Episode Details

FINALLY — THE CENTRAL BANK OF IRAQ HAS SPOKEN. 🇮🇶💵 https://www.myfxbuddies.com/2026/09/finally-cbi-speaks-on-iraqs-rising.html As the dollar continues to rise in Iraq's local markets, the Central Bank of Iraq has issued a direct statement addressing what's happening. And the CBI is making an important claim: Iraq has sufficient foreign reserves to meet foreign-currency demand. So if the Central Bank says there are enough dollars available, why is the dollar exchange rate continuing to rise in the local market? According to the CBI, the increase is being driven by: 🔹 Market speculation 🔹 Expectations about future exchange rates 🔹 Geopolitical conditions in the region 🔹 Actions by some parties benefiting from the current situation The Central Bank also emphasized that it continues to finance legitimate foreign trade through approved channels and says it has the capacity to meet demands related to foreign trade, bank-card settlements and travelers seeking cash dollars at the official rate. But there's an important distinction here: The CBI is NOT announcing a change to the official exchange rate. Instead, it is addressing the rising prices in the local market and explaining its view of what is causing the gap. In this video, we break down the Central Bank's statement and look at what it could mean for: 💵 The Iraqi dinar 💵 The parallel dollar market 🏦 Iraq's banking system 📊 Exchange-rate stability 🇮🇶 Iraq's economy 💰 Foreign-currency liquidity And perhaps most importantly: If Iraq has enough dollars, why is the market price still rising? We'll walk through what the CBI actually said and separate the official statement from speculation about what could happen next. This video is for news and informational purposes and is not financial advice. 👍 If you find this information helpful, please LIKE the video. 💬 COMMENT: What do you think is driving the gap between the official and market exchange rates? 🔔 SUBSCRIBE for continuing coverage of the Iraqi dinar, Central Bank policy, Iraq's banking reforms and the Iraqi economy. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar