Ariel
@Prolotario1
Signed Sealed & Delivered: The Oil Agreement That Changes Everything (Iraq On The Verge)
People I will go so far to say that Iraq cannot implement the trilateral oil agreement without integrating the Iraqi Dinar (IQD) into the Forex market, as this step is essential for ensuring currency convertibility, reserve credibility, and international enforceability of the deal. I do not see how this can happen without listing their currency on the Forex.
[…]
American Iraqi Dinar holders have been waiting since 2005 for a big change in Iraq’s currency value, often called a revaluation or RV. Back then, after the fall of S****m Hussein, many believed the Iraqi Dinar would bounce back to a stronger rate, like it had before the wars. People bought dinars hoping for huge gains, but delays from political fights, c********n, and oil issues kept it stuck at around 1,300 dinars to one U.S. dollar. This wait has been tough, with scams and false rumors along the way. Now, with recent news of a trilateral oil deal between the Kurdistan Regional Government, the Iraqi government, and oil companies, it feels like the pieces are falling into place. Holders should pay close attention because this could finally unlock the stability Iraq needs to make that rate change real.
[…]
Think about Iraq first Baghdad’s economy is basically a black gold faucet, 90% of its budget from oil, and this two-state breakthrough dials down the chaos that’s kept the spigot half-shut. Regional stability means no more proxy flare-ups choking the Strait of Hormuz or j*****g up shipping costs; oil flows smoother, prices steady out, and Iraq’s exports already ramping with that KRG deal hit global markets without the usual sabotage or sanctions drama. That extra revenue? It floods the CBI’s reserves, already hovering at $100 billion, giving them the muscle to defend a stronger dinar rate instead of propping up the weak 1,300-to-dollar peg that’s been a joke on the streets. We’ve seen how tensions spike volatility remember ’23 when Houthi nonsense tanked Brent crude? This summit eases that, letting Iraq e*****e its $153 billion ’25 budget without the usual fiscal heart attacks, unlocking salaries and reforms that scream “RV ready” to the IMF and investors.
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https://www.patreon.com/posts/signed-sealed-on-139488519
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