My FX Buddies

Political tensions are once again colliding with Iraq’s fragile economy. link to My FX Buddies Blog As the Coordination Framework insists on nominating Nouri al-Maliki for prime minister, warnings are growing over American rejection , potential sanctions, and the economic fallout that could directly impact the Iraqi dinar . Political voices inside Iraq warn that Washington’s opposition cannot be d...

Iraq’s financial crisis is now directly impacting employee salaries, link to My FX Buddies Blog raising serious concerns about liquidity, budgeting, and economic stability. Economic expert Ahmed Al-Tamimi warns that the ongoing delay in salary payments is not a temporary cash issue, but the result of years of structural imbalances — including near-total reliance on oil revenues, weak non-oil incom...

A new proposal is emerging around Iraq’s official exchange rate — and it link to My FX Buddies Blog A Special Edition could have major budget implications. Financial and economic expert Haider Al-Sheikh says there is a proposal to adjust the official dollar exchange rate against the Iraqi dinar as a way to confront mounting economic pressure and boost state revenues. According to Al-Sheikh, the id...

For more than two decades, Iraq’s oil revenues have remained link to My FX Buddies Blog under strict financial oversight — not because the money doesn’t belong to Iraq, but because of legal, political, and historical constraints tied to the U.S. Federal Reserve. Economic expert Nabil Al-Marsoumi has outlined a detailed roadmap for freeing Iraqi funds from this grip, arguing that the current system...

The Iraqi dinar is no longer just a currency -it has become a pressure point in a much larger political and economic struggle. Link to My FX Buddies Blog Analysts argue that Iraq’s exchange-rate crisis reflects the deep fragility of a rentier, oil-dependent economy , where the dollar has shifted from a medium of trade into a tool of political influence. What once appeared as routine market volatil...

Fear has taken hold of Iraq’s currency markets. link to My FX Buddies Blog The Iraqi dinar continued its sharp decline on Tuesday, with the exchange rate for $100 rising to 157,000 dinars in Erbil — up from 149,000 dinars just one day earlier . Currency traders say the rapid move reflects widespread public concern and a growing rush to hold U.S. dollars instead of the local currency. According to...

Iraq’s currency stress is no longer a local issue — it’s unfolding alongside a powerful global signal. link to My FX Buddies Blog On Monday, the Iraqi dinar weakened sharply, reaching 151,500 dinars per $100 , as tightening electronic transfer procedures and escalating political pressure from Washington collided in the local market. Exchange officials warned that the rate could slide further towar...

A Return That Divides Iraq: Maliki Nominated for Prime Minister link to My FX Buddies Blog Iraq’s political scene has entered a decisive and highly sensitive phase. The Coordination Framework has officially announced the nomination of Nouri Kamel al-Maliki for the position of Prime Minister, presenting him as the candidate of the largest parliamentary bloc following an expanded leadership meeting....

A staggering figure has re-entered the conversation around link to My FX Buddies Blog post Iraq’s financial management: more than $100 billion in savings held at the U.S. Federal Reserve . Economic expert Duraid Al-Anzi says Iraq should never have faced a financial crisis given its oil revenues — arguing that repeated warnings to use conservative oil price assumptions in national budgets were igno...

A growing liquidity crisis in Iraq may be driven by something far more basic than policy — trust . link to My FX Buddies Blog Economic expert Salam al-Zubaidi is warning that some state-owned banks are worsening the country’s cash hoarding problem by altering profit terms on deposits, reducing returns for citizens, and violating original agreements with depositors. According to Al-Zubaidi, many de...

Iraq’s banking reform isn’t happening overnight — link to My FX Buddies Blog but the groundwork is being built deliberately, strategically, and with global alignment in mind. The Board of Directors of the Center for Banking Studies , under the supervision of the Central Bank of Iraq , recently reviewed progress on activating international partnerships aimed at strengthening Iraq’s banking sector a...

A single image has ignited widespread debate — and raised more questions than answers . link to My FX Buddies Blog Iraq’s special envoy to the United States, Mark Savaya , shared a photo from his meeting with U.S. President Donald Trump that quickly went viral. The reason wasn’t the meeting itself — but a striking detail sitting in plain view on the table. An Iraqi coin bearing the image of former...

Iraq’s economic picture is sending two very different signals . ⁠link to My FX Buddies Blog⁠ On one hand, the government is moving to anchor stability. On the other, analysts warn that unresolved pressures are being pushed into 2026. According to Mazhar Mohammed Saleh , financial advisor to the Prime Minister, Iraq’s exchange rate policy is not arbitrary but the result of coordinated agreement bet...

Washington is no longer just watching Iraq’s financial system — it’s preparing to act. link to My FX Buddies Blog According to new statements by the U.S. President’s Special Envoy to Iraq, Mark Savaya , the United States is moving toward a comprehensive review of suspicious financial transactions in Iraq, with targeted sanctions expected against entities and networks accused of undermining financi...

A major shift is unfolding inside Iraq’s exchange markets. link to My FX Buddies Blog In Erbil, the price difference between the so-called “blue” and “white” U.S. dollars has dropped sharply — from nearly 4,000 dinars to just 900 — following a religious ruling prohibiting discrimination between dollar denominations. According to statements made to Kurdistan 24 , market representatives confirmed th...

Iraq is taking deliberate steps to strengthen its position in the global financial system. link to My FX Buddies Blog In this important development, the Governor of the Central Bank of Iraq , Ali Mohsen Al-Alaq , chaired a high-level meeting with global consulting firm Oliver Wyman to discuss concrete mechanisms for improving Iraq’s sovereign and credit ratings. The meeting brought together the Na...

Iraq is taking another calculated step to relieve pressure on link to My FX Buddies Blog the national currency — not through short-term fixes, but through long-term debt and financing reform . On January 12, 2026, Prime Minister Mohammed Shia al-Sudani met with representatives of the global advisory firm Oliver Wyman , alongside the Minister of Finance, the Governor of the Central Bank of Iraq , a...

As dollar exchange rates in Iraq’s parallel markets briefly link to My FX Buddies Blog surged toward 149,000 dinars per 100 dollars , fears of inflation quickly resurfaced. But according to monetary officials and recent data, those fears are not materializing . In this episode, we explain how coordinated fiscal and monetary policies are absorbing the shock — and why Iraq’s economy now has structur...

Iraq is quietly accelerating its move away from dollar dependence. link to My FX Buddies Blog In this episode, we break down new conditions set by the Central Bank of Iraq for Iraqi banks that want to trade in foreign currencies other than the US dollar , including the euro, Chinese yuan, and UAE dirham. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠...

Anger is rising across Iraq as merchants protest new taxes link to My FX Buddies Blog and higher customs tariffs , warning that the measures are crippling businesses and squeezing purchasing power. In this video, we break down what’s happening on the ground , why traders are cancelling orders, and why prices are starting to feel heavier for everyday Iraqis. We also explain why the government chose...

The Central Banks price has been in effect since February 2023, explaining that it is related to the link to My FX Buddies The Iraqi government and the Central Bank have officially adopted an exchange rate of 1,300 dinars per US dollar in the draft 2026 federal budget — and the reaction has been swift. But is this a setback… or a calculated monetary signal? If you'd like to Support the channel...

The Iraqi exchange market has experienced noticeable dollar link to My FX Buddies Blog fluctuations in recent days — but is this a warning sign, or part of a deeper economic transition? In this episode, we break down what’s really happening behind the scenes as Iraq balances monetary discipline , digital customs reform , and exchange-rate stability . We explore the impact of the European “Skoda” d...

Expectations are rising that the US dollar could reach 150,000 dinars per 100 dollars , link to My FX Buddies Blog as market pressure builds and demand for hard currency accelerates across Iraq. In this episode, we break down: • Why the dollar is surging toward 150,000 • Claims that the Central Bank is not injecting enough dollars • How falling oil prices and rising public spending are colliding •...

At the start of 2026, Iraq’s currency market was hit by a sudden shock. link to My FX Buddies Blog The US dollar surged rapidly in Baghdad exchanges, approaching 146,000 dinars , triggering what traders describe as commercial paralysis . Buying and selling halted as uncertainty spread, with demand for hard currency spiking sharply. In this video, we break down: What caused the sudden dollar jump W...

As 2026 begins, U.S. President Donald Trump’s envoy to Iraq, link to My FX Buddies Blog Mark Savaya , delivered a striking message—one that goes far beyond a New Year’s greeting. If you'd lik e to Support the channe l: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...