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Podcast: My FX Buddies
Episode: Dinar Stability Ahead? Iraq Targets Speculative Trading
Description: Iraq’s currency market has seen renewed movement, link to My FX Buddies Blogfueled 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...