My FX Buddies

📉 The dollar is dropping — and the Iraqi dinar is showing signs of strength link to My FX Buddies Blog strength. Could this be the shift many have been waiting for? After a de-escalation in the Iran-Israel conflict and a visible return to diplomacy in the region, the Sulaymaniyah Stock Exchange is reporting a drop in the USD/IQD market rate — from 148,000 to 141,300 per $100. S upport My FX Buddi...

Cash Distribution Services on 22nd June 2025 link to My FX Buddies Blog Tender for the Provision of Cash Distribution Services, via a Framework Agreement (FWA). Tender reference number: IRI2025-0010. Please click to My FX Buddies blog Invitation to Bid 6 page Supplier Code of Conduct Pricing Proposal Previous experience This is a program they have been doing for 5 years but it's the first time I e...

🌍 Iraq is quietly laying the foundation for a massive economic pivot — ⁠ link to My FX Buddies Blog and this time, it’s digital, diversified, and globally focused. ⁠ In this episode, we break down Iraq’s ambitious new trade development strategy, including: S upport My FX Buddie s: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ✅ Digitizing commercial services ✅ Empowering the private sector...

Member of Parliament Mohammed Al-Ziyadi confirmed that "the House of Representatives will begin its sessions on Saturday, as part of the final legislative term, after the legislative recess was canceled." ⁠link to My FX Buddies Blog⁠ He noted that the parliament's agenda includes a number of important laws that are a priority for the next phase. Al -Ziyadi said on Thursday, in a statement seen by...

The Middle East: Between the Curse of Oil and the Dream of Renaissance link to My FX Buddies Blog⁠ For decades, the Middle East has been caught in a cycle of war, division, and dependence. This video explores a deeper truth — that oil, once seen as a blessing, has become a burden fueling destruction rather than prosperity. But what if the region’s salvation isn’t something to wait for — but someth...

Iraq is undergoing a quiet revolution — but it’s not happening in the streets. ⁠link to My FX Buddies Blog It’s happening online. ⁠ In this episode, we explore how Iraq’s bold move toward digital government systems is transforming everyday life — from getting passports and driver's licenses to receiving child support and booking appointments. 💻 Citizens report: Faster service (from 6 hours to 20...

As tensions rise between mideast countries, Iraq faces more than just political risks — its currency and food security hang in the balance. ⁠link to My FX Buddies Blog⁠ Support My FX Buddies: ⁠⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠ In this urgent episode, we break down a powerful warning from economist Othman Karim, who says any Iraqi involvement in the conflict could cause the dollar to explod...

Parliamentary Finance: The 2025 will see a deficit in investment aspects. ⁠ link to My FX Buddies Blog Al-Kadhimi said in a press statement seen by Al-Masry Al-Youm on Saturday that "the 2025 budget will witness a deficit in investment aspects and some operating expenses due to the decline in oil revenues, but this will not affect salaries." S upport My FX Buddies : ⁠ ⁠⁠⁠⁠⁠⁠ https://cash.app/$tish...

Iraqi Dinar Devaluation Rumors Explained Are Iraqi salaries really in danger? Is the government planning to devalue the dinar again? ⁠ My FX Buddies Blogpost In this video, we break down a brand-new press statement from Iraq’s economic advisor, Mazhar Mohammed Salih, who directly addresses the financial rumors spreading across political circles. 📌 Here’s what you’ll learn: The truth about Iraq’s...

The US State Department allows non-essential employees and their families to leave Bahrain and Kuwait. link to My FX Buddies Blogpost US media reported on Wednesday that the State Department has allowed non-essential employees and their family members to depart Bahrain and Kuwait. The Associated Press reported that the State Department "has allowed non-essential employees and their families to lea...

The era of the digital republic has begun. Iraq is cashless, and the Central Bank imposes its authority as the "ruler of the country." ⁠link to My FX Buddies Blog Iraq is changing how money works—and it’s a big dea l! The government and the Central Bank are making everything more digital. That means instead of using cash, people are using cards and apps to pay for things. If you 'd like to support...

Iraq Prints Less Money—What Does It Mean ? ⁠ link to My FX Buddies Blogpost⁠ In April 2025, the Central Bank of Iraq printed less money than it has in a long time. According to official data, the total amount of printed cash dropped to 98.4 trillion dinars—down from 99.8 trillion just a month before. This is the lowest level in over a year, and some are asking: 💬 Why is this happening? 💬 Does it...

Organized plunder: Kurdistan's profits go to American parties and companie s link to My FX Buddies Blog Kurdistan's Oil Profits: American Companies & Local Elites Plunder Iraq's Wealth Organized Plunder? A major scandal is erupting over oil contracts in Iraq’s Kurdistan region. According to economic analyst Ahmed Al-Waili, secret and unconstitutional clauses in deals with American companies ar...

Iraq’s 2025 Budget Battle: Unlocking Stalled Investments! ⁠link to My FX Buddies Blog⁠ Iraq’s economy is at a crossroads! MP Thaer Makhif demands the urgent release of the 2025 budget schedules to revive stalled investment projects across governorates like Najaf. With only 150 trillion dinars projected for 2025, the House of Representatives is pushing Finance Minister Taif Sami to act fast before...

The Kurdistan Region decides to close all electronic currency exchange (forex) and digital trading companies . ⁠ link to My FX Buddies Blog⁠ A statement issued by the Presidency of the Council of Ministers of the Kurdistan Region stated that "the Ministry of Interior in the regional government has been notified to form a special committee, in cooperation with the relevant authorities, to close all...

"Discover how Iraq is poised to become a global banking powerhouse! link to My FX Buddies Blog According to the UN, Iraq is making bold moves to transform its financial sector, both domestically and internationally. Join us as we dive into the exciting steps Iraq is taking to restore confidence, combat financial challenges, and rise as a leader in global finance. From sacrifices to success, this i...

Is Iraq’s economy finally stabilizing? The dollar exchange rate is plummeting in the parallel market, nearing the official rate of 1320 dinars! ⁠ link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/05/d ... Discover how the Central Bank of Iraq’s bold measures, like alternative currencies (euro, dirham) and traveler support, are reshaping the market. Expert Alaa Al-Fahd predicts further d...

Is Iraq’s Economy TOAST? The Oil Crisis Explained! Link to My FX Buddies Blog 📜 Iraq is staring down a massive economic crisis as oil revenues plummet and deficits soar! In this video, we dive deep into the looming fiscal disaster threatening Iraq’s economy. From declining crude oil prices to a lack of financial safeguards, experts warn that Iraq could run out of options in just TWO YEARS! Learn...

The dollar exchange rate continued to decline against the dinar , on Monday (May 26, 2025), with the closure of local stock exchanges in Baghdad. ⁠ link to My FX Buddies⁠ https://www.myfxbuddies.com/2025/05/the-dollar-fell-below-140000-dinars-in.html A Baghdad Today correspondent said the dollar exchange rate reached 140,700 Iraqi dinars for every 100 US dollars as the main stock exchange in Baghd...

Why Iraqis Are Furious: Blackouts, Heatwaves, and Broken Promises ⁠link to My FX Buddies Blog⁠ 🔥 Iraq is bracing for its hottest summer in recent memory — and the power is going out. Millions of Iraqis are facing daily blackouts lasting over 6 hours, and in many areas, it's even worse. With temperatures rising and tempers flaring, experts are warning: if fuel shortages and electricity failures co...

U.S. & Iraq Strengthen Partnership: Energy, Economy & Culture in Focus! ⁠link to My FX Buddies Blog⁠ Al-Sudani’s 4-Pillar Vision for U.S.-Iraq Relations In this episode, we dive into Prime Minister Mohammed Shia Al-Sudani’s high-level meeting with U.S. Senators Angus King and James Lankford, where the future of Iraq–U.S. relations took center stage. If you 'd like to support My FX Buddies...

Amidst regional challenges and accelerating international transformations, Prime Minister Mohammed Shia al-Sudani raised the slogan "Iraq First" by announcing the launch of the National Security Strategy (2025-2030), marking a turning point in Iraq's journey toward strengthening its position as a strong, stable, and sovereign state. ⁠ link to My FX Buddies Blog⁠ During the official launch ceremony...

Why the Dollar's Fall Means Good News for Iraq 🇮🇶 Iraq is witnessing a powerful shift in its financial landscape! As the US dollar declines in the local market, the Iraqi dinar is gaining strength—and that’s GOOD news for everyday citizens. ⁠link to My FX Buddies Blog⁠ In this episode, we break down the key reasons behind the dinar’s rising value, the government’s economic reforms, and how this sh...

Big News for Iraq’s Future: Permanent World Bank Office in the Works! 💼 Iraq’s Economic Gamechanger? World Bank Moves Closer to Permanent Presence ⁠link to My FX Buddies Blog⁠ Iraq is entering a new economic era—and the latest move by the World Bank could be a gamechanger. In this episode, we break down the recent high-level talks between Iraq's Ministry of Finance and the World Bank about establ...

Iraq is rising. With $87 billion in foreign investments pouring in, Iraq is making bold moves to reshape its economy and regional role. In this video, we explore what’s fueling this wave of global confidence — from natural gas and petrochemicals to tourism and diplomacy. Link to My FX Buddies Foreign Minister Fouad Hussein unveiled Iraq's strategy at the Tehran Dialogue Forum, highlighting economi...