IRAQI BANKS

Ariel

@Prolotario1

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Dinar SitRep: you have to understand it. When Iraqi banks establish relationships with international banks, their connectivity with the global financial system improves. This greater integration allows Iraq to participate more effectively in international trade and finance. As these banks establish connections, they gain access to the foreign exchange markets, including the Forex (foreign exchange) market. Being part of the Forex market allows Iraq to facilitate currency exchange, attract foreign investments and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as greater participation in global financial markets often leads to better management of currency values. Overall, collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in reforming its banking sector. Do you understand how monumental it is for the US Treasury to confirm this today on Christmas Eve? Did you know that the dollar exchange rate is stabilizing and the parallel market is reaching the official price? Being part of the Forex market allows Iraq to facilitate currency exchange, attract foreign investments and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as greater participation in global financial markets often leads to better management of currency values. Overall, collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in reforming its banking sector. Why do you think I kept reminding everyone that on January 1 Iraq will only use its currency? Don't you think they will need all the help they can establish by connecting with other foreign markets to facilitate trade and strengthen their currency? And here's the trick. Iraq will leave with a fixed rate, not a floating one. Do you know what this means? They will cost you 3-4 dollars. If you have 4 million in IQD. Guess how much you will have the morning it appears on Forex? 12-16 million dollars. Talk about making a profit. The other part of this plan is that investing will be easy for you. Because soon we will be on a gold standard. Your money will grow with the market without the fluctuations of the old system. Companies will have confidence. The banks will be confident. Insurance companies will have confidence. ISO-20022 SOFR Basel 3 Comex 589 Protocol 20 You will have all these tools in the new financial system to protect your money and investments. “You should have more confidence than a basket full of cans.” I didn't even mention Zimbabwe bonds. I didn't even mention Iranian rials. I didn't even mention the Vietnamese Dong. I don't even need the Iraqi dinar. But it is a tool and I will use it. Good luck to all of you. Because you're about to enter a completely different game.