My FX Buddies

To see the articles I discussed here and MORE go to: My FX Buddies Blog Al-Kazemi talks about raising the dollar exchange rate and its relationship with the poor l ink Prime Minister Mustafa Al-Kazemi spoke about raising the dollar exchange rate and its relationship with the poor, noting that raising the exchange rate in return for placing 2.5 billion dollars to support the poor segment, the...

To see the articles I discuss here and MORE go to: My FX Buddies blog Moves to delete three zeros from the currency to strengthen the dinar link     you should click the link and watch the video There is a video with this article but it is all in Arabic Moves to delete three zeros from the currency to strengthen the Iraqi dinar in an attempt that economists find difficult to verify with...

To see this article in full and MORE go to: My FX Buddies Blog Parliament Finance discusses with the Governor of the Central Bank the implications of changing the exchange rate link The Finance Committee in the House of Representatives discussed, today, Tuesday, with the Governor of the Central Bank, steps to reduce the repercussions of changing the exchange rate and its implications, while the la...

To see this article in full and MORE go to: My FX Buddies Blog This is the article I strongly urge you to read in full to get a better understanding of this Al-Kazemi’s financial advisor: Deleting three zeros from the currency is an option link The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set, on Sunday, June 20, 2021, two conditions for deleting 3 zeros from the curren...

To see the article in full and MORE go to: My FX Buddies Blog Qubad Talabani: The Iraqi Council of Ministers released the region’s share of the budget link Qubad Talabani, Deputy Prime Minister of Kurdistan Regional Government announced on Wednesday that the Federal Council of Ministers decided to release the region’s share of the financial budget for the year 2021. In a speech today on the s...

To see this article in full and MORE go to: My FX Buddies Blog A national campaign to support the Iraqi dinar link this one has a few more details then yesterday's article While a group of unions and federations in Iraq announced the launch of a national campaign to support the national currency and the economy and increase the citizen’s confidence in the Iraqi dinar, the opinions of specialists c...

See this article in full and MORE by going to My FX Buddies Podcast Parliamentary Finance: The coming days will witness an improvement in the dollar exchange rate link A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed, on Monday, that the coming days will witness further improvement in the dollar exchange rate, pointing out that speculators in the strongholds of the black ma...

To see this article in full and MORE go to: My FX Buddies Blog The Central Bank of Iraq confirmed, on Friday, the stability of the dollar exchange rate and the absence of any intentions to change link According to a statement by the bank, “Nass” received a copy of it (June 11, 2021), “the dollar exchange rate is fixed and there are no intentions to change, and that what is being circulated is not...

To read this article in full and MORE go to: My FX Buddies Blog The price of the dollar will decrease against the dinar in the coming days for these reasons link The economist and former director of operations at the Central Bank of Iraq, Mahmoud Dagher, expected, on Thursday, a decrease .in the dollar exchange rate against the dinar, within two or three weeks, if the central bank continues to pum...

To see this article in full and MORE at My FX Buddies Blog Within hours... a jump in dollar prices in Baghdad, amid government assurances link The exchange rates of the US dollar recorded a new jump against the Iraqi dinar, on Wednesday, on the main stock exchange in the capital, Baghdad. Shafaq News Agency correspondent reported that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad...

To see this article in full and MORE go to: My FX Buddies Blog Parliamentary Economy: The street will explode in the face of the government if the dollar continues to rise link The Parliamentary Committee on Economy and Investment warned of the explosion of the street in the face of the government of Prime Minister Mustafa Al-Kazemi in the event that the dollar price continues to rise, noting that...

To read this article in full and MORE go to: My FX Buddies Blog  Anxiety prevails among Iraqis for fear of the deterioration of the purchasing value of the dinar link The Iraqi local markets witnessed a new rise in the exchange rate of the dollar against the Iraqi dinar, as the value of one dollar reached 1500 Iraqi dinars, a clear difference from the rate set by the Central Bank, which is 14...

To see this article in full and MORE go to My FX Buddies Blog Al-Kazemi: Iraq is on the path to economic reform link On Tuesday, Iraqi Prime Minister Mustafa Al-Kazemi affirmed Iraq's determination to proceed on the path of economic reform, according to long-term visions that rely on viable solutions despite all challenges . A statement by Al-Kazemi's office stated, "The latter received the V...

To see this article in full and MORE go to: My FX Buddies Blog Who is blocking foreign investment opportunities in Iraq? link For many years, there has been talk about the need to correct the general economic situation in Iraq, by bringing in foreign investments in order to start rebuilding infrastructure, rebuilding what was destroyed by wars, reviving productive sectors such as industry and agri...

To see this article in full and MORE go to My FX Buddies Blog The government bears the responsibility of besieging the people economically link On Wednesday, Fadel Al-Fatlawi, the representative of the Al-Fateh Alliance, held the government responsible for the deterioration of the people's economic situation after the decisions it had made regarding the dollar and the curfew, pointing out that Par...

To see this article in full and MORE go to My FX Buddies blog An internal economic struggle in the Kurdistan Regional Government is similar to that of Baghdad and Erbil link The Financial Committee of the Kurdistan Regional Parliament announced that the local government in Sulaymaniyah Governorate does not send non-oil financial revenues to the treasury of the Kurdistan Regional Government, which...

See this article in full and more at: My FX Buddies Blog Iraq is facing a date to officially restore the previous dollar exchange rate link The Parliamentary Economic and Investment Committee confirmed that the exchange rate of the dollar against the Iraqi dinar is fixed and does not change until 2025. It was assumed that "changing the exchange rate of the dollar against the Iraqi dinar for one ye...

To see this article in full and MORE go to: My FX Buddies I apologize this ended abruptly. Al-Kazemi stresses the need to overcome obstacles to attract local and foreign investment link Prime Minister Mustafa Al-Kazemi stressed, today, Wednesday, the need to overcome obstacles and provide the appropriate environment to attract local and foreign investment The media office of the Prime Minister sai...

Thank you for listening! To read this entire article and MORE  go to my FX Buddies Blog The deterioration of security is hampering Iraq's investments link Iraqi  MPs have warned of the impact of the security decline in the country on the  government's  plans in the investment sector and attracting foreign and Arab companies, stressing that the threat is no longer limi...

To see all the articles I discuss here and MORE go to: My FX Buddies Blog Member of Parliamentary Finance: The street will be inflamed due to the continuing repercussions of the dollar price increase link A member of the Parliamentary Finance Committee, Thamer Theban, confirmed today, Friday, that the continuing repercussions of raising the price of the dollar will make the Iraqi street inflamed,...

To read the article in full and MORE go to My FX Buddies Blog Al-Sistani's office announces its expectations on the first day of Eid al-Fitr The office of the supreme Shiite cleric in Iraq, Ali al-Sistani in Najaf, expected that the crescent of the Shawwal month will be seen next Thursday with the naked eye, and in light of this, next Friday will be the first day of the blessed Eid al-Fitr. Accord...

To see a the articles I discuss here and MORE go to: My FX Buddies Blog Foreign Minister: We are working to diversify the economic partnerships of Iraq link Today, Thursday, Minister of Foreign Affairs, Fuad Hussein, stressed work to diversify economic partnerships for Iraq. A statement by the ministry stated, "Foreign Minister Fuad Hussein met in the Italian capital, Rome, a group of Arab and for...

To see this article in full and MORE go to: My FX Buddies Blog Saudi Arabia grants an Iraqi private bank a license to conduct business in the Kingdom link Saudi Arabia agreed to grant a license to open a branch of an Iraqi National Bank in order to conduct its business in the Kingdom. The Saudi Press Agency, followed by "People," quoted a number of decisions taken by the Saudi Council of Ministers...

You can read this article in full and see MORE at: My FX Buddies Blog Minister of Planning: Economic reform policies require time to touch their results link The Minister of Planning, Khaled Battal Negm, confirmed today, Sunday, that economic reform policies require time for citizens to see their results. The Ministry of Planning stated in a statement that “The Minister of Planning, Khaled Battal...

To see the articles that I discuss here and watch the video go to My FX Buddies Blog An American strategic expert: Washington’s focus on "Iraqi independence" is more important than the withdrawal from Afghanistan link T he American strategic expert, Anthony Cordesman, said that Washington's focus on forming and developing relations with Iraq "as an independent and safe country from Iranian influen...