A new report reveals a little-known but extremely powerful ⁠link to My FX Buddies Blogpost⁠ department inside the Central Bank of Iraq — described by economists as the “silent backbone” of the entire Iraqi economy. This “secret operations room” manages Iraq’s foreign reserves, monitors global market risks, stabilizes the exchange rate, and prepares the country for the most important monetary reforms in its modern history. Here’s what experts are saying: Economist Nasser Al-Tamimi says the department has transformed into the CBI’s core engine — controlling Iraq’s foreign assets, smoothing global shocks, and protecting the dinar.

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