🇮🇶💵 IRAQ’S RATE CHANGE, BANKING PREPARATIONS & RV TIMELINE: MARKZ SHARES AN INTERESTING OUTLOOK! 🔎🚨
During Coffee with MarkZ, MarkZ highlighted several developments he believes could be significant for Iraq’s currency reform:
🏦 1. IRAQ’S BUDGET REVIEW: MarkZ pointed to reports of additional government reviews and changes to the budget, including rate-related adjustments that may need to be addressed.
📅 2. BANKING PREPARATIONS: He highlighted Al-Rasheed Bank's instructions for branches operating on the dollar platform to continue services on Saturdays and official holidays. MarkZ questioned whether this could be preparation for a potential currency-value change outside regular banking days.
🇺🇸 3. U.S.–IRAQ PRESSURE: MarkZ discussed the renewed U.S.–Iraq discussions and Washington's continued pressure on Iraq regarding regional tensions and outstanding commitments.
📄 4. WHITE PAPER & REFORM: He believes the recent discussions surrounding Iraq's White Paper, combined with these developments, suggest that important steps may be approaching.
💰 5. BOND CONTACTS & RV TIMELINE: MarkZ revealed that a South American bond group had received a scheduled appointment for next week. During the interview, Mr. C also shared information suggesting an RV could occur between now and the end of 2026. MarkZ welcomed the timeline but acknowledged that more information is needed.
🔎 MARKZ'S TAKEAWAY: MarkZ remains upbeat, pointing to developments in Iraq's budget, banking operations, U.S. pressure and international contacts as reasons to watch the coming weeks closely.
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⚠️ These are MarkZ's observations and reported information from the broadcast, not official confirmation of an Iraqi dinar revaluation.