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GP Q
@argosaki
CBI CHANGE WATCH — MEANINGFUL UPDATE
September 19, 2026
WHAT CHANGED
The Central Bank of Iraq issued a new statement specifically addressing foreign-exchange reserves and rising market exchange rates.
The statement was published September 19, 2026.
WHAT THE CBI ACTUALLY SAID
The CBI stated that it has sufficient foreign-exchange reserves to meet:
Foreign-trade financing requests
Settlement of bank-card transactions
Travelers’ requests for cash U.S. dollars
At the official exchange rate
The CBI attributed the rise in the market exchange rate to market speculation, expectations, and misuse of geopolitical circumstances. It said it will continue financing foreign trade through approved purposes and channels.
BIGGEST FLAGS
This is NOT an announced dinar revaluation.
It is also not an announcement of a new official exchange rate, redenomination, currency deletion, or new banknote series.
The important point is that the CBI is publicly addressing a market-rate divergence/pressure while reaffirming the existing official exchange-rate framework.
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The CBI has also previously rejected a circulated document claiming Iraq intended to change the exchange rate to 1,600 IQD/USD, calling that document forged.
WHY IT MATTERS TO CURRENCY HOLDERS:
This is meaningful because the CBI is directly saying that official foreign-exchange availability remains adequate, even while acknowledging higher rates in local markets.
For dinar holders, the distinction is critical:
CONFIRMED: CBI says reserves are sufficient and official-dollar demand is being met under its established framework.
POSSIBLE: Continued market pressure could lead to further regulatory or policy responses.
NOT PROVEN: No CBI announcement of an RV, redenomination, deletion of zeros, new exchange rate, or currency reset.
OFFICIAL PROOF
CBI — September 19, 2026 Foreign-Reserve Statement
https://cbi.iq/news/view/3330?utm_source=chatgpt.com
CBI — June 17, 2026 Exchange-Rate Hoax Statement
https://cbi.iq/news/view/3225?utm_source=chatgpt.com
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Source(s):
• https://x.com/argosaki/status/2101519785423188341
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