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Prolotario
@Prolotario1
Iraqi Dinar Update: Part 2 (And Other Info) Ripple News
Updated Probable Sequence of Events re: Iraq – June 2026 Perspective
The original 2025 outline from Stephanie Starr back in 2025 https://x.com/i/status/195452984541044758 laid out a logical, phased roadmap for Iraq’s currency strengthening based on how other nations have handled similar transitions, combined with Iraq’s unique oil-dependent reality. That framework still holds as a strong skeleton, but the ground has shifted noticeably in the past 10–11 months.
We’re now deep into operational e*******n rather than pure planning. Starlink’s nationwide license approval, the aggressive cashless mandate targeting early July 2026 for government institutions, the new Central Bank Governor with deep AML/TF roots, ongoing HCL negotiations, and gold reserve building are all accelerating the timeline while adding real compliance teeth.
We know no magical overnight flip has occurred at this time as the official rate hovers around 1,300 IQD per USD for budgeting purposes but the infrastructure, legislative pressure, and international alignment point to a controlled strengthening and redenomination path rather than the old static limbo. But we also have a new CBI Governor who has an entire different playbook.
Stage 1 – Final Banking Reform & Compliance Lock-In (Largely Complete / Ongoing)
Current Status: This phase is well advanced. The Central Bank of Iraq (CBI) has pushed private banks to meet capital and compliance thresholds. Electronic payment systems are scaling rapidly, with trillions already flowing through e-wallets, POS, and instant rails.
Starlink’s license (welcomed publicly by PM Ali al-Zaidi and U.S. Envoy Tom B*****k) provides the critical satellite backbone for remote oil fields, border zones, and rural banking outposts where terrestrial infrastructure was always vulnerable to sabotage or graft.
Stage 2 – Market Preparation & Stabilization (Accelerating)
Current Status: Tightened dollar supply, public education on digital payments, and gold reserve growth (over 170 tons and climbing) are all visible.
Cashless mandates for government institutions target early July 2026 Interior Ministry already largely dark on cash, with others following. Starlink fills connectivity gaps so remote ministries and oil infrastructure can log and settle in real time.
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https://www.patreon.com/Prolotario1/posts/iraqi-dinar-part-161558949
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