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News and updates on the Iraqi Dinar RV and Iraq PoliticsVisit My FX Buddies Blog to get more informat... more
FAQs about My FX Buddies:How many episodes does My FX Buddies have?The podcast currently has 444 episodes available.
October 04, 2023An economic expert details the cash conversion cycle of the #Iraqi dinarAn economic expert details the cash conversion cycle of the #Iraqi dinarlinkThe economist, Salah Nouri, detailed the monetary conversion cycle of the Iraqi dinar.Nouri said {to Al-Furat News} that: “The monetary cycle {the Iraqi dinar} exists between the Central Bank, as the monetary authority and the only authorized one to issue the national currency, and the Ministry of Finance, as the financial authority authorized to implement the federal budget in terms of spending and collection.” He added, "The third party is the public, the financial institutions {governmental and private banks} and the trade, agriculture and industry sectors, meaning that the cash that is offered to the public when implementing the budget returns to the Central Bank and then to the Ministry of Finance."...more31minPlay
October 01, 2023Al-Sudani: Iraq is on the right trackAl-Sudani: Iraq is on the right tracklinkPrime Minister Muhammad Shiaa Al-Sudani confirmed today, Saturday (September 30, 2023), that Iraq is on the right track by honoring the first students to graduate from preparatory school for the academic year 2022-2023.A statement from the Prime Minister's Media Office, received by "Baghdad Today", said, "Al-Sudani honored the top students and outstanding graduates of preparatory school for the academic year 2022-2023, during an honoring ceremony held in the capital, Baghdad."According to the statement, in a conversation with the students, Al-Sudani expressed his “high evaluation and appreciation of their academic achievement and excellence, describing their achievement as the product of patience and dedication from the students and their families leading to the harvest of honorable results,” referring to “the National Education Strategy, which was one of its results.” Allocating 5,000 scholarships in important and rare specializations, which the development movement and infrastructure development need, and it will be an opportunity for all outstanding students and top students, according to what the government program targets.”...more28minPlay
September 23, 2023Al-Sudani returns to the country #Iraq after concluding his visit to New YorkAl-Sudani returns to the country after concluding his visit to New Yorklink they even tweeted about him being home tooPrime Minister Muhammad Shiaa Al-Sudani returned, on Saturday, to Iraq after concluding his participation in the meetings of the 78th session of the United Nations General Assembly in New York, where he held many meetings with senior participating officials.The Sudanese Media Office stated in a statement received by Shafaq News Agency, that the Iraqi Prime Minister’s participation in the United Nations meetings included delivering Iraq’s speech, as well as delivering a speech at the Sustainable Development Goals Summit.He also held meetings with the Secretary-General of the United Nations, the German Chancellor, the Prime Ministers of Spain, the Netherlands, Norway, Malaysia, Lebanon, and Kuwait, and the heads of state of Bulgaria, Cyprus, South Korea, and the Islamic Republic of Iran....more38minPlay
September 21, 2023Biden extends an invitation to meet Sudanese at the White HouseBiden extends an invitation to meet Sudanese at the White Houselink to see this article in full and more go to: My FX Buddies BlogThe leaders of the coordination framework remained silent about the news of the invitation sent to Prime Minister Mohamed Al-Sudani, who has been in New York for days to attend United Nations meetings, to meet with US President Joe Biden. During recent weeks, there were two opinions within the Shiite coalition regarding Iraqi and American efforts to complete the meeting between the two parties. A conservative opinion and a move to obstruct the meeting or at least lower its level, and a second enthusiastic opinion.Before the Sudanese traveled to the United States, the Prime Minister had temporarily resolved the salary crisis with Kurdistan, which he expected would disturb his meetings with world leaders there, while the second file related to currency smuggling is still strongly active.On the eve of the Prime Minister's departure to attend the global event, the value of the Iraqi dinar had declined significantly against the dollar, and the reason for the rise of the foreign currency against the local currency was mostly due to the continued smuggling of money to Tehran.On the other hand, activists published new details about the demonstrations that are supposed to begin today, Wednesday, in front of the government headquarters, which may complement other protests on the occasion of the fourth anniversary of the October protests that broke out in 2019.Yesterday, a statement from Al-Sudani’s office revealed that the Prime Minister received an official invitation from President Joe Biden to visit the White House, which was conveyed to him by US Secretary of State Anthony Blinken during a meeting on Monday on the sidelines of the United Nations meetings....more28minPlay
September 13, 2023The US Assistant Secretary of the Treasury arrives in Baghdad to meet with Central Bank officialsThe US Assistant Secretary of the Treasury arrives in Baghdad to meet with Central Bank officialslinkThe US Ambassador to Iraq, Alina Romanowski, announced on Tuesday the arrival of Assistant US Treasury Secretary Elizabeth Rosenberg to the capital, Baghdad.“I am pleased to welcome US Treasury Secretary Elizabeth Rosenberg to Baghdad,” Romanowski said in a blog post on theShe indicated that "progress in combating international money laundering and banking reform will help combat corruption and support international investment in Iraq."...more29minPlay
September 09, 2023Iraq's Qi Card to work with SamsungIraq's Qi Card to work with SamsunglinkSamsung Electronics Middle East has signed a memorandum of understanding (MoU) with Iraq's Qi Card.According to a press release from Samsung, the partnership "aims to provide advanced technological products and solutions to traders, citizens, and agents of both companies with attractive commercial offers throughout Iraq."It adds: "The two companies will collaborate on dual marketing campaigns targeting shared customer segments. Qi Card will also provide necessary support to offer competitive pricing to government employees and Rafidain Bank customers, as well as facilitating accessible financial solutions for citizens."The agreement was formalized at Qi Card's headquarters in Baghdad, with the presence of Mr. Hyun Dong Lee, the General Manager of Samsung Electronics Middle East, and Mr. Leo Kim, the General Manager of Samsung Electronics (Iraq Region). Additionally, Mr. Ali Hussein Munaim, the CEO of Ki Card, and Mr. Ali Mazhar, the Sales Director at Ki Card, were in attendance....more28minPlay
September 05, 2023Iraqi Foreign Minister: I do not think that al-Sudani will meet with BidenIraqi Foreign Minister: I do not think that al-Sudani will meet with BidenlinkBut he will head the delegation in New York. Iraqi Foreign Minister Fuad Hussein said that Prime Minister Muhammad Shia al-Sudani will head the Iraqi delegation to the meetings of the United Nations General Assembly in New York, and that he will deliver a speech and meet with a large number of world leaders....more35minPlay
August 21, 2023The Dinar Support Committee is reassured about the dollar crisis: it will decrease after our stepThe Dinar Support Committee is reassured about the dollar crisis: it will decrease after our steplink to see this article and more go to: My FX Buddies BlogThe Iraqi Dinar Support Committee intends to take new measures to limit the dollar's rise in the markets.A member of the committee, Omar Al-Sudani, said in a statement followed by “Earth News”, that “the committee, headed by the advisor to the Prime Minister, Qassem Al-Dalimi, recently took a decision to open accounts for merchants in the (TBI) Bank who hold the identity of the Baghdad Chamber of Commerce from the category of individuals,” noting that “ This decision allows them to transfer $100,000 a month.”...more39minPlay
August 18, 2023Al-Alaq: The US Federal Reserve is asking us about the truth about “Indomie”... Do you like it ?that muchAl-Alaq: The US Federal Reserve is asking us about the truth about “Indomie”... Do you like it ?that much link to see this article in full and more go to: My FX Buddies BlogThe Governor of the Central Bank, Ali Al-Alaq, said, on Wednesday, that the international committees are asking the Iraqi authorities about the fact that .“Indomie” was imported in large quantitiesThis came during a meeting with editor-in-chiefs and representatives of media : organizations, which was attended by the 964 Network correspondent The world is surprised by the love of the new generation of Iraqis for indomie, because of its large number of imports (…) International committees always ask .me whether these large quantities are real This came during a meeting with editor-in-chiefs and representatives of media : organizations, which was attended by the 964 Network correspondent The world is surprised by the love of the new generation of Iraqis for indomie, because of its large number of imports (…) International committees always ask .me whether these large quantities are real The US Federal Reserve is investigating these large amounts, because it .considered them strange breaks...more34minPlay
August 16, 2023Will Digital Banks lure Cash from under Iraqi Mattresses?Will Digital Banks lure Cash from under Iraqi Mattresses?To see this article in full and more go to: My FX Buddies BloglinkWill digital banks lure out cash under Iraqi mattresses?In Iraq, years of economic and political instability have created an environment of mistrust that is leading many to avoid depositing their money in banks. The preference is to store cash at home. This tendency has undermined Iraq’s ability to develop its banking system, which is already hamstrung by insufficient legal and regulatory frameworks and the influence of the country’s oil rentier model.But even though cash remains king in Iraq, some people are looking beyond the traditional banking system for opportunities in digital banking. They argue that this will expand the Iraqi public’s access to financial services and aid economic development....more25minPlay
FAQs about My FX Buddies:How many episodes does My FX Buddies have?The podcast currently has 444 episodes available.