EPISODE · Jun 28, 2026 · 34 MIN
Rumors, Markets, and Why Some Expect the Iraqi Dinar to Recover
from My FX Buddies · host Tish Washington
The Iraqi dinar experienced significant volatility following widespread link to My FX Buddies blog rumors about a possible exchange rate adjustment. However, market officials and the Central Bank of Iraq say those reports were inaccurate and continue to emphasize exchange rate stability.In this video, we discuss the latest developments affecting the Iraqi dinar, the role of speculation in currency markets, ASYCUDA implementation, banking reforms, and why some experts expect the Iraqi dinar to strengthen during the week.After days of sharp volatility in Iraq's currency markets, a new explanation is emerging. Officials in the Sulaymaniyah currency market say the recent surge in the dollar was driven largely by inaccurate rumors—not by an official policy change. At the same time, Iraq's Central Bank continues to reject speculation about any exchange rate adjustment and says reforms remain on track. Some market participants are now expecting the Iraqi dinar to improve during the coming week as confidence gradually returns. Let's look at what happened and why traders believe the market could begin stabilizing.Get a free transcript at https://rss.com/podcasts/myfxbuddiescashapp $tishwash paypal.me/tishwashTo hear the audio portion go to the blog link to My FX Buddies blog
What this episode covers
The Iraqi dinar experienced significant volatility following widespread link to My FX Buddies blog rumors about a possible exchange rate adjustment. However, market officials and the Central Bank of Iraq say those reports were inaccurate and continue to emphasize exchange rate stability.In this video, we discuss the latest developments affecting the Iraqi dinar, the role of speculation in currency markets, ASYCUDA implementation, banking reforms, and why some experts expect the Iraqi dinar to strengthen during the week.After days of sharp volatility in Iraq's currency markets, a new explanation is emerging. Officials in the Sulaymaniyah currency market say the recent surge in the dollar was driven largely by inaccurate rumors—not by an official policy change. At the same time, Iraq's Central Bank continues to reject speculation about any exchange rate adjustment and says reforms remain on track. Some market participants are now expecting the Iraqi dinar to improve during the coming week as confidence gradually returns. Let's look at what happened and why traders believe the market could begin stabilizing.Get a free transcript at https://rss.com/podcasts/myfxbuddiescashapp $tishwash paypal.me/tishwashTo hear the audio portion go to the blog link to My FX Buddies blog
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Rumors, Markets, and Why Some Expect the Iraqi Dinar to Recover
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