My FX Buddies

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

  1. 10H 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

  2. 2D AGO

    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

  3. 3D AGO

    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

  4. 4D AGO

    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
  5. US Issues 7 Demands… Maliki Won’t Back Down - Iraq Heading for a Dangerous Week?

    5D AGO

    US Issues 7 Demands… Maliki Won’t Back Down - Iraq Heading for a Dangerous Week?

    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 economic alarm• German-Iraqi banking partnership announcedIf you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... • Explosive new corruption details revealed “in numbers” Is Iraq entering a turning point moment? With regional tensions rising and Washington closely watching Baghdad, the next few days could shape Iraq’s political and economic future. 📌 What does this mean for the dinar?📌 Is the US drawing red lines?📌 Is the political stalemate about to break? Let’s break it down. Stay informed. Stay prepared.Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥DINAR UNDER PRESSURE

    32 min
  6. Iraq Update: Political Shifts, Banking Expansion & Rising Regional Tensions

    6D AGO

    Iraq Update: Political Shifts, Banking Expansion & Rising Regional Tensions

    Something unusual is happening in Iraq. link to My FX Buddies Jets are filling the Middle Eastern skies. Banks are expanding digital platforms. Support for Maliki is quietly weakening. And Washington is adjusting its presence in the region. Individually, these are headlines. Together, they tell a bigger story. Tonight, we connect the dots. 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 today’s Iraq update: • U.S. military posture shifts amid Iran tensions• Kurdistan seeks Central Bank approval for Nishtiman Bank• Digital payment expansion via Iraqi Islamic Bank• Coordination Framework withdraws broad support from Maliki• Trump sets a 10-day deadline on Iran talks Are these isolated developments — or part of a larger strategic pivot? We analyze what these changes could mean for Iraq’s political stability, banking reform, and regional positioning. Stay informed. Stay prepared. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

    27 min

  7. FEB 19

    Iraq’s Gold & Dollar Reserves “Very Good” – Is the Economy Really Safe?

    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 uncertainty? Are Iraq’s reserves truly strong enough to ensure stability? 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 growing geopolitical tensions, global uncertainty, and fluctuating exchange rates, many Iraqis are turning to gold as a financial safe haven. In this video, we break down:✔ Iraq’s gold reserves✔ Foreign currency reserves✔ The role of the Central Bank✔ Why citizens are buying gold✔ Whether stability is truly secure Is Iraq financially stable… or preparing for turbulence? Watch until the end. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

    35 min
  8. Iraq May Be Forced to Change the Dinar Rate – MP Jamal Kochar Warns

    FEB 18

    Iraq May Be Forced to Change the Dinar Rate – MP Jamal Kochar Warns

    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 $108 billion in currency reserves, Kochar explains that poor budget planning and falling oil prices have created a real liquidity problem. If the situation continues, he says one of the most dangerous options on the table could be changing the Iraqi dinar exchange rate. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... In this video, we break down: Why Iraq has reserves but no cash The impact of the three-year budget What “adjusting the dinar” really means Who would pay the price if it happens 📌 This is a must-watch for anyone following Iraq’s economy, currency reform, and financial future. DINAR UNDER PRESSUREThanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

    36 min
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About

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

Information

  • Creator
    Tish Washington
  • Years Active
    2021 - 2026
  • Episodes
    793
  • Rating
    Clean
  • Copyright
    © Tish Washington
  • Show Website
    My FX Buddies