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A growing financial concern is unfolding in Iraq, as delays in ⁠link to My FX Buddies⁠ government salary payments begin to impact millions of citizens. Recent reports indicate that only about 20% of state employee salaries have been disbursed so far, despite the usual payment schedule. This has raised serious concerns, especially since a large portion of the population depends heavily on governmen...

A major financial development is taking place in Saudi Arabia link to My FX Buddies Blog ⁠ and it could signal a deeper shift in how money flows across the region. The Saudi Central Bank has officially granted a new license to a technology company to operate in the payment services sector, bringing the total number of licensed companies in the Kingdom to 31. This move is part of a broader strategy...

A surprising development just came out involving the United link to My FX Buddies blog ⁠ States, Iran, and the Strait of Hormuz — and it’s raising more questions than answers. President Donald Trump has now revealed what he previously described as a “gift” from Iran. According to his statement, the gesture involved allowing 10 oil tankers flying the Pakistani flag to pass through the Strait of Hor...

The Central Bank of Iraq has announced new measures to ⁠link to My FX Buddies Blog ⁠ address banks that have been restricted from dealing in U.S. dollars. This could signal a major shift in Iraq’s financial system. Officials say they are working with international auditing firms, including Oliver Wyman, to review past transfer operations and implement new compliance procedures. If you'd like to Su...

Iraq is facing a major political turning point as calls grow for a ⁠ link to My FX Buddies Blog ⁠ 45-day emergency government. Former Speaker Mahmoud al-Mashhadani is urging immediate action amid ongoing deadlock in forming a new government. At the same time, reports suggest delays tied to regional tensions involving the U.S., Israel, and Iran. With past warnings from President Donald Trump regard...

As Iraq heads into Eid celebrations, a different reality is ⁠link to My FX Buddies Blog⁠ unfolding across markets and households. Prices are rising sharply in some cases tripling — as the Iraqi dinar weakens and the dollar exchange rate climbs above 150,000 per hundred dollars. From children’s clothing to everyday goods, citizens are now facing a cost of living crisis that is hitting even the most...

Iraq is facing one of its most critical financial tests yet… and ⁠ link to my FX Buddies Blog⁠ the strategy to survive may surprise you. As regional tensions disrupt oil exports and global markets shift, experts are now calling for a balanced approach between U.S. bonds and gold to protect Iraq’s reserves. But that’s not all… If you'd li ke to Support the channe l: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

The situation across the Middle East continues to evolve ⁠link to My FX Buddies Blog ⁠ rapidly as political, economic, and military developments begin to intersect in ways that could have lasting consequences for Iraq and the global financial system. In this update, we’re looking at a wide range of breaking headlines shaping the region right now. From warnings issued by Prime Minister Sudani about...

New developments out of Iraq reveal both financial ⁠link to My FX Buddies Blog ⁠ reassurance and growing concerns about the months ahead. According to Iraqi economic expert Abdul Rahman Al-Mashhadani, salaries for government employees, retirees, and social welfare recipients are secured for the months of March and April. However, questions are now being raised about whether the government will hav...

The Central Bank of Iraq has announced that it is fully ⁠link to My FX Buddies Blog ⁠ prepared to respond to economic developments and protect financial stability in Iraq. During an extraordinary meeting, officials reviewed economic indicators, banking liquidity, foreign reserves, and potential risks to the national economy. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Citizens across Baghdad are beginning to stockpile food and link to My FX Buddies Blog emergency supplies as tensions rise across the Middle East. With the ongoing confrontation involving Iran, Israel, and the United States, many Iraqis are preparing for possible disruptions to food supplies, fuel, and electricity. Although markets remain stable for now, experts warn that expanded conflict could i...

Tensions in the Middle East are beginning to affect one of the ⁠ link to My FX Buddies Blog ⁠ region’s most famous economic centers — Dubai. Reports indicate that some wealthy residents are paying enormous sums to leave the city temporarily amid fears that regional conflict could escalate. Private aviation companies say demand for charter flights has surged, with some families paying up to $200,00...

The question is rising again across Iraq:⁠ My FX Buddies Link ⁠ “Where’s the salary?” As Ramadan begins, many Iraqi retirees report delays in receiving their pensions through state banks including Rafidain Bank and Rasheed Bank. With increased living expenses during the holy month of Ramadan, delayed payments are creating frustration and hardship for citizens who depend entirely on their monthly e...

Iraq is beginning to show early signs of economic strain. ⁠link to My FX Buddies Blog ⁠ Fuel queues are forming in cities like Fallujah. The dollar exchange rate has surged past 160,000 dinars per $100. Gold prices are rising in Baghdad and Erbil. If you'd like to Support the chann el: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ . ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s economy depends almost entirely on oil exports ⁠ link to My FX Buddies Blog ⁠ passing through the Strait of Hormuz. If the strait were to close, economist Nabil Al-Marsoumi warns that Iraq could see oil revenues fall from nearly $7 billion per month to under $1 billion. If you'd like to Support the channe l: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ... ....

The Iraqi dinar continues to weaken in the parallel market, ⁠ link to My FX Buddies Blog ⁠ reaching 153,000 dinars per $100, while the Central Bank of Iraq says it is not responsible for the widening gap between the official and market exchange rates. In this update we break down: • Why the dollar is rising in the parallel market • The impact of the ASYCUDA customs system • Why traders are avoidin...

Iraq is entering one of its most delicate political and economic moments. ⁠ link to My FX Buddies Blog⁠ From sovereign guarantees for investors… To the Central Bank’s warning on financial fraud… To Chevron signing preliminary oil agreements under Prime Minister Sudani’s sponsorship… Meanwhile: • Maliki refuses to withdraw • Parliament faces constitutional deadline violations • Kurdish leadership p...

Iraq is standing at a dangerous financial crossroads. ⁠link to My FX Buddies Blog⁠ With oil prices hovering near $70 per barrel — far below the $84 needed to balance the budget — the country is facing a widening deficit, ballooning public salaries, and mounting IMF pressure. 📊 $96.9 billion spent 📉 $87.1 billion earned 💥 $9.8 billion deficit If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s parallel dollar market is surging again — and now ⁠link to My FX Buddies Blog ⁠ members of parliament are openly criticizing the Central Bank. Economic expert Nabil Al-Marsoumi explains why the dollar is rising in the black market, linking it to: If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ... . ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s political crisis is deepening — and the stakes are rising fast. ⁠ link to My FX Buddies Blog⁠ In this update: • The United States reportedly outlines 7 demands for Iraq’s next Prime Minister • Coordination Framework meetings collapse amid internal divisions • Maliki insists on running — despite growing resistance • US diplomats warn of possible sanctions • Hormuz closure fears spark economi...

Iraqi MP Jamal Kochar says Iraq’s gold and foreign currency ⁠link to My FX Buddies Blog ⁠ reserves remain “very good” and strong enough to protect the country from economic instability — even as gold prices surge past one million dinars per mithqal. So what’s really happening? Why are gold prices rising sharply in Iraq? Is the dollar weakness affecting the dinar? Are citizens hedging against uncer...

Iraqi parliamentarian Jamal Kochar warns that Iraq is facing a link to My FX Buddies Blog⁠ serious cash crisis that could eventually force the government to adjust the value of the Iraqi dinar against the US dollar. Despite Iraq holding over $108 billion in currency reserves, Kochar explains that poor budget planning and falling oil prices have created a real liquidity problem. If the situation co...

Iraq is facing a serious financial shock as reports reveal that ⁠ link to My FX Buddies Blog ⁠ major government banks are running dangerously low on liquidity. According to informed sources, the government was forced to withdraw tens of trillions of dinars and billions of dollars from multiple banks just to cover salaries in recent months. Now, concerns are growing that employee and retiree salari...

Former U.S. President Donald Trump says Washington is ⁠ link to My FX Buddies Blog closely monitoring the selection of Iraq’s next prime minister and has “some options” regarding the political future of the country. Trump’s comments come amid heightened regional tensions and ongoing negotiations with Iran, with the U.S. hinting that military and diplomatic strategies could shift depending on devel...

The US dollar is rising sharply in Iraqi markets, reaching over ⁠ link to My FX Buddies Blog ⁠ 151,500 dinars per $100 — even as the Central Bank insists the official exchange rate remains unchanged. Economic expert Shwan Hadi explains that global and regional geopolitical tensions are fueling the increase, pushing traders toward the parallel market. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠...