SANDY INGRAM:
🌍 “Why the Iraqi Dinar Isn’t on Forex… Yet” | Sandy Ingram Breaks It Down 💱🔍
📢 IQD WATCH – What’s Holding Up Forex Listing?
🚨 According to Sandy Ingram, there’s no magic button to list the Iraqi Dinar (IQD) on Forex — but Iraq is closer than ever.
🧩 3 Must-Fix Issues Before IQD Hits Forex Markets:
1️⃣ Align Official & Street Rates 💱
✅ IMF confirms real progress
❗ Still needs consistent liquidity, tight spreads, and full transparency
2️⃣ Tighten AML & CFT Controls 🕵️♂️🚫
Finish closing gaps in anti-money laundering and counter-financing of terrorism policies
3️⃣ Complete Banking Reforms 🏦💡
Banks must be:
Well-capitalized 💰
Properly governed 🧑⚖️
Digitally connected 📲
📝 Optional But Important:
📘 Iraq should formally accept IMF Article VIII
Signals to the world that currency payments are free, legal, and non-discriminatory
Builds trust with global financial institutions
💬 SANDY INGRAM EXPLAINS:
“It’s not about flipping a switch. It’s about showing that the system is clean, stable, and liquid.”
🌐 When:
FX rate is stable
Cross-border payments are easy
Liquidity is strong
👉 Then Forex platforms will feel safe offering the IQD to the public.
✅ IMF has already recognized Iraq’s progress
💼 Just a few final pieces left to put in place…
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👉 Forex listing isn’t far — but it must be earned, not expected. 🛠️💹