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Podcast: My FX Buddies
Episode: Iraq’s Currency Challenge: The Fight Against the Parallel Market
Description: Iraq’s dollar exchange rate has been under heavy pressure —link to My FX Buddies Blog but according to financial researcher Mustafa Akram Hantoush, there is a clear path to restoring stability. The key? Banking reform and dismantling the parallel market.Support My FX Buddies:https://cash.app/$tishwash... https://paypal.me/tishwash... In this episode, we break down:Why Iraq’s banking sector struggles with weak competition and sanctions.How cooperation with Oliver Wyman could boost banks’ capital and efficiency.The crucial role of foreign remittance reforms in stabilizing the market.How dismantling the parallel market linked to Iran could return the dollar exchange rate to 135,000 dinars per $100.Th...