Why You Should Be Excited About This: Eighty-five billion in foreign currency reserves is the war chest that makes a revaluation defensible instead of speculative when the CBI moves the rate, those reserves are the guarantee that the new value holds against any market pressure or speculative attack. Based on the full stack the $85B reserves (28th globally, 3rd in the Arab world per IMF data through mid-2025/Q2 2026), forward oil contracts, gold positioning, non-oil revenue projections, and the measured appreciation posture Washington expects the defensible rate Iraq can post on the Forex this year is 3.85 dinars per dollar. :Ariel
