ARIEL
Iraqi Dinar Update 🇮🇶⤵️
This statement from the Central Bank of Iraq (CBI) signals that Global Odeme Hizmetleri is now authorized to handle foreign remittances alongside Western Union and MoneyGram. This means they are ready to implement the monetary reform. Western Union & MoneyGram are IS exchange sites.
This opens up more channels for converting IQD to USD, increasing options beyond just banks. Their banks are internationally linked and carry out more secure & safe exchanges. ;
The new currency notes are supposed to be available today. I will look more into this because we are reading official statements from the Central Bank. The only logical reason I presume they have not released the new notes/exchange rate is because their Stock Market opens on January 7th.
Will they wait until then? Not sure. But the option of course is there. The only thing that contends with this is their announcement a couple of days ago where Jan-2nd was the day the new notes were supposed to be released.
Stay tuned...