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š Mnt Goat Disclaimer
This article reflectsĀ Mnt Goatās personal analysis and opinionĀ based on publicly available Iraqi news and economic data.
It isĀ not financial advice.
Always consult licensed financial professionals before making financial decisions.
š Historic Shift: CBI Fixes the Exchange Rate in the 2026 Budget
For theĀ first timeĀ since many of us entered this investment, theĀ Central Bank of Iraq (CBI)Ā has officiallyĀ fixed the national budget to a specific exchange rate.
Why Is This So Important?
Traditionally:
Iraqās Finance Committee tied the budget to:
Oil prices
Conservative market assumptions
Exchange rates wereĀ not locked in
Now:
TheĀ 2026 budget is fixed to an exchange rate
This signalsĀ confidence, planning, and stability
šĀ This is extremely good news.
š° Letās Separate FACTS From Panic
As predicted by the CBI, onceĀ ASYCUDAĀ (the automated customs system) became fully implemented,Ā temporary dollar demand would rise.
And guess what?
š That is exactly what happened.
Dollar rates briefly climbed to aroundĀ 145,000 IQD per $100
Panic voices screamed:
ā150,000 is next!ā
āDevaluation is coming!ā
š«Ā This is speculation, not reality.
āļø ASYCUDA Was Designed to Do This
The CBI warned well in advance that ASYCUDA would cause:
Temporary dollar demand increases
Trader behavior adjustments
Emotional market reactions
This isĀ not a policy failureĀ ā itās aĀ mechanical transition.
š DĆ©jĆ Vu: The First ASYCUDA Wave
History matters.
During theĀ first ASYCUDA rollout:
Economists panicked
Markets reacted emotionally
Devaluation rumors spread
What Actually Happened?
The dinarĀ rebounded
It stabilized nearĀ 1305
Below the officialĀ 1320 rate
It effectivelyĀ revalued internally
š History has a habit of repeating itself.
šµ Why Is the Dollar Rising Right Now? FACTS ONLY
According to the articleĀ āIdentifying the Main Reason for the Rise of the Dollar in Iraqā, former CBI directorĀ Mahmoud DagherĀ confirmed:
āCustoms duties are behind the rise of the dollar in local markets.ā
Simple Explanation:
Traders must now:
File customs declarations via ASYCUDA
Use banks for transfers
During the transition:
Some turn to the market for dollars
ā”ļøĀ This is procedural ā not a currency collapse.
šļø Prime Ministerās Advisor Confirms Stability
InĀ āSalehās Appearance: The Fluctuations in the Parallel Market Are Temporaryā, PM economic advisorĀ Mazhar Muhammad SalehĀ stated clearly:
Oil prices areĀ notĀ the cause
Fixed exchange rate policyĀ remains intact
Iraqās foreign reserves exceedĀ $100 billion
š”ļø He called this a:
āStrong stability umbrella for foreign currency.ā
Bottom Line:
No threat to living standards
No justification for devaluation
š° ASYCUDA = Revenue, Revenue, Revenue
ASYCUDA is aboutĀ discipline.
Just like:
U.S. customs enforcement under Trump increased revenues
ASYCUDA enforces:
Customs duties
Tariffs
Transparency
Results:
Higher government revenue
Less smuggling
Stronger fiscal position
More sustainable currency
šĀ This is how strong currencies are built.
š¢ļø Oil & Gas Law Pressure Returns ā Right on Time
In the articleĀ āAtrushi: The Oil and Gas Law Must Be Passed as Soon as Possibleā, Deputy SpeakerĀ Farhad AtrushiĀ confirmed:
The law is essential to financial stability
Federalism cannot function without it
š We already know:
This law isĀ one of the five U.S. mandates
Its reappearance now isĀ not coincidence.
š WTO Accession ā Signals, Not Delays
Articles like:
āIraqās Accession to the World Trade Organization: The United Nations Confirms Tangible Progressā
Raise an obvious question:
Iraq has passed the laws
Met technical requirements
Completed regulatory stages
So why wait?
The Logical Answer:
The WTO wants:
AĀ sustainable currency
AĀ realistic exchange rate
A dinar backed byĀ full national assets
š Why accept IraqĀ before reinstatement?
Exactly.
š§Ø Political Resistance: Same Old Playbook
We now see renewed political pressure in:
āParliament Will Host Officials from the Central Bank and the Integrity Commission Next Weekā
Whatās really happening?
Attempts to removeĀ Ali al-Alaq
Political attacks on the CBI
Distraction from real progress
This mirrors:
Iranian proxy influence
Stagnation tactics
Fear of reform momentum
š§ The RV Roadmap Already Exists
Everything is already laid out:
šĀ The White Paper
Those resisting reform:
Prefer chaos over structure
Fear momentum
Fear change
Because momentum leads toĀ reinstatement.
ā Featured SnippetsĀ
š¹ Is the Iraqi dinar being devalued?
No. Current fluctuations are temporary and expected during ASYCUDA implementation.
š¹ Why is ASYCUDA important?
It increases revenue, enforces customs law, and strengthens long-term currency stability.
š¹ Why is the WTO waiting?
Likely for a sustainable post-reinstatement exchange rate.
ā Q&A ā Clearing the Confusion
Q: Is this dollar spike permanent?
A: No. It is mechanical and temporary.
Q: Is ASYCUDA bad for Iraq?
A: No. It strengthens revenue and reduces smuggling.
Q: Is the RV in danger?
A: No. Structural reforms support it.
Q: Who opposes the RV?
A: Political actors aligned with stagnation and foreign influence.
š Official Links & Community Resources
šĀ Main Blog:
šĀ https://dinarevaluation.blogspot.com/
š¢Ā Telegram Channel:
šĀ https://t.me/DINAREVALUATION
šĀ Facebook:
šĀ https://www.facebook.com/profile.php?id=100064023274131
š¦Ā Twitter / X:
šĀ https://x.com/DinaresGurus
šŗĀ YouTube Channel:
šĀ https://www.youtube.com/@DINARREVALUATION
š Viral Hashtags (SEO + Social)
#MntGoat #IraqiDinar #CBI
#ASYCUDA #DinarRV #IraqEconomy
#WTO #OilAndGasLaw #CurrencyStability
#IQD #FinancialReform
š Final Thoughts: Panic Is Not Policy
Speculation makes noise.
Facts make history.
ASYCUDA, fiscal discipline, WTO signaling, and revenue enforcement areĀ steps forward, not backward.
The RV does not fail because of temporary fluctuations.
šĀ It succeeds because of structure.Ā
Mnt GoatĀ Ā
Ā Article:Ā "AN ECONOMIC ASSESSMENT OF THE CENTRAL BANKāS DECISION TOĀ FIX THE DOLLARĀ
EXCHANGE RATE IN THE 2026 BUDGET"Ā Ā So for the first time I have been in this investment the CBI has told us they fixed the budgetĀ to an exchange rate. It has been normal practice for the Finance Committee to fix the budget to the market price of oil or a littleĀ less for market variations in future.Ā Why is this very good news for us today?Ā Let me explain.What Else Is in the News? Letās Separate Facts From Panic
Here we goĀ again.
Just as theĀ Central Bank of Iraq (CBI)Ā clearly predicted, once theĀ ASYCUDA systemĀ becomes fully implemented, aĀ temporary spike in dollar demandĀ would occur. And what happened?
Exactly that.
Over the past few days, the dollar has gradually risen in local markets, reaching approximatelyĀ 145,000 dinars per $100, with some panicking voices claiming it could reachĀ 150,000
Let me be clear:
šĀ This is speculationānot reality.
The real question is:
Why do some refuse to listen to FACTS?
ASYCUDA Was Designed to Do Exactly This
The news today reflectsĀ panic, not policy failure.
ASYCUDAās rollout wasĀ never meant to be painlessĀ in the short term. The CBI warned well in advance that:
Dollar demand would temporarily increase
Traders would adjust behavior
Markets would react emotionally
And yet, when it happens, economists immediately cry:
āThe dinar must be devalued!ā
Oh boy⦠here we go again.
Déjà Vu: What Happened During the First ASYCUDA Wave?
Letās rewind.
When theĀ first wave of ASYCUDAĀ was implemented:
Economists rang alarm bells
Markets panicked
Speculators screamed devaluation
What Actually Happened?
The dinarĀ bounced back
It stabilized aroundĀ 1305, below the āofficialā 1320 rate
It effectivelyĀ revalued itself within the program rate
No, it was not on FOREX yetābut it was aĀ very positive sign.
And history has a habit of repeating itself.
Why Is the Dollar Rising Right Now? FACTS Only
The article titledĀ āIDENTIFYING THE MAIN REASON FOR THE RISE OF THE DOLLAR IN IRAQāĀ explains it perfectly.
Former CBI director and financial expertĀ Mahmoud DagherĀ confirmed:
āCustoms duties are behind the rise of the dollar in local markets.ā
Key Point Explained Simply
Traders must now submitĀ customs declarations via ASYCUDA
Bank transfers require these declarations
Traders temporarily turn to the market to obtain dollars
This isĀ mechanical, not monetary collapse.
Prime Ministerās Advisor Confirms: This Is Temporary
In the articleĀ āSALEHāS APPEARANCE: THE FLUCTUATIONS IN THE PARALLEL MARKET ARE TEMPORARYā, Prime Ministerās economic advisorĀ Mazhar Muhammad SalehĀ makes it crystal clear:
Oil prices areĀ notĀ the cause
IraqāsĀ fixed exchange rate policyĀ remains intact
Foreign reserves exceedĀ $100 billion
These reserves provide what Saleh calls a:
āStrong stability umbrella for foreign currency.ā
In short:
šĀ No threat to living standards
šĀ No justification for devaluation
ASYCUDA = Revenue, Revenue, Revenue
Does customs and tariff revenue sound familiar?
It should.
Just look at howĀ customs enforcement under the Trump administrationĀ dramatically increased U.S. revenues. ASYCUDA is Iraqās version of that discipline.
More enforcement means:
Higher revenues
Less smuggling
Stronger fiscal position
Greater currency sustainability
This is how a countryĀ earnsĀ a stronger currency.
Pressure Mounts to Pass the Oil and Gas Law
Next in the news is renewed pressure to pass theĀ Oil and Gas Law.
In the articleĀ āATRUSHI: THE OIL AND GAS LAW MUST BE PASSED AS SOON AS POSSIBLEā, Deputy SpeakerĀ Farhad AtrushiĀ states clearly:
The law is essential to solving financial problems
Federalism cannot function without it
We already know:
š This law isĀ one of the five U.S. mandates
And once again, here it isāright on schedule.
WTO Accession: Progress or Reminder?
Articles discussing WTO accession continue to surface, including:
āIRAQāS ACCESSION TO THE WORLD TRADE ORGANIZATION: THE UNITED NATIONS CONFIRMS TANGIBLE PROGRESS.ā
Hereās what puzzles many:
Iraq already met the requirements
Necessary laws were passed
Technical and regulatory stages were completed months ago
So why the delay?
The Logical Answer
The WTO wants:
AĀ sustainable currency
AĀ realistic exchange rate
A dinar backed by Iraqās full asset portfolio
Why would the WTO accept IraqĀ beforeĀ reinstatement?
Exactly.
These articles areĀ signals, not updates.
Political Resistance: Iranian Proxy Influence Still at Work
Finally, we see more evidence thatĀ Iranian proxy politiciansĀ do not want the RV.
In the articleĀ āPARLIAMENT WILL HOST OFFICIALS FROM THE CENTRAL BANK AND THE INTEGRITY COMMISSION NEXT WEEKā, oversight is once again being used as aĀ political weapon.
Whatās Really Happening
Another attempt to removeĀ Ali al-Alaq
Attacks on CBI leadership
Focus on minor issues instead of major progress
Sound familiar?
It mirrors how political obstruction works everywhere.
Do They Even Understand the RV Plan?
The entire roadmap is already laid out.
šĀ Itās in the White Paper.
Yet these actors:
Want stagnation, not reform
Prefer chaos over progress
Bash success for political gain
They fear momentumābecause momentum leads toĀ change.
Q&A ā Clearing the Confusion
Q: Is the dinar being devalued?
A: No. The current fluctuation is temporary and expected.
Q: Is ASYCUDA bad for Iraq?
A: No. It increases revenue and long-term stability.
Q: Why the WTO delay?
A: Likely waiting for a sustainable post-reinstatement rate.
Q: Who is trying to stop the RV?
A: Political actors aligned with stagnation and foreign influence.
Final Thoughts: Panic Is Not Policy
Speculation makes noise.
Facts make history.
ASYCUDA, fiscal discipline, WTO signaling, and revenue enforcement are allĀ steps forward, not backward.
The RV does not fail because of temporary fluctuations.
It succeeds because ofĀ long-term structure.






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