CBI August Announcement

[screwball]

The CBI has now spoken directly

On 26 August 2026, the CBI issued an unusually relevant official statement. It denied reports that it had already printed new Iraqi currency with the zeros removed.

More importantly, the CBI said that any future project involving restructuring currency denominations or deleting zeros, if officially decided, would pass through:

legal → regulatory → technical stages → official announcement → appropriate transition period.

The CBI specifically said that the transition period would allow citizens, banks and institutions to exchange currency safely and in an organised manner. It did not mention 2027.

[screwball]

So I would currently classify the evidence this way:

Claim	Status
CBI has historically had a delete-three-zeros project	Confirmed
CBI has discussed restructuring/issuing a new dinar	Confirmed
Delete-zeros discussions have resurfaced in 2026	Confirmed
Iraqi minister has mentioned 2027	Confirmed
Minister suggested multi-year transition	Confirmed
Reports say discussions are taking place within/around CBI	Reported
CBI says a future project requires legal/regulatory/technical stages	Officially confirmed
CBI has officially announced 2027 implementation	No evidence found
CBI has officially announced January 2027	No evidence found
CBI has officially announced new lower denominations	No
CBI has officially announced a new exchange rate	No

There is another significant point: on 17 June 2026, the CBI separately denied circulating claims about an exchange-rate change and told people to rely exclusively on official CBI sources.

[screwball]

Between 2024 and 2026 the CBI implemented a substantial program of banking reform and physical-currency operational preparation that included banknote circulation, replacement, counting, sorting, counterfeit detection, small-denomination distribution, cash-management modernization and bank restructuring. These capabilities would be necessary for a redenomination/delete-zeros transition. In August 2026 the CBI subsequently confirmed that any such project would proceed through legal, regulatory and technical stages before announcement and a transition period.

[screwball]

5 minutes ago, screwball said:

CBI says a future project requires legal/regulatory/technical stages Officially confirmed

I would say almost 99% that this stage is done....they dont need a new law....they need a decision and a set of cbi instructions

[Luigi1]

Iraq had the lowest inflation rates on earth.

Then CBI printed Dinars to pay salaries.

Now inflation returns to Iraq.

 

If CBI continues to print more & deplete it's foreign Reserves, then this will weaken the ER at RV time.

The other option...print a new currency rendering our Dinars worthless or LOP.

 

RV now.  That's the only solution.