Fear has taken hold of Iraq’s currency markets. link to My FX Buddies Blog The Iraqi dinar continued its sharp decline on Tuesday, with the exchange rate for $100 rising to 157,000 dinars in Erbil — up from 149,000 dinars just one day earlier. Currency traders say the rapid move reflects widespread public concern and a growing rush to hold U.S. dollars instead of the local currency. According to Tahsin Khushnaw, a currency exchange office owner in Erbil, the balance inside exchange shops has flipped dramatically. Where cash was once evenly split between dinars and dollars, he says nearly three-quarters is now held in dollars, as citizens scramble to protect their savings. Several factors are converging to drive the panic. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠

Administrative disruptions in Iraq’s official dollar distribution system — including the rollout of a new electronic customs platform — have limited merchants’ access to bank-supplied dollars. Forced into the open market, traders are paying higher prices, pushing the exchange rate even further. Political uncertainty is adding fuel to the fire. Growing fears of U.S. sanctions linked to militia involvement in the next government, combined with warnings about potential restrictions on Iraq’s access to oil revenues, have shaken confidence in future stability. At the same time, the Central Bank of Iraq has intensified enforcement, issuing 22 financial penalties totaling 34.4 billion dinars against local banks in just three months. While aimed at compliance, these actions have contributed to market unease amid already fragile conditions. This domestic turmoil is unfolding alongside a powerful global signal: gold prices have surged past $5,100 per ounce, reflecting heightened geopolitical risk, central-bank buying, and expectations of lower U.S. interest rates. Economists warn that Iraq may be approaching a dangerous crossroads, where economic stability, political decisions, and security concerns are now inseparably linked — and where ordinary citizens are bearing the heaviest cost through rising prices and shrinking purchasing power. 📌 Why the dinar is falling so fast 📌 What’s driving the rush into dollars 📌 How U.S. pressure and policy uncertainty factor in 📌 What this means for everyday Iraqis 🎧 Listen in for the full breakdown as we connect market fear, policy pressure, and global signals. Thanks for Watching! Following Iraq’s Story — Stay Tuned 💰🔥

Iraq’s currency stress is no longer a local issue — it’s unfolding alongside a powerful global signal. link to My FX Buddies Blog On Monday, the Iraqi dinar weakened sharply, reaching 151,500 dinars per $100, as tightening electronic transfer procedures and escalating political pressure from Washington collided in the local market. Exchange officials warned that the rate could slide further toward 153,000 per $100 as demand for dollars continues to outpace supply.

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According to Kaifi Mohammed, spokesperson for the Kurdistan Region’s currency exchange market, recent technical restrictions on the official transfer platform have created severe bottlenecks, preventing merchants from accessing dollars needed for international trade. This administrative strain is being amplified by a hardening U.S. stance toward Baghdad amid negotiations over the formation of Iraq’s next government. Washington has intensified its demands regarding the exclusion of armed factions from state decision-making, introducing heightened uncertainty into Iraq’s financial system. Market participants say this uncertainty has forced merchants — many already carrying heavy debts — to buy dollars at any available price, pushing the exchange rate higher. At the same time, a historic shift is taking place globally. Gold surged past $5,100 per ounce, setting an all-time record as investors rushed toward safe-haven assets. Analysts attribute the surge to escalating geopolitical risks, aggressive central-bank gold purchases, and expectations of continued U.S. Federal Reserve rate cuts — all classic signals of deepening global instability. Political analyst Abbas Jibouri warned that Iraq has reached a “dangerous crossroads,” noting that U.S. threats to restrict Iraq’s access to its oil revenues — held at the Federal Reserve Bank of New York — represent an extremely powerful economic pressure tool. With oil revenues accounting for more than 90% of state income, any disruption could trigger a severe salary shock and broader financial sanctions. Reports suggest Washington may now be prepared to move from targeting individual banks or entities to applying pressure at the state level, using what observers describe as “dollar starvation” as leverage. The message emerging from both markets is clear: currency stability, political stability, and security stability are now inseparable. 📌 Why gold’s surge matters for Iraq 📌 How U.S. pressure affects the dinar 📌 What “dollar starvation” really means 📌 Who ultimately pays the price 🎧 Listen in as we connect the global signals with Iraq’s economic reality. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

A Return That Divides Iraq: Maliki Nominated for Prime Minister ⁠link to My FX Buddies Blog ⁠ Iraq’s political scene has entered a decisive and highly sensitive phase. The Coordination Framework has officially announced the nomination of Nouri Kamel al-Maliki for the position of Prime Minister, presenting him as the candidate of the largest parliamentary bloc following an expanded leadership meeting. In its statement, the Framework said the decision was made by majority vote, citing al-Maliki’s political and administrative experience and his previous role in running the state. Al-Maliki, in turn, affirmed his commitment to the constitutional process and called on Parliament to move forward with electing the President of the Republic within constitutional timelines.

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However, the nomination has immediately exposed deep political divisions. Sunni political leaders warned against what they described as a return to “painful lean days,” urging the need for national acceptance and cautioning against repeating past experiences associated with political, security, and economic crises. These warnings reference al-Maliki’s previous term, which ended in 2014 amid severe instability and the collapse of security in large parts of the country. While the State of Law Coalition insists the nomination enjoys national consensus and denies the existence of any political veto, opposition voices argue that broad social and political acceptance remains uncertain — a critical factor for any candidate seeking to form a government. With Iraq already facing economic pressure, security challenges, and delayed institutional milestones, the question now is whether this nomination will stabilize the political process — or deepen existing divisions. 📌 Is Iraq witnessing continuity — or political recycling? 📌 Can national consensus be achieved at this stage? 📌 What does this mean for Iraq’s stability moving forward? 🎧 Listen in as we break down the nomination, the reactions, and what comes next for Iraq. Thanks for Watching! Following Iraq’s Story — Stay Tuned 💰🔥

Iraq is quietly accelerating its move away from dollar dependence. ⁠link to My FX Buddies Blog⁠ In this episode, we break down new conditions set by the Central Bank of Iraq for Iraqi banks that want to trade in foreign currencies other than the US dollar, including the euro, Chinese yuan, and UAE dirham. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠⁠. ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠⁠. ⁠ According to the Eco Iraq Observatory, banks must now meet strict capital, liquidity, and transparency requirements before they are allowed to operate in alternative currencies — part of a broader banking sector reform program. 📌 Topics covered: • Why Iraq is expanding beyond the dollar • The new capital requirement (300–400 billion dinars) • Liquidity standards (LCR & NSFR explained simply) • Ownership disclosure and transparency rules • How sanctions reshaped Iraq’s banking system • What this signals about Iraq’s long-term strategy 📺 This isn’t about speed — it’s about credibility and control. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

Anger is rising across Iraq as merchants protest new taxes ⁠link to My FX Buddies Blog⁠ and higher customs tariffs, warning that the measures are crippling businesses and squeezing purchasing power. In this video, we break down what’s happening on the Iraqi ground, why traders are cancelling orders, and why prices are starting to feel heavier for everyday Iraqis. We also explain why the government chose this moment to tighten fiscal policy — amid falling oil prices, rising public spending, and pressure to reduce the budget deficit.

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This isn’t just unrest — it’s the human friction of economic reform. 📌 Topics covered: • Why Iraq raised taxes and customs tariffs • How oil price weakness is forcing fiscal change • What merchants are protesting — with real numbers • Who feels the pain first during reform cycles • How this ties into Iraq’s broader stability strategy 📺 Reform is never silent — understanding it matters. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 #iqd ⁠⁠⁠⁠ #iraqidinar⁠⁠⁠ #IraqiDinar⁠News ⁠⁠⁠⁠#IraqEconomy #IraqiDinar #EconomicReality #IraqReform #globalcurrencyreset #myfxbuddies

Can Iraq Redraw the Path to Dinar Stability | Dollar Fluctuations Explained Description link to My FX Buddies Blog The Iraqi exchange market has experienced noticeable dollar fluctuations in recent days — but is this a warning sign, or part of a deeper economic transition? In this episode, we break down what’s really happening behind the scenes as Iraq balances monetary discipline, digital customs reform, and exchange-rate stability. We explore the impact of the European “Skoda” digital auditing system, rising pressure in the parallel market, and the Central Bank’s multi-layered response. Government officials and economists argue that what we’re seeing is not a structural crisis, but a temporary adjustment phase tied to reform — with inflation remaining low and price stability largely intact.

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⁠Featuring insights from Mazhar Muhammad Salih and analysis of Central Bank policy, this discussion explains why dinar stability is a process, not an overnight event. 📌 Topics covered: • Why dollar volatility increased • The ASCYUDA customs system explained • Official vs parallel exchange markets • Why inflation remains under control • How Iraq is reducing dollar dependence • What this means for citizens & investors 📺 Follow Iraq’s economic story — the signal is in the structure, not the noise. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

At the start of 2026, Iraq’s currency market was hit by a sudden shock. ⁠ link to My FX Buddies Blog⁠ The US dollar surged rapidly in Baghdad exchanges, approaching 146,000 dinars, triggering what traders describe as commercial paralysis. Buying and selling halted as uncertainty spread, with demand for hard currency spiking sharply. In this video, we break down: What caused the sudden dollar jump Why markets froze instead of adjusting What this level means psychologically What traders and citizens are watching next This isn’t speculation — it’s what’s happening on the ground.

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Also in this episode: Atrushi: The oil and gas law must be passed as soon as possible. 📌 Follow Iraq’s story — stay informed, not alarmed. #iqd ⁠⁠⁠⁠ #iraqidinar⁠⁠⁠ #IraqiDinar⁠News ⁠⁠⁠⁠#IraqEconomy #IraqiDinar #EconomicReality #IraqReform

The Central Bank of Iraq has officially launched its long-anticipated “zero-zero” project — My FX Buddies Blog historic reform that will redefine the value of the Iraqi dinar and mark a new chapter in the nation’s financial history. This isn’t speculation. It’s a confirmed, carefully planned monetary strategy that aims to remove three zeros from the currency’s nominal value while preserving purchasing power and economic stability. In this episode, we’ll break down: What “removing the zeros” really means — and what it doesn’t How the Central Bank plans to manage the transition gradually Why this reform could strengthen Iraq’s position in global markets The potential impact on trade, oil settlements, and the region’s economy

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From oil revenues and gold reserves to expanding partnerships with global powers, Iraq’s economic foundation has never been stronger. The “zero-zero” project represents not only fiscal reform — but a financial renaissance. #IraqiDinar⁠News⁠⁠⁠ ⁠#iqd⁠⁠⁠ ⁠#iraqidinar⁠⁠

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