๐ Goal: align Iraq’s banking system with international standards.
๐จ๐ผ PM Sudani confirmed a special committee for banking reforms.
๐ฐ Part of the plan: removing 3 zeros from the dinar to simplify transactions.
๐ค Question: why align with international standards while still at a program rate?
๐ Currency alignment with global standards usually signals big reforms ahead.
๐ข Analyst Frank26 notes Iraq is making more progress than is publicly revealed.
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