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. Jul 9

    NEW INFO: U.S. Dollar Shipments Return After Iraq Agrees to New Conditions

    A major report from The Wall Street Journal claims Iraq agreed to link to My FX Buddies Blog strengthen financial controls aimed at preventing U.S. dollars from reaching sanctioned groups in exchange for the resumption of American dollar shipments.cashapp $tishwash paypal.me/tishwashIn this video we discuss:✅ Why U.S. dollar shipments were suspended✅ Why they have now resumed✅ The reported agreement between Baghdad and Washington✅ New financial safeguards✅ Banking reforms✅ U.S. Treasury oversight✅ Anti-money laundering efforts✅ Iraq's relationship with the Federal Reserve✅ Prime Minister Ali al-Zaidi's upcoming Washington visitThis story also connects with Iraq's broader banking modernization, financial compliance, investment reforms, and efforts to strengthen international confidence in its financial system.Iraq has reached a major agreement with the United States to block the flow of US dollars to Iran and its allied militias. In return, the Trump administration has resumed shipments of American currency to Baghdad after a four-month suspension.According to The Wall Street Journal, the US Treasury halted dollar deliveries in late February amid the war with Iran. Iraq, facing a severe cash liquidity crisis due to halted oil exports, agreed to implement stricter controls on currency exchange companies and prevent payments to pro-Iranian armed groups.This development is part of broader US efforts to pull Iraq closer to Washington following the regional conflict.Key points:• US suspended $500M+ cash shipments to Iraq• Dollar deliveries resumed late last month• Iraq promises new safeguards against dollar smuggling to Iran

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