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. Ariel [Post 1 of 2….stay tuned]
