10-12-2026 Newshound Guru Jeff If they do approve the budget with the dinar at 1500, because the budget is pegged to the currency value, …the rate is not changing because a budget will lock the currency value in position for 1 year. That’s because it’s an annual budget. The next window of opportunity for a rate change would be mid-year semi-annual budget mid next year June/July. My gut is telling me that budget is not going to parliament… to be approved on 10/15.
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10-12-2026 Newshound Guru Thom Article: “In compliance with the directives of the Central Bank of Iraq, we announce the suspension of the publication of US dollar exchange rates in the parallel market effective immediately, until the issuance of new official directives in this regard.” A necessary step to ending the parallel market in my opinion.
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10-12-2026 Newshound Guru Militia Man The official rate moved up [to 1510]. The street price jumped at first…The gap between the official rate and the street rate actually got smaller. It was more than twenty percent before. It is now closer to ten or twelve percent…The real test is the next few days and weeks…If real importers and traders can get dollars through the banks at the new official price without trouble, the street market loses its old edge…If too many stay outside the banks, the gap stays open…The change was deliberate. It squeezed the old street game and pushed more of the flow toward the formal side.
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10-12-2026 Intel Guru Frank26 The goal is to make the American dollar unusable inside of Iraq. They want to remove any foreign currency. They will de-peg from the American dollar to get rid of the parallel market. That’s what you’re witnessing…a reinstatement of their currency and of their rate. All of this is occurring inside of Iraq…For now, 1500 is stabilizing this process and the market place…After they do this internal de-pegging, then the next step is to re-peg into an international basket of currencies and throw themselves on Forex. Then you and I go to the bank…It’s a process in process…
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10-12-2026 Intel Guru Reset Intelligence Iraqi-press channels report that new banknotes come next in Iraq, with the zeros off, and that Baghdad is keeping the start date secret so that illicit cash cannot move first. That is step 2 of the sequence that began with the cut to 1,500 on October 7.
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10-12-2026 Newshound Guru Clare Announcement: “Important announcement: In compliance with the directives of the Central Bank of Iraq, we announce the suspension of publishing the dollar exchange rates in the parallel market, effective immediately, until new official directives are issued in this regard.”
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10-12-2026 Newshound Guru Jeff What is their goal? To get [the difference between the market rate and official rate of the dinar] down around 2% to 5%… 2% would be around 1550. A 5% gap would be just shy of 1596. It’s currency at a gap of 7.5% to 8%. They’re moving very quickly towards hitting their target of being within 2% to 5% gap…They could easily hit that 2% to 5% gap sometime next week. They’re not far from it now… Closing the spread between the official exchange rate and the parallel market rate is fundamental prerequisite [for a rate change]…the IMF along with the central bank…
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10-12-2026 Newshound Guru Ariel Chairman Awad let slip the operation: “Banking sector reform has become a necessity… private banks have presented a set of reforms.” What does this mean? The CBI is purging the system of dollar-dependent, politically-captured banks before the switch flips. Why? You cannot redenominate a currency when certain banks are still laundering dollars for Iranian militias and sanctioned entities. The new IQD, post-RV, will likely be digitally traceable and asset – backed… corruption must be bulldozed first. We are cutting the dollar fuel line to the Quds Force and their proxies before the new rate goes live, so they cannot convert their pre-RV hoards into the revalued currency. The Council of Ministers adjusts the budget before it reaches Parliament. Parliament only votes. The budget must be submitted by October 15th!!
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10-12-2026 Intel Guru Wolverine Things are really starting. IMO I think that any time we could get Tier 4B notifications…In the overall aspect of things, I think we will have a beautiful October.
