Iraq Wants $2.5 BILLION in Dollars - Can It Close the Exchange Rate Gap?

Podcast: My FX Buddies · Tish Washington

Opublikowano: 2026-10-24

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Iraq is looking to dramatically increase the amount of US cash dollars My FX Buddies Blog entering the country as Baghdad tries to narrow the gap between the official exchange rate and the parallel market. Prime Minister Ali al-Zaidi says the government is working to increase dollar shipments from roughly $500 million per month toward $1 billion — while also seeking shipments worth as much as $2.5 billion. The announcement comes after Iraq raised its official cash selling rate from 1,320 to 1,520 dinars pe...