Iraq’s Currency Challenge: The Fight Against the Parallel Market episode artwork

EPISODE · Aug 16, 2025 · 27 MIN

Iraq’s Currency Challenge: The Fight Against the Parallel Market

from My FX Buddies · host Tish Washington

Iraq’s dollar exchange rate has been under heavy pressure —link to My FX Buddies Blog but according to financial researcher Mustafa Akram Hantoush, there is a clear path to restoring stability. The key? Banking reform and dismantling the parallel market.Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠..⁠. In this episode, we break down:Why Iraq’s banking sector struggles with weak competition and sanctions.How cooperation with Oliver Wyman could boost banks’ capital and efficiency.The crucial role of foreign remittance reforms in stabilizing the market.How dismantling the parallel market linked to Iran could return the dollar exchange rate to 135,000 dinars per $100.The proposed solutions: U.S. Treasury agreements, three-way import accounts, and local currency payment cards.Iraq’s financial future hinges on comprehensive reform. Partial fixes won’t cut it — but if these steps are fully implemented, the dinar could regain strength and the economy could move toward lasting stability.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.Just 10 minutes to reset your mindset and your habits.🎧 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.📌 Subscribe now for more updates on Iraq’s economy, the dinar, and global finance.💬 Join the discussion: Do you believe Iraq can realistically bring the dollar back to 135,000? Share your thoughts below!📢 Support the channel: Like and share this video to spread awareness about Iraq’s currency challenges.#IraqiDinar #ForexNews #IraqEconomy #DollarExchangeRate #ParallelMarket #BankingReform #IraqFinance #CurrencyUpdate

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Iraq’s Currency Challenge: The Fight Against the Parallel Market

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