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Prolotario
@Prolotario1
On Your Mark, Get Set, ASYCUDA: Iraq On Their Way Back To The Global Table (Forex Market Preparation)
You Are Seeing Movement That Can Only Mean One Thing
Iraq positioning the dinar for forex market participation is the quiet revolution that changes everything.
Here Is What You Need To Know
Once redenomination happens (removing the three zeros) and the currency gains real usability, the path to floating on international forex platforms becomes viable. This isn’t about wild volatility or casino-style trading. It’s about controlled, monitored entry into global exchange mechanisms where supply, demand, and real economic fundamentals drive value instead of fixed auctions and political whims.
The new AML-hardened Governor, Starlink connectivity, ASYCUDA customs automation, and ISO 20022/Ripple rails create the transparency backbone required for credible forex participation. Legacy players who benefited from opaque dollar auctions and offshore parking are about to lose their favorite playground.
Why This Matters On A Deeper Level
Forex trading for the dinar would mean genuine market discovery investors, institutions, and sovereign funds able to hold and trade it directly. Combined with gold collateral (170+ tons), stabilized oil revenue via HCL, and diversified income from projects like the Path of Civilizations corridor (Asia-Europe digital and physical artery with Qatari GBI involvement), the dinar gains organic demand drivers.
Post-redenomination starting around 0.62, a managed float toward higher territory (functional 1:1 parity over time in-country) becomes realistic as stability compounds. This directly challenges the old merchant banking model that preferred managed weakness and dependency.
The Convergence Is B****l For The Old System
• Starlink covers remote oil fields and borders for real-time production and customs data.
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• ASYCUDA (July 10 implementation) standardizes trade flows between Baghdad and Erbil.
• Ripple/ISO 20022 expansion across 25+ banks by month’s end forces structured transparency on every cross-border transaction.
• The new Governor’s AML background ensures enforcement.
• Cashless government mandate by early July turns policy into daily reality.
• HCL final agreements lock oil revenue clarity.
All of this infrastructure makes forex entry credible instead of another failed experiment.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/on-your-mark-get-162091700
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