Stephanie Starr: High-Level Iraq RV Trigger Map
Stephanie Starr: High-Level Iraq RV Trigger Map
12-5-2025
Stephanie Starr @StephanieStarrC
IRAQ HIGH-LEVEL RV TRIGGER MAP
Here is Iraq’s actual position today — no hype, just milestones:
POLITICAL REHABILITATION -(Dec 2nd)
Chapter VII officially ended
UN supervision removed
Sovereignty restored
STATUS: COMPLETE
BANKING & FINANCIAL COMPLIANCE- (Dec 2nd)
Banks audited & restructured
AML systems installed
Multi-currency permissions reinstating
BIS metrics synced
Digital dinar pilot underway
STATUS: COMPLETE
INTERNATIONAL ECONOMIC REENTRY (Aug/Sept)
Oil exports restored
Sovereign funds routed via U.S. financial channels
International trade treaties restored
Diplomatic normalization proceeding
STATUS: COMPLETE
DOMESTIC MONETARY CONTROLS
Capital flight suppression (Dec 1 reform)
Customs clearance enforcement
FX leakage tightening
STATUS: ACTIVE
IMF FORMALITY GATE
Acceptance into Article VIII status (free exchange convertibility)
Permission for FX liberalization
STATUS: PENDING — NEXT MAJOR STEP
CURRENCY ADJUSTMENT PHASE
Managed float activation
Appreciation alignment to reserve backing
FX market reentry
STATUS: FUTURE EVENT
Next major milestone to keep a look out for is from the IMF regarding Artificial Vlll Only IMF procedural clearance remains before FX movement can occur.
Exchange rate stability was emphasized on Dec 1st. The Governor explicitly said: “Reducing the dinar value would harm public confidence & stability.”
They are protecting the currency against devaluation
They are NOT announcing appreciation
Their focus is price stability FIRST
This follows IMF playbook exactly:
Stabilize
Reform
Digitize
Normalize banking
Open FX flows
Only then adjust exchange.
Clearing the “Revaluation Denial” Confusion
Officials have been denying “rate changes” yet massive reforms are happening, this is NORMAL policy behavior.
Why?
Governments never pre-announces currency adjustments because:
Speculators attack the market
Currency hoarding explodes
Inflation becomes uncontrollable
So public denial of RV is STANDARD PRACTICE until after a move is already executed. Kuwait did the exact same thing — no public hint until after implementation.
Now that the UN has ended their mandate Dec 2nd- Iraq is now officially qualified to START the monetary transition phase. This UN step was one of the final political prerequisites before moving into IMF mechanics.
Track milestones and phases, not dates!
Source(s): https://x.com/StephanieStarrC/status/1996666659143041399
https://dinarchronicles.com/2025/12/05/stephanie-starr-high-level-iraq-rv-trigger-map/