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We strive to provide the best daily news reports/articles as it pertains to our “Iraqi Dinar speculation”, both positive and negative. Thank you for visiting us! GO RV!! (more…)
We strive to provide the best daily news reports/articles as it pertains to our “Iraqi Dinar speculation”, both positive and negative. Thank you for visiting us! GO RV!! (more…)
Posted by MDV - February 15, 2012 at 5:35 pm
10-23-2026 Newshound/Intel Guru Mnt Goat The new 1520 is to help control or get rid of the parallel market, something that the IMF has consulted with Iraq just recently on again. But why did the IMF come out now at this time and recommend this action of a devaluation of the dinar? This devaluation is not loss hope for us and the reinstatement. Actually, it is a bright side if your glass is half full…There are…basic reasons…1) An attempt to create revenue out of thin air by devaluing the dinar since Iraq had lost nearly $60 billion from when the closing of the Strait of Hormuz…2) Trying to prepare for the removing of the zeros just as they said would most likely begin in the first quarter of 2027…3) The CBI wants to collect these stashes of cash outside the banking system while executing the project to delete the zeros… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
2026-10-23
Shafaq News – Special Translation
Baghdad seeks to strengthen its economic and energy sector ties with Washington, driven by economic and strategic needs that go beyond normalizing political relations, at a time when the American companies Chevron and ConocoPhillips are moving to expand their presence in the Iraqi oil sector, through various investment paths that include producing fields and export infrastructure. Read more…
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2026-10-23
Shafaq News – Erbil
The Department of Media and Communication in the Kurdistan Regional Government announced on Friday that a negotiating delegation from the region is heading to Baghdad to discuss financial entitlements in the 2027 budget.
The department said in a statement received by Shafaq News Agency, “As part of the ongoing negotiations between the Kurdistan Regional Government and the Federal Government, regarding Read more…
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2026-10-23
Shafaq News – Washington
US President Donald Trump asserted on Friday that Washington would keep Iran in a state of complete paralysis, as it is currently, adding, “We could finish the Iran thing very quickly; it’s a failed state.”
Trump added in a press statement: “All the oil we want goes through the Strait of Hormuz and Iran is under a naval blockade,” continuing: “We control the Strait of Hormuz and we can control all of Iran and they don’t have any money.” Read more…
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10-23-2026
The program (Special Meeting) will host Prime Minister Ali Faleh Al-Zaidi, in a dialogue that addresses the most prominent issues of the next stage, and to talk about restricting weapons to the state, the exchange rate and its repercussions on the market, the livelihood of citizens, the housing file, and the course of government reforms. The meeting will be tonight at nine o’clock on the Iraqi Read more…
Categories: IRAQI DINAR POLITICS & ECONOMY Tags:
10-23-2026
Information/Anbar
An official source in Anbar province revealed on Friday that Prime Minister Ali Faleh al-Zaidi had made unannounced contacts with al-Julani, ahead of an expected visit to Syria, amid talk of understandings and agreements whose details have not yet been clarified.
The source told Al-Maalomah News Agency that “Al-Zaydi held intensive talks with Al-Julani to discuss possible positions and understandings,” noting that Read more…
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10-23-2026
Information/Report…
The government’s talk and actions regarding the budget, and its move towards raising the dollar exchange rate to secure and increase revenues, have been met with considerable criticism from various popular, political, economic, and especially parliamentary circles. This approach is no different from its predecessors in its focus on securing operational expenses and hiring, which increases the financial burden on the budget and raises costs beyond expectations. There are fears that the government will resort to raising Read more…
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10-23-2026
Information/Baghdad…
A government source revealed on Friday the truth about the reopening of the Al-Shaib border crossing with Iran after its closure for more than 72 hours.
The source explained to Al-Maalomah that “the news circulating on some websites and social media platforms about the reopening of the Al-Shaib border crossing between Iraq and Iran is inaccurate, and it remains closed for more than 72 hours.”
He pointed out that “the closure decision came directly from the central Read more…
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10-23-2026
Information/Baghdad…
Economic expert Dr. Safwan Qusay explained what could be achieved in the budget if the price of a barrel of oil were calculated at more than $60.
Qusay told Al-Maalouma, “The minimum price of a barrel of oil in the budget should not fall below $60. With exports exceeding 3 million barrels per day, this would be sufficient to cover public spending on items governed by permanent laws, such as salaries, welfare, pensions, and the food basket.” Read more…
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2026-10-23
Shafaq News – Baghdad
The Iraqi Ministry of Finance announced on Friday that Al-Rafidain Bank has completed the technical procedures and electronic linking for the loan service via the “Super Key” application.
The ministry explained in a statement received by Shafaq News Agency that the application link will be activated through the bank’s icon tomorrow, Saturday, for civilian and military employees and retirees whose salaries are deposited with the bank and who hold its cards. Read more…
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2026-10-23
Shafaq News – Baghdad
Legal experts, analysts, and politicians agree that the stagnation of the Iraqi constitution issued in 2005 and its complex procedural conditions stand as an obstacle to resolving constitutional amendments and overcoming the recurring political deadlock, amid a heated division over the priority of amending the problematic texts or the commitment of the influential forces to implement the existing and suspended provisions.
The constitutional amendment crisis was renewed following an explicit call made by the head of the Supreme Judicial Council, Judge Faiq Zaidan, last Thursday, in which he demanded a review of constitutional provisions Read more…
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2026-10-23
Shafaq News – Baghdad
An informed source revealed on Friday that Rafidain Bank has launched loans for employees and retirees in amounts of 5 million and 10 million dinars, with an annual interest rate of 6%, to be repaid over five years.
The source explained in an interview with Shafaq News Agency that applications for loans are available electronically through the “Super Key” application, as part of the move towards enhancing digital banking services and simplifying procedures Read more…
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2026-10-23
Shafaq News – Kirkuk
Ali Hamadi, the advisor to the governor of Kirkuk for investment and reconstruction affairs, revealed on Friday that the railway line linking the governorate with Salah al-Din needs about 40 billion Iraqi dinars to rehabilitate it so that it can be used to transport goods and oil derivatives.
Hamadi told Shafaq News Agency that “Kirkuk is one of the important oil-producing governorates on the production and export map, and that restoring the railway line between it and Read more…
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2026-10-23
Shafaq News – Special Translation
The inclusion of Iraq, Iran, and Kuwait in the recently announced “Mecca Alliance” between Saudi Arabia, Turkey, and Pakistan provides a means to avoid pushing regional states into mutual retaliation for attacks from abroad. This arrangement would better protect approximately 55% of the world’s oil reserves and infrastructure in the region than the idea of military deterrence alone, according to the American website “ Eurasia Review ”. Read more…
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10-22-2026 Newshound Guru Jeff The US Treasury asked Iraq to secure their Iranian borders, not because of military tensions, strongly suggesting they’re about to change the rate very soon…The only reason you’d close the borders…is to prevent Iraq’s new valuable dinar from getting stolen from banks and ATMs and taken back across the border. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
2026-10-22
Shafaq News – Baghdad
On Thursday, the Central Bank of Iraq decided to prohibit the International Development Bank from dealing in US dollars “in any way whatsoever.”
This came according to a document issued by the “Banking Supervision” department of the Central Bank, which was received by Shafaq News Agency.
The US Treasury Department announced last Thursday new sanctions Read more…
Categories: CBI INFO & IRAQI DINAR NEWS Tags:
2026-10-22
Shafaq News – Washington
US President Donald Trump asserted on Thursday that Iran is doing everything it can to raise oil prices before the US midterm elections by fabricating fake attacks, even though the amount of oil passing through the Strait of Hormuz now exceeds what it was even before the outbreak of the conflict, as he described it. Read more…
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2026-10-22
Shafaq News – Riyadh
The Saudi Ministry of Foreign Affairs announced on Thursday that its minister, Faisal bin Farhan, received a call from Iraqi Foreign Minister Fuad Hussein, in which he affirmed Iraq’s firm position of not allowing its territory to be used as a launching pad for any attacks that threaten the security of Saudi Arabia and the countries of the region. Read more…
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10-22-2026
Information/Baghdad…
MP Ahmed Al-Shammari called for legislation to pursue and track funds recovered from corruption crimes, in addition to other laws to recover and retrieve funds in accordance with the “Where did you get this?” law and bribery crimes.
Al-Shammari told Al-Maalouma, “There are parliamentary demands and calls that emphasize the need to legislate a law to recover the proceeds of corruption, Read more…
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2026-10-22
Shafaq News – Baghdad
Prime Minister Ali Faleh al-Zaidi called on European companies on Thursday to take advantage of the investment opportunities available in Iraq, given the facilities provided by the government to investors, as well as the availability of labor and raw materials for many industries, noting that the Development Road project will represent a factor in strengthening economic relations between East and West. Read more…
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