Sunday, October 26, 2025

⚠️ “Foreign Banks Controlling Iraqi Banks: Is the Law Being Broken? 💰”

 ⚠️ “Foreign Banks Controlling Iraqi Banks: Is the Law Being Broken? 💰”

💥 Key Highlights from Al-Mustaqilla Report (Oct 23, 2025):

  • Foreign Control Alert: Investigations reveal foreign banks hold stakes in Iraqi banks exceeding legal limits, potentially violating Iraqi law. 🚨

  • Major Examples:

    • National Bank of Iraq: Jordan Capital Bank 62%, Cairo Amman 9.9%, Arcadia Fund 5%

    • Al-Mansour Iraqi Bank: Qatar National Bank 54%

    • Bank of Baghdad: Kuwait Jordan Bank 52%

    • Arab Bank of Iraq: Arab Bank of Jordan 63.77%

    • Iraqi Credit Bank: National Bank of Kuwait 92%

    • Iraqi Commercial Islamic Bank: Kuwait Finance House 85% 🏦

  • Implications: High foreign ownership threatens Iraq’s economic sovereignty and limits banks’ ability to make independent decisions. ⚖️

  • Call to Action: Observers urge review of banking laws, strict oversight, and balance between foreign investment and national financial control. 🔍

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    💸 Iraq’s Central Bank Pushes Financial Inclusion for a Sustainable Future 🌍✨

    📅 October 23, 2025 – His Excellency Mr. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq, highlighted that financial inclusion is a cornerstone of sustainable economic and social development. By enabling citizens to access formal financial services, Iraq aims to boost social justice, trust in banks, and economic stability.

    🏦 Speaking at the Financial Inclusion Conference at Duhok University, he outlined the National Financial Inclusion Strategy 2025–2029, focused on:

    • ✅ Expanding access to financial services

    • ✅ Empowering women and youth

    • ✅ Transitioning to digital payments

    💡 The Central Bank is also investing in digital payment infrastructure, supporting financial innovation, and promoting financial literacy in collaboration with universities.

    📊 The conference featured a large exhibition of banking and non-banking institutions, plus deep discussions on the impact of financial inclusion on monetary policy, fiscal policy, and economic growth.

    📢 In related news, Global Finance highlighted Iraq’s priority to modernize its underdeveloped banking system, reduce cash dependency, and channel credit toward strategic sectors like agriculture and industry. Efforts include new digital banking regulations and stronger measures against money laundering and illicit flows.

    🔗 Read more from the Central Bank: cbi.iq
    🔗 British report on Iraq banking reforms: shafaq.com

    🚀 Key takeaway: Iraq is moving toward a digital, inclusive, and resilient financial future, with the Central Bank leading the charge! 💳🌐

🌐 Read full article: mustaqila.com

🌐 Follow for more updates on Iraq’s economy & banking:

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🔥 “Iraq’s 50 Dinar Note Is Back! What It Means for the RV 💵”

🔥 “Iraq’s 50 Dinar Note Is Back! What It Means for the RV 💵”

💥 Highlights from L Frank26 & Firefly Report:

  • 50 Dinar Note Released: Iraq officially released the new 50 dinar note, sparking excitement across the community. 🎉

  • Lower Denominations Pending: The 1 and 5 dinar notes have not been issued yet—still to come. ⏳

  • Reinstatement Alert: Frank points out this 50 note was canceled back in 2015—now it’s back, signaling a potential new exchange rate. 🔄

  • Rollout Insight: This 50 dinar note is said to mark the start of the lower note rollout

    , hinting at further moves soon. 🏦

  • Community Buzz: The news is all over media, and excitement is high among enthusiasts. 🚀


Picture
Guru Frank26's proposed new 50 dinar note.
Dinar Guru Note:  It's unclear if the above 50 dinar note is a new design with subtle differences from the old 50 note shown below, a mistaken identity of a new 50 note with the old 50 note or reactivation of the previously retired 50 note.  Stay tuned as the gurus chime in to determine what's happening with these lower note releases.
Picture
Previous 50 dinar note retired by the CBI.

🌐 Follow for more updates on the Dinar & RV:

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Oil, Investment & Recovery: Iraq’s PM Talks Future with CNBC




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🚀 “Iraq Vision 2050: 2025’s Landmark Achievement!” 🌟

 🚀 “Iraq Vision 2050: 2025’s Landmark Achievement!” 🌟

🌍 Key Highlights:

  • Biggest 2025 Milestone: Launch of Iraq Vision 2050, a pioneering framework for long-term development despite current economic, political, and social challenges. 🏗️

  • Vision vs. Plan:

    • Vision (Iraq 2050): State defines, private sector drives implementation. 🤝

    • Traditional Plan: State-led, executed solely by government institutions. 🏛️

    • Result: Vision encourages collaboration, innovation, and private sector participation. 💡

  • Sustainability Concerns: Upcoming elections may bring a new government—success depends on continued commitment, not just slogans. 🗳️

  • Key Focus Areas:

    1. Infrastructure: Foundation for all Vision projects 🏗️

    2. Foreign Investment: Incentives to attract global partners 🌐

  • Learning from Others: Inspired by Saudi Vision 2030, Iraq aims to leverage international experiences for national growth. 📈

  • Takeaway: Iraq Vision 2050 is seen as the most prominent achievement of 2025, aiming to bring prosperity, reputation, and happiness to the Iraqi people. 🎯

🔗 Full article: alsabaah.iq

🌐 Follow the community for more updates:

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💥 “MarkZ Saturday Update: RV Buzz & BIG Hopes Next Week!” 💥

 💥 “MarkZ Saturday Update: RV Buzz & BIG Hopes Next Week!” 💥

🚀 Highlights from MarkZ & PDK’s Morning Chat:

  • Bank Watch: Bond contacts are monitoring transfers and hope to have spendable cash Monday. Mark is “hesitant but hopeful.” 💸

  • RV Optimism: Mr. C sounded very positive; members are excited that “next week could finally be our week!” 🎯

  • 50 Dinar Update: Nader shared photos; they look like the “cut sheets,” but none are in circulation yet. 🏦

  • Election Countdown: Iraq’s parliamentary elections start Oct 26; ballots are ready for Nov 11. Mark hints a “surprise announcement” could come before elections. 🗳️

  • US-Iraq & Iran News:

    • $9B uncovered in Iranian networks 💰

    • Trump sent a US envoy to Iraq; locals hopeful for stronger US ties 🤝

  • Trump & Asia: President Trump traveling to Malaysia, Japan & South Korea next week—timing seen by some as potentially relevant to the RV. 🌏

  • Community Buzz: Members are speculating on a Dinar revalue up to $7.00. Fingers crossed! 🤞

Mark reminds everyone: these are opinions, not financial advice. Watch the full video for context and consult a professional for financial decisions. ✅

🌐 Stay connected with the community:

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Saturday, October 25, 2025

🚨 RV Update: Iraqi Dinar SKYROCKETS! Chase Bank Shows IQD $7.95 & VND $5.67 💸💥 #iqd

 



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🔥 IRAQ ALERT: Elections, Qaani, and Dinar Turmoil! 💥🇮🇶

🔥 IRAQ ALERT: Elections, Qaani, and Dinar Turmoil! 💥🇮🇶

📌 Shiite Framework Tensions ⚔️

  • Rising disputes within Iraq’s Shiite Coordination Framework over use of state resources in election campaigns.

  • Iranian parties, led by Quds Force commander Ismail Qaani, are stepping in to mediate 🤝 and maintain unity before elections.

  • Talks of Prime Minister Al-Sudani’s second term are early and uncertain 🕒.

📌 Qaani’s Secret Visits 🕵️‍♂️

📌 Iraqi Economy in Crisis 📉💰

  • The Iraqi Dinar lost ~5% of its value in late 2024.

  • Factors: falling cash reserves, dollar demand in parallel markets 💵, and over-reliance on oil.

  • Dollar smuggling and sanctions leniency reduce local USD supply, weakening the Dinar.

📌 Parallel Market Chaos 🌪️

  • 98 trillion IQD traded outside banks, showing low trust in banking.

  • Weak local production + oil dependency make the Dinar vulnerable.

📌 Hope on the Horizon 🌅

  • Government has $100B in foreign reserves and fixed rate of 1,320 IQD/USD.

  • Monetary policies kept inflation under 3% 📊.

  • Focus on diversifying economy, digital economy expansion, and financial inclusion (40% adults now banked).

📌 Experts’ Warning ⚠️

  • Transparency and political stability are crucial to protect the Dinar.

  • Diversifying non-oil hard currency sources is key for long-term stability.

💡 Bottom Line:
Iraq is balancing election tensions, Iranian mediation, and economic pressures. The Dinar’s value, political unity, and economic reform are all at a critical juncture 🚨


📘 Blog: https://dinarevaluation.blogspot.com/
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🏦🇮🇶 CBI CONTACT INSIGHT: IRAQ’S ECONOMIC TRANSFORMATION & THE CONDITIONS BEHIND MONETARY CHANGE 💰📊

🏦🇮🇶 CBI CONTACT INSIGHT: IRAQ’S ECONOMIC TRANSFORMATION & THE CONDITIONS BEHIND MONETARY CHANGE 💰📊 🔎 📌 CORE IDEA FROM THE “CBI CO...