Friday, May 16, 2025
FRANK26: "THE NEW EXCHANGE RATE REACHES FOR THE SKIES IN IRAQ"
KTFA
FRANK26: "THE NEW EXCHANGE RATE REACHES FOR THE SKIES IN IRAQ".......F26
Construction begins on Baghdad View, Iraq’s largest vertical residential city
5/12/2025
Baghdad –
Construction has commenced on “Baghdad View,” set to be Iraq’s largest vertical residential city, featuring over 200 towers, each 20 stories high. The massive development is strategically located on Baghdad International Airport road, adjacent to the American University and Al-Bayan University, within the Al-Ukhuwa Residential City project.
“Baghdad View” will offer diverse housing options, including studio apartments (a first for Baghdad) up to three-bedroom units, all with views of the Presidential Palace lakes or the city. Units are available at subsidized prices of approximately $930 per square meter (at the Central Bank exchange rate), with easy payment plans and interest-free mortgages offered by the developer.
The project promises a fully integrated community with extensive amenities. These include vast green spaces and water features, schools, a hospital, medical and shopping centers, a commercial promenade with popular restaurants and cafes, a sports club with pools and courts, dedicated children’s play areas, and tracks for walking, jogging, and cycling, alongside essential services like a fire and police station.
TIDBIT FROM FRANK26
Frank26
Watch the CBI open up to the new exchange rate once Donald Trump is done with Iran...Iran is the reason why you don't have the new exchange rate...Iran is doing the right thing...I want you to watch Trump deal with Iran and when he does, watch what the CBI does right after that.
What happens if we have security and stability against the banking system in Iraq?
What happens to your dinar? It would equal a new exchange rate because that's the target...
Security and stability will bring forth a new exchange rate of the Iraqi dinar but it has to be a specific security and stability precisely from Iraq. To see what Trump is doing right now is the supreme example of security and stability.
FRANK26: "SECURITY & ECONOMIC STABILTY!!!"
KTFA
FRANK26: "SECURITY & ECONOMIC STABILTY!!!".F26
The Arab Summit in Baghdad and Joint Arab Economic Cooperation
5/13/2025
The 34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the
world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China, which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.
All of the above factors make Iraq, which is witnessing security and economic stability, enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries. This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.
Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar. The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war. What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.
Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs. This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.
The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions. Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects.
DINAR EXCHANGE 💱 Iraqi Dinar May 2025 Update 🇮🇶
DINAR EXCHANGE
Iraqi Dinar May 2025 Update 
Official rate: 1,320 IQD/USD 
Digital Dinar rollout accelerating
Reval rumors flying — $_______ IQD?
(No official confirmation)
CBI focused on stability & modernisation — but the RV crowd’s still watching... 
Subscribe to:
Comments (Atom)