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Frank26
[Iraq boots-on-the-ground report]
OMAR: Television says our dinar [market rate] has gained 3.66% in just 17 days...that isn't normal.
It's really really looking good.
It's growing fast.
FRANK: it's so exciting to see the evidence of your currency gaining value as the American dollar is being used less and less inside of Iraq.
The gap is closing.
The black market is going away so you can reach the 1 to 1.
I've been waiting for this evidence to start. It looks like it started way before July 10th...It is moving at an incredible speed.
The black market is dying.
It automatically gives birth to the value of the Iraqi dinar the sovereign currency of its country.
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CHANNEL8
The Central Bank of Iraq (CBI) held an expanded meeting on Tuesday with licensed electronic payment providers to accelerate the nation’s digital financial transformation, strengthen financial inclusion, and curb card misuse.
The Central Bank of Iraq (CBI) held an expanded meeting with licensed electronic payment companies to accelerate Iraq's digital financial transformation. The initiative focuses on expanding electronic payments, increasing financial inclusion, strengthening banking services, and preventing card misuse and fraud.
💳 As digital payments continue to grow, more Iraqis are using the Iraqi Dinar within the official banking system instead of relying on U.S. dollars in the parallel market.
🏦 This is exactly the direction the CBI has been working toward—bringing more money into the banking system, reducing dependence on cash and the parallel market, strengthening confidence in the dinar, and increasing transparency across Iraq's financial sector.
✨ Every banking reform builds a stronger financial foundation. The modernization of Iraq's payment system is another important piece of the puzzle as the country continues implementing its long-term monetary and economic reforms.
🧩 Keep connecting the dots... every step appears to move Iraq closer to a stronger and more stable financial future.
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#Iraq #IQD #IraqiDinar #CBI #DigitalPayments #BankingReform #FinancialInclusion #EconomicReform #RV #DinarInvestors #FinancialReform
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CHANNEL8 Iraqi Prime Minister Ali Faleh al-Zaidi announced during the Coordination Framework meeting that the formation of the national gov...