The Securities Commission grants the first license to a foreign brokerage firm to operate in Iraq
On Sunday, the Securities Authority announced that it had granted official approval to a foreign brokerage firm to operate in the securities markets, making it the first company to receive this approval in accordance with the modern regulatory procedures adopted by the Authority.
The commission confirmed in a statement that this step comes within its ongoing efforts to regulate and develop the work environment in the Iraqi financial market and enhance transparency and efficiency in line with best international practices, and in a way that contributes to supporting investment, stimulating trading activity and attracting global expertise to the market.
She explained that the approval was granted after the company completed all the technical and regulatory requirements, ensuring the integrity of the procedures and protecting the rights of investors, as well as raising the level of institutional performance of brokerage companies operating in the market.
color: #1b1b1b; max-width: 100%;">The statement affirmed that this approval is an important indicator of the Authority’s direction towards opening new horizons for brokerage companies, especially foreign ones, and encouraging the entry of new companies that contribute to the development of the Iraqi capital market and enhance investor confidence in it, which represents one of the Authority’s main objectives in regulating, protecting and developing the market. link
I know many IQD investors...are thinking and saying over and over $1 to 1 dinar.
People who understand international currency laugh at us because it's just not economically possible. That doesn't mean it can't happen, butit does mean there are some steps in-between that we need to acknowledge as intelligent IQD investors...
I'm not trying to burst your bubble...What I'm saying to you is there is some things that must happen before the 1 to 1 could or will happen.
I'm not trying to say the Iraqi dinar will not value at $1 to 1 IQD because it very well could in the future but not now and not in the beginning...It has to go through baby steps.
----
📊 Understanding the Iraqi Dinar: Why “1 IQD = $1” Is Not an Overnight Reality
Many IQD investors repeat the idea of a 1-to-1 exchange rate (1 IQD = $1 USD) with strong conviction.
However, when we step back and look at how international currency systems actually work, it becomes clear why experienced economists often view this expectation as highly unlikely in the short term.
That doesn’t mean it’s impossible in the long run—but it does mean there are real-world economic steps and conditions that must happen first.
🌍 Reality of Currency Revaluation
International currencies don’t jump suddenly from low value to parity without major structural changes. For the Iraqi dinar to approach a strong valuation, several foundational elements typically need to improve:
📈 Stable and diversified economy (beyond oil dependency)
🏦 Strong, independent central banking system
💱 Controlled inflation and monetary stability
🌐 Global trade confidence and foreign investment flow
🧾 Consistent fiscal and political stability
Without these, a sudden 1:1 valuation would create extreme economic imbalance.
🪜 “Baby Steps” Matter More Than Big Expectations
Rather than expecting an instant jump, currency development—especially in post-conflict or rebuilding economies—usually happens in gradual stages:
📊 Stabilization of internal financial systems
💵 Controlled adjustments in exchange rates
🌐 Increased integration into global markets
📉 Reduction of inflationary pressure
🏦 Long-term monetary reforms
Each step builds trust and economic credibility before any major revaluation could even be considered.
🧠 A More Realistic Investor Mindset
Being an intelligent IQD investor doesn’t mean dismissing long-term potential—it means understanding timing and conditions.
It’s reasonable to believe:
The Iraqi dinar could strengthen in the future
Significant reforms may improve its value over time
But expecting instant 1:1 parity today or in early stages is not aligned with economic reality
💬 Final Thought
Hope and optimism are part of investing—but they should be balanced with patience and understanding of how global economics actually work. The path, if it happens, is more likely to be gradual, structured, and conditional, not sudden or explosive.