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At the start of 2026, Iraq’s currency market was hit by a sudden shock. link to My FX Buddies Blog
The US dollar surged rapidly in Baghdad exchanges, approaching 146,000 dinars, triggering what traders describe as commercial paralysis. Buying and selling halted as uncertainty spread, with demand for hard currency spiking sharply.
In this video, we break down:
What caused the sudden dollar jump
Why markets froze instead of adjusting
What this level means psychologically
What traders and citizens are watching next
This isn’t speculation — it’s what’s happening on the ground.
If you'd like to Support the channel: https://cash.app/$tishwash... https://paypal.me/tishwash... a FREE transcript at: https://rss.com/podcasts/myfxbuddies....Also in this episode: Atrushi: The oil and gas law must be passed as soon as possible.📌 Follow Iraq’s story — stay informed, not alarmed.
By Tish WashingtonAt the start of 2026, Iraq’s currency market was hit by a sudden shock. link to My FX Buddies Blog
The US dollar surged rapidly in Baghdad exchanges, approaching 146,000 dinars, triggering what traders describe as commercial paralysis. Buying and selling halted as uncertainty spread, with demand for hard currency spiking sharply.
In this video, we break down:
What caused the sudden dollar jump
Why markets froze instead of adjusting
What this level means psychologically
What traders and citizens are watching next
This isn’t speculation — it’s what’s happening on the ground.
If you'd like to Support the channel: https://cash.app/$tishwash... https://paypal.me/tishwash... a FREE transcript at: https://rss.com/podcasts/myfxbuddies....Also in this episode: Atrushi: The oil and gas law must be passed as soon as possible.📌 Follow Iraq’s story — stay informed, not alarmed.