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Podcast: My FX Buddies
Episode: 1500 Dinars per $1? The Warning from Erbil’s Market
Description: The head of Erbil’s Exchange Market Council, Siyamand link to My FX Buddies blogMawloud, has warned that if current conditions continue, the price of the dollar could climb to 1,500 dinars per $1 in the free market. The problem? Rejected merchant invoices and delays from the Central Bank of Iraq.Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....In this episode, we break down:Why 75% of Kurdish merchant invoices are being rejected or delayed.How this forces traders to turn to the black market for dollars.The impact of long waits (40+ days) on merchants trying to access official transfers.Why Mawloud believes lack of transparency at the Central Bank is...