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[Iraq boots-on-the-ground report]
OMAR: We got a little cautious because maybe it's just a trip. Sudani went over to see Biden and he took a bunch of businessmen with him. There was no rate change.
FRANK: When Zaidi tells you he has a plan to completely change your economy he's trying to tell you what he's going to show Trump. 1 to 1 is definitely the boldest reconstruction of your economy. Without it you have no future for your economy...He's coming to inform Trump of what Trump demanded from him...
I'm not assuming just because Z is coming to see Trump that we're going to see a new rate...But when Z returns back to Iraq that's when I hope or before he goes to see Trump...
OMAR: Iraq admits to going to forex...This is on Channel 7...Iraq moves towards transforming into an international digital corridor...
FRANK: You can't do this at a sanctioned program rate. Forex has never touched your dinar...It can't be at 1300 and be on forex. I'm not stupid and neither are you. This is tremendous news.
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Frank26
This happened on June 18th...Iraq admits going to Forex. If you're at 1300 right here [in left hand] and this is Forex [right hand] and you're headed in that direction [hands together] then I really like what I'm seeing...Whatever the case is, it's good news. Let's see what happens...That is a really big accomplishment...Forex has nothing to do with 1300...
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Iraq's Foreign Minister Fuad Hussein reaffirmed that Iraq maintains strong relations with both the United States and Iran, while emphasizing that the country remains firmly opposed to war.
🔹 Iraq described its relationship with Iran as historic.
🤝 Officials held extensive talks on the ongoing regional conflict and diplomatic efforts.
🚢 Iraq acknowledged that the conflict and the closure of the Strait of Hormuz created a serious economic challenge for the country.
📜 The minister stressed the importance of implementing the Iran–U.S. Memorandum of Understanding (MOU).
🌍 Iraq also called on all countries in the region to work together to preserve peace and regional stability.
As Iraq continues pursuing diplomacy and economic stability, regional developments remain an important factor to watch.
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#Iraq 🇮🇶 #IraqNews #MiddleEast #Geopolitics #Economy #RegionalStability #OilMarkets #Dinar #IQD #GlobalNews
Mnt Goat ...to change out the currency to the lower denominations...they will need to get a higher rate to the dinar as at 1/6 of a pen...