Episode Details

Is the Iraqi dinar stuck in a narrow trading range? https://www.myfxbuddies.com/2026/10/iraqs-dinar-waiting-on-budget-what.html Iraqi economist Nabil Al-Marsoumi says the dollar-to-dinar exchange rate in Iraq's parallel market could remain relatively stable during the next stage, with fluctuations potentially limited to around 2% up or down. Al-Marsoumi describes the situation as the dinar being in a “tunnel,” with the market waiting for greater clarity about Iraq's upcoming budget and the direction of fiscal policy. But what could actually move the dollar? Several factors could affect the gap between Iraq's official exchange rate and the parallel-market rate, including: 💵 Demand for foreign currency 💰 Iraqi dinar liquidity 🏦 Access to dollars through official banking channels 📦 Import financing 🌍 Foreign transfers and trade 📊 Government spending 🇮🇶 Iraq's upcoming budget The important point is that a narrow trading range does not necessarily mean the underlying pressures have disappeared. According to Al-Marsoumi's analysis, the market could remain relatively “sticky” unless a significant economic or financial development changes the balance between dollar supply and demand. And that raises the big question: Will Iraq's next budget help narrow the gap between the official and parallel exchange rates—or will the dinar remain in the tunnel? In this video, we'll break down the economist's analysis and look at what could cause Iraq's dollar market to move into a new range. 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