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The recent US tariffs on Iraqi products might look like a link to My FX Buddies Blog setback at first glance — but Iraq sees them as a golden opportunity! Prime Minister’s Advisor for Investment Affairs, Mohammed Al-Najjar, revealed that these new duties could help activate the long-stalled economic agreement between Iraq and the United States. Su pport My FX Buddi es: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cas...

Iraq is losing big — and just 19,000 barrels are at the heart of it all. link to My FX Buddies Blog Despite full readiness to resume oil exports via Turkey's Ceyhan port, a heated dispute between Baghdad and the Kurdistan Regional Government (KRG) has halted crucial exports, costing Iraq nearly 300,000 barrels per day from its OPEC quota. Sup port My FX Buddie s:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.a...

The global trade game just changed — and Iraq is at the center of it! link to My FX Buddies Blog In a surprise announcement, US President Donald Trump has imposed tariffs of up to 30% on imports from 18 countries , including Iraq. But here’s the twist: Iraq’s oil exports — a major driver of its $9 billion annual trade with the US — remain untouched. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://c...

⏰ The clock is ticking! Baghdad and Erbil are locked in a tense standoff with only 48 hours left before a crucial government committee report is issued — a decision that will shape the future of employee salaries and financial relations in the Kurdistan Region. link to My FX Buddies Blog Despite recent negotiations and efforts to resolve deep financial disputes, Kurdistan’s employees haven’t rece...

Text of the Baghdad and Erbil agreement papers on revenues and salaries like and subscribe link to My FX Buddies blog the text of the two agreement papers between the governments of Baghdad and Erbil, which were discussed by the Iraqi Council of Ministers during its session held today, Tuesday. The agreement is part of efforts to resolve outstanding financial issues between the two parties, partic...

Iraq is stepping into a new era of economic stability! link to My FX Buddies Blog According to Prime Minister’s economic advisor Mazhar Mohammed Salih, Iraq has successfully weakened the influence of the parallel (black) exchange market and stabilized inflation by implementing three powerful economic policies . Su pport My FX Buddi es:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠......

Iraq is taking bold steps toward financial independence and modernization! link to My FX Buddies Blog According to economic expert Alaa Al-Fahd, the Central Bank of Iraq's move to establish a national electronic payment company marks a major shift in the country’s financial landscape. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... Get a free transcript at ⁠⁠⁠⁠⁠...

In a pivotal step toward internal monetary independence, link to My FX Buddies Blog the Central Bank of Iraq (CBI) issued an official circular to all banks and electronic payment service providers announcing the commencement of the implementation of the National Card Scheme project. This is a local payment system managed through the national switchboard, completely separate from international plat...

The Central Bank of Iraq (CBI) is stepping up its efforts to protect the integrity of the Iraqi dinar. link to My FX Buddies Blog This week, the CBI launched a three-day workshop in Erbil focused on "Core Standards for Detecting Counterfeit Currency," in partnership with its Kurdistan branch and banking institutions from across the country. While this might sound like routine training, i...

A potential breakthrough has emerged in Iraq’s long-standing oil dispute! link to My FX Buddies Blog Prime Minister Mohammed Shia al-Sudani and Kurdistan Regional Government Prime Minister Masrour Barzani have reached a preliminary agreement on the contentious issue of Kurdistan’s oil exports. During a phone call between the two leaders, they discussed disagreements over oil revenues and Kurdistan...

In this eye-opening video, we dive into a heated discussion link to My FX Buddies Blog between two top Iraqi economic experts, Mahmoud Dagher and Ali Daadoush, about the dangerous divide created by Iraq’s dollar exchange rate gap. What started as an economic fluctuation has turned into a tool for deepening inequality, redistributing wealth from everyday employees and retirees to major merchants, m...

Source: Banking activity in Iraq has stopped link to My FX Buddies Blog An informed source reported that banking activity will be suspended on Tuesday due to the semi-annual inventory procedures. The source told Shafaq News Agency, "Banking activity will cease as a result of the implementation of the semi-annual accounts and budgets, and therefore, there will be no customer reception today.&q...

A high-stakes showdown is unfolding in Erbil as a powerful link to My FX Buddies Blog Iraqi delegation meets with the Kurdistan Regional Government to resolve a major salary crisis that has left doctors, teachers, and government employees waiting over 42 days for their paychecks. With tensions running high, the Kurdish region is stuck in a financial chokehold — protests are erupting, markets are s...

Stay tuned... A high-stakes meeting is set to take place in Baghdad link to My FX Buddies Blog as leaders from the Kurdistan Region and the Iraqi federal government come together to discuss the re-export of Kurdish oil. This expanded meeting, involving top officials like Deputy Prime Minister Fuad Hussein, the Iraqi Oil Minister, and the Minister of Natural Resources from the Kurdistan Regional Go...

In this video, we dive into the latest statement from Iraq’s Parliamentary Finance Committee about the 2025 federal budget. link to My FX Buddies Blog According to MP Jamal Kocher, the upcoming budget tables are expected to be brief, formal, and lacking any major new initiatives — a repeat of what we saw in 2024. Kocher warns that the proposed budget won’t meet the hopes and expectations of the Ir...

“Iraq hasn’t had a moment like this in years — peace in the region, calm in the markets, and a golden opportunity to rise. The only question: will they take it… or let it slip? link to My FX Buddies Blog 🌍 Iraq stands at a pivotal moment — a golden opportunity is here. But will it be seized or squandered? With the ceasefire between Iran and Israel calming regional tensions, Iraq now finds itself...

📉 The dollar is dropping — and the Iraqi dinar is showing signs of strength. Could this be the shift many have been waiting for? link to My FX Buddies Blog After a de-escalation in the Iran-Israel conflict and a visible return to diplomacy in the region, the Sulaymaniyah Stock Exchange is reporting a drop in the USD/IQD market rate — from 148,000 to 141,300 per $100. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠...

US Tensions are sky-high in the Middle East — but President Trump says he’s not looking for a war. link to My FX Buddies Blog After Iran launched 14 ballistic missiles toward the Al Udeid Air Base in Qatar in response to a recent U.S. strike on Iranian nuclear facilities, the world braced for escalation. But Trump’s reaction? Surprisingly restrained. Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash...

Cash Distribution Services on 22nd June 2025 in Tender for the Provision of Cash Distribution Services, via a Framework Agreement (FWA). Tender reference number: IRI2025-0010. Please click to My FX Buddies blog Invitation to Bid 6 page Supplier Code of Conduct Pricing Proposal Previous experience this is a program they have been doing for 5 years but it's the first time I ever saw it and I wan...

🌍 Iraq is quietly laying the foundation for a massive economic pivot — and this time, it’s digital, diversified, and globally focused. link to My FX Buddies Blog In this episode, we break down Iraq’s ambitious new trade development strategy, including: Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Get a free transcript at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://rss.com/podcasts/myfxbuddies/....

Member of Parliament Mohammed Al-Ziyadi confirmed that "the House of Representatives will begin its sessions on Saturday, as part of the final legislative term, after the legislative recess was canceled." link to My FX Buddies Blog He noted that the parliament's agenda includes a number of important laws that are a priority for the next phase. Al-Ziyadi said on Thursday, in a statement seen by Al-...

🌍 The Middle East: Between the Curse of Oil and the Dream of Renaissance link to My FX Buddies Blog For decades, the Middle East has been caught in a cycle of war, division, and dependence. This video explores a deeper truth — that oil, once seen as a blessing, has become a burden fueling destruction rather than prosperity. But what if the region’s salvation isn’t something to wait for — but some...

Iraq is undergoing a quiet revolution — but it’s not happening in the streets. It’s happening online . link to My FX Buddies Blog In this episode, we explore how Iraq’s bold move toward digital government systems is transforming everyday life — from getting passports and driver's licenses to receiving child support and booking appointments. 💻 Citizens report: Faster service (from 6 hours to 20 mi...

As tensions rise between Israel and Iran, Iraq faces more than just political risks — its currency and food security hang in the balance. link to My FX Buddies Blog Support My FX Buddie s:⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠ Get a free transcript at ⁠⁠⁠⁠⁠⁠⁠ https://rss.com/podcasts/myfxbuddies/... In this urgent episode, we break down a powerful warning from economist Othman Karim, who says an...

Parliamentary Finance: The 2025 budget will see a deficit in investment aspects. link to My FX Buddies Blog Al-Kadhimi said in a press statement seen by Al-Masry Al-Youm on Saturday that "the 2025 budget will witness a deficit in investment aspects and some operating expenses due to the decline in oil revenues, but this will not affect salaries." Support My FX Buddie s: If you 'd like to support M...