MNT GOAT: 💥 Iraq Dinar & WTO News: What You NEED to Know! 💥

1 month ago 5

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💥 Iraq Dinar & WTO News: What You NEED to Know! 💥

🔹 No Change in Dinar Exchange Rate

Recent rumors suggested the dinar might suddenly jump in value or be devalued. ✅ False!
The Central Bank of Iraq (CBI) confirmed: the official rate remains 1320 IQD/USD and the “removing zeros” plan will not affect purchasing power.
Reports of a future rate increase over $1 are just rumors.

🔹 CBI Denies Devaluation Rumors

Central Bank officially stated that claims of the dinar dropping to 4000 IQD/USD are untrue.
Media and citizens are urged to rely on official sources only.

🔹 Iraq Moves Toward WTO Membership 🌍

The Ministry of Trade highlights joining the WTO as a strategic step for global economic integration.
Economic reforms include:
- Strengthened trade policy
- Improved business environment
- Better conditions for foreign investment

🔹 Key Legal Reforms

Commercial Agency Law Amendment: Aims to boost competitiveness, attract global companies, and improve market fairness.
These legal steps are crucial for full WTO accession.
Other pending reforms include the Oil & Gas Law, but parliament is currently disbanded due to elections.

🔹 What This Means for the Dinar 💸

Removing zeros and re-pegging the dinar hints at potential historic reforms and long-term strengthening.
While no official RV (revaluation) date is given, the groundwork is being laid for future growth and stability.

🙏 Let’s continue to keep Iraq and its people in our thoughts, hoping for abundance and prosperity.

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What else is in the news….

So, the rumors began from our recent news about removing the zeros. In today’s news we have two articles to clarify the CBI stance on the issue of a change in the rate of the dinar. I believe they are mainly talking about an “official” change in the rate change or not to bring about the project to remove the zeros. Remember that the CBI told us there would be NO CHANGE in the purchasing power of the dinar as result of this process of removing the zeros. As investors I tried desperately to explain what these statements meant and so today I want to clarify these two articles that just came out:

The first article is titled “A SOURCE CLARIFIES: THERE WILL BE NO CHANGE TO THE EXCHANGE RATE, AND THE CENTRAL BANK CONTINUES TO DEFEND IT”. It is from November 11, 2025. “A source clarifies – There will be no change to the exchange rate and the Central Bank continues to defend it. Some media outlets reported on a study suggesting a government plan to adjust the exchange rate in the future. However, it turned out that this plan, which was published in studies, did not originate from the central bank and dates back more than ten years.” This statement also confirms what the CBI told us that they do not plan to change the rate of the dinar one more time prior to removing the zeros. I know many of the so-called intel gurus keep telling you its going to be over a dollar when they conduct the project. This appears to be just rumors.

In the second article titled “THE CENTRAL BANK DENIES RUMORS OF A DINAR DEVALUATION.” The Central Bank also denied on Tuesday (November 11, 2025) rumors of the dinar’s decline, “stressing that they were untrue and were not issued by any official body.” The bank’s media office stated in a statement that read “the Central Bank of Iraq denied the news circulating about the expected decrease in the value of the dinar to 4,000 dinars against the dollar, stressing that this information is incorrect and was not issued by any official body within the bank.” This of course was fantastic news.

The bank called on the media and citizens to rely only on official sources and to avoid being drawn into rumors aimed at creating financial panic in the market. Just so everyone knows the “official” rate of the Iraqi dinar is still 1320 not 1310 or any other rate you may have heard.

Let’s Talk WTO….

First, I want to remind everyone that my CBI contact just reminded me again on my call to Iraq over this past weekend of what she had said to me about the WTO. She said the information about the full accession process would be coming out just before the initiation of removing the zeros from the older notes and issuing the lower denominations. So, what did we just witness in the news? We just had a couple articles from the Iraqi news media on this subject matter. Is this the news she was talking about?

😊 Next, let’s take a peek at these articles. The first one is titled “STRENGTHENING IRAQ’S STEPS TOWARDS JOINING THE WORLD TRADE ORGANIZATION”

The official spokesman for the Ministry, Mohammed Hanoun, stated in a statement to “Al-Sabah” that joining the World Trade Organization, which Iraq had submitted a request to through the Ministry, represents a strategic step towards full integration into the global economy and reflects the country’s commitment to reforming the economic and trade system in accordance with international standards.”

Here’s the best part of this article and I quote – “He noted that joining the organization obliges the government to implement an economic reform program, in addition to strengthening trade policy and improving the business environment, as well as creating favorable conditions for foreign investment”. What foreign investment? Do you really believe the dinar could even stay at 1320 for very much longer? They know it and we know it that the pressure is on the CBI to do something about it and do it soon.

NO! I did not say that there is a formal WTO requirement to have a tradable currency on FOREX. I did however say countries do need a currency and Iraq has one. So this argument of the reinstatement does not hold up. However, let’s get real here. Why would we be reading about removing the zeros, going to re-peg to a basket of currencies and all the new economic reforms for Iraq, if they were not going to do something drastic to bring back the dinar and bring it back to its glory days?

Remember what they told us in a recent article titled “THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM”. Yes, the CBI wants a rate from the past and that is why they call it “historic reform” get it? So what was the rate from the past they are aiming at. Well…they even told us in the article. Go read it again. As they have not had this coming of a sizable rate in the last thirty plus years. They are even aiming higher than $3.22 post 1991.

😊The second article about joining the WTO is titled “GOVERNMENT ADVISOR: AMENDING THE COMMERCIAL AGENCY LAW SUPPORTS IRAQ’S REQUIREMENTS FOR JOINING THE WORLD TRADE ORGANIZATION”. In the article we learn that the Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that “the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the World Trade Organization.” But why is this so important to the WTO?

I believe this is VERY IMPORTANT for two reasons. First this news is coming from Saleh and when he talks, I listen. Second, the WTO itself told us just about a year ago that they needed this amendment and that this was the last issue that was needed to drive to full accession for Iraq. WOW! WOW! WOW! So here it is…. Do you think that maybe the WTO gave Iraq the provisions to put into this amendment like they want all countries joining the WTO to adhere to certain criteria and have the laws in place. The WTO wants all members to be successful.

Saleh told the Iraqi News Agency (INA): “The first amendment to the existing Commercial Agency Regulation Law represents an important legislative reform that enhances competitiveness, improves the quality of goods and services, and supports investment and integration into the global economy,” noting that “the amendment also contributes to building a more disciplined and equitable market, which will directly impact economic growth and consumer protection in Iraq.”

He added that “this amendment comes to address the gaps that appeared during the application of the law since 2017, whose main goal was and still is to promote and regulate commercial activity and improve the business environment in Iraq.”

I could go on and on repeating what is in the today’s article but I will sum it up in this statement and I quote from it – Saleh “he stated that “the amendment comes to support the state’s direction towards improving the investment environment and attracting global companies directly to the national market.”

Now tell me why would the WTO not want a tradable currency on the currency exchanges for Iraq prior to full accession or close to it’s timeframe?

If there was any negativity in this news about today it is about the fact that we just referenced two laws that will need to be passed in parliament, the Oil and Gas Law and first amendment to the existing Commercial Agency Regulation Law. Oh… but parliament is now disbanded due to the election cycle. Who will be the new representatives in parliament and who will be the new speaker? When will the next session begin? Yes, we are inching closer and closer to January.

In bringing you my commentary today on the RV Status section of the Newsletter, I always must make choices as to what to print. I try to keep the commentary to a minimum. I try to summarize as much as possible. I know you might find this hard to believe…lol..lol..lol.. 😊 I really do not want to ramble on and on. Already this Newsletter is too long… lol..lol..lol.. I try to quote from VERY important statements made in the news and then try to help my readers understand what was said and why. This is their words not mine. I only bring the news, not make it up. Get it?

How does it all lead us to the RV? Having said all this, I still encourage everyone to go read the full content of the articles for yourself and try to absorb it but concentrate on the important ones and important parts of them. I try to highlight them somehow. I know it’s a lot of information but if you study it, one Newsletter at a time, it won’t be so bad. If you do you won’t be asking me when the RV will happen, as you will see it just as I see it.

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not? Will the reinstatement follow? Will you be rich?