π¨ Iraq’s Exchange Rate Stability & Major Banking Shakeup Incoming! π₯π΅ π¨
Clare reports: The parallel exchange market is aligning with the official fixed rate, marking a strong stage of monetary stability thanks to the success of the “three pillars” of economic policy. π✅
Frank26 warns salaries might not be paid before the new exchange rate is revealed, meaning many Iraqis still receive only pennies under Sudani’s leadership. πΈπ
Major banking news: Washington is pressuring Iraqi banks to either raise capital to 400 billion dinars, merge with other banks, or face liquidation by month-end. This could mean saying goodbye to the “1310” rate! π¦⚠️
Trump’s influence is clear — Iraqi banks are under intense pressure to comply and exit US sanctions, promising security and stability despite political challenges. πΊπΈπ
Despite lingering issues like Iran’s influence and Maliki’s bullying, the “head of the snake” is being decisively dealt with, not just clipped but bitten off by Trump’s policies. π❌
π Stay informed with the latest updates! π
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