Iraq’s Currency Gap Shrinks…Real Reform or Just a Trick?

The Iraqi Dinar is inching closer to the official exchange rate — but is it real reform or just a temporary fix?

link to My FX Buddies Blog

In this episode, we dive into a bold new government strategy that’s narrowing the gap between the official rate (1320IQD) and the parallel market (now hovering around 1390 IQD). Financial advisor to the Prime Minister, Mazhar Mohammed Saleh, has outlined five key factors driving this shift — but not everyone’s convinced.

Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠a free transcript at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies/....Are these reforms truly reshaping Iraq’s financial future? Or are they just cosmetic moves to calm public pressure ahead of major political events?

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• The five factors that claim to bring rates into alignment

• Why some economists say the changes are unsustainable

• The growing influence of electronic payment systems and anti-dollarization efforts

• Whether Iraq is heading toward currency stability or just stalling the inevitable

🎧 Tune in to find out whether Iraq is on the verge of a financial breakthrough — or if it’s just a temporary illusion.

📣 Call to Action:
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