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Iraq’s Central Bank has sparked major controversy after ⁠link to My FX Buddies Blog ⁠ ordering oil contractors to receive payments in Iraqi dinars instead of US dollars. Economic experts warn this policy could cause massive financial losses for Iraqi oil subcontractors, threaten over 50,000 jobs, and disrupt operations across the oil sector. In this video, we break down: If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠Why oil companies rely on dollars The gap between official and parallel exchange rates How forced currency conversion could collapse local companies The legal and economic risks of violating dollar-based contracts What this means for Iraq’s investment climate and the dinar’s future Is this a move to strengthen the dinar — or a policy that could backfire on Iraq’s economy? #iqd⁠⁠ ⁠⁠#iraqidinar⁠⁠⁠⁠⁠ ⁠⁠#IraqiDinar⁠News⁠⁠ ⁠⁠⁠⁠⁠⁠#IraqEconomy⁠⁠