A spokesperson for the Sulaymaniyah Currency Exchange Market told Channel8 that the reason for the dinar strengthening—if the deal is finalized—is "because 85% of the dollar demand in the market comes from traders, while the remaining 15% comes from everyday citizens."
He added that Iraqi PM al-Zaidi's mid-July Washington visit will bolster the dinar through U.S. economic backing.
Read more: https://channel8.com/english/news/60604
🚨 A Stronger Iraqi Dinar May Be Closer Than We Think! 🇮🇶💵
A new report from Channel8 highlights an important point: the Iraqi Prime Minister's mid-July visit to Washington is expected to help strengthen the Iraqi dinar through U.S. economic support.
That statement caught my attention because it confirms something many of us have believed for a long time—that this visit was about much more than diplomacy. It appears to be part of a broader economic strategy designed to reinforce Iraq's financial system and increase confidence in its national currency.
💭 My Opinion:
I've been saying this all along! After the government was formed, that trip to Washington had a purpose. It wasn't just another official meeting—it was about building the foundation for a stronger Iraqi dinar.
When government officials openly talk about strengthening the value of the dinar with international economic backing, that's encouraging news for everyone who has been patiently following Iraq's economic reforms.
No one can predict exactly when or how events will unfold, but this is another piece of the puzzle that points in a positive direction. Every major economic reform begins with strategic decisions, partnerships, and growing confidence.
For those of us who have waited and believed in Iraq's long-term economic transformation, this news offers another reason to stay hopeful.
⏳ The pieces continue to come together... and perhaps the moment we've all been waiting for is getting closer. 🇮🇶💚
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