Dollar Earthquake Hits Iraq 🇮🇶💥 | 146,000 Barrier in Sight?
At the start of 2026, Iraq’s currency market was hit by a sudden shock. link to My FX Buddies Blog
The US dollar surged rapidly in Baghdad exchanges, approaching 146,000 dinars, triggering what traders describe as commercial paralysis. Buying and selling halted as uncertainty spread, with demand for hard currency spiking sharply.
In this video, we break down:
What caused the sudden dollar jump
Why markets froze instead of adjusting
What this level means psychologically
What traders and citizens are watching next
This isn’t speculation — it’s what’s happening on the ground.
If you'd like to…
The skinny
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