My FX Buddies

A new proposal is emerging around Iraq’s official exchange rate — link to My FX Buddies and it could 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 generate more than one trillion dinars annually for the state treasury from oil revenues. Iraq relies heavily on oil income, which currently brings in roughly 8 trillion dinars per month. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠.... He noted that the current caretaker government does not have the authority to implement such a change, but the next government may consider adopting the proposal — particularly as internal debt has climbed above 95 trillion dinars. Supporters argue the adjustment could help ease fiscal pressure, while critics warn it may impact prices and purchasing power. 📌 Why the rate change is being discussed 📌 How it could affect government revenues 📌 What it may mean for citizens and markets 🎧 Listen in for a clear breakdown of the proposal and what could come next. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥

Iraq is beginning to show early signs of economic strain. ⁠link to My FX Buddies Blog ⁠ Fuel queues are forming in cities like Fallujah. The dollar exchange rate has surged past 160,000 dinars per $100. Gold prices are rising in Baghdad and Erbil.

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With tensions escalating between the United States, Israel, and Iran, concerns are growing about: • Oil export disruptions • Strait of Hormuz risks • Supply chain pressure • Energy market instability • Public panic buying Economists warn that Iraq could face serious pressure if maritime routes are disrupted or if the conflict expands into economic infrastructure. In this video we break down: ✔ What the fuel queues really mean ✔ Why the dollar jumped ✔ Whether food supplies are actually safe ✔ The Central Bank reserve option ✔ Kirkuk-Ceyhan export alternatives ✔ The worst-case displacement scenario Is this just market anxiety… or the beginning of a deeper economic tunnel? Watch to understand what’s really happening. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 ⁠#iqd⁠⁠⁠ ⁠⁠⁠#iraqidinar⁠⁠⁠⁠⁠⁠ ⁠⁠⁠#IraqiDinar⁠News⁠⁠⁠ ⁠⁠⁠⁠⁠⁠#IraqEconomy⁠⁠ ⁠⁠#IraqiDinar⁠⁠ ⁠⁠#EconomicReality⁠⁠ ⁠⁠#IraqReform⁠⁠ ⁠⁠#globalcurrencyreset⁠⁠ ⁠⁠#myfxbuddies⁠ ⁠#maliki⁠

Iraq’s economy depends almost entirely on oil exports ⁠ link to My FX Buddies Blog⁠ passing through the Strait of Hormuz. If the strait were to close, economist Nabil Al-Marsoumi warns that Iraq could see oil revenues fall from nearly $7 billion per month to under $1 billion. If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ In this video we break down: • 94% of Iraq’s oil export exposure • Limited alternatives via Turkey and Jordan • Impact on dinar stability • Risks to public sector salaries • Electricity shortages from reduced gas production • Long-term production damage to oil wells • What this means for Iraq’s financial future This is not speculation — this is structural economic risk analysis. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 #iqd⁠⁠ ⁠⁠#iraqidinar⁠⁠⁠⁠⁠ ⁠⁠#IraqiDinar⁠News⁠⁠ ⁠⁠⁠⁠⁠⁠#IraqEconomy⁠⁠ ⁠⁠#IraqiDinar⁠⁠ ⁠⁠#IraqReform⁠⁠ ⁠⁠#myfxbuddies