Friday, September 19, 2025

๐Ÿฆ CBI announced the revaluation (RV) of the Iraqi dinar.

๐Ÿ“ˆ Goal: align Iraq’s banking system with international standards.

๐Ÿ‘จ‍๐Ÿ’ผ PM Sudani confirmed a special committee for banking reforms.

๐Ÿ’ฐ Part of the plan: removing 3 zeros from the dinar to simplify transactions.

๐Ÿค” Question: why align with international standards while still at a program rate?

๐Ÿ”‘ Currency alignment with global standards usually signals big reforms ahead.

๐Ÿ“ข Analyst Frank26 notes Iraq is making more progress than is publicly revealed.

No comments:

Post a Comment

Latest News & Analysis

⚡ Iraq’s Turkmen gas import plan via Iran collapsed under U.S. pressure

๐Ÿ›ข️ Proposed in 2023: Turkmenistan → Iran → Iraq gas flow. ๐Ÿšซ Deal risked breaching U.S. sanctions on Tehran, so Washington withheld consent...