My FX Buddies

Many citizens are being told comforting stories about Iraq’s ⁠link to My FX Buddies Blog⁠ economy — that revenues are sufficient, salaries are safe, and solutions are simple. But according to economic expert Manar Al-Obaidi, these rosy promises hide a far more complex and dangerous reality. In this video, we break down 5 undeniable facts threatening Iraq’s economic system — facts often ignored or...

Despite strong reserves and low inflation, Iraq’s economy ⁠link to My FX Buddies Blog ⁠ faces deep structural challenges beneath the surface. This analysis breaks down what the Iraqi economy truly needs for reform, including: • Why oil dependence continues to weaken long-term growth • How public sector expansion distorts productivity • The hidden cost of subsidies and energy mismanagement • Why ba...

Prime Minister Mohammed Shia Al-Sudani has issued his first link to My FX Buddies Blog ⁠ clear statement r egarding the dollar exchange rate — and it matters. In a televised interview, Sudani confirmed that changing the dollar exchange rate is the exclusive authority of the Central Bank of Iraq, not the government. He also emphasized that Iraq’s current direction is stability, pointing to the succ...

Iraq’s austerity plan is once again in the spotlight as the link to My FX Buddies Blog⁠ government moves to cut spending and increase revenue amid financial pressures and political uncertainty. But experts warn that these decisions could have serious economic and social consequences, especially for the middle and low-income classes. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https:/...

Iraq’s economic debate is heating up again — should the dinar ⁠link to My FX Buddies Blog⁠ float, devalue, or remain stable and protected? In this episode, we break down a powerful commentary responding to economist Dr. Nabil Al-Marsoum i and explore the core question: What is truly best for Iraq’s economy right now? We cover: 🔹 Why floating the dinar now could crash the market 🔹 Why reducing th...

Iraq is facing a critical economic moment, as new warnings ⁠link to My FX Buddies Blog ⁠ emerge about potential decisions that could shake the country’s financial and social stability. Economic expert Ahmed Al-Tamimi cautions that any move to cut salaries or raise the dollar exchange rate would cause immediate and severe consequences for millions of Iraqis — including higher prices, weakened purch...

Iraq has officially begun implementing the IMF-backed White ⁠link to My FX Buddies Blog ⁠ Paper reforms, a move that economists warn will bring major social and financial pressure, especially on low- and middle-income citizens. Economist Nabil Al-Marsoumi explains that the White Paper is not just a plan — it is already underway, and we are seeing the early sign s: 📈 Rising dollar exchange rate 💰...

Iraq’s banking sector is entering one of the most dramatic link to My FX Buddies Blog reform phases in decades, and experts warn that up to half of Iraq’s private banks may disappear through mergers or exits. This comes as the Central Bank of Iraq (CBI) begins implementing its comprehensive reform roadmap, developed with the global consulting firm Oliver Wyman. The plan aims to rebuild the banking...

In a major development for Iraq’s financial sector, informed sources have link to My FX Buddies Blog revealed the expected timeline for the return of Iraqi banks that were previously punished by the U.S. Treasury and barred from dealing in dollars. If yo u'd like to Support the channe l: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠...

For nearly 20 years, Iraq’s most important economic law — the ⁠link to My FX Buddies Blog⁠ Federal Oil & Gas Law — has been stuck in the drawers of parliament. It remains the missing piece needed to regulate the c ountry’s energy wealth, unify policy between Baghdad and the Kurdistan Region, and unlock billions in investment. According to energy experts, the failure to pass this law has create...

The sudden rise of the dollar in Iraq wasn’t caused by a ⁠link to My FX Buddies Blog ⁠ change in the official exchange rate — and the Central Bank made that clear. So what really happened? Economist Manar Al-Obaidi reveals the truth: 👉 The spike is tied directly to the new customs pre-calculation mechanism launching December 1. Under this historic reform, no bank will be allowed to process foreig...

A new report reveals a little-known but extremely powerful ⁠link to My FX Buddies Blogpost ⁠ department inside the Central Bank of Iraq — described by economists as the “silent backbone” of the entire Iraqi economy. This “secret operations room” manages Iraq’s foreign reserves, monitors global market risks, stabilizes the exchange rate, and prepares the country for the most important monetary refo...

Iraq has officially approved the activation of Apple Pay, ⁠link to My FX Buddies Blog ⁠ marking a major step toward expanding the nation’s digital payment systems and connecting its economy to the global financial network. Experts say this move could transform how Iraqis handle money — replacing cash transactions with secure, contactless, and transparent digital payments. If you'd like to Support...

In a major feature by Newsweek, Iraqi Prime Minister ⁠link to My FX Buddies Blog⁠ Mohammed Shia al-Sudani is described as “the man who wants to make Iraq great again.” The report highlights his ambition to restore Iraq’s cultural and historical influence, revive its economy, and project the country as a global center for trade, innovation, and civilization. If you' d like to Support the channel ⁠⁠...

Sudani told The NY Times he would bring 50 Iraqi billionaires ⁠My FX Buddies Blog ⁠ to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.” If you'd like to Support the channe l ⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ And in another article...The formation of the government will not be...

The Central Bank of Iraq has officially launched its long-anticipated “zero-zero” project — My FX Buddies Blog historic reform that will redefine the value of the Iraqi dinar and mark a new chapter in the nation’s financial history. This isn’t speculation. It’s a confirmed, carefully planned monetary strategy that aims to remove three zeros from the currency’s nominal value while preserving purcha...

Iraq’s journey toward a cashless future is no longer just an idea — it’s becoming a new reality. 🇮🇶 My FX Buddies Blog⁠ In this episode, we break down the country’s shift to electronic payments and how it’s transforming daily life, business, and government operations. From Zain Cash and Asiacell Money to new Central Bank policies, Iraq is building the foundation for a modern digital economy. 🔹 On...

The Finance Committee in Iraq has officially confirmed that ⁠link to My FX Buddies Blog ⁠ the exchange rate will remain the same in 2026 — no revaluation, no adjustment. In this update, we break down what this means for Iraq’s budget, economy, and dinar watchers around the world. According to the committee, Iraq will keep operating under Law 1/12 of 2024, since the 2025 budget schedules haven’t be...

Reuters has named Iraqi Prime Minister Mohammed Shia Al- ⁠link to My FX Buddies Blog ⁠ Sudani the favorite to win a second term — signaling a major shift in Iraq’s political future. In this episode, we break down what’s driving Sudani’s rising popularity, the alliances shaping Iraq’s parliament, and how this election could redefine Baghdad’s balance between Washington and Tehran. From public-servi...

Iraq’s Central Bank is entering a global reform phase in ⁠ link to My FX Buddies Blog⁠ partnership with international firm Oliver Wyman and the U.S. Treasury. This marks a major turning point — a move toward world-class financial standards, digital transformation, and full financial inclusion. The new Reform plan focuses on: 💠 Reforming ownership structures 💠 Strengthening anti-money-laundering...

Iraq’s banking system is entering a new era — moving away link to My FX Buddies Blog⁠ from dollar restrictions and stepping toward financial independence. Banking expert Mustafa Hantoush reveals that nearly 90% of Iraq’s banks are still limited by dollar transaction controls, but that is about to change. S upport My FX Buddie s: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Iraq’s fintech industry just made history! ⁠link to My FX Buddies Blog ⁠ At Money 20/20 USA 2025 in Las Vegas, QiCard (International Smart Card) — Iraq’s leading electronic payment company — stood beside global giants to prove that innovation isn’t confined to Silicon Valley. From biometric smart-cards to digital inclusion, QiCard’s technology has transformed the lives of over 19 million citizens...

Iraq’s foreign exchange crisis is intensifying as more traders . ⁠link to My FX Buddies Blog ⁠ turn to the parallel market to secure dollars, driving up exchange rates and putting new pressure on the dinar. Parliamentarian Moeen Al-Kadhimi warns that strict banking procedures and foreign transfer restrictions are forcing businesses to bypass official channels — fueling inflation and market instabi...

Prime Minister Mohammed Shia Al-Sudani has directed Iraq’s ⁠financial and banking institutions link to My FX Buddies Blogpost⁠ — both public and private — to cooperate with Arab and foreign investors to build a diversified and sustainable economy. Support My FX Buddie s: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠ ⁠ https://paypal...

Iraq’s Central Bank has officially discussed plans to print a new 20,000 dinar note link to My FX Buddies Blog⁠ while continuing studies on the long-debated removal of zeros from the national currency. Support My FX Buddies: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/...