MNT GOAT
🇮🇶 IRAQ & IQD: DELETE THE ZEROS — A MAJOR UPDATE! 💰🚂
Mnt Goat highlights a new Iraqi government statement saying that measures are being prepared to stimulate the economy, protect purchasing power, support the private sector and address internal obstacles.
📜 She points to the possibility that currency reform and the “Delete the Zeros” project could be part of a broader package of measures that may eventually move toward Parliament.
🏦 Mnt Goat also emphasizes the importance of having the necessary economic and financial pieces in place before moving toward FOREX.
📅 While no official implementation date has been announced, she believes the process could extend into early 2027.
🔎 Her message to investors: BE CALM, BE PATIENT, and watch the official developments coming from Iraq.
🚂 The journey continues!
🇮🇶 IRAQ & IQD: DEVALUATION RUMORS ROCK THE MARKET! 💵
Mnt Goat highlights a new report addressing rumors of an Iraqi dinar devaluation and the resulting market panic.
🏦 Key points:
• Changing the exchange rate is the exclusive authority of the CBI, not the Ministry of Finance.
• Parliamentary Finance Committee contacts said the proposed devaluation is speculative and has not been drafted into a formal bill.
• A devaluation was described as potentially devastating to living standards.
💵 Reports claiming a move from 1,320 to around 1,500 IQD per $1 triggered concerns in the parallel market.
📊 Mnt Goat also highlights reports that delays in dollar allocations for merchants using the ASYCUDA system are increasing demand for dollars in the parallel market.
🏦 The CBI has repeatedly reaffirmed its commitment to the official 1,320 IQD rate, with no official announcement of a devaluation.
🔎 Mnt Goat’s message: temporary market pressures should not automatically be interpreted as a coming devaluation. She also points to the broader issue of Iraq’s continued reliance on the U.S. dollar and the need for monetary reform.
🇮🇶💰 The IQD story continues to develop.
#Iraq #IQD #IraqiDinar #DeleteTheZeros #CurrencyReform #Forex #CBI #IraqEconomy #Dinar #Revaluation #RV #MntGoat #IraqNews #DinarNews #IQDNews
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