EPISODE · Jun 28, 2026 · 34 MIN
RUMORS SHOOK THE IRAQI DINAR... NOW A REVERSAL IS EXPECTED?
from My FX Buddies
The Iraqi dinar experienced significant volatility following widespread 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. Cashapp $tishwash paypal.me/tishwash
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RUMORS SHOOK THE IRAQI DINAR... NOW A REVERSAL IS EXPECTED?
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