ARTICLE AD BOX
💥 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.
English (US) ·