1-1-2026 Newshound Guru Jeff I strongly feel the formation of the government or the timing of it does not impact, has nothing to do with, no relevance to the timing of the rate change. The central bank is autonomous. They can change the rate at any point in time they want.
1-1-2026 Intel Guru Frank26 The float like this <snap>. The float and the REER like, boom!
1-1-2026 Newshound Guru Paulette Community Comment: “let’s hope Iraq doesn’t do what the other countries have done [removing zeros from the currency] for what should be the obvious reason” Note that most…were an attempt to curb inflation or hyperinflation just as Syria is doing starting [January 1, 2026]…. Iraq has one of the lowest inflation rates in the world, nixing that as justification to enact the “Delete the Zeros” program. Note also that the noted countries voided one currency for another. Iraq has said both currencies [Large notes and lower notes] will coexist up to two years in the marketplace and up to ten years between banks…I am still expectant that Iraq will not do as Turkey, Turkmenistan, Syria, etc, Although possible.
1-1-2026 Newshound Guru Clare Article: “Customs: New customs tariff to be implemented starting next Thursday” Quote: “The General Authority of Customs announced on Tuesday the implementation of a new 15% customs tariff, effective January 1, 2026. The Authority clarified that the tariff increase does not apply to essential goods that directly impact citizens’ lives. Director General Thamer Qasim Dawood stated, Starting January 1, 2026, the new customs tariff will be implemented by imposing a 15% customs duty on luxury goods, in addition to the mandatory application of Iraqi specifications for imported vehicles.”
1-1-2026 Newshound Guru Jeff A lot of people think they’re taking zeros off the [exchange rate by] moving the decimal 3 points. That’s not happening. They’re not doing that. That’s not how the exchange rate gets changed…This is not my opinion. They told you in print. We can use Syria and Iran as examples right now. Yes, the same thing will happen with Iraq…Back in October or November…Iraq clearly stated they were taking zeros off the currency. That’s not my opinion. That’s fact…There’s no zero or decimal point changes on the exchange rate…This is a reinstatement. They’re not moving decimal points…on what is today’s exchange rate.
1-1-2026 Intel Guru Frank26 Preparation is being made for a new exchange rate. When is it coming? God only knows. But it’s in the works because as of today 1310 does not exist anymore. Now, that’s what they said to everyone. They have the articles to prove it.
1-1-2026 Intel/Newshound Guru MarkZ [via PDK] Article: “Government formation and 2026 budget top priorities for Parliament” It seems to be a mad dash for the budget, HCL and PMF. All of these – we have been told- were key pieces for the change of value for the dinar. They expect to do these within days.
1-1-2026 Intel Guru Bruce …we are likely in play for notifications on Friday… We’ve been told by some people in Wells Fargo that looking for a weekend kickoff this weekend, includes Friday and Saturday…Everything could start after the first – I don’t know that we would get notified on New Year’s Day…I think we’re looking to a really, beautiful start for the new year…
