MNT GOAT
"RAFIDAIN BANK DEPLOYS ATMS AT 5 STATIONS IN BAGHDAD" - "CENTRAL BANK: DIGITAL CURRENCY REDUCES CASH FLOW OUTSIDE BANKS"
(Full articles in the articles section) "Rafidain Bank announced today, Friday, the deployment of ATMs at five stations in Baghdad". "This step comes as part of a strategy to expand the scope of digital banking services, contributing to the integration of more individuals into the banking system and enabling them to benefit from modern financial solutions without the need to visit traditional
branches." On Thursday, March 20, 2025, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described digital currency as "limiting the flow of cash outside banks." He also spoke of a plan to
establish a data center that would serve as a foundation for digital transformation. In this period of news from Iraq we find that paper cash dinars will coincide with the digital dinar on a limited basis. It appears the digital dinar is mainly for international transactions of imports for now. This move is hoped to get the dinar readily accepted by all Central Banks outside Iraq. They also told us this will end the parallel market. Is this not what we need for a
reinstatement? Yes, stability of the currency at this level.
Let's explore all this today and more.... Choo... Choo...Choo... Choo...
Their words not mine.....
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