Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 10-27-2026

Iraqi Dinar Guru opinions 10-27-2026

10-27-2026 Newshound Guru Jeff Article: “Currency reform before removing zeros: An economist tells Iraq Observer that the roadmap is to strengthen the value of the Iraqi dinar” This is a really good article…The next currency reform step is the…? Rate change… The rate has to change first, which is implementing currency reforms…which is code name for rate change, before removing zeros… Quote “Strengthening the value of the dinar and achieving broader financial stability (having your currency tradable, having it recognized internationally) must precede any decision to redenominate.” Read that carefully…Damn good article. Read more…

Iraqi Dinar Guru opinions 10-26-2026

Iraqi Dinar Guru opinions 10-26-2026

10-26-2026 Newshound Guru Jeff They’re going to create a lot of jobs and have a prosperous thriving economy, simply by increasing the exchange rate and going international…We’re in a really good spot. The fact that they extended their legislative term by 30 days through December 1st is very good. It keeps all the doors open…so they can get the budget done, so they can get the rate changed. This is exactly what we needed to see. Read more…

One billion dollars in cash is on its way to Iraq… Government moves to strengthen the dinar and reduce demand for hard currency.

One billion dollars in cash is on its way to Iraq… Government moves to strengthen the dinar and reduce demand for hard currency.

10-26-2026

Mahmoud Dagher, advisor to the governor of the Central Bank and spokesman for the bank, confirmed on Saturday that the Prime Minister’s actions contributed to convincing the US Federal Reserve to ensure the smooth flow of cash dollars into Iraq.

Dagher said in press statements that increasing cash dollar shipments would enhance the stability of the local market and reduce informal demand Read more…

Iraqi Dinar Guru opinions 10-25-2026

Iraqi Dinar Guru opinions 10-25-2026

10-25-2026 Newshound/Intel Guru Mnt Goat Aticle: “AFTER HALF A CENTURY OF ABSENCE, PRESIDENT AL-ZAIDI BRINGS IRAQI SHIPPING BACK TO THE SEAS AND OPENS A NEW GATEWAY FOR GLOBAL TRADE” Quote: “The Iraqi government, headed by Ali al-Zaidi, is preparing to reinstate the national shipping line to regional trade routes after an absence of more than half a century…” Yes, another move to bring Iraq back to the “glory days.” …they will need this to join the World Trade Organization (WTO). It’s coming…All VERY Good news! Read more…

Iraqi Dinar Guru opinions 10-24-2026

Iraqi Dinar Guru opinions 10-24-2026

10-24-2026 Newshound/Intel Guru Mnt Goat I am still hearing from Iraq that the CBI fully intends to remove the zeros from their dinar as early as the FIIRST quarter of 2027. We all know what this ultimately means to us. But we must be patient and realize lots can still happen to slow it down or delay it too. We must pray that nothing goes wrong… Read more…

Iraqi Dinar Guru opinions 10-23-2026

Iraqi Dinar Guru opinions 10-23-2026

10-23-2026 Newshound/Intel Guru Mnt Goat The new 1520 is to help control or get rid of the parallel market, something that the IMF has consulted with Iraq just recently on again. But why did the IMF come out now at this time and recommend this action of a devaluation of the dinar? This devaluation is not loss hope for us and the reinstatement. Actually, it is a bright side if your glass is half full…There are…basic reasons…1) An attempt to create revenue out of thin air by devaluing the dinar since Iraq had lost nearly $60 billion from when the closing of the Strait of Hormuz…2) Trying to prepare for the removing of the zeros just as they said would most likely begin in the first quarter of 2027…3) The CBI wants to collect these stashes of cash outside the banking system while executing the project to delete the zeros… Read more…

Iraqi Dinar Guru opinions 10-22-2026

Iraqi Dinar Guru opinions 10-22-2026

10-22-2026 Newshound Guru Jeff The US Treasury asked Iraq to secure their Iranian borders, not because of military tensions, strongly suggesting they’re about to change the rate very soon…The only reason you’d close the borders…is to prevent Iraq’s new valuable dinar from getting stolen from banks and ATMs and taken back across the border. Read more…

The Iraqi dinar is the second worst-performing global currency against the dollar since the beginning of 2026

The Iraqi dinar is the second worst-performing global currency against the dollar since the beginning of 2026

2026-10-22

Shafaq News – Follow-up
The Iraqi dinar ranked second on the list of currencies that have declined the most against the US dollar since the beginning of 2026, with a decrease of 14.2%, according to data reported by Bloomberg, while the Libyan dinar topped the list with a decline of 15.6%.

Shafaq News Agency reviewed these data, which showed that the Turkish lira Read more…

Iraq’s deposits rise to 103 trillion dinars, while monetary credit declines.

Iraq’s deposits rise to 103 trillion dinars, while monetary credit declines.

2026-10-22

Shafaq News – Baghdad
Economic indicators data issued by the Central Bank of Iraq on Thursday showed that total deposits in the banking system rose to 103.065 trillion dinars at the end of August 2026, compared to 101.008 trillion dinars at the end of July, with a monthly increase of 2.057 trillion dinars.

According to data seen by Shafaq News Agency, deposits have declined compared to the end of 2025, when they recorded 111.065 trillion dinars, a decrease of 8 trillion dinars, equivalent to about 7.2%. Read more…

Iraqi Dinar Guru opinions 10-21-2026

Iraqi Dinar Guru opinions 10-21-2026

10-21-2026 Newshound Guru Jeff There’s some major things happening …There’s major urgency in Iraq. Banks are going to be open this Friday. That’s their holy day…They’re normally not open on Friday’s and they’re working overtime. Article: “Central Bank directs the Iraq Trade Bank and private banks to increase working hours and operate on holidays from October 21 to November 30 to execute external transfers. Read more…

The dollar is approaching 170,000 dinars in Iraqi markets.

The dollar is approaching 170,000 dinars in Iraqi markets.

2026-10-21

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

A correspondent for Shafaq News Agency said that the price of the dollar rose in the Al-Kifah and Al-Harithiya exchanges in Baghdad to reach 168,900 dinars for 100 dollars, compared to yesterday, Tuesday, when it reached Read more…

A gap of 30 trillion dinars… The Ministry of Finance reveals Iraq’s revenues and expenditures up to August

A gap of 30 trillion dinars… The Ministry of Finance reveals Iraq’s revenues and expenditures up to August

2026-10-21

Shafaq News – Baghdad
Data from the Ministry of Finance regarding the implementation of the federal budget up to the end of August 2026 showed that Iraq’s total revenues amounted to about 45.355 trillion dinars, while oil revenues constituted about 77% of the state’s total resources.

According to data seen by Shafaq News Agency, oil revenues amounted to about 34.726 trillion dinars, compared to non-oil revenues of about 10.629 trillion dinars, equivalent to about 23% of total revenues. Read more…

Iraqi Dinar Guru opinions 10-20-2026

Iraqi Dinar Guru opinions 10-20-2026

10-20-2026 Intel Guru Reset Intelligence Iraq’s oil is flowing again… Baghdad is selling its oil again at close to the pace it sold before the war…The oil minister says exports are above 3.4 million barrels a day this month, up from about 3 million in September. On October 8 Baghdad said the closed Strait of Hormuz had choked its oil exports. That was its reason for moving the IQD to 1,500…The cut was made to protect Iraq’s dollar reserves from the oil shock. This month, the oil is flowing again. Read more…

Following Al-Rafidain Bank, Al-Rasheed Bank announces new loans and advances for employees and retirees.

Following Al-Rafidain Bank, Al-Rasheed Bank announces new loans and advances for employees and retirees.

2026-10-20

Shafaq News – Baghdad
On Tuesday, the state-owned Al-Rasheed Bank announced a package of banking services that includes loans and advances for employees and retirees, as well as other financing services, according to an official letter issued by the bank on October 19, 2026.

According to a document issued by the bank Read more…

Parliamentarian: Prices have risen by 30%… and the government has failed to control the exchange rate.

Parliamentarian: Prices have risen by 30%… and the government has failed to control the exchange rate.

2026-10-20

Shafaq News – Baghdad
On Tuesday, MP Duha al-Sadkhan, from the “National Approach” bloc, said that the government has failed to control the exchange rate of the US dollar against the Iraqi dinar in the parallel market, which has affected the prices of various goods, especially food, fruits, vegetables, medicines, and basic necessities for citizens.

Al-Sadkhan told Shafaq News Agency that food prices have increased by about 30%, which has affected citizens, especially those with daily income. Read more…

Iraqi Dinar Guru opinions 10-19-2026

Iraqi Dinar Guru opinions 10-19-2026

10-19-2026 Intel Guru Reset Intelligence There is a lot to be excited about this month. October has already given us more to work with than any month this year, and it is not over yet…I am more optimistic than I have been in a long time. Read more…

Iraqi Dinar Guru opinions 10-18-2026

Iraqi Dinar Guru opinions 10-18-2026

10-18-2026 Intel Guru Reset Intelligence For more than 20 years, IQD holders…have said Iraq is the linchpin for the global currency reset. [Last] week they showed you why. Washington is in more than $40 trillion of debt. Its 10-year bond yield hit 5.34%, the highest since 2002. Britain hit 5.5%, the highest since 2007. France hit 5%, the highest since 2002. Japan hit 3.1%, the highest since 1996. They are all standing at the same debt wall…Iraq…pulled the trigger first…because they are ready…Customs, the bank audits, the new note designs and the coalition’s exit each took months…I would not expect a long wait. Read more…

Al-Fatlawi speaks about steps to raise the value of the Iraqi dinar.

Al-Fatlawi speaks about steps to raise the value of the Iraqi dinar.

10-18-2026

Information/Special…
MP Shaima al-Fatlawi stressed on Sunday the necessity of adopting an economic and monetary policy aimed at protecting the Iraqi dinar and restoring its purchasing power, noting that the decline in the value of the local currency over the past years has negatively impacted the living conditions of citizens.
Speaking to Al-Maalouma, al-Fatlawi said, “The government should have worked to preserve and strengthen the value of the Iraqi dinar, as other countries have done to maintain the stability of their currencies, instead of resorting to measures Read more…

Exchange rate rises to over 168,000 dinars in Baghdad and Erbil

Exchange rate rises to over 168,000 dinars in Baghdad and Erbil

2026-10-18 00:41

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

According to a correspondent for Shafaq News Agency, the price of the dollar rose in the Al-Kifah and Al-Harithiya exchanges in Baghdad to Read more…

Central Bank raises allocations for purchasing housing units to 3 trillion dinars

Central Bank raises allocations for purchasing housing units to 3 trillion dinars

2026-10-18

Shafaq News – Baghdad
On Sunday, the Central Bank of Iraq decided to increase financial allocations to support the housing sector to 3 trillion dinars, with the aim of meeting the demands of citizens wishing to purchase housing units within residential complexes.

According to a document issued by the Central Bank Read more…