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PODCAST

My FX Buddies

Tish Washington

News and updates on the Iraqi Dinar RV and Iraq PoliticsVisit My FX Buddies Blog to get more information

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All Episodes

28:37

From Zero to Billionaire: The Truth Behind Iraq’s...

My FX Buddies ·

2025/12/28

Iraq is witnessing a shocking phenomenon: individuals with ⁠link to My FX Buddies Blog⁠ no business history becoming billionaires in record time. In this episode of My FX Buddies, we take a deep, realistic look at: The shadow economy behind rapid wealth How the dollar platform & exchange rate gap created a “money machine” The role of front companies, fake invoices, & money laundering Why oil smuggling networks became a shortcut to fortune The rise of a parasitic elite blocking reform If

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33:46

Is Iraq Entering A Financial Crisis? 💸 What Happens...

My FX Buddies ·

2025/12/27

Iraq is facing new financial pressure — a growing deficit, rising link to My FX Buddies Blog⁠ debt, and talk of borrowing to secure salaries. Outgoing PM Al-Sudani’s recent comments have intensified concerns: 👉 Is Iraq entering an economic crisis? 👉 Could borrowing impact employee salaries & purchasing power? 👉 Is removing the three zeros a solution — or a risk? In today’s episode we break down: 💸 Why the deficit is growing 📉 Why experts warn of “structural imbalance” 🛢️ Iraq’s 90%

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32:44

Rosy Promises vs Reality: 5 Facts Threatening Iraq’s...

My FX Buddies ·

2025/12/22

Many citizens are being told comforting stories about Iraq’s ⁠link to My FX Buddies Blog⁠ economy — that revenues are sufficient, salaries are safe, and solutions are simple. But according to economic expert Manar Al-Obaidi, these rosy promises hide a far more complex and dangerous reality. In this video, we break down 5 undeniable facts threatening Iraq’s economic system — facts often ignored or softened in public discourse. If you'd like to Support the channel: ⁠⁠⁠⁠

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33:55

What Does the Iraqi Economy REALLY Need to Reform? 🇮🇶💰

My FX Buddies ·

2025/12/19

Despite strong reserves and low inflation, Iraq’s economy ⁠link to My FX Buddies Blog⁠ faces deep structural challenges beneath the surface. This analysis breaks down what the Iraqi economy truly needs for reform, including: • Why oil dependence continues to weaken long-term growth • How public sector expansion distorts productivity • The hidden cost of subsidies and energy mismanagement • Why banking reform is essential for real investment • The missing role of a strong private sector If you'd like

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33:27

Sudani Speaks: Who Really Controls the Dollar...

My FX Buddies ·

2025/12/17

Prime Minister Mohammed Shia Al-Sudani has issued his first link to My FX Buddies Blog⁠ clear statement regarding the dollar exchange rate — and it matters. In a televised interview, Sudani confirmed that changing the dollar exchange rate is the exclusive authority of the Central Bank of Iraq, not the government. He also emphasized that Iraq’s current direction is stability, pointing to the successful narrowing of the gap between the official and parallel market rates. If you'd like to Support the

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30:24

Iraq’s Austerity Plan: Temporary Fix or Long-Term...

My FX Buddies ·

2025/12/16

Iraq’s austerity plan is once again in the spotlight as the link to My FX Buddies Blog⁠ government moves to cut spending and increase revenue amid financial pressures and political uncertainty. But experts warn that these decisions could have serious economic and social consequences, especially for the middle and low-income classes. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ Energy

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25:05

Float, Devalue, or Hold? A Deep Dive Into the Future...

My FX Buddies ·

2025/12/16

Iraq’s economic debate is heating up again — should the dinar ⁠link to My FX Buddies Blog⁠ float, devalue, or remain stable and protected? In this episode, we break down a powerful commentary responding to economist Dr. Nabil Al-Marsoumi and explore the core question: What is truly best for Iraq’s economy right now? We cover: 🔹 Why floating the dinar now could crash the market 🔹 Why reducing the exchange rate is considered by some an economic crime 🔹 The failures of the “White Paper” and who it

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28:22

Iraq on Edge: Salary Cuts & Dollar Spike Fears — What...

My FX Buddies ·

2025/12/14

Iraq is facing a critical economic moment, as new warnings ⁠link to My FX Buddies Blog ⁠ emerge about potential decisions that could shake the country’s financial and social stability. Economic expert Ahmed Al-Tamimi cautions that any move to cut salaries or raise the dollar exchange rate would cause immediate and severe consequences for millions of Iraqis — including higher prices, weakened purchasing power, and a deeper recession. If you'd like to Support the channel: ⁠⁠⁠⁠

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24:37

The White Paper: IMF Reforms Hit Iraq — What Comes...

My FX Buddies ·

2025/12/13

Iraq has officially begun implementing the IMF-backed White ⁠link to My FX Buddies Blog ⁠ Paper reforms, a move that economists warn will bring major social and financial pressure, especially on low- and middle-income citizens. Economist Nabil Al-Marsoumi explains that the White Paper is not just a plan — it is already underway, and we are seeing the early signs: 📈 Rising dollar exchange rate 💰 Salary reductions & hiring freezes 🛒 Cuts to food subsidies and ration support 🏭 Privatization of

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35:40

Will Half of Iraq’s Banks Disappear? Banking Reform...

My FX Buddies ·

2025/12/12

Iraq’s banking sector is entering one of the most dramatic link to My FX Buddies Blog reform phases in decades, and experts warn that up to half of Iraq’s private banks may disappear through mergers or exits. This comes as the Central Bank of Iraq (CBI) begins implementing its comprehensive reform roadmap, developed with the global consulting firm Oliver Wyman. The plan aims to rebuild the banking system to meet international standards, strengthen compliance, raise capital levels, and restore

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35:35

7 Iraqi Banks to Return After US Sanctions — DATE...

My FX Buddies ·

2025/12/09

In a major development for Iraq’s financial sector, informed sources have link to My FX Buddies Blog revealed the expected timeline for the return of Iraqi banks that were previously punished by the U.S. Treasury and barred from dealing in dollars.If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠The video previous to this can be found here: https://www.youtube.com/watch?v=pNK1pw5Gssg Iraq Must

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32:29

20 Years Without an Oil & Gas Law — Why Iraq Still...

My FX Buddies ·

2025/12/06

For nearly 20 years, Iraq’s most important economic law — the ⁠link to My FX Buddies Blog⁠ Federal Oil & Gas Law — has been stuck in the drawers of parliament. It remains the missing piece needed to regulate the country’s energy wealth, unify policy between Baghdad and the Kurdistan Region, and unlock billions in investment. According to energy experts, the failure to pass this law has created a legislative vacuum that continues to damage Iraq’s energy sector, undermine foreign investment, and

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35:18

New Dec 1 Mechanism Shakes Iraq’s Market — NOT the...

My FX Buddies ·

2025/11/25

The sudden rise of the dollar in Iraq wasn’t caused by a ⁠link to My FX Buddies Blog⁠ change in the official exchange rate — and the Central Bank made that clear. So what really happened? Economist Manar Al-Obaidi reveals the truth: 👉 The spike is tied directly to the new customs pre-calculation mechanism launching December 1. Under this historic reform, no bank will be allowed to process foreign transfers unless customs fees are calculated in advance. This closes the door on decades of: If you'd

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27:06

Just 2 Conditions Left Before Iraq Joins Global...

My FX Buddies ·

2025/11/21

A new report reveals a little-known but extremely powerful ⁠link to My FX Buddies Blogpost⁠ department inside the Central Bank of Iraq — described by economists as the “silent backbone” of the entire Iraqi economy. This “secret operations room” manages Iraq’s foreign reserves, monitors global market risks, stabilizes the exchange rate, and prepares the country for the most important monetary reforms in its modern history. Here’s what experts are saying: Economist Nasser Al-Tamimi says the department

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28:52

Apple Pay Launches in Iraq 🇮🇶 — The Next Step in...

My FX Buddies ·

2025/11/20

Iraq has officially approved the activation of Apple Pay, ⁠link to My FX Buddies Blog⁠ marking a major step toward expanding the nation’s digital payment systems and connecting its economy to the global financial network. Experts say this move could transform how Iraqis handle money — replacing cash transactions with secure, contactless, and transparent digital payments. If you'd like to Support My FX Buddies ⁠⁠⁠⁠ ⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠

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31:21

Spotlight 🔦 Sudani: He’s Got the Shine to Bring Iraq...

My FX Buddies ·

2025/11/17

In a major feature by Newsweek, Iraqi Prime Minister ⁠link to My FX Buddies Blog⁠ Mohammed Shia al-Sudani is described as “the man who wants to make Iraq great again.” The report highlights his ambition to restore Iraq’s cultural and historical influence, revive its economy, and project the country as a global center for trade, innovation, and civilization. If you'd like to Support the channel ⁠⁠⁠⁠ ⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠ ⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠

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31:42

Sudani Courts Trump 💼Promise to bring 50 Iraqi...

My FX Buddies ·

2025/11/13

Sudani told The NY Times he would bring 50 Iraqi billionaires ⁠My FX Buddies Blog ⁠ to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.”If you'd like to Support the channel ⁠⁠⁠⁠ https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ And in another article...The formation of the government will not be delayed much longer... and the next stage is a test of the economic reality. Al-Hashemi explained that

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19:58

Central Bank’s Historic Move: Removing the Zeros from...

My FX Buddies ·

2025/11/11

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

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30:20

Iraq Goes Deeper in Digital: The Rise of Electronic...

My FX Buddies ·

2025/11/08

Iraq’s journey toward a cashless future is no longer just an idea — it’s becoming a new reality. 🇮🇶 My FX Buddies Blog⁠ In this episode, we break down the country’s shift to electronic payments and how it’s transforming daily life, business, and government operations. From Zain Cash and Asiacell Money to new Central Bank policies, Iraq is building the foundation for a modern digital economy. 🔹 Once resisted due to lack of trust and limited access, digital wallets are now helping bridge the gap

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35:36

Bad News for Iraqi Dinar Watchers: No Rate Change in...

My FX Buddies ·

2025/11/07

The Finance Committee in Iraq has officially confirmed that ⁠link to My FX Buddies Blog⁠ the exchange rate will remain the same in 2026 — no revaluation, no adjustment. In this update, we break down what this means for Iraq’s budget, economy, and dinar watchers around the world. According to the committee, Iraq will keep operating under Law 1/12 of 2024, since the 2025 budget schedules haven’t been approved. That means only operational expenses will be covered — no major new development spending or

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