My FX Buddies

Iraq’s economy faces a critical test . For decades, oil revenues link to My FX Buddies blog have carried the country, but experts warn that this rentier system is unsustainable — especially when liquidity dries up and imports outweigh exports. Parliament members and economic experts argue Iraq must urgently: Diversify revenue streams beyond oil Strengthen tax, customs, and insurance sectors Invest...

The Central Bank of Iraq announces the launch of reciprocal money transfer https://www.myfxbuddies.com/2025/09/central-bank-of-iraq-launches-new.html link to My FX Buddies Blogservices via e-wallets, enabling individuals and business owners to conduct their financial transactions with greater speed and flexibility. This means using your digital wallet to pay a business directly. U.S. Examples:Appl...

The United States has issued a serious warning to Iraq: link to My FX Buddies Blog Stop the smuggling of dollars to Iran, or face the possibility of being cut off from the U.S. dollar system. According to exclusive reports, the U.S. Federal Reserve is considering economic sanctions that would choke Iraq’s access to hard currency — a move that could trigger a severe crisis in Baghdad’s financial sy...

Iraq’s financial market is feeling the pressure in 2025. link to My FX Buddies Blog Investor withdrawals and declining deposits are squeezing banks and the Iraq Stock Exchange, which saw monthly trading values collapse from 53 billion to just 22 billion dinars. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq is taking another big step toward a digital economy. link to My FX Buddies Blog Central Bank Governor Ali Al-Alaq confirmed new rules and requirements that push the country toward electronic payments instead of cash . Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.....

Baghdad is preparing to release the sixth month of salaries link to My FX Buddies Blog for Kurdistan Regional Government (KRG) employees — but the transfer may not happen until Sunday . Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . Get a free transcript at: https://r...

A U.S. Congressional delegation has arrived in Baghdad for link to My FX Buddies Blog key talks with Prime Minister Mohammed Shia Al-Sudani, signaling renewed momentum in U.S.–Iraq relations. The delegation, including Republican Representative Darin LaHood and Democratic Representative Steve Cohen, met with Al-Sudani to discuss strengthening ties in energy, investment, and security. The talks also...

Baghdad and Erbil have struck another temporary deal on link to My FX Buddies Blog Kurdistan’s long-running salary crisis. Iraqi Finance Minister Taif Sami has approved the transfer of nearly 950 billion dinars to cover the sixth month of salaries for Kurdistan Regional Government (KRG) employees. But there’s a catch — Kurdistan must first hand over 120 billion dinars in domestic revenue to Baghda...

Lately, speculation has been rising online about investing in the Vietnamese dong Link to My FX Buddies Blog — with claims it could skyrocket in value through a major revaluation. But is this the next big opportunity, or just another risky bet like the Iraqi dinar hype of the past? Financial expert Rupert Carlyon warns that while Vietnam’s peg to the US dollar is under scrutiny, especially with pr...

Iraq is witnessing signs of economic recovery, but challenges remain. Link to My FX Buddies Blog Economist Haider Al-Sheikh explained that while market activity has improved after the Arbaeen pilgrimage, the rising demand for the US dollar is pushing exchange rates higher in Baghdad and Kurdistan. From seasonal factors like winter and school openings, to political uncertainty and US sanctions on I...

The head of Erbil’s Exchange Market Council, Siyamand link to My FX Buddies blog Mawloud , has warned that if current conditions continue, the price of the dollar could climb to 1,500 dinars per $1 in the free market. The problem? Rejected merchant invoices and delays from the Central Bank of Iraq. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s financial foundation is stronger than ever. My FX Buddies Blog Prime Minister’s financial advisor Mazhar Mohammed Saleh confirmed that the Central Bank of Iraq’s foreign reserves provide exceptional stability for the national currency — the dinar. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me...

After more than 20 years of negotiations and challenges , link to My FX Buddies Blog Iraq has completed all the technical files required to join the World Trade Organization (WTO) . Minister of Trade Athir Dawood Al-Ghariri confirmed that this milestone puts Iraq in an advanced position, paving the way for full membership. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash....

Iraq’s Central Bank Governor Ali Al-Alaq has confirmed that link to My FX Buddies Blog foreign transfers are now operating smoothly and seamlessly , marking a significant leap forward for Iraq’s banking and financial system. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . In thi...

Iraq’s currency market has seen renewed movement, link to My FX Buddies Blog fueled by cross-border speculative trading and small commercial activity . According to Prime Minister Mohammed Shia al-Sudani’s financial advisor, Mazhar Mohammed Saleh, the parallel dollar market has thrived on lower bureaucracy, quicker trades, and looser enforcement — but major reforms are on the horizon. Support My F...

The Iraqi dinar is regaining strength Link to My FX Buddies Blog — and with it, citizens are beginning to feel the impact in their purchasing power and daily expenses . According to Prime Minister’s financial advisor Mazhar Mohammed Saleh, the recent decline in the dollar exchange rate on Iraq’s parallel market reflects deeper reforms reshaping the economy. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s banking sector is stepping into a new era. link to My FX Buddies Blog Rafidain Bank has signed a strategic partnership with K2 Integrity , a global leader in compliance and financial crime prevention — a move that signals Iraq’s serious intent to reform, modernize, and rejoin the international financial system. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$ti...

Iraq’s dollar exchange rate has been under heavy pressure — link to My FX Buddies Blog but according to financial researcher Mustafa Akram Hantoush, there is a clear path to restoring stability. The key? Banking reform and dismantling the parallel market. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠ . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tish...

Iraq is rolling out the welcome mat for investors — with over $70 billion in new projects already in motion. Improved security, stable oil revenues, and a strong Iraqi dinar exchange rate are fueling confidence in the country’s economic future. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.. . ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

There are no plans to devalue the Iraqi dinar against the US dollar. link to My FX Buddies Blog The Iraqi government is setting the record straight — In this update, we break down the official statements from Prime Minister’s Economic Advisor Mazhar Mohammed Salih, explaining why Iraq’s strong foreign currency reserves, oil-backed economy, and long-standing exchange rate policies mean the dinar’s...

Iraq has already collected over 60 trillion dinars in the first link to My FX Buddies Blog half of 2025 — yet the Ministry of Finance has postponed submitting the federal budget schedules. What does this mean for salaries, development projects, and the country’s economic future? Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ http...

Iraq’s economy is showing major signs of strength as inflation drops below 3% — link to My FX Buddies Blog the lowest in years. According to the Prime Minister’s financial advisor, this remarkable progress reflects the success of government and monetary policies that have brought calm to currency markets and improved overall economic performance. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Kurdistan’s public employees are still waiting for their link to My FX Buddies Blog salaries — and patience is running out. In this episode, we break down why the Iraqi Council of Ministers failed to address the issue in its latest session, the political and legal battles stalling payments, and how this crisis is impacting ordinary citizens. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ h...

💱 Iraq is stepping into the digital future! Parliament Speaker Mahmoud Al-Mashhadani has met with top global and Iraqi experts to discuss digital currency legislation and the transformation of Iraq’s financial markets. From lessons learned in the U.S. and UAE to direct talks with Iraq’s Central Bank Governor, this meeting could be the spark that launches Iraq into the digital economy era . Suppor...

Iraq is stepping into the future — and it’s all about digital payments . link to My FX Buddies Blog In a powerful speech at the Comprehensive Transformation of Electronic Payments Conference, Central Bank Governor Ali Mohsen Al-Alaq outlined Iraq’s strategic plan to modernize its economy through secure, efficient, and transparent electronic payment systems . Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...