Iraq's banking reforms are facing another major test -and the parallel market is refusing to disappear. https://www.myfxbuddies.com/2026/08/iraqs-dollar-gap-explodes-is-banking.html The Iraqi Central Bank has spent months changing the way foreign currency transactions are handled, strengthening banking compliance, expanding correspondent banking relationship regulating exchange companies, and working to bring more dollar transactions into the formal banking system. But the latest numbers show that a major gap remains. At the end of August, the parallel market was selling $100 for appro ...