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From dollar to dinar... Exchange rate policy confuses
Iraq’s Central Bank has sparked major controversy after
link to My FX Buddies Blog
ordering oil contractors to receive payments in Iraqi dinars instead of US dollars.
Economic experts warn this policy could cause massive financial losses for Iraqi oil subcontractors, threaten over 50,000 jobs, and disrupt operations across the oil sector.
In this video, we break down:
If you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... a FREE transcript at: https://rss.com/podcasts/myfxbuddies...
Why oil companies rely on dollars
The gap between official and parallel exchange rates
How forced currency conversion could collapse local companies
The legal and economic risks of violating dollar-based contracts
What this means for Iraq’s investment climate and the dinar’s future
Is this a move to strengthen the dinar — or a policy that could backfire on Iraq’s economy?
#iqd #iraqidinar #IraqiDinarNews #IraqEconomy #IraqiDinar #EconomicReality #IraqReform #globalcurrencyreset #myfxbuddies #malikiThanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥
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By Tish WashingtonIraq’s Central Bank has sparked major controversy after
link to My FX Buddies Blog
ordering oil contractors to receive payments in Iraqi dinars instead of US dollars.
Economic experts warn this policy could cause massive financial losses for Iraqi oil subcontractors, threaten over 50,000 jobs, and disrupt operations across the oil sector.
In this video, we break down:
If you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... a FREE transcript at: https://rss.com/podcasts/myfxbuddies...
Why oil companies rely on dollars
The gap between official and parallel exchange rates
How forced currency conversion could collapse local companies
The legal and economic risks of violating dollar-based contracts
What this means for Iraq’s investment climate and the dinar’s future
Is this a move to strengthen the dinar — or a policy that could backfire on Iraq’s economy?
#iqd #iraqidinar #IraqiDinarNews #IraqEconomy #IraqiDinar #EconomicReality #IraqReform #globalcurrencyreset #myfxbuddies #malikiThanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥