Iraq’s currency market has seen renewed movement,
fueled by cross-border speculative trading and small commercial activity. According to Prime Minister Mohammed Shia al-Sudani’s financial advisor, Mazhar Mohammed Saleh, the parallel dollar market has thrived on lower bureaucracy, quicker trades, and looser enforcement — but major reforms are on the horizon.
Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash.... In this episode, we break down:
Why small border trade dominates over half of Iraq’s foreign trade.
How parallel markets offer faster but riskier financing compared to official banking channels.
The government’s focus on tightening law enforcement and customs oversight.
The role of digital inspection, customs tracking, and anti-money laundering procedures in stabilizing Iraq’s financial system.
Why Saleh says there is no fundamental reason for the dollar surge, with foreign currency available through official banking channels.
How these measures could boost confidence in the dinar, reduce volatility, and strengthen Iraq’s position in global trade.
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.With stronger controls, advanced oversight tools, and renewed government commitment, Iraq aims to transform its economy from speculative risks to lasting stability.
📌 Subscribe for more updates on Iraq’s economy, the dinar, and global financial news.
💬 Comment below: Do you believe Iraq’s crackdown on the parallel market will restore stability to the dinar?
📢 Support our channel: Like and share this video to spread awareness about Iraq’s economic reforms.
#IraqiDinar #IraqEconomy #ForexNews #ParallelMarket #CurrencyUpdate #IraqFinance #MiddleEastFinance #DollarExchangeRate