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Podcast Episode

IRAQ’S BANKS STOP LENDING?! WHAT’S REALLY GOING ON

My FX Buddies··30 August 2026·23 min

About this episode

Iraq's three-zero currency story just became even more complicated.https://www.myfxbuddies.com/2026/08/us-pressure-to-remove-3-zeros.htmlFour reports emerging today are putting new attention on Iraq's long-discussed plan to remove three zeros from the Iraqi dinar — but the reports don't all tell exactly the same story.One report claims that US pressure is being applied to Baghdad to accelerate the process, allegedly as part of efforts to combat money laundering and bring cash back into the formal banking system.Other reports focus on discussions between Iraq's Parliamentary Finance Committee and the Central Bank, preparations for redesigned banknotes, possible legislation, and the potential timeline for a gradual currency transition.Some reports even state that a decision has already been made, while the Central Bank of Iraq has not publicly provided a formal implementation timetable.So what should ordinary Iraqis believe?In today's video, we're putting all four reports side by side and looking at what they actually say — where they agree, where they differ, and what questions still need official answers.Most importantly, we'll discuss the difference between removing three zeros from the currency and actually increasing the value or purchasing power of the Iraqi dinar.This is not a prediction that a currency revaluation is about to happen.It is an examination of the information being reported today and the questions Iraqis deserve clear answers to.The biggest question may be the simplest: What will the Central Bank of Iraq officially say?https://tinyurl.com/godhastheanswersGet a free transcript https://rss.com/podcasts/myfxbuddies📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication.#Iraq #iraqiDinar #iqdrv #IraqiDinar