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My FX Buddies
Tish Washington
719 episodes
1 day ago
Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.
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News Commentary
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Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.
Show more...
News Commentary
News
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Public Fear Rises Over Possible Dollar–Dinar Shift
My FX Buddies
34 minutes 6 seconds
3 days ago
Public Fear Rises Over Possible Dollar–Dinar Shift

Iraqi economist Diaa Abdul Karim has warned of growing

link to My FX Buddies Blog

public concern over a potential change in the dollar–dinar exchange rate once the new government forms.

He explained that past governments’ decisions to adjust the exchange rate led to widespread financial hardship, especially for everyday citizens who faced rising prices and declining purchasing power.

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According to Abdul Karim:

  • Iraqis now expect exchange rate changes with each new government

  • Any move that lowers the value of the dinar could trigger nationwide price increases

  • Citizens want clear assurances from political leaders

  • The public is waiting to know whether the new government will maintain the current rate or shift direction

This tension highlights a major economic reality:
👉 The exchange rate is not just a policy — it affects every home, every salary, and every market in Iraq.

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