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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. 3d ago

    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

  2. 5d ago

    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?

  3. 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?

  4. 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

  5. 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

  6. Oct 15

    IS $3 BILLION THE NEW CARROT? Iraq Is Still Waiting for the Dollars

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Where are the $3 billion Iraq was expecting? https://www.myfxbuddies.com/2026/10/is-3-billion-new-carrot-iraq-is-still.html A new report from Al-Mada has put another major question on Iraq's dollar market. Parliamentary Finance Committee member Jamal Kojar says the Iraqi government was expecting $3 billion in Iraqi funds held in the United States to be released in one lump sum. But Kojar says he cannot confirm whether the money has arrived yet. He believes the delay may be contributing to the rise in the parallel-market dollar rate. He also says that government intervention and additional dollar availability could help bring the parallel rate toward approximately 155,000–156,000 dinars per $100. جريدة المدى Importantly, Kojar also clarified that these are Iraqi funds—not U.S. government money being sent to finance Iraq's budget. He said the expected funds are intended to support the exchange rate rather than the budget itself. جريدة المدى And this comes after Iraq's major exchange-rate change earlier this month. The new structure sets the Central Bank's purchase rate at 1,500 IQD per dollar, the bank rate at 1,510, and the public/end-user rate at 1,520. So the big questions are: 💵 Where are the $3 billion? 💵 Have the funds actually arrived? 💵 Can additional dollar liquidity calm the parallel market? 💵 Will the official and parallel rates move closer together? 💵 And what other measures could Iraq take next? We'll also look at the broader financial and economic developments surrounding Iraq's currency and 2027 budget. As always, we'll separate what has actually been confirmed from what is still being reported, expected, or speculated. 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

    IS $3 BILLION THE NEW CARROT? Iraq Is Still Waiting for the Dollars

  7. Oct 13

    Iraq's Wealth & Washington - Is it Financial Plunder?

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! A major accusation is coming from Baghdad. My FX Buddies Blog link Zuhair al-Jalabi, a member of Iraq's Coordination Framework, says the United States continues to exert significant influence over Iraq's political, economic and security decisions. According to the statement reported by Al-Maalomah, al-Jalabi argues that U.S. influence has expanded beyond politics and security into Iraq's financial system and economic affairs. He further accused the Trump administration of seeking greater control over Iraq's funds, resources and vital economic sectors. Those are al-Jalabi's allegations—but there is another part of this story that is independently documented. Reuters reported in September that Iraq's oil revenues continue to flow through the dollar-based financial system, with Iraqi oil revenue held through a Central Bank of Iraq account at the Federal Reserve Bank of New York. Reuters also reported that this arrangement gives Washington significant economic leverage, while Iraqi officials say it provides financial stability, protects oil revenues and facilitates access to dollars for international trade. So the bigger question is: How much influence does Washington actually have over Iraq's financial system—and where does Iraqi sovereignty begin and U.S. financial leverage end? In this episode, we'll break down al-Jalabi's accusations, the Federal Reserve connection, Iraq's oil revenues, dollar access, and the changing relationship between Baghdad and Washington. Important: This video distinguishes between statements and accusations made by Iraqi political figures and independently reported facts. Following Iraq's Story — Don't Give Up. 💰🔥 I covered some other interesting articles 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 Wealth & Washington - Is it Financial Plunder?

  8. Oct 12

    DID THE CBI REALLY FREEZE IRAQ’S PARALLEL DOLLAR MARKET?

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! I searched specifically for the announcement shared with me, including Arabic-language searches for variations of: https://www.myfxbuddies.com/2026/10/did-iraqi-central-bank-really-announce.html - “Central Bank of Iraq” - “suspending publication of exchange rates” - “parallel market” - “freezing the parallel market” - “suspending publication of dollar rates” I could not find a current official CBI announcement using that language. What makes this particularly interesting is that the CBI has previously taken a very strong position against publishing speculative parallel-market rates from August of 2023 So I will keep searching and update you tomorrow. I covered some other interesting articles 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

    DID THE CBI REALLY FREEZE IRAQ’S PARALLEL DOLLAR MARKET?
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News and updates on the Iraqi Dinar RV and Iraq Politics Visit My FX Buddies Blog to get more information

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  • Creator
    Tish Washington
  • Years Active
    2026
  • Episodes
    524
  • Rating
    Explicit
  • Copyright
    © QTW 2023
  • Show Website
    My FX Buddies