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CHANNEL8
Prime Minister Ali al-Zaidi will lead a high-level ministerial delegation to Tehran on Thursday following an official invitation from the Iranian presidency, Government Spokesperson Haider al-Aboudi announced Wednesday.
Iraqi Prime Minister Ali al-Zaidi will lead a high-level ministerial delegation to Tehran on Thursday following an official invitation from the Iranian presidency.
📌 What's the purpose of the visit?
According to the Iraqi government, the two countries will discuss ways to strengthen bilateral relations and are expected to sign several agreements covering:
✅ Security cooperation.
✅ Trade and investment.
✅ Economic partnerships.
✅ Border coordination.
✅ Regional stability.
This visit is especially significant because it comes just days after Al-Zaidi's high-profile trip to Washington, where Iraq reached major agreements with the United States. Now, Iraq appears to be continuing its balanced foreign policy by maintaining constructive relations with both Washington and Tehran while advancing its own national interests.
💭 My opinion:
I see this visit as Iraq putting the "dots on the i's and crossing the t's" with Iran. More importantly, I believe Iraq is making one message crystal clear: the Iraqi government will maintain exclusive control over Iraq's national security and sovereign decisions. That is exactly what a strong and independent nation should do.
As investors, we've been watching Iraq strengthen its institutions, modernize its banking system, improve regional relationships, and build greater political stability. Every diplomatic move like this reinforces the image of a country focused on long-term stability and economic growth.
🚀 A stronger, more sovereign Iraq creates a stronger foundation for the country's ongoing economic and financial reforms.
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#Iraq #AliAlZaidi #Iran #Sovereignty #NationalSecurity #EconomicReforms #CBI #IraqiDinar #IQD #DinarNews #MiddleEast #FinancialReform #EconomicGrowth #Stability
CHANNEL8
Iraqi economic expert Haider al-Sheikh told Channel8 that the exchange rate per $100 dropped by 4,000 to 5,000 Iraqi dinars, falling from 155,000 to around 150,000 dinars, adding, “Therefore, I predict that in the coming days, the price per 100 dollars will witness a further decline to between 148,000 and 149,000 dinars.”
Read more:
https://channel8.com/english/news/61795
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Another positive step for Iraq's monetary reforms! 🇮🇶
Economic expert Haider al-Sheikh reported that the parallel market exchange rate improved by 4,000–5,000 IQD per $100, dropping from 155,000 IQD to around 150,000 IQD per $100. He also predicts it could strengthen even further to 148,000–149,000 IQD per $100 in the coming days. 📉
This means the U.S. dollar continues to lose value in the parallel market while the Iraqi dinar gradually gains strength, helping narrow the gap between the parallel market rate and the official CBI exchange rate—a major objective of Iraq's monetary reforms. 🏦
What really stands out is the constant flow of news about the Iraqi dinar, the parallel market, and the Central Bank of Iraq's successful banking reforms. Since Al-Zaidi and the Iraqi government's visit to Washington, it feels like something has changed. There has been a steady wave of optimism, with almost daily reports highlighting the CBI's progress in expanding digital banking, reducing reliance on the parallel market, and gradually strengthening the dinar.
I absolutely love what I'm reading. The pieces keep coming together, and every reform appears to be moving Iraq closer to a stronger, more stable financial system.
We're getting closer. 🌅✨
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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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1771
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CHANNEL8 Al-Zaidi and Pezeshkian presided over the signing ceremony of four comprehensive bilateral agreements designed to deepen strateg...