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Iraqi Dinar Guru opinions 11-1-2026

Iraqi Dinar Guru opinions 11-1-2026

11-1-2026 Newshound Guru Jeff There’s a scheduled rate change date. They are revising the budget right now, redrafting it, modifying it so it reflects the correct currency value. They’re doing it right now in front of everyone’s face. They’re masking it, concealing it, saying they’re doing it to make it constitutionally for Kurdistan. No, this is them preparing the budget for the rate change right now…secretly. Read more…

$500 million will arrive in Iraq tomorrow… and the exchange rate will decrease.

$500 million will arrive in Iraq tomorrow… and the exchange rate will decrease.

11-1-2026

Deputy Prime Minister for Economic Affairs Mohammed Tamim confirmed on Sunday that a new shipment of $500 million will arrive tomorrow from the United States.

Tamim said in a statement published by the official agency that “the exchange rate of the dollar in the parallel market will decrease and will be close to the official rate.” Read more…

After it rose to 30 trillion in the budget, can the government achieve non-oil revenues?

After it rose to 30 trillion in the budget, can the government achieve non-oil revenues?

11-1-2026

Information/Special…
MP Shaima al-Fatlawi warned on Sunday against treating the estimated 30 trillion dinar non-oil revenues in the budget as guaranteed funds, stressing that these figures remain financial estimates that may or may not be realized depending on the government’s ability to actually collect them.
Speaking to Al-Maalouma, al-Fatlawi said, “The Iraqi economy remains a rentier economy that relies primarily on oil revenues, which makes achieving the targeted non-oil revenues a major challenge given the limited diversification of income sources and the weakness of the productive sectors.” Read more…

$300 billion evaporates from the cryptocurrency market in one month

$300 billion evaporates from the cryptocurrency market in one month

2026-11-01

Shafaq News – Follow-up
The global cryptocurrency market suffered losses exceeding $300 billion in market value during October 2026, amid a wave of declines affecting the most prominent digital currencies, most notably Bitcoin and Ethereum, with increasing selling pressure and liquidation of trading positions. Read more…

Al-Surji: The SOMO agreement ends the salary crisis for employees in the Kurdistan Region.

Al-Surji: The SOMO agreement ends the salary crisis for employees in the Kurdistan Region.

11-1-2026

Information/Baghdad…
Ghiath al-Surji, a member of the Patriotic Union of Kurdistan (PUK), confirmed the stability of the process of sending employee salaries from Baghdad to the Kurdistan Region following the agreement to export the region’s oil through the State Oil Marketing Organization (SOMO). Read more…

The 2027 budget: postponed solutions and closed revenue streams

The 2027 budget: postponed solutions and closed revenue streams

11-1-2026

The 2027 budget remains circulating within the Cabinet, with no clear date set for its submission to Parliament. This is especially true after the government’s announcement of raising the exchange rate of the dollar against the dinar, necessitating a review of many budget items and a recalculation of accounts to reflect the new realities. Meanwhile, some criticism has emerged regarding the existence of numerous potential revenue streams that remain unexplored Read more…

22 parliamentary committees are awaiting a decision… Will the “single basket” resolve the disputes?

22 parliamentary committees are awaiting a decision… Will the “single basket” resolve the disputes?

11-1-2026

Information/Baghdad…
Member of Parliament Mukhtar al-Youssef called on Sunday for political forces and blocs to abandon traditional power-sharing mechanisms and adopt the criteria of competence and scientific specialization in selecting the heads and members of the permanent parliamentary committees, in addition to electoral merit. Read more…

A first-of-its-kind visit: Maliki in Kirkuk with four security files and awaits direct decisions.

A first-of-its-kind visit: Maliki in Kirkuk with four security files and awaits direct decisions.

11-1-2026

Information/Kirkuk…
A government source revealed on Sunday that the Minister of Interior will discuss four key issues during his first visit to Kirkuk, indicating that the visit is expected to result in a number of direct decisions.
The source explained to Al-Maalomah that “Minister of Interior Yasser al-Maliki and senior ministry officers arrived in Kirkuk and held extensive meetings with the local government and its council, in the presence of Read more…

MP: Iraq possesses huge resources sufficient for expenses and salaries without the need for borrowing

MP: Iraq possesses huge resources sufficient for expenses and salaries without the need for borrowing

11-1-2026

Information/Special…
Member of Parliament Abdul Hamza Munim affirmed on Sunday that Iraq possesses enormous wealth and economic resources capable of covering the majority of operational and investment expenditures and securing the salaries of state employees, stressing that there is no justification for resorting to financial borrowing. Read more…

Al-Zubaidi: All the Central Bank’s measures to control the dollar exchange rate have failed.

Al-Zubaidi: All the Central Bank’s measures to control the dollar exchange rate have failed.

11-1-2026

Information/Special…
Salam al-Zubaidi, spokesperson for the Victory Coalition, confirmed on Sunday that it is difficult for the Central Bank and the government to control the discrepancies between the official exchange rate and the black market rate. He indicated that all statements made are merely pronouncements, and what will prevent this manipulation is strong and deterrent measures. Read more…

Joint oil pipeline: Saudi Arabia agrees “in principle,” Iraq “pays”

Joint oil pipeline: Saudi Arabia agrees “in principle,” Iraq “pays”

2026-11-01

Shafaq News – Baghdad
Informed sources revealed on Saturday that Saudi Arabia has given “initial approval” to restore the joint oil export pipeline with Iraq, but this requires the construction of a new pipeline and Iraq will bear part of the cost after the previous pipeline went out of service. Read more…

Trump: There is a possibility of carrying out a swift military action against Iran.

Trump: There is a possibility of carrying out a swift military action against Iran.

2026-11-01

Shafaq News – Washington
US President Donald Trump hinted on Sunday at the possibility of a swift military strike against Iran targeting its remaining nuclear sites, arguing that Tehran’s military capabilities have become very weak.

Trump said in press statements that the “Axe Mountain” site, which contains nuclear facilities in Iran, must be dealt with, while at the same time refusing to Read more…

Despite its increased oil imports, the US has stopped buying Iraqi crude for the fifth week.

Despite its increased oil imports, the US has stopped buying Iraqi crude for the fifth week.

2026-11-01

Shafaq News – Washington / Baghdad
U.S. imports of Iraqi crude oil were zero for the fifth consecutive week last week.

Data from the U.S. Energy Information Administration, reviewed by Shafaq News Agency, showed that the average U.S. imports of crude oil Read more…

Trump turns on his Iraqi lawyer over $50 million

Trump turns on his Iraqi lawyer over $50 million

2026-11-01

Shafaq News – Follow-up
US President Donald Trump criticized his former advisor, Iraqi-born lawyer Alina Habba Meldon, for securing a $50 million contract with a company linked to the family of a Venezuelan banker, describing the move as “provocative and unacceptable,” despite his previous repeated praise of her. Read more…

The Ministry of Media and Communications is in negotiations with Apple to launch Apple Pay in Iraq.

The Ministry of Media and Communications is in negotiations with Apple to launch Apple Pay in Iraq.

2026-11-01

Shafaq News – Erbil
The head of the executive body of the Media and Communications Commission, Baligh Abu Kalal, revealed that official negotiations and discussions are underway with the global company “Apple” to launch the “Apple Pay” electronic payment service and regulate the privacy policy within the Iraqi market. Read more…

Al-Rafidain Bank grants genuine retirees loans of up to 10 million dinars, excluding heirs.

Al-Rafidain Bank grants genuine retirees loans of up to 10 million dinars, excluding heirs.

2026-11-01

Shafaq News – Baghdad
An informed source revealed on Sunday that the financial loans provided by Al-Rafidain Bank, amounting to 5 and 10 million dinars, are available to genuine retirees who are no more than 75 years old.

The source explained to Shafaq News Agency that the loans are limited to original retirees and do not include heirs, indicating that the interest rate is 6%, Read more…

Anticipated changes in Iraq include pensions, border crossings, banks, and financial positions.

Anticipated changes in Iraq include pensions, border crossings, banks, and financial positions.

2026-11-01

Shafaq News – Baghdad
An informed government source revealed on Sunday that there is a move to make administrative changes that include a number of government bodies and institutions, most notably the directorates of retirement and border crossings, as well as government banks, financial departments and institutions, and positions in the ministry. Read more…

The Central Bank denies to Shafaq News raising the dollar quota for travelers to $3,500.

The Central Bank denies to Shafaq News raising the dollar quota for travelers to $3,500.

2026-11-01

Shafaq News – Baghdad
The Central Bank of Iraq denied on Sunday the news circulating about raising the ceiling for selling dollars to travelers to $3,500, instead of $2,000.

The Central Bank’s media director, Haider Ghazi, told Shafaq News Agency that what some social media pages have circulated regarding a document about increasing the dollar quota allocated to travelers to $3,500 is fake, stressing Read more…

The meeting of the coordination framework will address al-Zaydi’s regional tour and the arms control issue tomorrow, Monday.

The meeting of the coordination framework will address al-Zaydi’s regional tour and the arms control issue tomorrow, Monday.

2026-11-01

Shafaq News – Baghdad
The Coordination Framework, which includes the ruling Shiite political forces in Iraq, is scheduled to hold its periodic meeting tomorrow, Monday, to discuss a number of important issues with Prime Minister Ali al-Zubaidi.

A source within the framework told Shafaq News Agency that “the leaders of the Coordination Framework will hold their periodic meeting tomorrow, Read more…

Kurdistan Region requests Baghdad to approve 4 new border crossings

Kurdistan Region requests Baghdad to approve 4 new border crossings

2026-11-01

Shafaq News – Baghdad
On Sunday, MP Ikhlas al-Dulaimi, from the Kurdistan Democratic Party bloc, revealed the existence of three types of border crossings in the Kurdistan Region, stressing that the issue is raised during negotiations and meetings between representatives of the regional government and the federal government.

Al-Dulaimi told Shafaq News Agency that “the first type consists of the officially registered and recognized outlets Read more…