Friday, July 25, 2025

FRANK26: "Iraqi Dinar on the Brink: Banks Quietly Preparing for 1-to-1 Rate, Says Frank26"

๐Ÿง  Frank26 Intel Summary:

  • Bank attitudes have changed: At first, banks dismissed the Iraqi Dinar as a scam. Now, they are respectful and acknowledge that they're preparing, even if they don’t know the exact timing.

  • Readiness: Frank believes the banks and Iraq are fully prepared and just under 2% away from full compliance, as required by their budget.

  • Political shift:  The process is no longer controlled by Iranian-influenced politicians. Frank thinks Trump is done playing games and is pushing things forward.

  • Exchange rate excitement: Daily reports show the U.S. dollar weakening in Iraq, a sign that the market is aligning with the official exchange rate.

  • Expected rate: Frank’s opinion is that the true rate isn’t 1310 IQD, but actually 1 to 1 (1 Dinar = 1 Dollar).

๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ถ IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM

 ๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ถ  IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM Iraq's Deputy Minister of Finance, Ali Karim, met with a World Bank ...