My FX Buddies

To see this article in FULL and MORE go to: My FX Buddies Blog How is the exchange rate stable? link The exchange rate of the dollar against the dinar stabilized at a price of 148 thousand dinars compared to the 100 dollars against the official price after raising it at the price of 145,000 dinars, and it is still slightly high. The question is what is the reason behind this stability? I see that...

To see this article in FULL and MORE go to: My FX Buddies Blog   In numbers and details.. the 2022 budget and a precedent that did not happen before link The financial advisor to the Prime Minister, Mustafa Al-Kazemi, revealed the completion of the draft federal budget bill for 2022. Mazhar Muhammad Salih said in a press statement, "The financial authority represented by the Federal Ministry...

To see this article in full and MORE go to: My FX Buddies Blog having isssues and cannot post the article summary here   

To read this article in full and MORE go to: My FX Buddies Blog Al-Kazemi stresses the development of Iraq's oil wealth and not depleting it link Prime Minister Mustafa Al-Kazemi stressed on Tuesday the need to develop the country's oil wealth and not continue to deplete it. Al-Kazemi said in a speech during the cabinet session that took place today, "We will continue to work to activate the Futur...

To see this article in full and MORE go to: My FX Buddies Blog A candidate for Al-Fateh calls for the return of the dollar price and the recruitment of manpower link Madiha Al-Maksusi, a candidate for the Al-Fateh Alliance, called today, Monday, to return the price of the dollar to its normal position, open factories and attract manpower. Al-Maksousi said in “Hassad Al-Ayam” that “in order to stre...

To see this article in full and MORE go to: My FX Buddies Blog link Ministry of Foreign Affairs revealed today, Monday, that the Baghdad conference confirms cooperation and partnership in a new style towards economy and investment, stressing that it is following with great importance the outcomes of the Baghdad conference, indicating that Iraq has become an investment opportunity. The ministry’s s...

To see this article in full and MORE go to: My FX Buddies Podcast Raising the price of the dollar against the dinar increases the suffering of Iraqis link Decreased purchasing power amid difficult living conditions The rise in the price of the  US dollar  against  the Iraqi dinar  exacerbated the suffering of the people of Mesopotamia, which prompted citizens to austerity to ma...

To see this article in full and MORE go to: My FX Buddies Blog Al-Kazemi: The doors of Iraq are open to the Kuwaiti investor link    this is from Kuwait's news Iraqi Prime Minister Mustafa Al-Kazemi said that during his meetings and meetings with Kuwaiti officials, he affirmed his country's respect for and implementation of international resolutions, as well as commitment to relations ba...

I ended up calling this My FX Buddies News Catch-Up For AUG 19-21 Does Iraq face a "scenario" of Afghanistan's collapse after America's withdrawal?   on the MY FX Buddies Blog  Does Iraq face a "scenario" of Afghanistan's collapse after America's withdrawal? link The American "Foreign Policy" magazine said, "The Iraqis fear that their turn will come after the collapse of Afghanistan...

To see this article in full and MORE go to My FX Buddies Blog The International Development Bank buys more than 300 advanced ATMs from CBM link The International Development Bank and CBM, a leading information technology (IT) company, have signed a partnership agreement for state-of-the-art ATMs and automated teller machines. The agreement aims to develop the payment service for customers and adva...

Finance Committee: The dollar exchange rate will not change before five years link On Sunday, the Parliament’s Finance Committee  suggested  that the exchange rate would remain at its current position for five years, while indicating that raising the exchange rate aims to achieve three main factors. Committee member Naji al-Saidi said in a statement to the official agency, followed by "N...

To see this article in full and MORE go to: My FX Buddies Blog The government decides the fate of the dollar exchange and the degrees of deletion and creation link Cabinet spokesman Hassan Nazim announced, on Friday, that "the file of government appeals in some items of the general budget for the year 2021 is still being considered by the Federal Court, and everyone is still waiting for the result...

To see this article in FULL and more go to: My FX Buddies Blog Representatives and specialists rule out approving the 2022 budget on schedule: it will go through difficult stages link With the approach of the legal date for the federal government to send the budget to the House of Representatives, the budget is facing a major challenge in light of the political forces' preoccupation with preparing...

To see this article in full and MORE go to: My FX Buddies Blog European Union: The devaluation of the dinar should have taken place a long time ago link The Ambassador of the European Union in Iraq, Martin Hutt, stressed that Iraq needs a structural reform in the economy, noting that the devaluation of the dinar should have been done a long time ago because it would make Iraq's economy more compet...

To see this article  in full and MORE go to: My FX Buddies Blog Al-Kazemi to the heads of the parties: Iraq will return its relationship with America to its formula before 2014 link A number of heads of Iraqi national forces and parties held, on Sunday, August 1, 2021, a meeting at the Government Palace in Baghdad at the invitation of Prime Minister Mustafa Al-Kazemi, in the .presence of the...

To see this article in FULL and MORE go to: My FX Buddies Blog Al-Kazemi: The Baghdad-Washington relationship will turn to a new stage link Iraqi Prime Minister Mustafa Al-Kazemi praised, on Tuesday, his country's strategic relationship with the United States of America. Al-Kadhimi said, during an interview with Al-Iraqiya Al-Akhbariya, "The relationship between Iraq and the United States will tur...

To read this article in full and MORE go to: My FX Buddies the blog America is ready to help Iraq by implementing the White Paper on Economic Reform link The United States confirmed its readiness to help Iraq implement the white paper for economic reform through a new transparent program, on the sidelines of the strategic dialogue activities between the two sides held in Washington. Today, Saturda...

To read this article in FULL and MORE go to: My FX Buddies Blog Al-Kazemi's advisor: No change in the dollar exchange rate link Mazhar Muhammad Salih, the economic advisor to Prime Minister Mustafa Al-Kazemi, stressed on Monday, not to rely on oil prices because they are unstable, in changing the dollar exchange rate against the Iraqi dinar. Saleh told Shafaq News Agency, "The dollar exchange rate...

To see this article in full and MORE go to: My FX Buddies Blog Confidence in the Iraqi dinar is eroding… and the prospect of removing zeros link Iraq is witnessing a severe financial crisis that began with the outbreak of the Corona virus last year and the decline in global demand for oil, which represents nearly 91% of Iraq’s financial imports. With the continuation of the financial crisis a...

To read this article in full and MORE go to: My FX Buddies Blog link Iraq is witnessing a severe financial crisis that began with the outbreak of the Corona virus last year and the decline in global demand for oil, which represents nearly 91% of Iraq’s financial imports. With the continuation of the financial crisis and the failure to pay the salaries of employees last year, the government resorte...

To see this article in full and MORE go to: My FX Buddies Blog The economic advisor to the Prime Minister, Alaa Abdel Hussein, confirmed that the actual implementation of the white paper will soon be announced, while noting that there are central and sub-committees to implement it . Abdul Hussein said in a televised statement, today, Wednesday, that "Iraq over the past decades has suffered fr...

To see this article in full and MORE go to: My FX Buddies Blog Karbala University discusses indicators of analysis in the foreign exchange market link      what a time to do this study! The College of Administration and Economics at the University of Karbala discussed the master’s thesis tagged “The Effectiveness of Technical Analysis Indicators in Trading the Foreign Exchange Marke...

To see this article in Full and MORE go to: My FX Buddies Blog The White Paper.. 64 projects and government directions to seek the assistance of international experts link Advisor to the Prime Minister, Alaa Abdul-Hussein Al-Saadi, confirmed, on Wednesday, that the white paper included 64 projects, stressing that international experts would be hired to implement them. Al-Saadi said, according to t...

To see this article in full and MORE go to: My FX Buddies Blog The Iraqi economy is the center of polarization link Another definitive evidence of the strength and durability of the Iraqi economy, despite all the crises and tribulations, was represented by the convening of an Egyptian-Jordanian-Iraqi tripartite summit. A lightning summit that settled many speculations and indicated an attempt to g...

To see this article in FULL and MORE go to: My FX Buddies Blog A Kurdish deputy is likely to pass the oil and gas law during the next parliamentary session link Kurdistan Democratic Party MP Dana Muhammad suggested on Sunday the approval of the oil and gas law during the electoral parliamentary session, returning it to "a solution to the oil disputes between the federal government and the Kurdista...