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Dollars to Dinars to Global Currencies: Iraq’s Banking Expansion

Author
Tish Washington
Published
Thu 21 Aug 2025
Episode Link
https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Dollars-to-Dinars-to-Global-Currencies-Iraqs-Banking-Expansion-e374c4i

Iraq’s Central Bank Governor Ali Al-Alaq has confirmed that

link to My FX Buddies Blog

foreign transfers are now operating smoothly and seamlessly, marking a significant leap forward for Iraq’s banking and financial system.

Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... In this episode, we’ll cover:

  • How Iraq’s foreign transfer process has developed over the last two years.

  • The expansion of correspondent banks and what it means for international trade.

  • Why Iraq can now transfer in nearly all major currencies, not just the US dollar.

  • The role of direct communication between Iraqi and global banks in reducing delays and risks.

  • How this progress strengthens confidence in Iraq’s financial system and supports large-scale trade.

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    This is more than a banking update — it’s a sign that Iraq’s financial sector is becoming more transparent, efficient, and globally integrated.

    • 📌 Subscribe now for the latest updates on Iraq’s economy, the dinar, and global finance.
    💬 Comment below: Do you think smoother transfers will help boost Iraq’s trade and currency stability?
    📢 Support our channel: Like and share this video to spread the word about Iraq’s financial reforms.

    #IraqiDinar #IraqEconomy #ForexNews #CentralBankOfIraq #CurrencyUpdate #IraqFinance #MiddleEastFinance #BankingReform

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