🚨 CBI Intel: "Delete the 3 Zeros" Could Lead to FOREX 🇮🇶💵 #iraq #iqd

 

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WALKINGSTICK: AKI: A 1:1 Dinar Rate Could Be Introduced at Any Time!!

 Walkingstick  

 [Iraqi bank friend Aki update]

AKI:  When you get to 1,000 to 1, then you will see the pips move quick...by supply and demand.  That is what's going to determine it.  We may not see 'the flip of a switch' but based on supply and demand, we think we will.

 WALKINGSTICK: What is your opinion about two months? 

  AKI:  It can, but it is highly unlikely because as of the 10th we are fully restricted to only use our currency.  Nobody will use anything other else except the dinar... 1 to 1 can come out at any time they choose.

What does this mean?

According to Aki, Iraq appears to be moving into a new phase where the Iraqi dinar becomes the exclusive currency used for domestic transactions. If demand for the dinar continues to rise while its use becomes mandatory inside the country, market forces could begin playing a much larger role in determining its value.

Aki believes that once the exchange rate reaches approximately 1,000 IQD to 1 USD, the market could react much more rapidly. At that point, he expects supply and demand to become the primary drivers of price movement, resulting in quicker changes in the exchange rate than what has been seen during previous years.

His comments also suggest that the transition may not necessarily occur through one single overnight announcement. Instead, the exchange rate could begin adjusting more dynamically as liquidity, trading activity, and demand for the Iraqi dinar increase. In other words, the market itself may accelerate the movement once certain monetary conditions are reached.

Another important point Aki highlights is the July 10 restriction, which he says limits domestic transactions to the Iraqi dinar. If fully implemented, such a policy would naturally increase demand for the national currency, reduce reliance on foreign currencies within Iraq, and reinforce the dinar's role throughout the country's banking and commercial sectors.

Finally, when asked about the possibility of a 1:1 exchange rate, Aki states that it could be introduced whenever the authorities decide. His view is that once the monetary reforms, currency usage, and market conditions are aligned, the timing of such a move becomes an administrative decision rather than a technical limitation.

Overall, Aki's perspective is that Iraq's monetary reforms are progressing toward a stage where market forces, exclusive domestic use of the dinar, and central bank policy work together, potentially allowing the exchange rate to respond much faster than in the past.

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🌍🇮🇶 Iraq Takes Another Step Toward Global Integration! A Hopeful Sign for Those Waiting for the Iraqi Dinar RV? 💵

🌍🇮🇶 Iraq Takes Another Step Toward Global Integration! A Hopeful Sign for Those Waiting for the Iraqi Dinar RV? 💵✨

Iraq's Minister of Trade, Mustafa Al-Ani, confirmed that the meetings in Washington focused on strengthening the economic partnership between Iraq and the United States, attracting more U.S. investment, and reactivating existing trade agreements.

One of the most significant topics was Iraq's request for U.S. support for its accession to the World Trade Organization (WTO). According to the minister, Iraq has already met all the technical requirements and is now awaiting the organization's final decision.

The Iraqi delegation also met with American companies and the U.S. Chamber of Commerce to promote new investments, particularly in strategic sectors such as agriculture and trade.

📈 Why Is This Encouraging for Those Waiting for the Dinar RV?

While this news does not announce a revaluation of the Iraqi dinar, it strengthens the broader picture that many long-term dinar investors have been watching.

✅ Iraq's push to join the WTO shows its continued commitment to becoming a more open, transparent, and globally integrated economy.

✅ U.S. support for Iraq's WTO membership could boost international investor confidence and encourage greater foreign investment.

✅ Renewed trade agreements and growing interest from American businesses indicate that Iraq continues laying the foundation for a stronger and more competitive economy.

✅ This development also complements other recent reforms, including budget modernization, financial system digitization, and banking sector improvements—steps many believe are part of Iraq's long-term economic transformation.

🌟 For those waiting for the Iraqi dinar RV, this can be viewed as another positive piece of the puzzle. While it does not confirm an imminent currency revaluation, it highlights Iraq's continued progress toward economic reform and deeper integration into the global financial and trading system—developments many investors consider essential for any future monetary change.

Patience remains important, but every step toward a stronger, more globally connected Iraq gives investors another reason to remain optimistic.

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#Iraq #IQD #Dinar #RV #WTO #EconomicReform #GlobalTrade #Investment #BankingReform #Finance #IraqiDinar #EconomicGrowth 🌍💚

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MOT: Talks in Washington Focused on Partnership and Supporting Iraq's Accession to WTO

Washington – INA

Minister of Trade Mustafa al-Ani confirmed on Wednesday that the talks at the White House focused on economic cooperation and the future partnership between Baghdad and Washington. He also indicated that discussions are ongoing regarding Iraq's accession to the World Trade Organization.

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Al-Ani told the Iraqi News Agency (INA): "One of the most important aspects of the visit was the meeting at the White House between Prime Minister Ali al-Zubaidi and US President Donald Trump, during which several issues related to cooperation and the future partnership between Iraq and the United States were discussed, in addition to exploring ways to cooperate and remove obstacles facing American investors."

He added that "the official government delegation includes a select group of Iraqi business leaders with the aim of strengthening communication between the Iraqi and American private sectors. A meeting will also be held with the US Chamber of Commerce to discuss a number of shared issues."

He noted that "the delegation concluded meetings with a number of American companies to discuss prospects for future cooperation, particularly in areas that benefit Iraqi farmers. It was agreed that ideas would be presented clearly for study, discussion, and practical action."

He added that "the Minister of Trade heads the Iraqi side of the US-Iraq Business Council, specifically regarding Iraqi businesspeople. Discussions will also focus on reactivating and implementing agreements signed between Iraq and the United States."

He affirmed that "the talks will also include a request for US support for Iraq's accession to the World Trade Organization, as Iraq has fulfilled all the necessary requirements and is awaiting the organization's decision on its membership."

https://ina.iq/en/economy/50427-mot-talks-in-washington-focused-on-partnership-and-supporting-iraqs-accession-to-wto.html