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Podcast: My FX Buddies
Episode: No Fear for the Iraqi Dinar | How Iraq Absorbed the Dollar Shock
Description: As dollar exchange rates in Iraq’s parallel markets briefly link to My FX Buddies Blog surged toward 149,000 dinars per 100 dollars, fears of inflation quickly resurfaced.But according to monetary officials and recent data, those fears are not materializing.In this episode, we explain how coordinated fiscal and monetary policies are absorbing the shock — and why Iraq’s economy now has structural buffers that didn’t exist in the past.With the 2026 budget locking the official exchange rate at 1,300 dinars, and with customs and trade fully digitized, the state has effectiv...