DINAR REVALUATION HIGHLIGHTS!
HERE ARE significant developments concerning the Iraqi Dinar and the potential for its revaluation (RV).
The focus is on ongoing high-level meetings scheduled through the 25th of September, which many believe could lead to crucial announcements regarding the currency.
Key Highlights:
- Reformation Process: Various financial reforms are being addressed to stabilize the dinar, including eliminating the parallel market and solidifying the bank’s role in establishing a realistic exchange rate.
- Deletion of Zeros: There's increasing speculation about the "deletion of zeros" from the dinar, similar to past actions taken by Kuwait. This process aims to modernize the currency and enhance its value.
- Intel Reports: Contributors share optimistic insights indicating that Iraq is making substantial progress toward reinstating the dinar's value while reducing reliance on the US dollar. There are ongoing discussions about the future currency structure and how existing large denominations will transition to smaller notes.
- Economic Diversification: The Prime Minister emphasizes support for investments that aim to diversify Iraq's economy beyond oil, further indicating proactive economic strategies.
- Regional Tensions: WE have concerns related to regional security issues, particularly regarding threats from Iranian-backed militias targeting Israel, which may impact Iraq's stability and economic initiatives.
For more Updates & Insights related the Revaluation of the Iraqi Dinar You can subscribe our channel for ongoing updates: https://www.youtube.com/@DINARREVALUATION
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