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Prolotario
@Prolotario1
Do You Know What Was Just Announced?
Translation: This is Iraq’s official invite to American banks to plug directly into its financial system, which ends the isolation that kept the dinar suppressed and unlocks foreign capital inflows that can only settle at a market-reflective rate.
American bank entry forces correspondent banking upgrades, SWIFT normalization, and institutional creditworthiness that the program rate was never designed to support, meaning the rate must adjust to sustain those relationships.
For dinar holders, this is the infrastructure guarantee that your physical IQD will have a direct, bankable path into the global financial system at whatever the revalued rate publishes because no American bank is wiring dollars into Baghdad to trade at 1,310.
Do you not understand what they are telling you indirectly?
You will get to walk into these American banks with your Iraqi Dinar and exchange at any given rate.
They are now preparing for your attendance.
The recent news by Iraq isn’t a press release about future hopes it’s a documented diplomatic action hosted by Iraq’s Permanent Mission to the UN in New York, which means it carries the full institutional weight of the Iraqi government, not some ministry spokesman floating a trial balloon.
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American banks don’t send representatives to UN-hosted roundtables for countries they consider financial pariahs; they show up when they’ve already seen the regulatory road map and want first-mover advantage on integration deals.
If the dinar were staying at program rate indefinitely, no U.S. financial institution would waste a Tuesday afternoon discussing correspondent relationships with Rafidain and TBI because the spreads wouldn’t justify the compliance overhead.
The fact that they did show up tells you the rate adjustment is baked into the timeline, and the banks are positioning for the settlement corridor, not the press conference.
Source(s):
• https://x.com/Prolotario1/status/2103271400211685558
• https://x.com/Prolotario1/status/2103285362596474886
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