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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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39:02

Al-Sudani receives an invitation from the Saudi Crown...

My FX Buddies ·

2024/04/02

Al-Sudani receives an invitation from the Saudi Crown Prince to participate in the World Economic Forum⁠link⁠ to My Fx Buddies BlogToday, Monday, Iraqi Prime Minister Muhammad Shia al-Sudani received an official invitation from Saudi Crown Prince Mohammed bin Salman to participate in the special meeting of the World Economic Forum, which the Kingdom will host at the end of next April.This was mentioned in a statement issued by Al-Sudani’s office and received by Shafaq News Agency. The statement

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28:30

Advisor to Al-Sudani: The dollar is on the way to...

My FX Buddies ·

2024/03/30

Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have entered the platform⁠link⁠ to My FX Buddies BlogFadi Al-Shammari, advisor to the Prime Minister, Muhammad Shiaa Al-Sudani, expected on Wednesday (March 27, 2024) a continued decline in the dollar’s exchange rate against the dinar.Al-Shammari said in a televised statement followed by “Baghdad Today,” “The dollar is on its way to further decline and is subject to supply and demand.”He stated, “70% of

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31:41

The National Bank of Iraq announces the success of...

My FX Buddies ·

2024/03/27

The National Bank of Iraq announces the success of working with the global “Temenos” systems in compliance with the Central Bank ⁠link⁠ “Our new banking system, which was launched at the beginning of this year, will contribute to improving the efficiency of operations, which reduces the time and effort spent on completing transactions and enhances their accuracy. The system allows customers to carry out various banking transactions via the Internet or Through the mobile application, such as

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32:48

Al-Sudani will visit Washington next month and...

My FX Buddies ·

2024/03/23

Al-Sudani will visit Washington next month and discuss the dollar and the development of the military mission⁠link⁠ to My FX Buddies BlogWhite House Press Secretary Karine Jean-Pierre said on Friday that US President Joe Biden will welcome Iraqi Prime Minister Muhammad Shia al-Sudani to Washington on April 15 to discuss common priorities regarding the dollar and developing the military mission.On April 15, President Joe Biden will welcome Iraqi Prime Minister Muhammad Shia al-Sudani to the White

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35:13

Central Bank of Iraq": Our goal is to preserve the...

My FX Buddies ·

2024/03/20

Central Bank of Iraq": Our goal is to preserve the reputation of the banking sector⁠link⁠ to My FX Buddies BlogDeputy Governor of the Central Bank of Iraq, Ammar Hamad, told News Arabia that the bank is working to lift the US ban on dealing in dollars in a number of Iraqi banks, and to preserve the reputation of the banking sector.

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35:52

Prime Minister: Iraq is about to host important...

My FX Buddies ·

2024/03/18

Prime Minister: Iraq is about to host important events and conferenceslink to the MyFX Buddies Blog The Prime Minister stressed that “a city the size of the capital, Baghdad, is in dire need of large hotels, due to the tourist movement and official delegations it witnesses, and the fact that it hosts many Arab, regional and international conferences throughout the year, with the hotel occupancy rate currently reaching 100%.”

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35:31

Central Bank to increase the value of the dinar and...

My FX Buddies ·

2024/03/14

Central Bank to increase the value of the dinar and control the market link The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law.

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39:34

Financial digitization.. a factor to reduce inflation...

My FX Buddies ·

2024/03/10

Financial digitization.. a factor to reduce inflation and absorb hoarded fundslink Economic affairs specialists have identified the most prominent advantages that digital transformation can achieve in banking, placing at the forefront of these advantages the elimination of inflation through the use of small denominations, and the absorption of citizens’ hoarded cash mass, estimated at more than 95 trillion dinars, while they praised the Central Bank’s measures. In providing the appropriate ground

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37:08

Barzani thanks Bush for liberating Iraq from Saddam's...

My FX Buddies ·

2024/03/07

Barzani thanks Bush for liberating Iraq from Saddam's regime⁠link ⁠A statement issued by the Presidency of the Region today, Wednesday (March 6, 2024), received by “Baghdad Today”, stated that “as part of his visit to the United States, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, met (yesterday), Tuesday, with former US President George W. Bush.” .During the meeting, according to the statement, Barzani expressed his "thanks and appreciation to President Bush for his

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37:44

With a dollar bill... Deputy: The US Treasury is...

My FX Buddies ·

2024/03/04

With a dollar bill... Deputy: The US Treasury is putting pressure on Iraq.linkToday, Sunday, the representative of the Fatah Alliance, Ola Al-Nashi, accused the US Treasury Department of obstructing the Iraqi government’s reforms in light of waving the economic card through the dollar file.Al-Nashi told Al-Maalouma, “The economics file is more important than politics and what is happening in it, and it is the aspect that is focused on to thwart any government if it achieves successes and is able to

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34:01

Iraq continues its efforts to gain membership in the...

My FX Buddies ·

2024/03/02

Iraq continues its efforts to gain membership in the World Trade Organization⁠link⁠The Ministry of Commerce confirmed the government's aspiration to join the World Trade Organization, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq's accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files. The ministry’s official spokesman, Muhammad Hanoun, said, “Iraq has joined as an observer in the World

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35:58

Al-Atwani calls on the International Monetary Fund...

My FX Buddies ·

2024/02/28

Al-Atwani calls on the International Monetary Fund and the World Bank to provide the necessary support to IraqlinkThe media office of the Chairman of the Finance Committee stated in a statement received by the Iraqi News Agency (INA), that “The Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, participated this evening, Monday, via closed-circuit television, in the deliberative meeting of the International MonetaryFund regarding the financial and economic situation in Iraq.”He added,

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35:12

The disappearance of 1.2 trillion dinars..

My FX Buddies ·

2024/02/26

The disappearance of 1.2 trillion dinars..⁠link⁠Data from the Central Bank of Iraq shows a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023, while Al-Sumaria News concluded, through a historical review of the printed currency, that this decrease in the amount of currency is the third largest decrease recorded in 20 years. According to data obtained by Al-Sumaria News, the total amount of “printed” currency in Iraq until December 2023

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38:34

Prime Minister: The importance of the partnership...

My FX Buddies ·

2024/02/23

Prime Minister: The importance of the partnership between Iraq and the United States⁠link⁠The Prime Minister stated, according to a statement, a copy of which {Al-Furat News} received, "the importance of the partnership between Iraq and the United States, stressing the transition to a bilateral relationship governed by the strategic framework agreement between the two countries, after completing the tasks of the international coalition, according to a specific timetable."He stressed "the necessity

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34:40

The President of the Republic: Iraq has an...

My FX Buddies ·

2024/02/21

The President of the Republic: Iraq has an opportunity to be one of the most advanced countries in the region⁠link⁠The President of the Republic, Abdul Latif Jamal Rashid, confirmed: “Iraq has an opportunity to be one of the most advanced countries in the region.” The media office of the President of the Republic stated in a statement: “The President of the Republic, Abdul Latif Jamal Rashid, received at Baghdad Palace, the Governor of Basra, Asaad Al-Eidani, and handed him the presidential decree

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30:59

An international desire to invest in Iraq and three...

My FX Buddies ·

2024/02/16

An international desire to invest in Iraq and three countries hold meetings in this regard link Thursday, Trade Minister Atheer Al-Ghurairi revealed a wide welcome and international desire to increase investments inside Iraq, while confirming the holding of meetings with 3 countries in this regard.During his participation in the 113th session of the Economic and Social Council, which was held at the Arab League, Al-Ghurairi said in his speech that “Iraq today seeks,within the government program of

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29:22

Electronic payment... Money is hoarded in homes and...

My FX Buddies ·

2024/02/14

Electronic payment... Money is hoarded in homes and education is not at the required level ⁠link⁠ to the MYFX Buddies BlogNot long ago, Iraq took the first steps towards attempts to activate the⁠electronic payment⁠system . These steps began by localizing employee salaries, and then installing⁠electronic payment devices⁠in several places, including gas stations. However, many experts and specialists still see... The culture of electronic payment is not at the required level, for many reasons,

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26:02

Senior Congress and Pentagon officials met. The...

My FX Buddies ·

2024/02/12

Senior Congress and Pentagon officials met. The Kurdistan Region Presidency delegationlinkThe Presidency of the Kurdistan Region announced today, Saturday, that its delegation concluded its visit to the United States of America after holding a series of meetings and encounters with senior government officials in America. The Presidency pointed out that its delegation received America’s assurance of continued support for Iraq and the region.

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26:02

Senior Congress and Pentagon officials met. The...

My FX Buddies ·

2024/02/12

Senior Congress and Pentagon officials met. The Kurdistan Region Presidency delegation linkThe Presidency of the Kurdistan Region announced today, Saturday, that its delegation concluded its visit to the United States of America after holding a series of meetings and encounters with senior government officials in America. The Presidency pointed out that its delegation received America’s assurance of continued support for Iraq and the region.

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32:10

Al-Alaq: All importers and traders can obtain the...

My FX Buddies ·

2024/02/10

Al-Alaq: All importers and traders can obtain the dollar at the official rate⁠link⁠This episode contains a hodgepodge of news that happened last week up until today.I've been away but I'm back.According to Iraqi and American officials, Iraq prevented 14 banks in July 2023 from conducting dollar transactions as part of a broader campaign aimed at reducing the smuggling of dollars into Iran through the Iraqi banking system after a request from Washington, according to Reuters.

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