Monday, July 14, 2025

AJ: : "IMF Confirms 1300 Rate Projection, Highlights Shift in Iraq’s Currency System"

 AJ 

πŸ“’The IMF Comments On Iraqi Dinar Exchang Rate Thank you CryptoTN

He Just sent me this from the IMF. And for thoes that do not think the Parallel Market matters, read what the IMF wrote. 

And regarding the exchange rate, they wouldn’t post a new rate publicly 1st. πŸ‘‡ 🚩The Executive Board of the International Monetary Fund (IMF) issued a statement on Wednesday (9th July) following the conclusion of its Article IV consultation with Iraq.

READ ALSO: https://dinarevaluation.blogspot.com/2025/07/goldilocks-central-bank-of-iraq-cbi.html

It projects an average exchange rate (dinar per US$) in each of 2025 and 2026 of 1300, the same as for 2024, adding: "The CBI [Central Bank of Iraq] should be commended for the successful transition to the new trade finance system now fully managed by commercial banks through their CBRs, contributing to a reduction in the spread between the official and parallel market exchange rates." πŸ‘ˆ

🌟 FIREFLY UPDATE: Iraq’s Currency Shake-Up Could Reshape the Economy πŸ’° #frank26 #dinarrevaluation

  Read also: Q & A WITH GINGER ABOUT HOW PEOPLE WILL RECEIVE NOTIFICATIONS AND THE PROCESS IN THE REDEMPTION CENTERS