MARKZ
🔥 Iraq was very active over the weekend with promising economic moves:
✅ The Bank of Baghdad is now the first sovereign bank in Iraq – signaling true international status.
✅ Iraq pushes forward on its 3-year monetary reform plan — Sudani aims to restore Dinar value and purchasing power.
✅ Iraq is moving to replace the dollar with gold, indicating a shift toward asset-backed currency
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✅ Dollar shipments to Iraq have reportedly stopped – adding speculation of an imminent Dinar revaluation.
💬 Bond holders expect key activity on July 28th. Many sources anticipate action overnight into Tuesday.
🇺🇸 In the U.S., Trump’s team hints at tariff rebates for taxpayers — possibly even “helicopter money” as economic relief.
🗣️ Community sentiment: High hopes for Aug. 1st and beyond — but cautious optimism as people await concrete results.
📉 Ongoing discussion on the parallel market rate in Iraq and whether parity is the final trigger for the RV.