Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 5-24-2026

Iraqi Dinar Guru opinions 5-24-2026

5-24-2026 Newshound Guru Jeff Article: “At the start of the week…a new update on dollar exchange rates in Iraq” They don’t tell you what the update is. They don’t tell you what’s changing or happening and what the new update’s going to be. At the start of next week, there’s some kind of brand new update on dollar exchange rate. Read more…

Double salaries are straining the budget; an economist warns against printing money and calls for urgent austerity measures.

Double salaries are straining the budget; an economist warns against printing money and calls for urgent austerity measures.

5-24-2026

Information / Baghdad –
Economic expert Hashim al-Haboubi warned the government on Sunday of the dangers of continuing to print local currency, stressing that it will deplete the country’s strategic reserves of gold and hard currency. He called for the implementation of an urgent package of financial reforms, spearheaded by strict government austerity measures.
Al-Haboubi told the Information Agency that “printing local currency will have dire consequences, primarily a decline in the purchasing power of the Iraqi dinar against foreign currencies, especially Read more…

Temporary reassurance is not enough… What awaits the Iraqi economy in the next stage?

Temporary reassurance is not enough… What awaits the Iraqi economy in the next stage?

5-24-2026

Information / Report…
The Iraqi economic scene is witnessing escalating debate regarding the nature of the current financial crisis and how to address it amidst fluctuating oil revenues and challenges related to regional stability, particularly concerning securing employee salaries and the sustainability of public finances.
In this context, economist Hashim al-Haboubi warned against the government resorting to printing local currency as a solution to the financial crisis, arguing that this measure could exacerbate economic pressures and negatively impact the value of the Iraqi dinar. Read more…

Iraqi Dinar Guru opinions 5-23-2026

Iraqi Dinar Guru opinions 5-23-2026

5-23-2026 Intel Guru Reset Intelligence When the CBI announced the move from 1,460 to 1,300 on February 7, 2023, it executed overnight on a single announcement. The mechanical capacity to reprice exists. What has been missing is the architectural readiness to do it without losing control of the parallel market response. That architectural readiness is what 2025 and 2026 built. Read more…

Iraqi Dinar Guru opinions 5-22-2026

Iraqi Dinar Guru opinions 5-22-2026

5-22-2026 Newshound Guru Militia Man The conditions for a managed REER adjustment are the best we’ve seen in a long time. The convergences are powerful and happening simultaneously…The last 48 hours have delivered consistent purposeful momentum and movement…The future looks bright. Read more…

Iraqi Dinar Guru opinions 5-21-2026

Iraqi Dinar Guru opinions 5-21-2026

5-21-2026 Newshound/Intel Guru Mnt Goat No, the Oil and Gas Law is not yet passed but it certainly looks like a slam dunk very soon. Article: “PARLIAMENT IS MOVING TO AVOID A “PARALYSIS” SCENARIO AND AIMS TO FINALIZE THE OIL, GAS, AND TELECOMMUNICATIONS LAWS.” Quote: “House of Representatives has successfully completed the reading and passage of 16 laws so far, focusing on strategic legislation related to oil and communications.” Nice! Read more…

The market value of Iraqi stocks is approaching 27 trillion dinars in the first quarter of 2026.

The market value of Iraqi stocks is approaching 27 trillion dinars in the first quarter of 2026.

2026-05-21

Shafaq News – Baghdad
The Iraqi Securities Commission announced on Thursday that it had recorded a significant increase in the market value of stocks during the first quarter of this year, reaching nearly 27 trillion dinars.

This came in the first quarterly report for 2026 issued by the Authority, which included the most prominent performance indicators and regulatory and developmental activities in the Iraq Stock Exchange. The report confirmed the continuation of work on developing Read more…

Iraqi Dinar Guru opinions 5-20-2026

Iraqi Dinar Guru opinions 5-20-2026

5-20-2026 Newshound and Exit Strategist Gurus Stephen and Thom STEPHEN: We have Kuwait, they did a revaluation and a post-war re-issuance of new currency in 1991. How many days do you think they gave their citizens to exchange? THOM: 90 Days. STEPHEN: That’s what I initially thought it was. Do you know it was 43 days? THOM: I know they closed the window early…They gave 90-day window and because there were some bad actors taking advantage of it, people here in the US, they decided to close that window unannounced early, we’re not accepting it anymore. STEPHEN: Yep. You’re absolutely right. Read more…

Central Bank Governor: No change in the exchange rate and employee salaries are guaranteed

Central Bank Governor: No change in the exchange rate and employee salaries are guaranteed

2026-05-20

The governor of the Central Bank, Ali Al-Alaq, confirmed on Tuesday that there is no intention to make a change to the exchange rate of the dollar against the Iraqi dinar.

Al-Alaq said in a brief statement published by the official newspaper Al-Sabah that “there is no intention Read more…

Iraqi Dinar Guru opinions 5-19-2026

Iraqi Dinar Guru opinions 5-19-2026

5-19-2026 Newshound Guru Stephen They’re being as transparent as I’ve ever seen before. Iraq has never been a truthful country. They have always lied about what they’re doing. You know, one week the USA is saying we’re withholding dollars from them. Iraq says, no, that’s not true. And then the following day it comes out, oh, it’s true…But now the USA is directly involved. The Trump administration is directly involved and controlling what they do. It’s nothing short of exciting. If you’re a dinar investor then I’m hoping You are excited too. Read more…

The Iraqi dinar is recovering slightly against the dollar in Baghdad and Erbil.

The Iraqi dinar is recovering slightly against the dollar in Baghdad and Erbil.

2026-05-19

Shafaq News – Baghdad/Erbil
The exchange rate of the US dollar against the Iraqi dinar fell on Tuesday morning in the markets of Baghdad and Erbil, the capital of the Kurdistan Region.

A correspondent for Shafaq News Agency said that the dollar prices have decreased in the Al-Kifah and Al-Harithiya exchanges in Baghdad to record Read more…

Iraqi Dinar Guru opinions 5-18-2026

Iraqi Dinar Guru opinions 5-18-2026

5-18-2026 Newshound Guru Militia Man Look at all the countries that have completely broadcasted the support for this new prime minister. Why? Because it’s a clean government…Now you see these convergences over the last week have been amazing…This is a powerful window…We’re seeing the pieces of the puzzle come together… Read more…

Iraqi Dinar Guru opinions 5-17-2026

Iraqi Dinar Guru opinions 5-17-2026

5-17-2026 Newshound Guru Clare Article: “Al-Hilali reveals details of the US deadline for Al-Zidi’s government: six months for evaluation and another to decide on support” Quote: “Prime Minister’s advisor Ayed Al-Hilali as saying that Prime Minister Ali Al-Zaidi is required to make very significant changes in order to implement what he described as the United States’ conditions …Washington gave Al-Zaidi an initial six-month grace period to assess the performance of his government…American support would not be free, but rather linked to the existence of a political and executive quid pro quo for this support.” Read more…

In numbers… Iraq continues to bleed its foreign currency reserves amid declining oil revenues

In numbers… Iraq continues to bleed its foreign currency reserves amid declining oil revenues

2026-05-17

Shafaq News – Baghdad
Recent financial data released by the Central Bank of Iraq on Sunday revealed a significant decline in the country’s foreign currency reserves, amid official and academic warnings of continued low oil revenues due to the security turmoil affecting energy supply chains in the region.

According to the Central Bank’s newly released official financial indicators, Read more…

Iraqi Dinar Guru opinions 5-16-2026

Iraqi Dinar Guru opinions 5-16-2026

5-16-2026 Newshound Guru Militia Man Government is one, the banking is two and they work in conjunction but they’re independent. The Central Bank of Iraq is independent. Keep that in mind at all times because that’s a fact. Read more…

Iraqi Dinar Guru opinions 5-15-2026

Iraqi Dinar Guru opinions 5-15-2026

5-15-2026 Newshound Guru Militia Man Parliament has successfully voted confidence in al-Zaidi as the new prime minister…After weeks of negotiation, Iraq finally has a functioning government…A stable government removes a major layer of uncertainty and give the economic ministries and the CBI operating room that they need. This is exciting because…this political piece has held things back…They’re moving forward in a constructive direction. It’s perfect. Read more…

An economist confirms the possibility of resorting to the central bank’s reserves to compensate for the deficit.

An economist confirms the possibility of resorting to the central bank’s reserves to compensate for the deficit.

5-15-2026

Information/Baghdad…
Economic expert Dr. Safwan Qusay confirmed the possibility of resorting to the Central Bank of Iraq’s cash reserves, which exceed $90 billion, while simultaneously warning of the potential for inflation within Iraq.
Qusay told Al-Maalouma, “The Central Bank of Iraq’s reserves amount to $90 billion, in addition to 170 tons of gold. If borrowing from these Read more…

Iraqi Dinar Guru opinions 5-14-2026

Iraqi Dinar Guru opinions 5-14-2026

5-14-2026 Newshound Guru Stephen If you hold the Iraqi dinar you are a very small select spirit led group of people…I don’t know what’s coming…There’s a lot of prophecies or a lot of opinions that we’re going to enter very hard times in the near future. I don’t know if or when that’s going to happen but I do believe this [Iraqi dinar RV] is going to create a lot of provision and abundance for a certain amount of people to get prepared… Read more…

Iraqi Dinar Guru opinions 5-13-2026

Iraqi Dinar Guru opinions 5-13-2026

5-13-2026 Newshound Guru Stephen It looks like the new prime minister’s cabinet is not going to go through this week. I’m going to go out on a limb and speculate the government formation is probably not going to fully happen until the end of this month, if not sometime in June…This is generally how it goes in Iraq. They never meet timelines…The only caveat to that being is since the Trump administration has gotten involved we see they can no longer delay like they used to. Read more…

Exclusive: US warning: Iraq has only five months’ worth of “financial buffers” to avoid “the mother of all crises”.

Exclusive: US warning: Iraq has only five months’ worth of “financial buffers” to avoid “the mother of all crises”.

2026-05-13

Shafaq News – Washington
Mustafa Hashim
On Wednesday, economist Ziad Dawood painted a “bleak” picture of the future of the Iraqi economy in light of the sharp fluctuations in global oil prices, warning that the country could find itself facing “bitter choices” within a few months if the growing financial gap is not addressed.

In remarks made during economic discussions at the Iraq Dialogue Day at the Atlantic Council in Washington, which Read more…