EPISODE · Aug 24, 2025 · 35 MIN
1500 Dinars per $1? The Warning from Erbil’s Market
from My FX Buddies · host Tish Washington
The head of Erbil’s Exchange Market Council, Siyamand link to My FX Buddies blogMawloud, has warned that if current conditions continue, the price of the dollar could climb to 1,500 dinars per $1 in the free market. The problem? Rejected merchant invoices and delays from the Central Bank of Iraq.Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....In this episode, we break down:Why 75% of Kurdish merchant invoices are being rejected or delayed.How this forces traders to turn to the black market for dollars.The impact of long waits (40+ days) on merchants trying to access official transfers.Why Mawloud believes lack of transparency at the Central Bank is worsening instability.What it means for the market if the exchange rate climbs toward 150,000 dinars per $100.The broader consequences for trade, inflation, and market confidence in Iraq.The Central Bank’s next moves will be critical in either calming the market or fueling further volatility.Kickstart or Reboot Your Weight Loss/Healthy Eating Habits Audio Only $7 (Limited Time Offer!)Kickstart or Reboot Your Weight Loss – Only $7 (Limited Time Offer!) https://buymeacoffee.com/tishwash/e/4....Ready to stop starting over? This 10-minute audio is your spark.✅ Motivating & Honest — Hear the truth about why diets fail and what to do instead.🎧 Whether you're starting fresh or getting back on track — this is the push you've been needing.👉 Download now for just $7 — limited-time pricing.This marks a historic moment for Iraq’s economic future, signaling stronger international credibility, enhanced trade opportunities, and progress toward sustainable development.📌 Subscribe now for more updates on the Iraqi dinar, exchange rates, and Middle East financial news.💬 Comment below: Do you think the Central Bank should speed up merchant transfers to avoid a black-market surge?📢 Support the channel: Like and share this episode to keep others informed about Iraq’s economy.#IraqiDinar #IraqEconomy #ForexNews #DollarExchangeRate #Kurdistan #BlackMarket #IraqFinance #CurrencyUpdate
What this episode covers
The head of Erbil’s Exchange Market Council, Siyamand link to My FX Buddies blogMawloud, has warned that if current conditions continue, the price of the dollar could climb to 1,500 dinars per $1 in the free market. The problem? Rejected merchant invoices and delays from the Central Bank of Iraq.Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....In this episode, we break down:Why 75% of Kurdish merchant invoices are being rejected or delayed.How this forces traders to turn to the black market for dollars.The impact of long waits (40+ days) on merchants trying to access official transfers.Why Mawloud believes lack of transparency at the Central Bank is worsening instability.What it means for the market if the exchange rate climbs toward 150,000 dinars per $100.The broader consequences for trade, inflation, and market confidence in Iraq.The Central Bank’s next moves will be critical in either calming the market or fueling further volatility.Kickstart or Reboot Your Weight Loss/Healthy Eating Habits Audio Only $7 (Limited Time Offer!)Kickstart or Reboot Your Weight Loss – Only $7 (Limited Time Offer!) https://buymeacoffee.com/tishwash/e/4....Ready to stop starting over? This 10-minute audio is your spark.✅ Motivating & Honest — Hear the truth about why diets fail and what to do instead.🎧 Whether you're starting fresh or getting back on track — this is the push you've been needing.👉 Download now for just $7 — limited-time pricing.This marks a historic moment for Iraq’s economic future, signaling stronger international credibility, enhanced trade opportunities, and progress toward sustainable development.📌 Subscribe now for more updates on the Iraqi dinar, exchange rates, and Middle East financial news.💬 Comment below: Do you think the Central Bank should speed up merchant transfers to avoid a black-market surge?📢 Support the channel: Like and share this episode to keep others informed about Iraq’s economy.#IraqiDinar #IraqEconomy #ForexNews #DollarExchangeRate #Kurdistan #BlackMarket #IraqFinance #CurrencyUpdate
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1500 Dinars per $1? The Warning from Erbil’s Market
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