My FX Buddies

Tish Washington

Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.

  1. 19 HRS AGO

    Empty Pockets in Ramadan? Iraq Retirees Ask: Where Is My Salary?

    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 entitlements. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... In this video we discuss: • Reports of liquidity concerns• Why delays seem to repeat monthly• The growing public frustration• Activist calls for reform• What this means for Iraq’s financial stability Retirees say their salaries are a legal right — not a favor. Is this temporary administrative pressure… or a deeper financial strain? Let’s break it down. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

    32 min
  2. 1 DAY AGO

    Iraq’s Economic Stress Signals: Fuel Queues, Dollar Surge & Regional War Risk

    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 $100.Gold prices are rising in Baghdad and Erbil. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... With tensions escalating between the United States, Israel, and Iran, concerns are growing about: • Oil export disruptions• Strait of Hormuz risks• Supply chain pressure• Energy market instability• Public panic buying Economists warn that Iraq could face serious pressure if maritime routes are disrupted or if the conflict expands into economic infrastructure. In this video we break down: ✔ What the fuel queues really mean✔ Why the dollar jumped✔ Whether food supplies are actually safe✔ The Central Bank reserve option✔ Kirkuk-Ceyhan export alternatives✔ The worst-case displacement scenario Is this just market anxiety… or the beginning of a deeper economic tunnel? Watch to understand what’s really happening. Thanks for Watching!Following Iraq’s Story — Don’t Give Up 💰🔥#iqd⁠⁠ ⁠⁠#iraqidinar⁠⁠⁠⁠⁠ ⁠⁠#IraqiDinar⁠News⁠⁠

    33 min
  3. 3 DAYS AGO

    Converting the Dollar… Cutting Salaries? Iraq’s Economic Pressure Builds

    Iraq is expanding its financial strategy — but financial link to My FX Buddies Blog pressure is rising at the same time. In this update, we break down: • The Central Bank’s move to allow dollar conversion into multiple currencies like the euro, yuan, and dirham• How this may reduce dependence on the US dollar• Why officials say this improves banking flexibility and global trade access• Growing liquidity pressure inside Iraq• Possible forced salary savings or layoffs if oil revenues fall Is this smart diversification — or a sign of deeper financial stress? If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... With oil revenues fluctuating and government spending heavily tied to salaries, Iraq faces tough decisions in 2026. We break it down clearly and calmly. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

    34 min
  4. 5 DAYS AGO

    Parallel Dollar Surges to 1550 — CBI Blames Traders and Citizens

    The Iraqi dinar continues to weaken in the parallel market, link to My FX Buddies Blog reaching 153,000 dinars per $100, while the Central Bank of Iraq says it is not responsible for the widening gap between the official and market exchange rates. In this update we break down: • Why the dollar is rising in the parallel market• The impact of the ASYCUDA customs system• Why traders are avoiding the official platform• 22 Iraqi banks barred from dollar transactions• The Oliver Wyman banking reform plan• Is this policy failure… or market evasion? Is the issue the dollar? If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... Or is the real problem the dinar itself? Let’s break it down. 💬 Drop your thoughts below — who is responsible? “Dinar weakens…The dollar climbs…And now the Central Bank says — don’t blame us. But if not them… then who?” The exchange rate has reached 153,000 dinars per 100 dollars in the parallel market. That’s a widening gap between the official rate and what citizens actually pay. The Central Bank says the problem isn’t policy. They say it’s traders. Specifically, traders using informal channels to avoid customs duties and taxes after the implementation of the ASYCUDA customs system. But here’s the deeper issue. When 22 banks are barred from dealing in U.S. dollars…When traders avoid the official platform…When demand moves to the parallel market… Pressure builds. And when pressure builds — the dinar weakens. The Central Bank says reform is underway.A banking overhaul with Oliver Wyman.Compliance upgrades.International standards. But the question remains: Is this a temporary adjustment… Or a structural currency problem? Because in the end —Markets don’t move on statements. They move on confidence.

    37 min
  5. 24 FEB

    Sovereign financial guarantees - Is Sudani’s second term quietly forming? And more

    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 pushes for influence in presidential selection• Iraqi oil revenues remain deposited in New York• Washington calls the Sudani–Barzani meeting “productive”• And the Coordination Framework meets under rising internal pressure If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... Is Sudani’s second term already decided?Is Iraq stabilizing — or standing on the edge of institutional crisis? In this breakdown, we connect the political, financial, and geopolitical dots. Stay informed. Stay prepared.Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥DINAR UNDER PRESSURE

    33 min
  6. 23 FEB

    Oil pressure • Salary crisis • Public ANGER• WTO Update• Iraq's Clock is Ticking

    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💥 $9.8 billion deficit If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... Public sector salaries, pensions, and social welfare now consume nearly all oil revenues. Meanwhile, political deadlock delays critical economic reform. In this update we break down: • Why 2026 could be a financial turning point• The real danger behind public sector inflation• How falling oil prices threaten stability• The IMF’s warning about Iraq’s economic model• Whether austerity could spark public anger• What options the next government actually has Is Iraq heading toward reform — or another crisis like 2008, 2014, or 2020? Let’s break it down. Stay informed. Stay prepared.Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥DINAR UNDER PRESSURE

    34 min
  7. 22 FEB

    Is the Iraqi Dinar the Real Problem? Dollar Surges as CBI Faces Criticism

    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.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... • The ASYCUDA customs automation system• Reduced “return dollar” practices• Increased demand from Kurdistan Region ports• Pressure on import financing At the same time, MP Youssef Al-Kalabi claims the Central Bank has “utterly failed” to manage liquidity — warning that the real issue isn’t the dollar… it’s the Iraqi dinar. Is this a supply problem?A policy failure?Or a deeper structural issue inside Iraq’s monetary system? We break it all down. 💬 Drop your thoughts below — is this temporary pressure or something bigger? Stay informed. Stay prepared.Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥DINAR UNDER PRESSURE

    34 min

About

Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.