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 Detailed Highlight Summary:
No major RV revelations today, but Iraq is steadily progressing toward economic sovereignty and financial reform.Â
The dinar remains pegged to the US dollar, keeping Iraq’s economy under close watch and influence by the US Treasury and Federal Reserve due to the importance of the petro-dollar.
Recent CBI announcements show efforts to control Iraq’s parallel currency market, aiming for a unified official rate (around 1320), a key step before the planned Project to Delete Zeros.Â
This project represents a major currency revaluation and economic diversification—not just a cosmetic change like Iran’s zero deletion, which is driven by hyperinflation and sanctions.
Kurdistan’s internal disputes are causing delays but oil production continues, with the KRG beginning to comply with agreements to hand over oil revenues to Iraq’s central government, signaling progress.
 Meanwhile, Iraq’s 2025 budget process is stalled due to low oil prices, pushing preparation to 2026, but this isn’t a crisis—projects will simply roll over.
China’s growing presence in Iraq’s oil infrastructure, including a $2.5 billion offshore pipeline project, signals a shift in international influence, with the US closely monitoring to protect its interests.
Unlike Iran’s economy, burdened by sanctions and hyperinflation, Iraq is rebuilding from war with controlled inflation and aims for a stable, diversified economy.Â
The upcoming currency reform will move Iraq from a dollar peg to a basket of currencies, contributing to a global financial reset in which Iraq will play a key role.
Political corruption and US debt issues remain obstacles, but ongoing arrests and reforms show a serious push toward financial stability.Â
Beware of false RV rumors and scams—real progress requires patience and understanding of the complex global financial landscape.
Stay tuned and prepare for the transformational changes ahead!
#IraqDinar #RVUpdate #CurrencyRevaluation #GlobalReset #EconomicSovereignty
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