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Tish Washington
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News and updates on the Iraqi Dinar RV and Iraq Politics Visit My FX Buddies Blog to get more information

  1. 21h ago

    Iraq’s Dollar Gap Could Be Closing $3 Billion Cash Injection Should Help

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Iraq is making a major prediction about the country's parallel-market dollar rate. https://www.myfxbuddies.com/2026/11/iraqs-dollar-rate-it-will-be-very-close.html Deputy Prime Minister Mohammed Tamim says the parallel-market exchange rate will decrease and move much closer to Iraq's official exchange rate — and he went a step further, saying, “I am responsible for this statement.” The prediction comes as Iraq says it is receiving significantly larger quantities of physical US dollars. According to Tamim, cash dollar supplies had previously fallen below $3 billion per year, while the US government is now sending approximately $3 billion over a two-month period. He said the first shipment had arrived and another shipment of more than $500 million was expected at the beginning of November. Iraq recently changed its official exchange rate, with the final selling price of the dollar to citizens and non-bank financial institutions set at 1,520 Iraqi dinars per US dollar. The article reports that the Baghdad market was trading around 168,750 dinars per $100. That creates a significant gap between the official and parallel markets. So the big question is: Can an increased supply of physical US dollars, combined with government and Central Bank measures, actually bring the parallel-market rate down toward the official rate? In this video, we'll break down the new dollar shipments, Iraq's exchange-rate adjustment, the $3 billion cash-supply claim, the current official-versus-parallel gap, and Deputy Prime Minister Mohammed Tamim's unusually confident prediction. We'll also look at what would need to happen for the parallel-market rate to actually move closer to the official rate — and what to watch for in the coming weeks. 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Central Bank of Iraq developments, exchange rates, dollar liquidity, banking reform, oil revenues, and Iraq's economic transformation. 👍 If you found this update useful, please LIKE, SUBSCRIBE, and SHARE it with others following Iraq's currency and economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers Get a free transcript https://rss.com/podcasts/myfxbuddies 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    Iraq’s Dollar Gap Could Be Closing $3 Billion Cash Injection Should Help

  2. 4d ago

    Could an IMF Bailout Change Iraq’s Economic Future?

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Is Iraq heading back to the IMF? https://www.myfxbuddies.com/2026/10/imf-prepares-new-bailout-package-for.html The International Monetary Fund says it is engaging with Iraqi authorities to prepare a new program as Iraq faces severe financial and economic pressure. The IMF says Iraq's narrow non-oil revenue base is putting pressure on its fiscal position, while the country's heavy dependence on energy exports leaves it particularly vulnerable to disruptions in oil exports and regional conflict. The IMF has also forecast that Iraq's economy could contract by 16% this year. At the same time, Iraqi Prime Minister Ali Falih al-Zaidi has argued that his government does not want to rely on additional external or domestic borrowing. Zaidi says he inherited public debt exceeding 208 trillion Iraqi dinars and that the government needs roughly 10 trillion dinars every month to provide salaries. According to Zaidi, the government faced difficult choices: delay payments, spread salary payments further apart, or borrow more money. He says the government chose to adjust the exchange rate rather than add more debt. So why is the IMF now engaging with Iraq on a new program? In this video, we'll break down what the IMF has said, Iraq's debt and fiscal pressures, the impact of oil-export disruptions, the 16% contraction forecast, Zaidi's explanation for the exchange-rate adjustment, and what a potential IMF program could mean for Iraq's economy and the Iraqi dinar. We'll also look at the important distinction between an IMF "program" and an actual bailout, and why that distinction matters when discussing Iraq's financial future. 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Iraq's economy, Central Bank of Iraq developments, exchange rates, IMF programs, banking reform, oil revenues, and Iraq's financial transformation. 👍 If you found this update useful, please LIKE, SUBSCRIBE, and SHARE it with others following Iraq's currency and economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers Get a free transcript https://rss.com/podcasts/myfxbuddies 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    Could an IMF Bailout Change Iraq’s Economic Future?

  3. 5d ago

    $80 BILLION! Iraq’s Dollar Reserves Surge as More US Cash Arrives

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Iraq's dollar reserves have reportedly recovered to around $80 billion, https://www.myfxbuddies.com/2026/10/80-billion-iraqs-dollar-reserves-surge.html up from approximately $73 billion during the previous period, according to statements attributed to Central Bank of Iraq spokesman Mahmoud Dagher. At the same time, Iraq says US dollar cash shipments are continuing, with two planes reportedly arriving and each shipment carrying approximately $500 million in physical US currency. That means roughly $1 billion in cash shipments could already have arrived, while additional deliveries are expected in the coming days — subject to security conditions. In this video, we break down Iraq's reported $80 billion in dollar reserves, the recovery attributed partly to oil export revenues, the continued arrival of physical US dollars, and what this could mean for Iraq's dollar liquidity and exchange-rate environment. The Central Bank also says Iraq's gold reserves remain unchanged at approximately 170 tons. Another important part of the story is where Iraq keeps its reserves. According to the central bank spokesman, the majority of Iraq's reserves are held with the US Federal Reserve because of the protection it provides, while additional reserves are distributed among financial centers in Europe, Basel, the UAE, and China. We'll also discuss why Iraq has reportedly increased the number of annual dollar allocations available to travelers and why continued physical cash shipments remain connected to security conditions and the safe transportation of the money. For those following the Iraqi dinar, the big questions are: Does stronger dollar liquidity help stabilize Iraq's currency market? Can rebuilding reserves provide additional financial protection? And what could continued US cash shipments mean for Iraq's exchange-rate strategy? 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Central Bank of Iraq developments, exchange rates, dollar liquidity, oil revenues, banking reform, and Iraq's economic transformation. 👍 If you found this update useful, please LIKE, SUBSCRIBE, and SHARE it with others following Iraq's currency and economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    $80 BILLION! Iraq’s Dollar Reserves Surge as More US Cash Arrives

  4. Oct 26

    BEFORE Removing Zeros… Iraq Must Strengthen the Dinar

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Could Iraq strengthen the Iraqi dinar BEFORE removing zeros from the currency? https://www.myfxbuddies.com/2026/10/strengthen-iraqi-dinar-first-roadmap.html A new discussion from Iraq Observer puts economic and monetary reform at the center of the conversation about the future of Iraq's currency. Economic researcher Dr. Safwan Qusay says that determining the fair value of the Iraqi dinar and decisions involving removing zeros or replacing the currency fall under the Central Bank of Iraq's monetary policy. But he emphasizes that major currency changes should not happen in isolation. According to Qusay, Iraq first needs the economic foundations necessary for reform — including diversifying government revenues, strengthening the national economy, improving monetary stability, reducing counterfeiting, bringing cash holdings back into the banking system, and expanding electronic payments. That raises an important question for anyone following the Iraqi dinar: Could strengthening the dinar and improving Iraq's economic fundamentals come BEFORE any future decision to remove zeros? In this video, we'll break down what the economist actually said, what removing zeros means, why economic reform matters, the role of the Central Bank of Iraq, electronic payments, cash outside the banking system, and why currency reform may be a later step rather than the starting point. We'll also look at what this could mean for the future of the Iraqi dinar — without confusing currency reform, redenomination, and an exchange-rate change. 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Central Bank of Iraq developments, exchange rates, banking reform, economic reform, oil revenues, and Iraq's financial transformation. 👍 If you found this update useful, please LIKE, SUBSCRIBE, and SHARE it with others following Iraq's currency and economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    BEFORE Removing Zeros… Iraq Must Strengthen the Dinar

  5. Oct 24

    Iraq Wants $2.5 BILLION in Dollars - Can It Close the Exchange Rate Gap?

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Iraq is looking to dramatically increase the amount of US cash dollars My FX Buddies Blog entering the country as Baghdad tries to narrow the gap between the official exchange rate and the parallel market. Prime Minister Ali al-Zaidi says the government is working to increase dollar shipments from roughly $500 million per month toward $1 billion — while also seeking shipments worth as much as $2.5 billion. The announcement comes after Iraq raised its official cash selling rate from 1,320 to 1,520 dinars per US dollar, while the parallel market rate moved above 170,000 dinars per $100. So could a much larger supply of physical US dollars actually bring the parallel market rate closer to the official rate? In this video, we break down Iraq's dollar shipment strategy, the $500 million monthly deliveries, the proposed $1 billion target, the potential $2.5 billion shipments, US concerns over cash-dollar flows, and what all of this could mean for Iraq's exchange-rate gap. We'll also look at why the US Federal Reserve has reportedly been cautious about supplying large quantities of physical dollars to Iraq and why Washington's concerns over illicit financial flows and Iran-aligned armed groups remain part of the equation. For those following the Iraqi dinar, the key question is not simply whether Iraq can obtain more dollars — it's whether increased dollar liquidity can actually narrow the gap between the official and parallel-market rates. 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Central Bank of Iraq developments, exchange rates, banking reform, oil revenues, dollar liquidity, and Iraq's economic transformation. 👍 If you found this update useful, please LIKE the video, SUBSCRIBE, and SHARE it with others following Iraq's currency and economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    Iraq Wants $2.5 BILLION in Dollars - Can It Close the Exchange Rate Gap?

  6. Oct 21

    IRAQI DINAR: 2ND WORST-PERFORMING ARAB CURRENCY - OR IS IT?

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Is the Iraqi dinar really the 2nd worst-performing Arab currency? My FX Buddies blog A new report citing data attributed to Bloomberg says the Iraqi dinar has fallen 14.2% against the U.S. dollar since the beginning of 2026, placing it behind the Libyan dinar among the Arab currencies cited. But there's an important distinction. A currency being one of the worst-performing currencies does NOT mean it has one of the lowest nominal values. And Iraq's currency situation has become especially important following the October 7 exchange-rate adjustment. The Central Bank of Iraq announced a new exchange-rate structure of: 💵 1,500 IQD per $1 — dollar purchases from the Ministry of Finance 💵 1,510 IQD per $1 — sales to banks 💵 1,520 IQD per $1 — cash sales to the public. البنك المركزي Reuters reported that the change represented roughly a 14.5% devaluation from the previous official rate, while noting that the move gives the government more dinars for each dollar of oil revenue but raises import costs and puts pressure on household purchasing power. Reuters Meanwhile, the CBI says its foreign reserves remain sufficient to meet legitimate foreign-exchange needs, including trade financing, international card settlements and traveler cash requirements. البنك المركزي So the bigger question isn't simply: “Is the dinar falling?” It's: Why is it falling, how long could the pressure last, and what happens if the gap between the official and parallel markets grows? In this video we'll look at: 🇮🇶 The 14.2% figure 💵 The new 1,520 exchange rate 🛢️ Iraq's dependence on oil revenues 🏦 The Central Bank and foreign reserves 📈 The parallel-market dollar 🛒 Import prices and purchasing power 💰 Government spending and the budget 🌎 Iraq's dependence on foreign currency 📊 What could determine the dinar's next move And most importantly: Is this an exceptional response to a difficult economic situation—or a sign that Iraq needs deeper financial and structural reforms? Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    IRAQI DINAR: 2ND WORST-PERFORMING ARAB CURRENCY - OR IS IT?

  7. Oct 19

    IRAQ'S BANKING SHIFT: New CBI System + U.S. Restrictions Lifted

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! The Central Bank of Iraq introduces a new electronic system for replacing damaged currency. https://www.myfxbuddies.com/2026/10/the-central-bank-of-iraq-introduces-new.html The Central Bank of Iraq announced on Sunday the introduction of a new electronic system for replacing damaged currency, as part of its efforts to simplify procedures and make it easier for citizens to access this service more quickly and efficiently. The bank explained in an official statement that the system allows citizens to submit requests to replace damaged currency electronically via the “Aur” platform, by entering and confirming the required data, and the competent authorities in the Central Bank of Iraq will complete the necessary procedures to complete the replacement process. The statement affirmed that the introduction of the system comes within the Central Bank of Iraq’s directions towards digital transformation and the development of services provided to citizens, which contributes to simplifying procedures, reducing time and effort, and raising the efficiency of banking services provided to the public. The statement noted that citizens wishing to benefit from the service can submit their applications through the "Our" electronic platform via the link: The bank also made it possible to view the details of the "Instructions for Replacing Damaged Currency" through its official website via the following link: Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    IRAQ'S BANKING SHIFT: New CBI System + U.S. Restrictions Lifted

  8. Oct 17

    THE U.S. IS TALKING UP IRAQ -Investment, Energy & WTO Reform

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! This message is coming from Washington—not Baghdad. My FX Buddies Blog The U.S. State Department says the Iraqi market offers promising trade and investment opportunities for American companies and exporters. According to the statement reported by Iraq Observer, Washington sees opportunities particularly in government contracts and the energy sector, while also emphasizing that Iraq needs to improve its business environment, address regulatory challenges and continue reforms supporting its path toward World Trade Organization membership. Observer Iraq That distinction matters. This isn't simply an Iraqi government announcement saying, “Come invest in Iraq.” The United States is telling American businesses that Iraq represents a potentially promising market. At the same time, the U.S. is pointing to regulatory and business-environment reforms as important conditions for deeper economic integration. Previous U.S. investment-climate reporting has also highlighted regulatory and bureaucratic obstacles facing foreign investors in Iraq. U.S. Department of State And there's another important piece of the story: U.S.-Iraq trade was approximately $10.4 billion in 2025, according to the U.S. Trade Representative, down 13.5% from 2024. U.S. goods trade was about $7.9 billion, while services trade was approximately $2.4 billion. United States Trade Representative So why is Washington emphasizing Iraq's investment potential now? We'll look at: 🇺🇸 What the U.S. State Department actually said 🇮🇶 Why Iraq is being described as a promising market 🏗️ Government contracts and infrastructure 🛢️ The energy sector 🏦 The business and regulatory environment 🌎 Iraq's path toward WTO membership 💵 Current U.S.-Iraq trade 📈 What greater American investment could mean for Iraq's economy And most importantly: we'll separate what Washington is actually saying from what Iraq may hope happens next. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

    THE U.S. IS TALKING UP IRAQ -Investment, Energy & WTO Reform
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News and updates on the Iraqi Dinar RV and Iraq Politics Visit My FX Buddies Blog to get more information

Information

  • Creator
    Tish Washington
  • Years Active
    2026
  • Episodes
    527
  • Rating
    Explicit
  • Copyright
    © QTW 2023
  • Show Website
    My FX Buddies