Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 7-9-2026

Iraqi Dinar Guru opinions 7-9-2026

7-9-2026 Newshound Guru Stephen Article: “Iraqi dinar will rise once Erbil and Baghdad finalize the ASYCUDA agreement” This is a very large piece of the puzzle we are waiting for and looking for that is going to accelerate what we’re all waiting for, which is the revaluation of the Iraqi dinar…Before ASYCUDA imagine someone brings 1,000 TVs into Iraq. They tell customs the TVs are worth only $20,000. But the TVs are actually worth $500,000… everything is done by… writing things down with pen and notepad…They pay very little tax and the government loses money. That’s how corruption wins…As of July 10th this new AYCUDA system gets implemented…That means…the system know what the product is, where it came from, who bought it, what it is actually worth, how much tax should be paid on it…I’d say trillions of dollars have been stolen just through their failed border system in Iraq. This is a huge deal. Read more…

“In a hole”… 14 billion new dinars seized in the Al-Jumaili case

“In a hole”… 14 billion new dinars seized in the Al-Jumaili case

2026-07-09

Shafaq News – Baghdad
On Thursday, the investigating judge of the Central Anti-Corruption Criminal Court announced the seizure of 14 billion Iraqi dinars in the case of the detained Undersecretary of the Ministry of Oil for Liquidation Affairs, Adnan al-Jumaili, and the parties involved with him.

The judge added, in a statement received by Shafaq News Agency, that as a result of the careful follow-up to seize the financial proceeds resulting from Read more…

State-owned banks begin selling dollars to travelers at the new ceiling.

State-owned banks begin selling dollars to travelers at the new ceiling.

2026-07-09

Shafaq News – Baghdad
On Thursday, Iraqi state-owned banks began implementing the Central Bank’s instructions regarding the sale of dollars to travelers, after reducing the sales ceiling to $2,000 instead of $3,000.

An informed source told Shafaq News Agency that the mechanism for selling dollars to travelers begins with the citizen depositing the required amount in Iraqi dinars at the branches of approved banks, and then receiving Read more…

Iraqi Dinar Guru opinions 7-8-2026

Iraqi Dinar Guru opinions 7-8-2026

7-8-2026 Intel Guru Reset Intelligence For 20 years, Iran held a quiet claim on Iraq – not troops, but access: a friendly face in a ministry, a courier across the border, a bank that moved the money and asked nothing. On July 7, three hands cut that claim…Prime minister al-Zaidi sent a classified order barring every Iraqi official, party leader and militia commander from any contact with Iran without government approval, and banning unapproved travel across the border. The same day, US Central Command struck more than 80 Iranian targets…And Scott Bessent’s Treasury revoked the oil license that let Iran sell crude for clean dollars…Iran’s own currency sits near 1,375,000 rials to the dollar… Read more…

Iraqi Dinar Guru opinions 7-7-2026

Iraqi Dinar Guru opinions 7-7-2026

7-7-2026 Intel Guru Reset Intelligence On July 10, 3 days out, the ASYCUDA customs system goes mandatory at every border and the paper trail dies. Egypt closed its own currency gap the same way in 2016. In roughly 8 days, Prime Minister al-Zaidi flies to Washington with a delegation of Iraqi business owners, carrying an IMF-shaped 2027 budget and a fresh American energy deal. Read more…

Shafaq News deciphers the “code” of the biggest threat to the Iraqi dinar

Shafaq News deciphers the “code” of the biggest threat to the Iraqi dinar

2026-07-07

Shafaq News – Baghdad
The Iraqi citizen may not directly feel the rise or fall of the Central Bank’s foreign currency reserves, but he feels its effects in the dollar exchange rate, commodity prices, the purchasing power of the dinar, and even in the state’s ability to cope with economic crises.

Foreign reserves are considered the “first line of defense” for the Iraqi economy, as they give the central bank the ability to protect the dinar’s exchange rate, finance import operations, and Read more…

Iraqi Dinar Guru opinions 7-6-2026

Iraqi Dinar Guru opinions 7-6-2026

7-6-2026 Newshound Guru Jeff I wouldn’t worry about referencing Forex [with the bank when the rate change happens]. Just call your bank and ask them when they’ll be ready. They’ll be ready roughly 3 days after the rate changes, approximately around a Wednesday. Because the rate will change on what is their Sunday morning. That’s just how that works. Read more…

Supreme Judicial Council: The amount of money seized in the Al-Jumaili case has risen to (127) billion dinars and (24) million dollars

Supreme Judicial Council: The amount of money seized in the Al-Jumaili case has risen to (127) billion dinars and (24) million dollars

7-6-2026

The Supreme Judicial Council announced on Monday the seizure of 25 billion Iraqi dinars in the case of the Deputy Minister of Oil for Liquidation Affairs. The Council stated in a statement published by the official agency that “the investigating judge of the Central Anti-Corruption Criminal Court explained the seizure of (25) billion Iraqi dinars, in addition to the seizure of an amount of (one million dollars), along with the seizure of gold jewelry estimated at about (5) kilograms Read more…

Iraqi Dinar Guru opinions 7-5-2026

Iraqi Dinar Guru opinions 7-5-2026

7-5-2026 Newshound Guru Clare Article: “Dinar Surges Against Dollar as Kurdistan Traders Predict Further Parallel Market Drops” Quote: “The Iraqi dinar gained ground against the US dollar, with the parallel market rate strengthening to 154,250 dinars per $100 after coming down from a high of 157,000 dinars last week…Local currency traders attribute the market shift directly to stabilization assurances issued by the Central Bank…citizens are reversing previous trends by selling U.S. dollars for Iraqi dinars.” Read more…

Iraqi Dinar Guru opinions 7-4-2026

Iraqi Dinar Guru opinions 7-4-2026

7-4-2026 Newshound Guru Jeff Question: “Do we need receipts from the dinar purchased ?” For your taxes, you might. That would be the only reason you need them. You don’t need it to exchange. Read more…

Iraqi Dinar Guru opinions 7-3-2026

Iraqi Dinar Guru opinions 7-3-2026

7-3-2026 Guest Guru Ariel The recent technical agreement between Baghdad and the KRG on ASYCUDA (Automated System for Customs Data) is a big quiet win for the sovereignty play…As of mid-2026, it’s unifying customs across federal and Kurdish borders, automating declarations, cutting smuggling windows, and forcing electronic payments…The full rollout across border crossings is accelerating. Pre-arrival declarations started late 2025, and the system is now biting into real-time tracking for oil, goods, and currency flows… This directly supports the cashless push by early July… Read more…

Iraqi Dinar Guru opinions 7-2-2026

Iraqi Dinar Guru opinions 7-2-2026

7-2-2026 Newshound Guru Samson Article: “ADVISOR MUNIR HADDAD : THE FUNDS LOOTED SINCE 2003 EXCEED TWO TRILLION DOLLARS, AND THE TRIALS OF THE CORRUPT WILL BE PUBLIC” Read more…

Iraq at an economic crossroads: Fears of a rising dollar and debate over remaining in OPEC

Iraq at an economic crossroads: Fears of a rising dollar and debate over remaining in OPEC

7-2-2026

Information / Baghdad…
Anxiety continues to grip a large segment of the Iraqi population, particularly those with limited incomes and low salaries, amidst economic instability and conflicting reports regarding the exchange rate of the dollar against the dinar. The Iraqi public is most concerned about market prices and their susceptibility to government decisions regarding the dinar-dollar exchange rate, as well as the future of Iraq’s membership in OPEC, its oil export volumes, and the implications of these factors Read more…

Central Bank of Iraq: Domestic currency issued rose to 112.9 trillion dinars by the end of April

Central Bank of Iraq: Domestic currency issued rose to 112.9 trillion dinars by the end of April

2026-07-02

Shafaq News – Baghdad
Data from the Central Bank of Iraq, released on Thursday, showed that the volume of currency issued in the country rose to 112.896 trillion dinars from the beginning of 2025 until April 2026.

According to data seen by Shafaq News Agency, the total currency issued during the past year amounted to 99.799 trillion dinars, and 13.097 trillion dinars were added to it during the first four months of this year.

The net currency traded outside banks rose to Read more…

Iraqi Dinar Guru opinions 7-1-2026

Iraqi Dinar Guru opinions 7-1-2026

7-1-2026 Newshound Guru Jeff The rate change is not waiting for the Clarity Act. The Clarity Act is waiting for the rate to change. That’s why the hell it’s taking so long. Read more…

Iraqi Dinar Guru opinions 6-30-2026

Iraqi Dinar Guru opinions 6-30-2026

6-30-2026 Newshound Guru Stephen When you look at all the corruption and all of these government officials that were arrested in the last 24 hours it makes sense as to why nothing ever happened over the last 23 years. Because they were just taking money. Why would they want this scheme to end? They’re taking money off the top. I read a report this morning. So far they have confiscated 900 billion dinar. Almost 1 trillion dinar…That is a lot of money. I’m looking at all the articles coming out and all the photos of…all the cash. I’m like why would all these government officials be hoarding billions of dinar?… Maybe they knew something was coming down the line where they were getting ready for it too. Read more…

Iraqi Dinar Guru opinions 6-29-2026

Iraqi Dinar Guru opinions 6-29-2026

6-29-2026 Newshound Guru Clare Article: “Part One ends with the arrest of 43 defendants… Details of the largest anti-corruption campaign in Iraq” Quote: “An informed source revealed on Sunday details of the largest anti-corruption operation in the country, which has so far resulted in the arrest of 43 officials and politicians, and is to be completed in a second phase and will target ‘first-class’ figures.” Read more…

Deposits and credit declined in Iraqi banks during 2026

Deposits and credit declined in Iraqi banks during 2026

2026-06-29

Shafaq News – Baghdad
Data from the Central Bank of Iraq showed a decline in total deposits and credit in the banking sector during the first four months of 2026.

According to bank data seen by Shafaq News Agency, total deposits in the banking sector decreased during the first four months to 104.727 trillion dinars by the end of April 2026, compared to 111.065 trillion dinars at the end of 2025, a decrease of 6.338 trillion dinars.

According to the data, central government deposits decreased to Read more…

Iraqi Dinar Guru opinions 6-28-2026

Iraqi Dinar Guru opinions 6-28-2026

6-28-2026 Newshound Guru Jeff A nation is not fully sovereign while under restrictions and US sanctions. One of the major files by PM Z when he goes to Washington is sovereignty – No foreign forces in Iraq and no weapons for the factions. You don’t have sovereignty as a nation if you’re still under restrictions and sanctions of a foreign country such as the US. He’s going there to discuss Iraq sovereignty mid July 15th…That’s one of the reason I keep telling you the rate has to change before Iraq will go to the United States Mid July and meet with the Trump administration. The rate has to change before Iraq can be fully 100% sovereign nation without restrictions and sanctions from the United States. Read more…

Iraqi Dinar Guru opinions 6-27-2026

Iraqi Dinar Guru opinions 6-27-2026

6-27-2026 Newshound Guru Jeff What they’re doing, the lynch pin in this, they’re waiting till we get closer to the rate change date to complete their cabinet formation… Read more…