore long-standing military cooperation between the Peshmerga and the United States.
4. Preserving Iraq’s Sovereignty
The Embassy emphasizes sovereignty, indicating support for protecting Iraq from destabilizing forces.
📌 FEATURED SNIPPET SUMMARY
The US Embassy in Baghdad met with Kurdistan Ministry of Interior and Peshmerga leaders to boost joint security coordination following the recent drone attack on the Kormor gas field. The United States reaffirmed its commitment to protecting Iraq’s stability and sovereignty.
❓ Q&A SECTION
Q1: Who led the US delegation during the security meeting?
Colonel Bagley, the Senior Defense Official at the US Embassy in Baghdad.
Q2: What triggered the meeting?
The drone attack on the Kormor gas field carried out by outlaw groups.
Q3: What did the US emphasize in its statement?
Its ongoing commitment to supporting Iraq’s security forces and protecting the country’s sovereignty.
Q4: Which Kurdish institutions were represented?
The Kurdistan Region’s
Ministry of Interior and Peshmerga forces.
Q5: Why is the Kormor gas field important?
It is a key source of natural gas for power plants, making it critical to Iraq’s energy infrastructure.
THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY.
The US Embassy in Baghdad announced a meeting between the embassy’s senior defense official and officials from the Kurdistan Region’s Ministry of Interior and the Peshmerga, to coordinate against “malicious” entities targeting Iraq’s stability and infrastructure.
This comes after the Kormor gas field in Sulaymaniyah province was subjected to a “terrorist” attack at the end of last month, and security investigations led by the Iraqi authorities yesterday revealed that it was carried out by two drones by “outlaw” groups.
The US Embassy in Baghdad stated in a short blog post on its official X platform on Thursday, December 4, 2025, that “Senior Defense Official, Colonel Bagley, met with senior officials in the Ministry of Interior and the Peshmerga forces in the Kurdistan Regional Government of Iraq to enhance coordination against malicious actors targeting Iraq’s stability and vital infrastructure,” stressing that “the United States remains committed to supporting security efforts and strengthening Iraq’s sovereignty.”
💥 💥 From Zeros to Value: How Iraq’s Currency Reform Could Transform the IQD 💥
⭐ Introduction
The term “Zero Game” is buzzing among Iraqi dinar enthusiasts, investors, and financial observers. But what exactly does it mean, and why could it potentially impact the value of your IQD holdings?
MAJEED breaks it down: the Zero Game revolves around Iraq’s redenomination plan, where large-denomination notes may be replaced by lower ones—effectively “removing zeros.” This process could influence currency perception, trading, and confidence.
The Zero Game refers to the redenomination strategy designed to:
Simplify cash transactions
Replace high-denomination notes with lower ones
Increase public confidence in the Iraqi dinar
Modernize Iraq’s financial system
Essentially, removing zeros doesn’t automatically increase the official exchange rate, but it can make the currency appear stronger and more stable in daily transactions.
💱 2. How Could This Affect Your Iraqi Dinar?
While removing zeros does not guarantee a dramatic spike in USD value, it can:
✔ Improve usability
Smaller notes make everyday transactions easier for citizens and businesses.
✔ Increase market confidence
A redenomination signals modernization, which may attract local and international investors.
✔ Lay groundwork for a future rate adjustment
Redenomination may be a precursor to eventual revaluation, depending on Iraq’s economic and political stability.
🔐 3. Timing and Current Updates
MAJEED emphasizes:
The Central Bank of Iraq (CBI) is preparing detailed plans.
Internal tests and preliminary instructions have been reported.
No official date guarantees when the Zero Game will fully roll out, but recent reports suggest December timelines are being targeted.
Investors should note: the process is complex and subject to delays due to political and international factors.
📊 4. What You Should Know Before Speculating
Many online discussions exaggerate potential IQD gains. Remember:
Redenomination ≠ instant USD value increase
The Iraqi government and CBI control the timeline
International compliance (IMF, US Treasury) may influence outcomes
Focus on official updates rather than rumors.
📰 5. Why the Zero Game Matters
Even if the official exchange rate doesn’t jump immediately, the Zero Game:
Signals Iraq’s commitment to modernize its economy
Reduces reliance on large-denomination notes
Strengthens public trust in the financial system
Supports the transition to a
future digital currency (CBDC)
Long-term, these reforms create a foundation for a more stable, potentially stronger dinar.
💹 Central Bank of Iraq: Major Banking Reforms & Dollar Flow Restoration 🇮🇶
⭐ Introduction
The Central Bank of Iraq (CBI) reassured the public on December 2, 2025, regarding ongoing banking reforms. The reforms aim to rebuild Iraq’s banking sector, restore banks deprived of dollar dealings, and strengthen the foundation for economic stability.
During a session with experts and financial specialists, CBI Governor Ali Mohsen Al-Alaq emphasized that these reforms are a critical pillar of Iraq’s financial modernization plan.
📌 Key Highlights of the CBI Announcement
Comprehensive Banking Reforms
The CBI signed contracts with Oliver Wyman to implement reforms ensuring Iraqi banks meet international standards.
Banks previously restricted in dealing with dollars will gradually regain full operational capacity.
International bodies are directly monitoring progress.
Digital Dinar Implementation
The Digital Dinar project is ongoing.
Requires time, integrated infrastructure, and digital systems before launch.
Price Stability Commitment
CBI emphasizes exchange rate stability and low inflation.
Warning: lowering the dinar’s value could harm low-income citizens and reduce confidence in IQD.
Structural Reforms & Economic Diversification
Exchange rate adjustments will not be used to cover structural deficits.
Focus on maximizing revenues, controlling expenditures, and diversifying the economy.
📈 Why This Matters
Banks deprived of dollar dealings will gradually return to normal operations.
Strengthened financial infrastructure improves public trust and investor confidence.
The Digital Dinar rollout is supported by a more stable banking system.
Structural reforms aim for a resilient Iraqi economy less dependent on oil revenues.
🔍“The Central Bank of Iraq announces comprehensive banking reforms, ensures the gradual return of banks dealing in dollars, and continues implementing the Digital Dinar project for long-term financial stability.
”
💡 Q&A: Central Bank Reforms & Digital Dinar
Q1: Which banks will regain access to dollars first?
A: Compliant banks that adhere to international standards and CBI guidelines will gradually be allowed to resume dollar operations.
Q2: Will the Digital Dinar replace physical IQD notes immediately?
A: No. The Digital Dinar requires a phased rollout, integrated infrastructure, and time to ensure stability.
Q3: How will reforms affect inflation?
A: CBI aims to maintain low inflation and prevent currency devaluation that could hurt low-income citizens.
Q4: Are international organizations involved?
A: Yes. International bodies are directly monitoring reforms to ensure compliance with global banking standards.
Q5: What does this mean for Iraq’s economy?
A: Strengthened banking systems, stable currency, and structural reforms will enhance economic resilience and investor confidence.
📊 Keywords
central bank iraq 2025, iraqi dinar reforms, digital dinar implementation, IQD banking update, dollar restoration iraq, Iraq economy 2025, CBI banking news, Iraqi currency update, IQD news 2025, iraqi banking modernization
THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS.
The Central Bank of Iraq reassured the public on Tuesday (December 2, 2025) regarding the ongoing banking reforms, stressing that rebuilding the banking sector is the main pillar of its work at the present stage, during a session attended by a number of experts and specialists.
The bank said in its statement, received by “Baghdad Today”, that its governor, Ali Mohsen Al-Alaq, presented an extensive proposal for the reform plan, explaining that the contract with Oliver Wyman came after the restrictions imposed on a number of banks dealing in dollars, with the aim of implementing comprehensive reforms that ensure their compliance with international standards, noting that there are assurances that those banks will return to their normal environment after the completion of the reform stages.
The statement added that all Iraqi banks have signed the reform document, indicating that compliant banks will be granted the ability to deal in other currencies in gradual steps, while confirming that international bodies are directly monitoring the progress of work on this file.
He added that the digital dinar project is still under implementation and requires time and integrated infrastructure before it can be officially launched.
The bank noted that Al-Alaq reiterated the commitment to maintaining overall price stability by fixing the exchange rate and keeping inflation at low levels, warning that reducing the dinar’s exchange rate would have negative repercussions on low-income groups and weaken confidence in the national currency.
The statement concluded by stressing the need to avoid using the exchange rate as a tool to address the structural deficit, emphasizing the need for structural reforms to maximize revenues, control expenditures, and diversify the economy, while supporting the government’s directions in this area.
