Friday, November 28, 2025

💳🇮🇶 Central Bank: Digital Currency to Solve 90% of Iraq’s Financial Problems – Key Highlights 💳

💳🇮🇶 Central Bank: Digital Currency to Solve 90% of Iraq’s Financial Problems – Key Highlights 💳

🏦 Closing Gaps in the Financial System

The Governor of the Central Bank of Iraq, Ali Al-Alaq, emphasized that lasting solutions must address gaps in the financial system.

  • Modern technology and digital tools are key to effective solutions.

  • These measures aim to strengthen the financial system and reduce vulnerabilities.


💵 Reducing Cash Dollar Dependency

Al-Alaq highlighted the main issue between the Iraqi treasury and society: widespread use of the US dollar in cash.

  • Iraq has implemented alternatives that limit cash dollar use, including a “traveler’s dollar” system.

  • According to the US Federal Reserve, Iraq ranks first in controlling cash dollar use

    .

  • These measures have cut foreign currency usage by 80% and shifted most transactions to the Iraqi dinar.


🌐 Digital Currency: A Radical Solution

  • Work is underway to develop Iraq’s digital currency.

  • Expected to solve about 90% of financial system problems.

  • Represents a major step forward in modernizing Iraq’s financial infrastructure.


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Central Bank Governor: Digital currency will solve 90% of the problems in the Iraqi financial system

The Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed on Thursday that lasting solutions must be built in a way that closes the gaps in the financial system. He explained that the tools available today, especially modern technology, offer effective solutions and address many of these gaps.

Al-Alaq said during the "Investing in Reconstruction... The Role of Banks" conference in Beirut that "the main problem between the Iraqi treasury and society is the use of the dollar in cash within Iraq, which is a normal social matter in Iraqi society. He added: "We have worked on this issue and presented other alternatives that reduce dependence on cash, and we have developed the financial system so that cash dollars are restricted to travelers only."

He explained that the "traveler's dollar" system prevents any attempts at circumvention, emphasizing that the US Federal Reserve indicated Iraq ranks first in controlling the use of cash dollars within the country. He noted that these measures have reduced the use of foreign currency by 80% and shifted the majority of domestic financial transactions to the Iraqi dinar.

Al-Alaq concluded his remarks by noting that work is underway to develop the digital currency, which is expected to solve about 90% of the financial problems in Iraq, stressing that this step represents one of the radical solutions for the financial system in the country.  link


BRUCE: 💱🇮🇶 Iraq Cross-Border Trade & Exchange Timeline – Key Highlights 💱

💱🇮🇶 Iraq Cross-Border Trade & Exchange Timeline – Key Highlights 💱

📅 Potential Start of Exchanges

Bruce [via Wiser Now] reports that Iraq will soon be ready for cross-border trade:

  • All countries will be able to trade at new rates with Iraq.

  • Sunday is expected to be Iraq’s first business day for cross-border activity.

  • Exchanges for the public could start Friday or Saturday, but might also begin Monday, December 1st.


⏳ Timeline Updates

Bruce mentions receiving new information to refine the timeline:

  • Notifications could arrive Friday or Saturday, giving a better shot at weekend exchanges.

  • Two other reliable sources indicate exchanges will happen on or before December 1st.


🔹  Current Status

  • Preparations are underway for the cross-border exchange at new rates.

  • Public exchanges depend on official notifications and confirmations.

  • The situation is closely monitored, with multiple sources aligning on a pre-December 1 start.


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Bruce  

[via Wiser Now]   Sunday...Iraq is going to be able to do...cross border trade. Cross Border exchange...all the countries in the world...will be able to begin trade at new rates with Iraq, and that tells us Sunday, their first business day...they should be running on Sunday...

So with that being done, you know, I think we could get our exchanges started Friday or Saturday. We'll see what happens...maybe we don’t start exchanges till Monday, which is the first of December...

 We did get some information that we were looking for to give us a, maybe a more accurate timeline for where we are...It looks like the latest information says we would receive our notifications Friday or Saturday...I think if they come out Friday, we got a better shot of going Friday and Saturday...We have two other sources weigh in, very good sources... said...  we will be doing exchanges on or before the first of December... So that's where we are right now in terms of this timeline.


Iraq and Your Money: Brace for a Major Shift on December 1


 

🏦💼 Iraq’s Central Bank Governor at Arab Banking Conference 2025 – Key Highlights 💼🏦

🏦💼 Iraq’s Central Bank Governor at Arab Banking Conference 2025 – Key Highlights 💼🏦

🌍 Iraq’s Vision for a Stronger Banking Sector

At the 2025 Arab Banking Conference, the Governor of the Central Bank of Iraq highlighted Iraq’s steady progress toward building a strong, modern banking sector.
Key goals include:

  • Enhancing monetary & financial stability

  • Strengthening the banking sector’s capabilities

  • Supporting sustainable economic development


📱 Focus on Digitalization & Financial Innovation

The Governor emphasized Iraq’s commitment to digital transformation, stressing the importance of:


💡 Supporting Investment & National Economic Growth

The Central Bank’s multi-year strategic vision aims to:

  • Support local and foreign investment

  • Enable the banking sector to play a key role in the  national economy’s development


🤝 Strengthening Cooperation with Arab Nations

In closing, the Governor expressed gratitude to the Union of Arab Banks and reaffirmed Iraq’s commitment to:

  • Strengthening cooperation with Arab countries

  • Developing a stable, growing, and innovative financial environment


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 The Governor of the Central Bank of Iraq participates in the Arab Banking Conference 2025

The Union of Arab Banks organized He noted that Iraq is moving steadily towards building a strong and modern banking sector, capable of leading financial and economic transformation by enhancing monetary and financial stability and strengthening the banking sector's capabilities to be more supportive of sustainable development.

 This will be achieved by relying on the best management and governance standards, and by transitioning towards digitalization and financial and technological innovation. He stressed the importance of consolidating financial inclusion and ensuring the integration of the financial system with the formal economic cycle. 

His Excellency explained that the Central Bank continues to work on implementing a multi-year strategic vision aimed at supporting local and foreign investment and enabling the banking sector to play its vital role in developing the national economy. In closing, His Excellency expressed his gratitude to the Union of Arab Banks and the organizing bodies, stressing the Central Bank of Iraq’s commitment to strengthening cooperation with Arab brothers and developing a more stable, growing and innovative financial environment.

Central Bank of Iraq, 
Media Office, 
November 27, 2025  link


REINALDO JC: Iraq Dinar Projections: $3.22 – $4.25 – Key Highlights

💹🇮🇶 Iraq Dinar Projections: $3.22 – $4.25 – Key Highlights💹

🔹 Central Bank Scenarios & Floating Dinar

The Central Bank of Iraq has developed multiple scenarios, predicting that the floating dinar could stabilize in the future between 3.22 and 4.25 dinars per USD.


🌍 Boosting Regional Investment

strong and stable dinar is expected to:

  • Make Iraq more attractive for foreign investment

  • Promote economic growth across the region

  • Signal a new era of financial stability and confidence


🏦 Measured & Careful Reform

The Central Bank Governor stresses that this reform is  not hasty:

  • Every step is carefully measured and documented

  • Designed to maintain public confidence

  • Ensures stability while preparing for a potential value shift


📈 Global Attention

Projections of 3.22 – 4.25 dinars per USD have captured the eyes of:

  • Investors

  • Economists

  • Governments worldwide

The message: Iraq is ready to transcend its past and build a prosperous, strong future.


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youtube.com/@DINARREVALUATION

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REINALDO JC

IRAQ  $3.22-$4.25


The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar. 


Revaluing the Iraqi dinar would—Boost regional investment: A stable and strong currency would make Iraq a more attractive destination for foreign investment, thereby fostering economic growth throughout the region. The central bank governor has emphasized that this reform is not a rash or hasty move; Every step is carefully measured, documented, and designed to maintain stability and public confidence.


 The potential shift in the dinar's value, with projections ranging between 3.22 and 4.25 to the dollar, has captured the attention of investors, economists, and governments worldwide. The message is clear—the nation is ready to transcend its past and write a new chapter of prosperity and strength.


FRANK26….11-26-25….CODES


🇺🇸🔥Trump’s Envoy Receives New Directives on Iraq – Key Highlights🔥🇮🇶

🇺🇸🔥 Trump’s Envoy Receives New Directives on Iraq – Key Highlights🔥🇮🇶

🦅 Presidential Orders Delivered on Thanksgiving

Mark Savaya, President Donald Trump’s envoy to Iraq, announced he had received direct presidential directives regarding the Iraq file during Thanksgiving celebrations.
He described meeting Trump as an “exceptional way to celebrate Thanksgiving.”


🚨 Firm US Response to Kor Mor Gas Field Attack

Savaya vowed to pursue and hold accountable the armed groups behind the Kor Mor gas field attack, calling them tools of “hostile foreign agendas.”
He demanded Baghdad identify and prosecute those responsible immediately.


⚠️ Unequivocal Warning to Armed Factions

Savaya issued a strong message:

“There is no place for such armed groups in a fully sovereign Iraq.”
He pledged that the United States will pursue, confront, and hold every illegal armed group accountable, including their supporters.


🤝 Strong U.S. Support for Kurdistan

Savaya reaffirmed Washington’s stance:

“The U.S. supports a strong Kurdistan within a unified and stable Iraq.”

He urged Baghdad and Erbil to deepen security cooperation and work closely to protect energy and economic infrastructure.


🛡️ Commitment to Iraq’s Sovereignty & Security

He concluded with a renewed pledge to help strengthen Iraq’s national forces:

“Together, we will protect Iraq’s resources, defend its sovereignty, and ensure the security of all its citizens.”


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 Trump's envoy receives presidential directives regarding the Iraq file

US President Donald Trump's envoy to Iraq, Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration.

"I was honored to receive the directives for the Iraq mission from the Commander-in-Chief," Savaya said in a post on the X platform on Friday, November 28, 2025.

He added, "It was a pleasure meeting you, Mr. President, and it was truly an exceptional way to celebrate Thanksgiving."

Mark Savaya, President Donald Trump’s envoy to Iraq, vowed to pursue and hold accountable the armed groups that targeted the Kor Mor gas field, describing them as tools of “hostile foreign agendas,” in the first firm response from the Trump administration to the attack.

In a post on the “X” platform (formerly Twitter), Savaya commented on last night’s attack, saying: “Armed groups operating illegally and driven by hostile foreign agendas carried out the attack on the Kormor field,” demanding that the Iraqi government “identify the perpetrators and bring them to justice immediately.”

A message that is "unequivocal"

President Trump's envoy issued a stern warning to the armed factions, saying: "Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq," adding a direct American pledge: "The United States will fully support these efforts... Every illegal armed group and those who support it will be pursued, confronted, and held accountable."

Strong support for Kurdistan

Savaya stressed the firm American position towards the region, affirming that "Washington supports a strong Kurdistan within a unified and stable Iraq."

The US official urged Baghdad and Erbil to "deepen security cooperation and work closely to protect vital economic and energy infrastructure."

Trump's envoy concluded his post by renewing the commitment to help Iraq build its national forces, saying: "Together, we will continue to protect Iraq's resources, defend its sovereignty, and ensure the security and well-being of all its citizens."  link


FIREFLY: 🔥 [Iraq Currency Rumors & December 1st Update – Highlights] 🔥

🔥 [Iraq Currency Rumors & December 1st Update – Highlights] 🔥

⚡ Key Points From Frank26 & Firefly

• Sudani’s Statement Confusion 🤔
Sudani mentioned a “new mechanism for the currency on December 1st.”
He didn’t explicitly confirm an exchange-rate change, leaving citizens unsure of what will actually happen.

• “Kuwait Scenario” Comparison 🇰🇼
Frank26 claims Iraq may be using misleading public statements similar to Kuwait’s past strategy before revealing the dinar’s real value. He suggests the current messaging is intentional.

• CBI Under Pressure 🌋
Frank26 describes the situation as a “volcano” inside the Central Bank of Iraq — with confusion and mixed signalspossibly tied to outside influence and internal resistance.

• Public Concerns & Pushback 📺🗣️
Firefly notes frustration on Iraqi TV:
People question Sudani’s shifting comments about December 1st — first regarding the dinar, then saying he meant “foreign currency.”
Citizens remember his earlier promise that “the dinar will be stronger than the dollar.”

• Frank26 on the Mood Inside Iraq ⚠️
He mentions:

  • A sense of rebellion or mutiny

  • Ongoing questions about “Where is the new rate?”

  • Claims that December 1st ties indirectly to lower denominations and lifting of the three zeros

  • Ongoing “stun grenades and smoke bombs” meant to create confusion

  • The idea that many different elements must align for any “reinstatement”


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Frank26  

 [Iraq boots-on-the-ground report]  

FIREFLY:Sudani came out and said there was a new mechanism for the currency on December 1st.  He did not say directly there would be changes in the currency exchange rate on December the 1st.. .We're not sure if that will change the rate or not...

Frank26   They are pulling a 'KS', a Kuwait scenario.  Kuwait did the same thing [sending out misinformation about their dinar].  The next day they changed their true value.  This is what's going on right now.  Trust me on this.

Frank26 The volcano of the CBI blew up...It's supposed to be confusing right now...IMO the CBI is trying to dent the monetary reform.  You have a lot of bad Iranian influence in Iraq that is jealous and is trying to stop this by any means.

 FIREFLY:
On TV rumors and concerns, what is the true state of the financial situation in Iraq?  Folks upset about Sudani's statement about December 1st, then he tricks us and comes out and he changed it and he says,  'Oh, I meant foreign currency.'  And still we remember he told us the dinar will be stronger than the dollar. 

 FRANK:  What are you noticing?  A rebellion - A mutiny - Questions of where the hell is the new exchange rate?  ...Remember what he told you about December 1st.  It is indirectly related to you receiving your lower notes and the lifting of the 3 zeros...The reinstatement is not just from one direction.  It's from many sources that have to all be aligned.  That's what's going on right now while they continue to cause confusion with what I call the stun grenades and smoke bombs...
 

FIREFLY: 💰 Iraq’s Economic Overhaul: A Historic Currency Move 🌟 #frank26 #dinarrevaluation

Read also: 💰 “Zim Cap Bond Payouts: Private Appointments & Project Plans Update”