My FX Buddies

Plunging Oil Prices Jeopardize Iraq’s Budget: Will the Government Resort to Dollar Revaluation? ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/04/plunging-oil-prices-jeopardize-iraqs.html If you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ Iraq is bracing for renewed economic turbulence as oil prices fall below the critical $65 per barrel mark—five dollars...

MP: June will mark the end of dollar smuggling in Iraq link to My FX Buddies Blog https://www.myfxbuddies.com/2025/04/june-will-mark-end-of-dollar-smuggling.html If you 'd like to support My FX Buddies: ⁠⁠ https://www.paypal.com/paypalme/tishwash Shingal said in a statement monitored by (IQ): "Our transfers are currently considered dollar smuggling, but the situation is now better. I believe that...

Erbil and Washington agree on the need to resume the region's oil exports. link to My FX Buddies Blog https://www.myfxbuddies.com/2025/04/e ... If you 'd like to support My FX Buddies : ⁠⁠ https://buymeacoffee.com/tishwash⁠ Kurdistan Regional Government Prime Minister Masrour Barzani discussed the latest developments in the region in a phone call with US Secretary of State Marco Rubio, stressing t...

Vice President of the American Chamber of Commerce: The Treasury Department will play a role in developing the Iraqi economy. ⁠ link to My FX Buddies Blog ⁠ https://www.myfxbuddies.com/2025/04/the-treasury-department-will-play-role.html I f you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wedne...

Economist: The dollar in Iraq will not be affected by any international changes ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/04/the-dollar-in-iraq-will-not-be-affected.html If you 'd like to support My FX Buddies: ⁠⁠ ⁠ https://www.paypal.com/paypalme/tishwash Economic expert Duraid Al Anzi confirmed that the stability of the dollar exchange rate in Iraq and the slight downward tre...

Iraqi PM Launches Ambitious Banking Sector Reform ⁠link to My FX Buddies Blog https://www.myfxbuddies.com/2025/04/sudani-launches-ambitious-iraqi-banking.html If you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ Prime Minister Mohammed Shia' Al-Sudani addressed the Conference on Reforming the Iraqi Banking Sector on Monday, outlining an ambitious agenda to modernise Iraq'...

Al-Sudani's advisor talks about a "new chapter" with Washington and the agenda of a US delegation in Iraq soon . ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/04/talks-about-new-chapter-with-washington.html If you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ Farhad Alaaldin, the Iraqi Prime Minister's advisor for foreign affairs, spoke about a "new chapte...

The Impact of New US Policies on the Iraqi National Economy ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/04/t ... If you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ Most countries around the world have been affected by these repercussions, which have had a profound impact on the Iraqi economy. What concerns us is the results of these repercussions and t...

Iraq is recovering... an important message from Grand Ayatollah Sistani to the Iraqi people⁠ link to My FX Buddies Blog https://www.myfxbuddies.com/2025/04/iraq-is-recovering-important-message.html ⁠ I f you 'd like to support My FX Buddies: ⁠⁠⁠⁠⁠⁠ https://cash.app/$tishwash⁠ ⁠⁠In a message conveyed by one of his representatives and monitored by the Video News Agency, Ayatollah Sistani said, "The...

Iraq Central Bank: We will launch a major initiative to finance industrial projects ⁠ link to My FX Buddies⁠ https://www.myfxbuddies.com/2025/03/iraq-central-bank-we-will-launch-major.html If you 'd like to support My FX Buddies :⁠ https://www.paypal.com/paypalme/tishwash He added, "This initiative was recently proposed by the Cabinet as part of the government's banking sector reform program and g...

Iraq prepares to receive a delegation representing 50 American companies . link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/iraq-prepares-to-receive-delegation.html If you 'd like to support My FX Buddies :⁠ https://cash.app/$tishwash The Iraqi Embassy in the United States announced on Saturday arrangements to receive a delegation representing 50 American companies specializing in en...

Iraqi PM: Restrictions are useful, and I asked the Americans about their silence on the dollar chaos before me! link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/iraqi-pm-restrictions-are-useful-and-i.html If you 'd like to support My FX Buddie s: https://cash.app/$tishwash After assuming the premiership, I faced the issue of the agreements between the previous government, the Treasur...

Al-Nusairi: 2025 indicators: a strong economy, a recovering dinar, and developing banks. ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/2025-indicators-strong-economy.html If you 'd like to support My FX Buddies:⁠ https://cash.app/$tishwash Al-Nusairi said in an interview with Al-Eqtisad News that the local currency issued amounted to approximately 100 trillion dinars, and our di...

Al-Sudani: Iraq is witnessing a state of recovery, growth, progress, and prosperity. ⁠link to My FX Buddies⁠ https://www.myfxbuddies.com/2025/03/al-sudani-iraq-is-witnessing-state-of.html If you 'd like to support My FX Buddies:⁠ https://cash.app/$tishwash Prime Minister Mohammed Shia al-Sudani affirmed on Tuesday that Iraq is witnessing a clear state of recovery, growth, progress, and prosperity,...

Distributing oil revenues to Iraqis: "Economic collapse inevitable within two years" link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/distributing-oil-revenues-to-iraqis.html If you 'd like to support My FX Buddies: ⁠ https://buymeacoffee.com/tishwash⁠ Controversy is escalating in Iraq over lawsuits filed by citizens demanding their share of oil revenues. An expert has warned of the...

Iraq’s Al-Rafidain bank: New AML system deployed ⁠link to My FX Buddies blog⁠ https://www.myfxbuddies.com/2025/03/iraqs-al-rafidain-bank-new-aml-system.html If you 'd like to support My FX Buddies: ⁠ https://www.paypal.com/paypalme/tishwash “This reflects our commitment to global AML and counter-terrorism financing standards,” the bank stated, noting the move aims to strengthen trust in Iraq’s ban...

Rafidain Bank deploys five ATMs in Baghdad that provide 24/7, commission-free services. ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/rafidain-bank-deploys-five-atms-in.html To facilitate withdrawal and deposit operations If you 'd like to support My FX Buddies: ⁠ https://buymeacoffee.com/tishwash⁠ ⁠ Get a free transcript: https://rss.com/podcasts/myfxbuddies/ Rafidain Bank anno...

Oil exports from Kurdistan Region set to resume next week, confirms Iraqi parliament official link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/oil-exports-from-kurdistan-region-set.html If you 'd like to support My FX Buddies: ⁠ https://cash.app/$tishwash Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to t...

Iraq confronts economic crises with the "digital dinar." The parallel market is threatened with "extinction." ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/i ... If you 'd like to support My FX Buddies: ⁠ https://cash.app/$tishwash⁠ The digital dinar is a digital currency issued by the central bank, officially part of a country's monetary system. It is similar in value to the tr...

To reduce speculation, a Sudanese advisor reveals a new monetary strategy. ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/to-reduce-speculation-sudanese-advisor.html If you 'd like to support My FX Buddies: ⁠ ⁠⁠ https://buymeacoffee.com/tishwash⁠ Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to trans...

Iran issues new 200,000 toman banknote link to My FX Buddies Blog If you 'd like to support My FX Buddies: https://cash.app/$tishwash According to the Central Bank, the new design features a check featuring an image of the Ruhollah Khomeini Mosque in Isfahan, while the reverse features a painting by Mahmoud Farshchian called Choghan. Iran is witnessing an unprecedented surge in popular protests, w...

Economist: Markets will face a recession during Eid due to weak purchasing power link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/economist-markets-will-face-recession.html If you 'd like to support My FX Buddies: ⁠⁠ https://cash.app/$tishwash Economic expert Salah Nouri predicted that market activity would be limited as Eid al-Fitr approaches, explaining that this is linked to the s...

IMF Discusses Strengthening Iraqi Dinar link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/imf-discusses-strengthening-iraqi-dinar.html If you 'd like to support My FX Buddies: ⁠⁠ https://cash.app/$tishwash Key discussions included: Non-oil GDP growth of 5% in 2024, driven by agriculture expansion and increased public spending, with 3.5% growth expected in 2025. Reduced dependence on o...

Ramadan revives the Iraqi dinar and official expectations of a continued decline in the dollar ⁠ link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/r ... If you 'd like to support My FX Buddies : ⁠⁠ https://buymeacoffee.com/tishwash⁠ The decline is due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfe...

Mechanism for publishing data on buying and selling foreign currencie s ⁠link to My FX Buddies Blog⁠ https://www.myfxbuddies.com/2025/03/mechanism-for-publishing-data-on-buying.html If you 'd like to support My FX Buddies: ⁠⁠ https://buymeacoffee.com/tishwash⁠ ⁠ The Central Bank of Iraq explains the mechanism for publishing data on the sale and purchase of foreign currencies from the daily bulleti...