My FX Buddies

About My FX Buddies

News and updates on the Iraqi Dinar RV and Iraq Politics Visit My FX Buddies Blog (https://youtu.be/Iqm4_K2X4nc?si=OLV1TzWXXBQlBx-s) to get more information

Publisher

Tish Washington

Category

news

Language

en

Explicit

Yes

First episode

26 Jan 2023

Latest episode

30 Oct 2026

Latest episodes

518 episodes in the feed.

1. 

   30 Oct 2026

   Could an IMF Bailout Change Iraq’s Economic Future?

   Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! (https://rss.com/podcasts/myfxbuddies/voicemail) Is Iraq heading back to the IMF? https://www.myfxbuddies.com/2026/10/imf-prepares-new-bailout-package-for.html (https://www.myfxbuddies.com/2026/10/imf-prepares-new-bailout-package-for.html) The International Monetary Fund says it is engaging with Iraqi authorities to prepare a new program as Iraq faces severe financial and economic pressure. The IMF says Iraq's narrow non-oil revenue base is putting pressure on its fiscal position, while the country's heavy dependence on energy exports leaves it particularly vulnerable to disruptions in oil exports and regional conflict. The IMF has also forecast that Iraq's economy could contract by 16% this year. At the same time, Iraqi Prime Minister Ali Falih al-Zaidi has argued that his government does not want to rely on additional external or domestic borrowing. Zaidi says he inherited public debt exceeding 208 trillion Iraqi dinars and that the government needs roughly 10 trillion dinars every month to provide salaries. According to Zaidi, the government faced difficult choices: delay payments, spread salary payments further apart, or borrow more money. He says the government chose to adjust the exchange rate rather than add more debt. So why is the IMF now engaging with Iraq on a new program? In this video, we'll break down what the IMF has said, Iraq's debt and fiscal pressures, the impact of oil-export disruptions, the 16% contraction forecast, Zaidi's explanation for the exchange-rate adjustment, and what a potential IMF program could mean for Iraq's economy and the Iraqi dinar. We'll also look at the important distinction between an IMF "program" and an actual bailout, and why that distinction matters when discussing Iraq's financial future. 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Iraq's economy, Central Bank of Iraq developments, exchange rates, IMF programs, banking 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 (https://tinyurl.com/godhastheanswers) Get a free transcript https://rss.com/podcasts/myfxbuddies (https://rss.com/podcasts/myfxbuddies) 📌 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

2. 

   28 Oct 2026

   $80 BILLION! Iraq’s Dollar Reserves Surge as More US Cash Arrives

   Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! (https://rss.com/podcasts/myfxbuddies/voicemail) Iraq's dollar reserves have reportedly recovered to around $80 billion, https://www.myfxbuddies.com/2026/10/80-billion-iraqs-dollar-reserves-surge.html (https://www.myfxbuddies.com/2026/10/80-billion-iraqs-dollar-reserves-surge.html) up from approximately $73 billion during the previous period, according to statements attributed to Central Bank of Iraq spokesman Mahmoud Dagher. At the same time, Iraq says US dollar cash shipments are continuing, with two planes reportedly arriving and each shipment carrying approximately $500 million in physical US currency. That means roughly $1 billion in cash shipments could already have arrived, while additional deliveries are expected in the coming days — subject to security conditions. In this video, we break down Iraq's reported $80 billion in dollar reserves, the recovery attributed partly to oil export revenues, the continued arrival of physical US dollars, and what this could mean for Iraq's dollar liquidity and exchange-rate environment. The Central Bank also says Iraq's gold reserves remain unchanged at approximately 170 tons. Another important part of the story is where Iraq keeps its reserves. According to the central bank spokesman, the majority of Iraq's reserves are held with the US Federal Reserve because of the protection it provides, while additional reserves are distributed among financial centers in Europe, Basel, the UAE, and China. We'll also discuss why Iraq has reportedly increased the number of annual dollar allocations available to travelers and why continued physical cash shipments remain connected to security conditions and the safe transportation of the money. For those following the Iraqi dinar, the big questions are: Does stronger dollar liquidity help stabilize Iraq's currency market? Can rebuilding reserves provide additional financial protection? And what could continued US cash shipments mean for Iraq's exchange-rate strategy? 🇮🇶 Follow Iraq's Story for continuing coverage of the Iraqi dinar, Central Bank of Iraq developments, exchange rates, dollar liquidity, oil revenues, banking reform, and Iraq's economic 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 (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

3. 

   26 Oct 2026

   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! (https://rss.com/podcasts/myfxbuddies/voicemail) Could Iraq strengthen the Iraqi dinar BEFORE removing zeros from the currency? https://www.myfxbuddies.com/2026/10/strengthen-iraqi-dinar-first-roadmap.html (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 (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

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