Explained: Repercussions Of Fixing The 1300 ER.

[Luigi1]

Here's some articles of Dinarian interests...

Direct From The Sandbox Report.

Explained: Repercussions of Fixing The 1300 ER.

Treat as rumors.  Not verified.  Your opine.

 

 

 

From Iraqi Sources:  A Sudanese Advisor Explains To "Al-Eqtisad News" The Repercussions Of Fixing The Exchange Rate At 1300 Dinars In The 2026 Budget.

ARTICLE:  The Prime Minister’s Advisor for Economic and Financial Affairs, Mazhar Muhammad Salih, revealed on Thursday the impact of the CBI’s decision to fix the official exchange rate at 1300 Dinars in the 2026 Budget.

 

Saleh told Al-Eqtisad News that "the government decided to fix the official ER at 1,300 Dinars per USD in the 2026 Budget project, within the framework of what he described as 'calculated coordination between fiscal & monetary policies'."

 

He explained that this step represents a limited increase in the value of the Iraqi Dinar & is a positive sign that reflects the strength of the country’s foreign reserves & the ability of monetary policy to confidently maintain stability.

 

He pointed out that fiscal policy is now moving towards maximizing real revenues, moving away from resorting to what is known as "monetary adjustment," which relies on using the ER as an indirect financing tool, stressing that this trend promotes the use of authentic financial instruments to mobilize resources & control spending.

 

The advisor stressed that this monetary signal sends a clear message that containing inflation & stabilizing the nat'l economy is a permanent priority, while maintaining the independence of monetary policy & pushing fiscal policy towards greater efficiency & responsibility, in order to achieve the sustainability of macroeconomic balance in the Iraqi economy.

 

Earlier today, the CBI addressed the Ministry of Finance regarding fixing the official ER at 1300 dinars in the 2026 Budget. 

 

Dollar Surge In Iraq: Why Did The Parallel Market Jump To 148,000 IQD?

ARTICLE:  IRAQ Jawad Al-Samarraie January 8, 2026   Baghdad — Over the last five days, the Iraqi street has witnessed a state of economic panic as the U.S. dollar surged from 138,000 to 148,500 IQD per $100 in the parallel market. This sharp 10-point jump occurs despite the official exchange rate remaining stable at 132,000 IQD, creating a widening gap that has sparked fears of inflation and a decline in purchasing power.

 

Financial and economic expert Dr. Abdul Rahman al-Sheikhly explains that the primary driver behind this volatility is the full implementation of the ASYCUDA (Automated System for Customs Data) system, which officially began on January 1, 2026.

 

The system mandates that traders pay all customs duties upfront before a bank transfer can be processed. In response, many traders have attempted to evade these official channels:

 

Market Mismatch: Traders are fleeing to the black market to obtain cash dollars to bypass the new digital scrutiny and advance payments.

 

Border Loopholes: Some border crossings, particularly in the Kurdistan Region, are perceived as less rigid in their application of the system, encouraging a shift in demand away from the central electronic platform.

 

The anxiety isn’t limited to traders. Citizens have increasingly turned to the dollar as a safe haven for their savings.

Salary Delays: A week-long delay in paying government employees and retirees created a shockwave of fear. This led many to convert their IQD savings into hard currency to hedge against a potential official devaluation.

 

Rumor Mill: Widespread rumors of a permanent change in the official rate exacerbated the rush, although the government maintains that the situation is under control and the salary delay was a temporary administrative issue.

 

The parallel market rates as of today show the following levels across major Iraqi hubs:

Dr. al-Sheikhly advises against randomly pumping dollars into the market, as it fails to address the structural issues. Instead, he proposes:

 

Strict Import Oversight: Imposing heavier customs penalties on traders who import goods via unofficial transfers rather than using the banking platform.

 

De-dollarization: Enforcing the use of the Iraqi Dinar for all internal domestic transactions.

 

Iraq’s Customs Revenues Projected To Reach $7.6 Billion In 2026.

ARTICLE:  Head of the General Authority of Customs’ Valuation Department, Ahmed al-Akeedi, said on Tuesday that the deployment of the ASYCUDA system and the new customs tariff will improve the authority’s earnings.

 

In a statement to the state-run news agency (INA), al-Akeedi said that Iraqi customs revenues reached 2.5 trillion Iraqi dinars (approximately $1.9 billion) in 2025, an unprecedented milestone in Iraqi customs history and an exceptional achievement.

 

Revenues are predicted to grow by at least four to six times with the application of the ASYCUDA system and complete compliance with customs rates, perhaps exceeding 10 trillion Iraqi dinars (about $7.63 billion) by the end of 2026, according to al-Akeedi.

 

Iraq’s Border Ports Commission (BPC) reported in early December an unprecedented increase in customs income, reaching 2.2 trillion Iraqi dinars ($1.68 billion) in 2025.

 

The BPC said in a statement that the achievement followed a series of measures aiming to simplify operations and improve control.

 

Iraqi Finance Minister Taif Sami revealed in May that Iraq’s customs revenues grew significantly following the use of an automation initiative.

 

The step followed the adoption of the Automated System for Customs Data (ASYCUDA), a computerized system created by the United Nations Conference on Trade and Development (UNCTAD) to manage a country’s customs.

 

Iraq’s BPC started using ASYCUDA in 15 ports across the country as the first phase of a government initiative to efficiently manage the country’s customs and reduce corruption. 

 

Iraq Stock Exchange’s Monthly Transactions Hit $59.5 Million.

ARTICLE:  The Iraq Stock Exchange (ISX) announced on Wednesday that trading volume during the past month surpassed 78 billion Iraqi dinars (approximately $59.53 million).

 

According to the ISX, 79 of the 104 companies registered on the market had their shares traded during the course of 20 trading sessions in December, Shafaq News reported.

 

The stock market recorded 18,173 transactions, where the number of traded shares surpassed 63.67 billion, worth 78.7 billion Iraqi dinars (approximately $60 million).

The ISX60 index finished at 983.31 points, rising 2.92 percent compared to the previous session.

 

The ISX operates five sessions per week, from Sunday to Thursday, and has 104 listed companies in banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotel, and service sectors.

 

The ISX provides a platform for investors to purchase and sell assets such as equities and bonds.

 

To trade on the ISX, investors must first create a brokerage account with a licensed brokerage firm.

 

The ISX allows firms to raise cash by issuing shares, while investors may profit from the listed companies’ financial accomplishments through capital gains and dividends.

 

The Dollar Stabilizes As Concerns About Venezuela Subside.

ARTICLE:  The dollar held near a two-week high as Asian trading began on Tuesday, with market jitters over U.S. military action in Venezuela easing and dovish comments from Federal Reserve officials encouraging risk-taking on Wall Street.

 

The dollar index, which measures its performance against a basket of six currencies, stood at 98.36, up 0.04%, after ending a four-day winning streak on Monday.

 

“The market isn’t really worried about what’s happening geopolitically, at least in the near term,” said Rodrigo Catril, a currency strategist at National Australia Bank in Sydney. He added that this environment “reduces the appeal of safe-haven assets, and we’ve seen the dollar in a difficult position,” according to Reuters.

 

 

[Luigi1]

Here's MZs two cents worth...Is this a mad dash push to get Iran & Venezuela in the reset?

 

 

MarkZ  Update- Some highlights by PDK-Not verbatim.

THREAD:  Is This A Mad Dash Push To Get Iran & Venezuela In The Reset?

Member: Good morning everyone & Mark & Andy & Mods!

Member: Hoping Mark has some RV news today. Are there any delays. Are we waiting on the Iraq government to be seated?

MZ: Remember no one knows the timing & right now we are in extreme turbulence. Noone can figure out the exact timing. We can guess at it. Study it. Follow the patterns. See the big picture & the final destination.  

Member: Seems like the Federal Reserve injected more money into the banking system here last night. The silver price was at $77 last night and has gone as high as $82.58

MZ: I think it actually got as high as $83.10.

MZ: Your bond update is the contact who I thought had a meeting yesterday – that meeting is occurring today. So maybe I will have an update later.

MZ: I have one bit of group news. I am being told right now that the “Indian Groups” are being funded. The rumor is we are next & that’s when they release everything. I got this piece of news in the wee hours last night.

Member: You think Iran is slowing down the RV? There was an interesting news article about the “White Paper” recap. Militia man think the regional chaos could be cover to release the rate.

MZ: Resignation of the Deputy Governor of the Central Bank of Iran for Monetary Affairs. Another sacrificial lamb. They keep trying to find somebody to take the blame. Buckle up. Things have stopped flowing in Iran. Iraq calls them because electricity stopped flowing to them but nobody answers. They just hear crickets. And nothing about it in the press. This is how paralyzed the Iranian government is right now.

Member: I have heard Tehran may be running out of drinking water?

MZ: “The most dangerous thing you may hear :News of the US Delta Forces in Iraq” Over the past few hours media reports on Iraqi platforms say the US elite forces called “Delta Force” is in Iraq & stationing near its border with Iran. According to Baghdad Today- Reports say Delta Force is positioned in the vicinity of the Iraq/Iran border with talk of a major shift in the security scene that may be witnessed in the next stage. This is a sensitive moment in history. And we are watching it live.

MZ: Is this a mad dash push to get Iran & Venezuela in the reset?

Member: I wonder -why Iraq is taking so long to “seat” president after election?

MZ: “Iraqi Parliament completes transitional steps until government formation” they will be seating the President then the PM.

Member: Alak (CBI Governor) is at or past their legal retirement age, if he doesn't act soon they may push him out.

MZ: I do see a lot of rumors that Al Alaq is stalling the RV. But I can find zero sources who think that is accurate.

Member: It looks like corruption in the US is starting to be exposed. Praying we see bad guys in silver bracelets soon. Hoping the RV isn’t waiting on all those arrests starting.

Member: Maybe we are watching the implementation of GESARA!

MZ: There is so much happening right now. Things look un-related. Nut they really all are related.

MZ: In Iraq: “Disarmament or buying time? US report reveals shadow game in Iraq” Militias in Iraq are saying one thing & doing another. There is a lot of support to reign in those militias.

MZ: “After the market rally & the information of intentions to change the ER- The CBI reveals the truth” Some rumors again that they would reduce the ER & not increase it.

MZ: They keep pushing this one in Iraq about Gold: Iraq has 170 tons of Gold. As the value of gold goes up.

Member: Per Miles Franklin ~ Gold: $4,459.20 & Silver: $78.27.

Member: Last night my friend spoke to his Region's Banker & it was said they are working from 6am to 10 pm until Jan 16th to get this RV done. Banker was VERY optimistic!

MZ: Wooo. Thank you for sharing that. Lots of people out there are getting more confirmations from their banks. Its not everyone. But it’s happening more & more. We just need to hang on.  

Member: I look at July 4th 2026 as a back wall where Judy Shelton stated the US would have gold backed Treasuries & hopefully gold backed currency as well. This is also the US 250 year anniversary & Trump would want a great economy before mid term elections.

Member: IMO we are living in a crazy exciting time.

Member: I may have to take an RV break for a week or so. RV Fatique.

Member: I have anticipation fatigue after nothing happened by Christmas or Jan 1. its exhausting.

Member: I believe this movie turned into a twilight zone series. Lol.

MZ: Things are happening. Just not as fast as any of us want.

Member: Just a special thank you Mark for your time, money & energy to do these podcasts. You don’t have to do these but do. I do not take you for granted.

Member: Hope everyone has a wonderful day today.