My FX Buddies

Sudani Speaks: Who Really Controls the Dollar Exchange Rate in Iraq?


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Prime Minister Mohammed Shia Al-Sudani has issued his first

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clear statement regarding the dollar exchange rate — and it matters.

In a televised interview, Sudani confirmed that changing the dollar exchange rate is the exclusive authority of the Central Bank of Iraq, not the government. He also emphasized that Iraq’s current direction is stability, pointing to the successful narrowing of the gap between the official and parallel market rates.

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...⁠.Sudani further highlighted government support for correcting private banks’ conditions and bringing them back into the system under international standards, reinforcing confidence in the financial sector.

✨ Reset Naturally — Grab the Holiday Helper Plan 🎁⁠⁠⁠⁠⁠⁠⁠https://buymeacoffee.com/tishwash/e/479454👉 What does this mean for the dinar, market stability, and future policy decisions?
Let’s break it down.

  • Why Sudani emphasized Central Bank independence

  • What “exchange rate stability” signals to markets

  • The importance of narrowing the official vs parallel rate gap

  • Banking reform as a foundation for confidence

  • What this statement rules out (and what it doesn’t)

...more
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My FX BuddiesBy Tish Washington