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Today we're looking at a fascinating piece of Iraqi monetary history that has https://www.myfxbuddies.com/2026/05/t... suddenly become relevant again. Economist Christopher Foote arrived in Iraq shortly after the 2003 war and became deeply involved in discussions surrounding the creation of Iraq's new currency system. In this remarkable account, Dr. Mazhar Mohammed Saleh recalls meetings h...

A former member of Iraq’s parliamentary finance committee says the new link to My FX Buddies Blog government may soon face two major economic choices:⚠️ External borrowingor⚠️ Raising the exchange rate domesticallyAccording to Abdul Hadi Mouhan, Iraq’s new government under Prime Minister Ali Al-Zidi must find ways to secure operational expenses and deal with growing economic pressure. If you'd...

A new European economic report is raising serious concerns about Iraq’s financial future. https://www.myfxbuddies.com/2026/05/i... link to My FX Buddies BlogAccording to the European Center for Economic Guarantees, Iraq may now be facing one of the most difficult economic periods in recent history as the Strait of Hormuz crisis continues disrupting oil exports — the country’s primary source of inc...

Iraq is facing a growing liquidity crisis — and now the government is https://www.myfxbuddies.com/2026/05/iraq-printing-more-money-experts-sound.html link to My FX Buddies Blog discussing quantitative easing and printing additional currency to stabilize the economy. Officials insist the move is temporary, technically controlled, and backed by foreign reserves. But some economic experts warn that e...

Iraq is once again signaling major economic change.https://www.myfxbuddies.com/2026/05/iraq-ready-to-break-free-from-us-dollar.html link to My FX Buddies BlogA spokesperson for the Reconstruction and Development Coalition says Iraq’s economy should no longer remain “hostage” to the decisions of the U.S. Federal Reserve. Government officials are now discussing expanding trade in local currencies an...

Iraq’s government is once again pushing forward with a major economic https://www.myfxbuddies.com/2026/05/the-new-economy-plan-iraq-says-could.html link to My FX Buddies Blog reform idea — the Market Development Council — as officials warn the country can no longer depend almost entirely on oil revenues. Prime Minister Al-Zaidi’s financial advisor says the council could help raise the non-oil sect...

Central Bank Governor: No change in the exchange rate and employee salaries are guaranteed link to the My FX BUddies The Governor of the Central Bank, Ali Al-Alaq, commented today, Tuesday, on news reports about raising the exchange rate of the dollar to cover the financial deficit gap in the federal budget for 2026. Support My FX Buddies     BuyMeACoffee                               CashApp:$tis...

Iraq now has approximately 166 licensed exchange companies - and link to My FX Buddies Blog economic experts are asking serious questions about what that says about the country’s economy. Is Iraq expanding the dollar market instead of building productive sectors like industry and agriculture? I f you'd like to support the channe l: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.ap...

Iraq’s new Prime Minister Ali al-Zaidi came out swinging during his very first https://www.myfxbuddies.com/2026/05/z... link to My FX Buddies Blog cabinet meeting — warning ministers, demanding financial transparency, and declaring that Iraq’s “old economy” must be destroyed to make way for a modern market economy. Zaidi says Iraq is entering a new era focused on:✔️ Economic reform✔️ Investment an...

Iraq’s economy may be entering another difficult phase as experts warn link to My FX Buddies Blog that rising regional tensions between the United States and Iran could increase pressure on the Iraqi dinar and widen the gap between the official exchange rate and the parallel market. Economic expert Nasser Al-Tamimi says geopolitical instability often drives investors and markets toward the U.S. do...

The Central Bank of Iraq says it is continuing major reforms of the Iraqi link to My FX Buddies Blog banking sector as part of a long-term strategy to modernize the financial system and strengthen global integration. In this video, we discuss:If yo u'd like to support the channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s 2026 budget is facing growing uncertainty as oil revenues decline link to My FX Buddies Blog and financial pressures increase. Economic experts are warning that the government may be forced to choose between a strict austerity budget or continuing temporary spending measures under the 1/12 rule. If you'd like to support the channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https:/...

The Central Bank of Iraq says it is continuing efforts to strengthen the link to My FX Buddies Blog Iraqi dinar and maintain stability in the exchange market. Prime Minister financial advisor Mazhar Muhammad Salih confirmed that the official exchange rate remains stable and that Iraq continues implementing measures to regulate liquidity, support the Iraqi dinar, and ensure the sustainability of ca...

Prime Minister-designate Ali Faleh al-Zaidi has officially presented the new link to My FX Buddies government’s ministerial program to Speaker of Parliament Hebat Hamad al-Halbousi. If y ou'd like to support the channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠....

The United States is increasing pressure on Iraq’s incoming government, link to My FX Buddies demanding “action, not words” regarding armed militias operating within state institutions. As Prime Minister-designate Ali al-Zaidi prepares to announce his cabinet, U.S. officials are calling for concrete reforms, including removing militias from government institutions, ending financial support, and st...

Iraq may be approaching a critical economic turning point. link to My FX Buddies Blog An economic expert is warning that the country is facing a growing financial gap, declining reserves, and mounting pressure on its currency system. According to Nabil Al-Marsoumi, the new government may be forced to consider adjusting the dollar exchange rate — a move that could have significant implications for...

The Central Bank of Iraq has issued a major statement addressing concerns link to My FX Buddies for Dollars Moving Again about dollar shortages, foreign transfers, and employee salaries. Governor Ali Al-Alaq confirmed that dollar transfers are continuing daily without interruption and emphasized that salaries are fully secured. If you'd like to support the channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s Prime Minister-designate Ali Al-Zaidi has received a congratulatory call link to My FX Buddies from U.S. President Donald Trump following his official appointment to form the new government. During the call, both leaders discussed strengthening strategic relations between Iraq and the United States, while also emphasizing continued cooperation to support regional stability. If you'd lik...

Iraq’s political landscape just took a major turn. link to My FX Buddies blog The Coordination Framework has officially nominated Ali al-Zaidi as the next Prime Minister—but questions remain about what this really means for the country’s future. In this video, we break down:Why key leaders stepped asideWhat this nomination signals politicallyWhether this ends the political deadlock… or just begins...

In this update, Iraq’s newly appointed President, Nizar Amidi, meets with link to My FX Buddies Blog Central Bank Governor Ali Al-Alaq and delivers a clear directive: strengthen the Iraqi dinar and continue financial reforms. This meeting highlights growing coordination between Iraq’s political leadership and its monetary authorities, signaling a unified focus on economic stability, sustainable de...

The U.S. has tightened scrutiny on Iraq’s dollar transfers — especially those link to My FX Buddies Blog going to Dubai -while also halting dollar shipments. What does this mean for Iraq’s economy? If you'd like to support the cha nnel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... . ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/t...

The United States has frozen $500 million in Iraqi oil revenues — but why? link to My FX Buddies Blog In this video, we break down the growing tensions between Washington and Baghdad, and how control over Iraq’s oil money is being used as leverage.💰 Key topics:If yo u'd like to support the chann el: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠...

Iraq has over 70 banks, yet its banking sector remains one of the weakest in the region. Why? link to My FX Buddies Blog In this video, we break down the real reason behind Iraq’s struggling financial system and compare it to the success of the UAE and Saudi Arabia. From oil dependency and lack of trust…to weak banking roles, poor digital transformation, and limited economic impact…This is the rea...

Tensions are rising sharply between United States and Iraq following a series link to My FX Buddies Blog post of major decisions affecting both financial and security coordination. According to reports, Washington has halted dollar shipments to Iraq and linked their resumption to political developments, including the formation of a new government. At the same time, the United States has suspended...

A major shift in messaging is coming from Iraq, as Prime Minister link to My FX Buddies Mohammed Shia al-Sudani outlines a new vision for the country’s future. In a recent publication, Al-Sudani emphasized that Iraq is no longer a battleground, but a nation focused on stability, economic growth, and global partnerships—especially with the United States. He highlighted efforts to keep Iraq out of r...