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Iraqi Dinar Guru opinions 10-6-2026

Iraqi Dinar Guru opinions 10-6-2026

10-6-2026 Newshound Guru Clare Article: “The 2027 draft budget adopts a rate of 150,000 dinars per 100 dollars… and the Central Bank denies fixing the rate so far” Quote: “Member of the Parliamentary Finance Committee, Dylan Ghafour, revealed on Monday that the draft Iraqi budget for 2027 includes adopting an exchange rate of 150,000 dinars per 100 dollars, in a move that, if approved, would represent a clear change in the rate adopted during previous years…the proposal is still within the draft budget and has not yet been voted on in the Cabinet.” Read more…

Trump on the French protests: They’re caused by Islam trying to take over the state.

Trump on the French protests: They’re caused by Islam trying to take over the state.

2026-10-06

Shafaq News – Washington
On Tuesday evening, US President Donald Trump asserted that the student protests in France were “nothing less than an out-of-control mass migration,” linking them to Islam rather than a school crisis.

Trump said in remarks monitored by Shafaq News Agency, “This is not a matter about schools, but rather about Islam and its desire to take over a country that was once great.” Read more…

Badr Bloc: Iraq cannot afford four deputy prime ministers

Badr Bloc: Iraq cannot afford four deputy prime ministers

10-6-2026

Information/Baghdad…
MP Mukhtar al-Moussawi, from the Badr parliamentary bloc, criticized the political move to appoint four deputy prime ministers, pointing out that these positions consume the state budget at a time when Iraq is suffering from a financial crisis.
Al-Moussawi told Al-Maalouma, “Iraq needs radical solutions to the financial crisis it is experiencing, which necessitates not proceeding with the appointment of four deputy prime ministers.” Read more…

Oshana: The 2027 budget will be subject to parliamentary scrutiny before the official readings.

Oshana: The 2027 budget will be subject to parliamentary scrutiny before the official readings.

10-6-2026

Information/Baghdad…
MP Sami Oshana, from the Christian Suwayana bloc, revealed on Tuesday the legislative and oversight mechanism that the House of Representatives will adopt to deal with the draft federal budget law for 2027 as soon as it is sent by the government.
Oshana told the Information Agency that “the Speaker of Parliament will provide each MP with a complete official copy of the draft, including Read more…

Ministry of Finance: The dollar exchange rate has not yet been determined; the proposed rate ranges between 1400 and 1500 dinars.

Ministry of Finance: The dollar exchange rate has not yet been determined; the proposed rate ranges between 1400 and 1500 dinars.

10-6-2026

The Ministry of Finance denied on Sunday that a specific exchange rate for the US dollar had been set in the 2027 budget, while indicating that the proposed rate of 1400-1500 dinars would likely be adopted.
A statement from the ministry, reported by Al-Maalomah News Agency, quoted the Minister of Finance as saying that the exchange rate had not yet been determined and that the proposed rate ranged between Read more…

Economist: Raising the dollar exchange rate in the budget requires legislation, and current statements are merely testing the waters.

Economist: Raising the dollar exchange rate in the budget requires legislation, and current statements are merely testing the waters.

10-6-2026

Information/Special…
Economic researcher Ali Tamr confirmed on Tuesday that the proposal to raise the dollar exchange rate within the budget comes as part of attempts to address the financial deficit. He explained that changing the exchange rate cannot be done through proposals or decisions, but rather requires a law voted on by the Council of Representatives.
Tamr told Al-Maalouma, “The proposal to raise the dollar exchange rate Read more…

A high-level Kurdish delegation heads to Baghdad to finalize the region’s entitlements in the 2027 budget.

A high-level Kurdish delegation heads to Baghdad to finalize the region’s entitlements in the 2027 budget.

2026-10-06

Shafaq News – Erbil
The Department of Media and Information of the Kurdistan Regional Government announced on Tuesday that a high-level negotiating delegation from the regional government will head to the federal capital, Baghdad, on Wednesday.

The department said in a statement, received by Shafaq News Agency, that the delegation will continue negotiations with the federal government regarding the region’s financial obligations, rights Read more…

The secrets of the coordination meeting: an urgent warning from Al-Zaydi and a debate over 100,000-400,000 jobs.

The secrets of the coordination meeting: an urgent warning from Al-Zaydi and a debate over 100,000-400,000 jobs.

2026-10-06

Shafaq News – Baghdad
On Tuesday, an informed political source revealed details of the meeting of the leaders of the Coordination Framework, which was attended by Prime Minister Ali Faleh al-Zaidi and held on Monday evening.

The source explained to Shafaq News Agency that “Al-Zaydi warned some of the framework forces, especially those with armed wings, against failing to Read more…

Within days, the official exchange rate for US dollars will begin for travelers at Erbil and Sulaimaniyah airports.

Within days, the official exchange rate for US dollars will begin for travelers at Erbil and Sulaimaniyah airports.

2026-10-06

Shafaq News – Sulaymaniyah
On Tuesday, Ribwar Karim, a member of the Iraqi parliament representing Sulaymaniyah Governorate, announced that he had obtained approval from the Central Bank of Iraq to begin disbursing dollars to travelers at the official exchange rate at Erbil and Sulaymaniyah airports in the coming days.

Karim told Shafaq News Agency that the approval came after an official letter Read more…

Al-Zaydi: Five factions have agreed to hand over their weapons, and Iraq aims to produce 10 million barrels per day.

Al-Zaydi: Five factions have agreed to hand over their weapons, and Iraq aims to produce 10 million barrels per day.

2026-10-06

Shafaq News – Baghdad
Prime Minister Ali Faleh al-Zaidi praised on Monday the tribes’ supportive stance towards the state and their contribution to maintaining order during difficult times, noting that no one who tries to weaken the state or threatens its existence will be allowed to do so.

Al-Zaydi said during his meeting with tribal sheikhs and dignitaries, according to a statement received by Shafaq News Agency, that the government avoided imposing international Read more…

Iraq is leasing additional oil tankers to boost its exports through the Strait of Hormuz.

Iraq is leasing additional oil tankers to boost its exports through the Strait of Hormuz.

2026-10-06

Shafaq News – Follow-up
Iraq is preparing to charter additional oil tankers to transport its crude through the Strait of Hormuz, with at least two tankers expected to arrive in the coming days, as part of the country’s efforts to increase control over the transport of its oil exports through the strait.

Bloomberg reported that the Iraqi state-owned oil tanker company expects to charter at least one supertanker, along with Read more…

The State of Law sets a date for the vote on completing the formation of the government.

The State of Law sets a date for the vote on completing the formation of the government.

2026-10-06

Shafaq News – Baghdad
Member of the State of Law Coalition, MP Othman Al-Shaibani, revealed on Monday evening the date for the vote on completing the formation of the ministerial cabinet.

Al-Shaibani said in a post on his Facebook page, which was reviewed by Shafaq News Agency, that “the session on Read more…

Without a budget or cabinet… the framework issues a “protocolary” statement after its meeting

Without a budget or cabinet… the framework issues a “protocolary” statement after its meeting

2026-10-06

Shafaq News – Baghdad
The Coordination Framework held its periodic meeting on Monday evening, but it did not address the approval of the annual financial budget or the completion of the formation of the ministerial cabinet, despite the fact that more than six months have passed since the current government was tasked with the leadership of Ali al-Zidi. Read more…

Iraq contributed to the recovery of Gulf oil exports during September.

Iraq contributed to the recovery of Gulf oil exports during September.

2026-10-06

Shafaq News – Baghdad
Data from Vortexa and Kpler showed that crude oil and condensate exports from the Gulf countries recovered during September, supported by increased shipments from Saudi Arabia, the UAE and Iraq.

According to Kpler, total exports of crude oil and condensates from Saudi Arabia, the UAE, Iraq, Oman, Kuwait, Qatar and Iran rose to about 14.7 million Read more…

Economic warning regarding MPs’ statements: They will increase market and dollar instability in Iraq.

Economic warning regarding MPs’ statements: They will increase market and dollar instability in Iraq.

2026-10-06

Shafaq News – Baghdad
Economic expert Abdul Rahman Al-Mashhadani predicted on Tuesday that the exchange rate of the dollar in the parallel market may exceed the 160,000 dinar mark per 100 dollars, given the continued high demand for foreign currency and conflicting statements regarding monetary policy and the exchange rate.

Al-Mashhadani explained in an interview with Shafaq News Agency that it is not surprising that the dollar exceeded the 160,000 mark, at a time when a member of the Finance Committee is stating that the exchange rate is fixed at 150,000 dinars, while another member is talking about changing the currency, and another about removing zeros, Read more…

Iraq ranks 28th globally in foreign currency reserves at $85 billion.

Iraq ranks 28th globally in foreign currency reserves at $85 billion.

2026-10-06

Shafaq News – Baghdad
Iraq ranked 28th globally among the countries with the largest foreign exchange reserves out of 30 countries listed in the table, with a total of about $85 billion, according to a ranking published by the Canadian website “Visual Capital East” based on the latest data from the International Monetary Fund. Read more…

Parliamentary Finance Committee: The 2027 budget is 217 trillion dinars, with a deficit of 50 trillion.

Parliamentary Finance Committee: The 2027 budget is 217 trillion dinars, with a deficit of 50 trillion.

2026-10-06

Shafaq News – Baghdad
On Tuesday, Abbas Ahyal, a member of the parliamentary finance committee, revealed that the total value of the draft general budget for Iraq for 2027 amounts to 217 trillion dinars, while the deficit in it reaches 50 trillion dinars.

Ahyal told Shafaq News Agency that the parliamentary finance committee hosted Finance Minister Faleh al-Sari today to discuss the draft general budget law for 2027, the most important articles and paragraphs of the law, and the date of its submission Read more…

Iraqi oil replaces Iranian oil in Chinese refineries

Iraqi oil replaces Iranian oil in Chinese refineries

2026-10-06

Shafaq News – Special Translation
Reuters revealed on Tuesday that independent Chinese refineries have increased their purchases of Iraqi and Qatari crude oil for October and November shipments to compensate for declining Iranian supplies, coinciding with the recovery of exports from other Gulf producers through the Strait of Hormuz.

The agency quoted traders in a report translated by Shafaq News Agency as saying that Chinese refineries bought Read more…

Following the false claim that Iran prevented Iraq from exporting oil, MP Alaa al-Haidari stated: Iraq exports more than 4 million barrels per day through the Strait of Hormuz.

Following the false claim that Iran prevented Iraq from exporting oil, MP Alaa al-Haidari stated: Iraq exports more than 4 million barrels per day through the Strait of Hormuz.

10-6-2026

Member of Parliament Alaa al-Haidari confirmed that Iraq exports more than 4 million barrels per day through the Strait of Hormuz.

Al-Haidari explained in a televised interview that Iraq exports 4,150,000 barrels per day through the Strait of Hormuz, according to yesterday’s figures. This is more than the OPEC agreement, but exports were increased according Read more…

Parliamentary Finance Committee: Employee salaries are secured and the Central Bank’s reserves cover the deficit.

Parliamentary Finance Committee: Employee salaries are secured and the Central Bank’s reserves cover the deficit.

10-6-2026

The Parliamentary Finance Committee confirmed on Tuesday that employee salaries are secured and that the Central Bank has a reserve sufficient to cover the deficit. The committee indicated that the economic situation is improving and that oil export and sales figures are good. Committee member Ikhlas al-Dulaimi told the official news agency that Prime Minister Ali al-Zubaidi’s intensive meetings in New York could pave the way for a breakthrough in some financial matters. Read more…