Iraqi Dinar Guru opinions 6-13-2025
6-13-2025 Newshound/Intel Guru Mnt Goat They are telling us they must get these hoards of cash inside the banks… nearly 90% of the cash dinars are still outside the banking system…So, this step is FIRST to concentrate on the in-country dinars. Next they are going to come after the out-of-country dinars…I asked my CBI contact- does this also include our dinars, held outside Iraq with investors? … I was told YES…if they don’t’ retrieve these dinars in-country first, before the revaluation…there will be too much in the money supply and hyper-inflation will occur… she told me…They would first retrieve these hoards then, by revaluing the dinar in-country, then bring out the lower denominations. Read more…
Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar.
2025/06/13
The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and Read more…
Trump gives Iran a “second chance” and threatens more brutal attacks and deadlier weapons
2025-06-13 05:08
Shafaq News/ US President Donald Trump announced on Friday that Iran has a “second chance” to reach understandings on the nuclear issue, threatening Tehran with “more brutal” attacks and the “most lethal” weapons in the world. This coincided with missile attacks carried out by Israel targeting military sites and Read more…
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The international coalition shot down a drone flying near Ain al-Asad base in western Iraq.
2025-06-13 05:53
Shafaq News/ A security source in Anbar reported on Friday that a drone flying near Ain al-Assad base, where international coalition forces are located, was shot down.
The source told Shafaq News Agency, “The international coalition’s air defenses shot down a drone near Ain al-Assad Air Base Read more…
The Iraq Investment Forum has been postponed until further notice.
2025-06-13
The Iraqi Economic Council announced on Friday the postponement of the Iraq Investment Forum, which was scheduled for June 14 and 15, until further notice. The council stated in a statement that “final preparations for the forum have been fully completed, and official invitations have been sent to guests from more than 35 Read more…
The Ministry of Transport closes Iraqi airspace and suspends air traffic at all Iraqi airports.
2025-06-13
The Ministry of Transport announced a complete suspension of air traffic at all Iraqi airports and the temporary closure of Iraqi airspace, to ensure the safety of passengers amidst regional security tensions. A statement from the ministry’s media office stated, “Due to regional tensions, Iraqi air navigation and airspace have been suspended until further notice, Read more…
Iraqi Dinar Guru opinions 6-12-2025
6-12-2025 Newshound Guru Sandy Ingram This is breaking news reported by the New York Times…”U.S. to Reduce Diplomatic Presence in Iraq amid rising tensions.” This move comes as tensions in the Middle East are rising and talks between the US and Iran over nuclear weapons appears to be going nowhere …We are deeply concerned about this latest announcement. Iraq is caught in the middle. Its government wants good relationships with both the United States and Iran but that’s becoming harder as the two countries drift further apart…Stay positive, this too will pass. Read more…
“Do not travel to Iraq.” The US Embassy issues a warning to its citizens: You will face significant risks.
6-12-2025
The US Embassy in Baghdad confirmed that the State Department had issued a “Level 4” advisory declaring Iraq “a Level 4” and advising against all travel to the country. The embassy claimed that the reason for this was that US citizens were exposed to “significant risks” Read more…
Al-Sudani’s advisor to Al-Maalouma: Iraq is witnessing economic stability and inflation is under control.
6-12-2025
Information / Baghdad..
The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq has witnessed a remarkable economic shift over the past three years, despite the accumulated economic challenges and problems of previous years.
Saleh told Al-Maalouma News Agency, “The country is currently experiencing economic stability, evident in Read more…
Al-Fatah: The smuggling of regional oil will not stop until the oil and gas law is passed.
6-12-2025
Information/Baghdad…
Ali al-Fatlawi, a leader in the Fatah Alliance, confirmed on Thursday that oil smuggling from the Kurdistan Region will continue unless the oil and gas law is passed. He called on the government and political forces to engage in serious dialogue to reach a final agreement on the law and resolve Read more…
Energy companies continue operations. The US withdraws 700 diplomats and employees from Iraq.
2025-06-12 00:22
Shafaq News/ An Iraqi security source revealed on Thursday that more than 700 Americans have been evacuated from Iraq in light of the developments taking place in the region. Meanwhile, an Iraqi official confirmed that foreign companies operating in the country Read more…
An Iraqi government bank electronically combats suspicious financial transactions.
2025-06-12 01:49
Shafaq News/ Rafidain Bank’s General Manager, Ali Karim, stated on Thursday that the bank has begun combating suspicious financial transactions, such as money laundering, through electronic technologies.
In a speech delivered at the “Governance Forum” held in Baghdad and attended by Read more…
The World Bank expects growth in the Iraqi economy in 2025 and 2026.
2025-06-12 02:14
Shafaq News/ The World Bank expects the Iraqi economy to grow by 1.2% this year.
The bank said in statistics reviewed by Shafaq News Agency that “the Iraqi economy is expected to grow by 1.2% this year, up from negative Read more…
ISIS exploits the chaos in Syria, and Baghdad urges the Americans to delay their withdrawal from Iraq.
2025-06-12 02:41
Shafaq News/ Reuters reported that ISIS is exploiting the Syrian chaos and has begun reactivating its fighters in Iraq and Syria, identifying targets, attempting to launch major attacks, distributing weapons, and intensifying recruitment and propaganda campaigns. Meanwhile, a US official confirmed that Baghdad has informally requested a slower withdrawal of approximately 2,500 US troops from Iraq, Read more…
Iraq is the second-largest Arab oil exporter by sea, and calls are being made to resume exports via the port of Ceyhan.
2025-06-12 03:26
Shafaq News/ Iraq ranked second among the largest Arab countries exporting oil by sea in May 2025, according to data from the Energy Research Unit (based in Washington).
Data showed that the top five Arab countries exporting seaborne crude oil during the month saw increases in three countries Read more…
Spokesman for the Commander-in-Chief: All diplomatic missions operating in Iraq are safe and there is no threat.
2025-06-12
The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Numan, confirmed on Thursday that all Arab and foreign diplomatic missions operating in Iraq enjoy the widest range of safe work, freedom of communication and effectiveness, and are carrying out their activities normally, whether in the capital, Baghdad, or Read more…
Iraqi Dinar Guru opinions 6-11-2025
6-11-2025 Newshound Guru Sandy Ingram Iraq is on the Forex market… but not in the same way as major global currencies like the US dollar, Euro or British pound. The IQD is not freely convertible internationally. You can’t walk into a bank or forex platform in the United States or Europe and easily trade IQD. Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency. Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes. Read more…
Preparations for the 4th meeting to join the World Trade Organization
2025/06/11
The Ministry of Trade intends to hold the fourth meeting of the Iraq Task Force as part of preparations for Iraq’s accession to the World Trade Organization.
Ministry spokesman Mohammed Hanoun told Al-Sabah: “The Ministry of Commerce activated the accession process through several axes, the most important of which was holding the third meeting of the Iraq task force, which was held Read more…
Mazhar Saleh: Stabilizing inflation is one of the most notable successes of Iraq’s economic policy.
2025/06/11
The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that one of the most significant successes of Iraq’s economic policy this year has been the stability of the general price level, or inflation, growth rate. He noted that the annual inflation rate is approaching, for the first time in many years, the natural break in price growth, which amounts to about Read more…
MP: Six months have passed and the budget schedules have not yet reached Parliament.
6-11-2025
Information / Baghdad..
Member of Parliament Yasser Hashem expressed his surprise on Wednesday at the government’s delay in submitting detailed schedules for the 2025 general budget law to Parliament, despite six months having passed since the beginning of the year. He stressed that “there is no justification Read more…