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GP Q
@argosaki
ARE WE THERE YET
IQD & RV
Still on the road.
Not at the destination.
24 September 2026
Iraq
Baghdad is:
pushing a rebuild of how the state spends money:
tighter financial policy,
more automation,
and
a program-and-performance model for the 2027 budget.
That is plumbing, not a rate change.
IQD
The Central Bank says reserves are still enough to cover legitimate dollar demand at the official rate.
What it has not done:
announce a revaluation or a new official exchange rate.
Rails
SWIFT says more than 98% of payment instructions now run on ISO 20022.
The message standard is live.
That is not the same thing as a dinar reset.
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Scoreboard:
Banking reform: in motion.
Currency modernisation: watch the official channel only.
RV / QFS: still unverified.
Next layer to watch:
SWIFT is building toward a blockchain ledger for tokenised cross-border payments.
BIS Project Agorá has already run controlled tests with real value. Infrastructure is moving.
A global “reset” has not been declared.
Bottom line:
The payment rails are being rebuilt in public.
Iraq is reforming how it budgets and settles.
None of that equals a confirmed IQD revaluation.
Separate the real plumbing from the rumour.
CBI reserves statement: https://cbi.iq/news/print_news/3330
SWIFT ISO 20022: https://swift.com/news-events/news/swift-accepts-community-request-extend-structured-address-migration-iso-20022-payment-messages
BIS Project Agorá: https://bis.org/about/bisih/topics/fmis/agora.htm
Source(s):
• https://x.com/argosaki/status/2103250476863205648
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