The dollar exchange rate in Iraq continues to fluctuate

link to My FX Buddies Blog

between rise and fall, raising a critical question for citizens and markets alike: when will stability return?

Economic experts explain that the dollar’s movement in Iraq is not driven by numbers alone. Market psychology, speculation, rumors, and the transition to new banking and transfer mechanisms all play a role in today’s volatility.

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In this video, we break down:
• Why the official rate is stable while the parallel market fluctuates
• How psychology and speculation fuel sudden dollar spikes
• The impact of tighter banking compliance and transfer procedures
• What the Central Bank can still do to restore balance
• When relative stability may realistically be achieved

While complete price fixing is unlikely in the short term, experts say reduced volatility is possible in the coming months — if banking discipline improves and public confidence returns.

👉 This is not just about currency — it’s about food prices, purchasing power, and daily life in Iraq.

Following Iraq’s Story — Don’t Give Up 💰🔥