The era of the digital republic has begun. Iraq is cashless, and the Central Bank imposes its authority as the "ruler of the country."link to My FX Buddies Blog

Iraq is changing how money works—and it’s a big deal! The government and the Central Bank are making everything more digital. That means instead of using cash, people are using cards and apps to pay for things.

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Why? Because Iraq is facing a money crunch, and leaders believe digital payments will help keep things stable. Experts say the Central Bank is now more powerful, guiding the economy by managing how money moves—without needing to print more.

But it’s not just about tech. If this change happens too fast, it might cause problems—especially for people in areas without easy access to banks.

This video explains:

• Why the Iraqi dinar is going digital

• What it means if you hold dinar

• How this could change Iraq’s economy forever

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