Central Bank Presents Dollar Reform Plan to U.S. Does it Pass?
Fri Feb 06 2026
The Governor of the Central Bank of Iraq met with the U.S.
link to My FX Buddies Blog
Chargé d’Affaires to present Iraq’s reform plan for regulating dollar sales and foreign transfers. The United States praised the Central Bank’s progress and confirmed continued support through the Treasury Department and Federal Reserve.
This update highlights growing financial cooperation between Iraq and the U.S., and the role of banking reform in achieving long-term economic and political stability.
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...Today we’re looking at a very important meeting between Iraq’s Central Bank and the United States — and what it means for the future of the Iraqi dinar and financial stability.The Governor of the Central Bank of Iraq, Ali Al-Alaq, met with the U.S. Chargé d’Affaires, Joshua Harris, to discuss strengthening monetary stability and supporting Iraq’s broader economic reforms.
During the meeting, Harris praised the significant reform developments undertaken by the Central Bank, especially in regulating dollar sales and stabilizing foreign transfers.
Both sides emphasized that financial security is a key pillar of political and security stability in Iraq — meaning economic reform isn’t just about money, it’s about national stability.
What’s especially important here is the role of the U.S. Treasury and the Federal Reserve. The Central Bank confirmed ongoing cooperation through quarterly meetings, showing that Iraq’s banking system is being aligned with international standards.
This is a major shift from the past, when dollar flows were loosely controlled and vulnerable to misuse.
The U.S. has now publicly reaffirmed its support for Iraq’s financial reforms — and that sends a strong signal to investors, institutions, and global markets.
The message is simple: Iraq is working to stabilize its system, and the world is watching.
Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥
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The Governor of the Central Bank of Iraq met with the U.S. link to My FX Buddies Blog Chargé d’Affaires to present Iraq’s reform plan for regulating dollar sales and foreign transfers. The United States praised the Central Bank’s progress and confirmed continued support through the Treasury Department and Federal Reserve. This update highlights growing financial cooperation between Iraq and the U.S., and the role of banking reform in achieving long-term economic and political stability. 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...Today we’re looking at a very important meeting between Iraq’s Central Bank and the United States — and what it means for the future of the Iraqi dinar and financial stability.The Governor of the Central Bank of Iraq, Ali Al-Alaq, met with the U.S. Chargé d’Affaires, Joshua Harris, to discuss strengthening monetary stability and supporting Iraq’s broader economic reforms. During the meeting, Harris praised the significant reform developments undertaken by the Central Bank, especially in regulating dollar sales and stabilizing foreign transfers. Both sides emphasized that financial security is a key pillar of political and security stability in Iraq — meaning economic reform isn’t just about money, it’s about national stability. What’s especially important here is the role of the U.S. Treasury and the Federal Reserve. The Central Bank confirmed ongoing cooperation through quarterly meetings, showing that Iraq’s banking system is being aligned with international standards. This is a major shift from the past, when dollar flows were loosely controlled and vulnerable to misuse. The U.S. has now publicly reaffirmed its support for Iraq’s financial reforms — and that sends a strong signal to investors, institutions, and global markets. The message is simple: Iraq is working to stabilize its system, and the world is watching. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥