Sudani Speaks: Who Really Controls the Dollar Exchange Rate in Iraq?

Prime Minister Mohammed Shia Al-Sudani has issued his firstlink to My FX Buddies Blogclear statement regarding the dollar exchange rate — and it matters.In a televised interview, Sudani confirmed that changing the dollar exchange rate is the exclusive authority of the Central Bank of Iraq, not the government. He also emphasized that Iraq’s current direction is stability, pointing to the successful narrowing of the gap between the official and parallel market rates.If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠...⁠.Sudani further highlighted government support for correcting private banks’ conditions and bringing them back into the system under international standards, reinforcing confidence in the financial sector.✨ Reset Naturally — Grab the Holiday Helper Plan 🎁⁠⁠⁠⁠⁠⁠⁠https://buymeacoffee.com/tishwash/e/479454👉 What does this mean for the dinar, market stability, and future policy decisions?Let’s break it down.Why Sudani emphasized Central Bank independenceWhat “exchange rate stability” signals to marketsThe importance of narrowing the official vs parallel rate gapBanking reform as a foundation for confidenceWhat this statement rules out (and what it doesn’t)