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Prolotario
@Prolotario1
The Digital Dinar: The Road To The Forex Market (External Financial Operation)
These Are Points To Consider For The Current Status Of The Iraqi Dinar
The following operational steps must be completed in sequence to facilitate a successful redenomination and revaluation of the Iraqi dinar at a target parity of $1 USD = 1 IQD:
Phase II Banking Reform Completion & External Validation
• Full FX access restored to all private Iraqi banks upon completion of phase-one reforms (7 banks have already been reinstated).
• Continued public pressure from the Iraqi Private Banks League and CBI to accelerate compliance among lagging institutions.
• Ongoing direct coordination with U.S. Treasury officials and Federal Reserve counterparts to ensure external validation of new banking architecture.
Digital Payment Infrastructure Hardening
• Finalize integration of licensed electronic payment companies into a unified digital payments system.
• Expand adoption of international standards for cross-border operations and card ceilings.
• Ensure full interoperability with Russian/Japanese/South Korean crypto rails as alternative settlement corridors.
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Zero Deletion E*******n
• Implement redenomination by removing three zeros from existing dinar notes (e.g., old IQD10,000 note exchanged for new IQD note).
• Complete internal accounting adjustments across government agencies and commercial enterprises.
• Launch public education campaign to minimize confusion during transition.
Gold/Digital Asset Backing Activation
• Public declaration of gold reserves exceeding 170 tons as explicit backing for the new dinar.
• Introduction of asset-backed digital instruments (CBI-issued stablecoins or tokenized gold) to further reinforce market confidence.
Revaluation Announcement & Forex Integration
• Official announcement by the CBI setting the new exchange rate at or near $1 USD = 1 IQD.
• Immediate opening of forex channels for global trading and settlement.
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• Coordination with IMF/WTO to ensure seamless integration into international monetary system.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/digital-dinar-to-164460301
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