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PODCAST

My FX Buddies

Tish Washington

Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.

news news commentary

All Episodes

00:23:09

Iraqi economist reveals urgent solutions to address...

My FX Buddies ·

2026/02/01

Iraq’s financial crisis is now directly impacting employee salaries, link to My FX Buddies Blograising serious concerns about liquidity, budgeting, and economic stability.Economic expert Ahmed Al-Tamimi warns that the ongoing delay in salary payments is not a temporary cash issue, but the result of years of structural imbalances — including near-total reliance on oil revenues, weak non-oil income, and mounting pressure on the general budget.If you'd like to Support the channel: ⁠⁠⁠⁠

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00:16:02

From 1300 to 1400? A New Exchange Rate Plan Emerges

My FX Buddies ·

2026/02/01

A new proposal is emerging around Iraq’s official exchange rate — and it link to My FX Buddies Blog A Special Editioncould have major budget implications.Financial and economic expert Haider Al-Sheikh says there is a proposal to adjust the official dollar exchange rate against the Iraqi dinar as a way to confront mounting economic pressure and boost state revenues.According to Al-Sheikh, the idea involves raising the official exchange rate from 1,300 dinars per dollar to 1,400, a move that could

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00:37:50

The Roadmap to Breaking Iraq’s Financial Bondage to...

My FX Buddies ·

2026/01/31

For more than two decades, Iraq’s oil revenues have remained link to My FX Buddies Blogunder strict financial oversight — not because the money doesn’t belong to Iraq, but because of legal, political, and historical constraints tied to the U.S. Federal Reserve.Economic expert Nabil Al-Marsoumi has outlined a detailed roadmap for freeing Iraqi funds from this grip, arguing that the current system is no longer justified by the conditions that originally created it.According to Al-Marsoumi, the United

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00:37:50

Time to Raise The Iraqi Dinar Rate? Who says so?

My FX Buddies ·

2026/01/30

The Iraqi dinar is no longer just a currency -it has become a pressure point in a much larger political and economic struggle. Link to My FX Buddies BlogAnalysts argue that Iraq’s exchange-rate crisis reflects the deep fragility of a rentier, oil-dependent economy, where the dollar has shifted from a medium of trade into a tool of political influence. What once appeared as routine market volatility is now widely viewed as a reflection of mounting tension between Baghdad and Washington.Economic

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00:41:34

$100 Jumps 8,000 Iraqi Dinars in Days — Panic Hits...

My FX Buddies ·

2026/01/28

Fear has taken hold of Iraq’s currency markets. link to My FX Buddies BlogThe 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

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00:31:28

Iraq’s Currency Shaken as Washington Applies...

My FX Buddies ·

2026/01/27

Iraq’s currency stress is no longer a local issue — it’s unfolding alongside a powerful global signal. link to My FX Buddies BlogOn 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.If you'd like to Support the

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00:29:56

Officially, the Coordination Framework nominates...

My FX Buddies ·

2026/01/25

A Return That Divides Iraq: Maliki Nominated for Prime Ministerlink 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

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00:24:52

$100 Billion in Iraqi Money Sits at the U.S. Federal...

My FX Buddies ·

2026/01/24

A staggering figure has re-entered the conversation around link to My FX Buddies Blog postIraq’s financial management: more than $100 billion in savings held at the U.S. Federal Reserve.Economic expert Duraid Al-Anzi says Iraq should never have faced a financial crisis given its oil revenues — arguing that repeated warnings to use conservative oil price assumptions in national budgets were ignored.According to Al-Anzi, Iraqi authorities were advised not to base budgets on high oil prices and instead

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00:35:17

Banks Break Trust — And Iraqi Dinar Starts Disappearing

My FX Buddies ·

2026/01/23

A growing liquidity crisis in Iraq may be driven by something far more basic than policy — trust. link to My FX Buddies BlogEconomic expert Salam al-Zubaidi is warning that some state-owned banks are worsening the country’s cash hoarding problem by altering profit terms on deposits, reducing returns for citizens, and violating original agreements with depositors.According to Al-Zubaidi, many depositors are reporting that profits paid by banks no longer match the conditions initially agreed upon

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00:30:47

Iraq Advances Banking Reform Building Global-Ready...

My FX Buddies ·

2026/01/21

Iraq’s banking reform isn’t happening overnight — link to My FX Buddies Blog but the groundwork is being built deliberately, strategically, and with global alignment in mind.The Board of Directors of the Center for Banking Studies, under the supervision of the Central Bank of Iraq, recently reviewed progress on activating international partnerships aimed at strengthening Iraq’s banking sector and supporting long-term reform.According to Mustafa Munir, Director General of the Center, the 2025

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00:31:35

This Photo Sparked Questions Worldwide — What’s Being...

My FX Buddies ·

2026/01/20

A single image has ignited widespread debate — and raised more questions than answers. link to My FX Buddies BlogIraq’s special envoy to the United States, Mark Savaya, shared a photo from his meeting with U.S. President Donald Trump that quickly went viral. The reason wasn’t the meeting itself — but a striking detail sitting in plain view on the table.An Iraqi coin bearing the image of former President Saddam Hussein appeared prominently during the meeting, triggering intense speculation across

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00:28:55

1,300 Dinars Locked In… But What Happens in 2026?

My FX Buddies ·

2026/01/19

Iraq’s economic picture is sending two very different signals.⁠link to My FX Buddies Blog⁠On one hand, the government is moving to anchor stability. On the other, analysts warn that unresolved pressures are being pushed into 2026.According to Mazhar Mohammed Saleh, financial advisor to the Prime Minister, Iraq’s exchange rate policy is not arbitrary but the result of coordinated agreement between monetary and fiscal authorities — including the Central Bank of Iraq and the Ministry of Finance.If

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00:30:02

Why Washington Is Rethinking Iraq’s Banking System

My FX Buddies ·

2026/01/17

Washington is no longer just watching Iraq’s financial system — it’s preparing to act. link to My FX Buddies Blog According to new statements by the U.S. President’s Special Envoy to Iraq, Mark Savaya, the United States is moving toward a comprehensive review of suspicious financial transactions in Iraq, with targeted sanctions expected against entities and networks accused of undermining financial integrity.If you'd like to Support the channel: ⁠⁠⁠⁠

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00:26:03

From 4,000 to 900 Dinars: How a Fatwa Changed the...

My FX Buddies ·

2026/01/16

A major shift is unfolding inside Iraq’s exchange markets.link to My FX Buddies BlogIn Erbil, the price difference between the so-called “blue” and “white” U.S. dollars has dropped sharply — from nearly 4,000 dinars to just 900 — following a religious ruling prohibiting discrimination between dollar denominations.According to statements made to Kurdistan 24, market representatives confirmed that the change occurred immediately after a fatwa was issued by the Supreme Council for Fatwas, declaring

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00:32:22

Iraq Moves to Strengthen Its Global Financial Reputation

My FX Buddies ·

2026/01/15

Iraq is taking deliberate steps to strengthen its position in the global financial system. link to My FX Buddies Blog In this important development, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, chaired a high-level meeting with global consulting firm Oliver Wyman to discuss concrete mechanisms for improving Iraq’s sovereign and credit ratings.The meeting brought together the National Team for Improving the Credit Rating and the Technical Committee for Sovereign Rating, with the

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00:32:42

Sudani Meets Oliver Wyman to Relieve Pressure off the...

My FX Buddies ·

2026/01/13

Iraq is taking another calculated step to relieve pressure on link to My FX Buddies Blogthe national currency — not through short-term fixes, but through long-term debt and financing reform.On January 12, 2026, Prime Minister Mohammed Shia al-Sudani met with representatives of the global advisory firm Oliver Wyman, alongside the Minister of Finance, the Governor of the Central Bank of Iraq, and senior economic advisors.The discussions focused on rescheduling public debt, improving borrowing costs,

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00:25:12

No Fear for the Iraqi Dinar | How Iraq Absorbed the...

My FX Buddies ·

2026/01/12

As dollar exchange rates in Iraq’s parallel markets briefly link to My FX Buddies Blog surged toward 149,000 dinars per 100 dollars, fears of inflation quickly resurfaced.But according to monetary officials and recent data, those fears are not materializing.In this episode, we explain how coordinated fiscal and monetary policies are absorbing the shock — and why Iraq’s economy now has structural buffers that didn’t exist in the past.With the 2026 budget locking the official exchange rate at 1,300

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00:34:22

Iraq Moves Beyond the Dollar: New Rules for Banks...

My FX Buddies ·

2026/01/11

Iraq is quietly accelerating its move away from dollar dependence. link to My FX Buddies BlogIn 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..⁠. ⁠ a FREE transcript at:

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00:36:53

Iraq’s New Taxes And Tariffs Anger Merchants and...

My FX Buddies ·

2026/01/10

Anger is rising across Iraq as merchants protest new taxes link to My FX Buddies Blogand 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 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

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00:10:38

IraqSets 1300 Dinar Rate for 2026 Budget — What This...

My FX Buddies ·

2026/01/08

The Central Banks price has been in effect since February 2023, explaining that it is related to the link to My FX Buddies The Iraqi government and the Central Bank have officially adopted an exchange rate of 1,300 dinars per US dollar in the draft 2026 federal budget — and the reaction has been swift.But is this a setback… or a calculated monetary signal?If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠

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