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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
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🌍🇮🇶 Why Trump's "New Middle East" Vision Could Matter for Iraq
📢 A political analyst says President Donald Trump wants Baghdad to become the gateway to a "New Middle East" strategy, positioning Iraq as a key regional partner for economic and geopolitical development.
💡 Why are some IQD investors paying attention?
✅ Iraq remains strategically important to the United States. A stronger partnership could encourage greater political stability and long-term economic cooperation.
🏗️ More investment opportunities. If Iraq plays a larger regional role, it could attract increased investment in infrastructure, energy, banking, and trade.
📈 A stronger foundation for economic reforms. Many believe that lasting monetary reforms are more likely when Iraq has stable international relationships, a growing economy, and increased investor confidence.
🤝 Closer U.S.–Iraq cooperation could support Iraq's continued integration into the global economy and reinforce the broader reform agenda already underway.
✨ While this is the opinion of a political analyst—not an official policy announcement—it highlights Iraq's growing strategic importance and why many continue to watch the country's political and economic developments closely.
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POLITICIAN: TRUMP SEEKS TO MAKE BAGHDAD THE GATEWAY TO THE NEW MIDDLE EAST PROJECT
Political analyst Atheer al-Sharaa believes that US President Donald Trump is seeking to make Baghdad a gateway to the New Middle East project by imposing his dictates to serve the American agenda.
Al-Sharaa told Al-Maalouma that “US envoy Tom Barrack briefed Prime Minister Ali al-Zaidi on what Trump wants from Iraq in the coming phase, prior to al-Zaidi’s upcoming visit to Washington.”
He added that “the United States is striving to make Iraq subservient to its demands and interests in the coming phase, and in return, it will pay increased attention, especially since Trump has a New Middle East plan and seeks to make Baghdad the gateway to this project, which he has championed since 2020.”
He explained that “there is an American plan aimed at controlling all of Iraq through this project, especially since Washington is holding onto the economic card with Iraq, where Iraqi oil is sold and the proceeds are deposited in the US Federal Reserve.”
🇮🇶 Iraq acknowledges a move toward the Forex market.
💻 Reports indicate Iraq is working to become an international digital financial corridor, supporting its broader banking and economic modernization efforts.
🌍 The goal is greater integration with the global financial system through digital infrastructure and international financial connectivity.
📈 Frank's opinion: He argues that Iraq cannot realistically participate in the Forex market while the dinar remains at the current official program rate of 1,310 IQD per USD.
💬 His interpretation: If Iraq is preparing for Forex participation, he believes it would eventually require a different exchange-rate framework.
⚠️ Important: This is Frank's analysis and opinion, not an official announcement from the Central Bank of Iraq. There has been no official confirmation that the Iraqi dinar is about to be listed on Forex or that a revaluation has been announced.
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#Iraq #IQD #IraqiDinar #Forex #CBI #EconomicReform #BankingReform #IraqNews #FinancialReform
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MP Dilan Ghafoor confirmed that the Iraqi government is actively working on the national budget draft, adding that next year's fiscal la...