Following the exchange rate adjustment, there are calls to pay Iraqi employees’ salaries in dollars and protect the poor.
2026-10-09
Shafaq News – Najaf / Baghdad
The Imam and Friday preacher of Najaf, Sadr al-Din al-Qubanchi, called on the Iraqi government today, Friday, to reconsider its decision to amend the exchange rate, suggesting that employees’ salaries be paid in US dollars if this decision is implemented and not reversed.
During the Friday sermon, Al-Qubbanji said, “We join our voice to the voice of the people, and we demand that the government review the decision to reduce the value of the dinar, especially since Read more…
The President of the European Commission declares her solidarity with Saudi Arabia: Iran’s proxies must stop.
2026-10-09
Shafaq News – Follow-up
European Commission President Ursula von der Leyen confirmed on Friday that the European Union stands in full solidarity with Saudi Arabia following the attack on an airport in Riyadh.
This came in a post written by von der Leyen on her “X” account, in which she said: “We stand in full solidarity with the people of Saudi Arabia and our partners in the Gulf.”
She stressed that “targeting civilian infrastructure is unacceptable,” noting that “Iran’s proxies must stop Read more…
Categories:
UNCATEGORIZED Tags:
Iraq’s domestic debt and the rising dollar: Can creditors legally waive their debts to save the economy?
10-9-2026
Researcher Shatha Khalil
The Iraqi economy faces increasing financial and monetary challenges, most notably the rising domestic debt, expanding government spending, and heavy reliance on oil revenues, in addition to the pressure on the dinar against the US dollar. These developments raise an important economic and legal question: Can creditors, particularly state-owned banks, waive a portion of the domestic debt or its interest to alleviate the burden on the budget? And does debt cancellation represent a genuine solution to the financial crisis? Read more…
An economist says that changing the dollar exchange rate will negatively impact the economy, and that the Ministry of Finance must find other solutions to address the budget deficit.
10-9-2026
Economic expert Safwan Qusay confirmed: “The sudden change in the exchange rate of the dollar against the Iraqi dinar will negatively affect the Iraqi economy and will create a large gap in the social classes.”
Qusay said in a press statement: “The Ministry of Finance is trying to reduce the effects of the deficit in the 2027 budget by proposing a change in the exchange rate. The Central Bank is also trying to defend its reserves Read more…
Iraqi Dinar Guru opinions 10-8-2026
10-8-2026 Newshound/Intel Guru Walkingstick This [1510 devaluation] is very calculated…They’re drawing in USDs off the streets…The biggest factor is those USDs are not flowing over the borders. That’s a huge deal… The problem is they put this out there without explaining it to the citizens of Iraq. That’s why there’s a lot of confusion. This is not a bad thing by any means… Read more…
Exclusive: The decision to raise the dollar’s value was approved by political leaders before its announcement.
2026-10-08
Shafaq News – Baghdad
A government source confirmed on Thursday evening that the decision to raise the official dollar exchange rate had been discussed and approved during recent meetings between political forces and the Prime Minister.
The source explained to Shafaq News Agency that “the financial crisis file was present in all official government meetings with political forces, whether they were individual meetings with some party and political leaders or expanded meetings with all forces.” Read more…
Al-Khalidi: Raising the dollar exchange rate has disrupted the market and bank transfers.
10-8-2026
Information/Special..
MP Aqeel Al-Khalidi confirmed on Thursday that the decision to raise the price of the dollar caused great confusion in the market, bank accounts and commercial transfers, noting that there are transfers submitted during the months of August and September whose amounts were frozen, despite the goods entering Iraq, which represents a major problem for traders and banks. Read more…
Iran officially announces its refusal to hand over uranium or halt enrichment.
10-8-2026
The head of the Iranian Atomic Energy Agency, Mohammad Eslami, announced on Thursday (October 8, 2026) that the Iranian government refuses to hand over the uranium in its possession or to stop enrichment.
Islami said that Iran “will not give up its right to enrich uranium and will not hand over the enriched uranium in its possession despite Read more…
Categories:
UNCATEGORIZED Tags:
Currency exchange offices close their doors in Anbar and refuse to deal in dollars.
10-8-2026
Information/Anbar.
Currency exchange offices in Anbar province closed their doors on Wednesday following a sudden rise in the dollar exchange rate, which reached 170,000 dinars per 100 dollars.
Amin Al-Dulaimi, one of the owners of exchange offices in Anbar, told Al-Maalouma Agency that “the exchange offices spread throughout the cities of Anbar have stopped buying and selling the dollar currency Read more…
Is it blatant theft or economic reform? The government resorts to citizens to compensate for its revenue shortfall.
10-8-2026
Information/Report…
Various Iraqi provinces are preparing for demonstrations and protests against the government’s recent decision to raise the exchange rate of the dollar against the dinar to 150,000 dinars per 100 dollars. This will mean a rise in all prices across the country, with the average citizen bearing the brunt of such decisions. The government justifies the move as part of a plan to compensate for revenue shortfalls and maximize state resources, but this will come at the expense of the citizen, who will suffer greatly in the coming days. Various political, economic, and even legal circles have rejected this measure and decision, which Read more…
A deputy reveals the main points of the emergency session regarding raising the dollar exchange rate.
10-8-2026
The Information Agency / Baghdad –
Member of Parliament, Ahmed al-Shammari, revealed on Thursday the most prominent issues and pressing questions that members of parliament will raise during the anticipated questioning of the Minister of Finance and the Governor of the Central Bank of Iraq in the emergency session scheduled for this afternoon.
Al-Shammari told the Information Agency that “parliamentary discussions will focus primarily on Read more…
The conflict between “Azm” and “Taqaddum” over the Ministry of Culture portfolio is delaying the completion of the cabinet.
10-8-2026
Information/Baghdad…
MP Badr Mahmoud revealed on Thursday that political disputes are intensifying over the remaining vacant cabinet positions. He explained that the fierce competition between the “Azm” and “Taqaddum” alliances to secure the Ministry of Culture is the most significant obstacle hindering the completion of the cabinet Read more…
The exchange rate hike: A price storm looms, prompting parliamentary action to contain the repercussions.
10-8-2026
The decision to raise the exchange rate of the US dollar against the Iraqi dinar to 1,500 dinars per dollar has sparked a wave of warnings from members of parliament regarding its economic and social repercussions. There are calls for the government and the Central Bank to take urgent measures to mitigate its impact on citizens and markets, particularly those Read more…
Al-Awadi: Raising the dollar exchange rate is a stopgap solution, and we call on the government to diversify sources of income.
10-8-2026
Information/Baghdad…
MP Saad Al-Awadi criticized on Thursday the decision of the Central Bank of Iraq to raise the exchange rate of the dollar, calling on the government to immediately stop these measures and subject the financial file to a thorough and serious study that seeks real solutions to the banking crisis.
Al-Awadi told Al-Maalouma News Agency that “resorting to adjusting and raising the exchange rate represents a patchwork policy that is ineffective Read more…
Basem Al-Gharibawi: The government chose the easiest path by devaluing the dinar.
10-8-2026
Information/Special..
Former MP Bassem Al-Gharibawi confirmed on Thursday that the measure taken by the government regarding raising the dollar exchange rate was not well thought out, indicating that the difficult economic conditions that Iraq is going through and the delay in salaries require taking multiple measures before resorting to burdening the citizen with the cost of treatment.
Al-Gharibawi told Al-Maalomah that “the citizen has become the primary Read more…
Are the gains from raising the dollar worth all these repercussions for the citizen and the market?
10-8-2026
Information/Special:
Economic expert Jalil al-Lami confirmed on Thursday that Iraq faces a highly sensitive economic decision that goes beyond mere figures in budget tables. It directly impacts the purchasing power of millions of citizens and the cost of their basic needs. He pointed to the necessity of evaluating the financial gains achieved from adjusting the dollar exchange rate against the potential Read more…
This evening, a government-parliamentary meeting will be held in the Constitutional Hall to discuss the “exchange rate”.
2026-10-08 06:00
Shafaq News – Baghdad
An informed source reported on Thursday that the House of Representatives will hold a joint government-parliamentary meeting regarding changing the dollar exchange rate.
The source told Shafaq News Agency that “a meeting will be held in the Constitutional Hall inside the Iraqi Parliament at 8 pm.” Read more…
The new exchange rate is a “double shock”… An economic proposal to freeze customs tariffs for a year
2026-10-08
Shafaq News – Baghdad
On Thursday, Manar Al-Obaidi, head of the “Iraq Future” Foundation for Economic Studies and Consultations, called on the Council of Ministers and the Parliament to take a temporary economic measure for one year to mitigate the effects of adjusting the dinar exchange rate on commodity prices and to protect commercial and industrial activity from recession. Read more…
A member of parliament presents 16 proposals to solve Iraq’s economic crisis and warns against quick fixes.
2026-10-08
Shafaq News – Baghdad
MP Haider Al-Mutairi, from the “Ishraqat Kanoun” bloc, announced on Thursday that he had submitted 16 proposals to address the economic crisis that Iraq is going through, while warning against resorting to quick solutions that harm the citizen.
Al-Mutairi said in a statement received by Shafaq News Agency: “ We are proud that we did not participate in or vote for the previous government that plunged the country into a debt of 210 trillion Read more…
Iraq enters the race to regain its oil share in the Gulf markets
2026-10-08 01:07
Shafaq News – Follow-up
Middle Eastern oil producers have entered a race to regain market share lost during the Iran war, as crude exports through the Strait of Hormuz gradually improve, according to a Reuters analysis.
Reuters noted that Iraq and Saudi Arabia were among the producers offering significant discounts to buyers willing to load oil shipments within the Gulf Read more…
