The Iraqi dinar is regaining strength
— and with it, citizens are beginning to feel the impact in their purchasing power and daily expenses. According to Prime Minister’s financial advisor Mazhar Mohammed Saleh, the recent decline in the dollar exchange rate on Iraq’s parallel market reflects deeper reforms reshaping the economy.
Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash.... In this episode, we’ll break down:
Why the dollar’s decline signals stronger coordination between Iraq’s fiscal, monetary, and trade policies.
How new laws criminalizing dollar use in local transactions strengthened the role of the dinar.
The shift to international correspondent banks that reduces risk and boosts transparency.
How small importers and travelers are benefiting from official channels and e-payment cards.
The direct effects on citizens: lower import costs, stable commodity prices, reduced inflation, and greater purchasing power.
Why controlling the parallel market and unifying exchange rates are key to Iraq’s financial stability.
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💬 Comment below: Have you noticed the impact of these reforms on Iraq’s purchasing power?
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