Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 10-17-2026

Iraqi Dinar Guru opinions 10-17-2026

10-17-2026 Newshound Guru Jeff Now that the cabinet is done the remaining steps are going to start moving a lot quicker…Getting the budget amended against the new rate, 150+ plus approved reforms, government program, …going international with the 2027 budget period, all of that is going to start moving a lot quicker…faster. It took forever to get to this point…that goes to show you how close the rate change is…The rest of the dominoes are going to start to fall. They have to. Read more…

Al-Hashemi: The government will resort to borrowing despite the change in the exchange rate… a contradiction in Al-Zidi’s statements

Al-Hashemi: The government will resort to borrowing despite the change in the exchange rate… a contradiction in Al-Zidi’s statements

10-17-2026

Information / Baghdad –
Economic expert Ziad al-Hashemi criticized the Iraqi government’s move to borrow from the International Monetary Fund (IMF) on Saturday, arguing that this step raises questions about the justifications for devaluing the Iraqi dinar, which was presented as a measure to avoid resorting to more painful financial options, including external borrowing.
In a post on his Facebook page, al-Hashemi stated that the negotiations with the IMF for financial support reveal, in his opinion, a contradiction Read more…

The head of the “Ishraqat Kanoun” bloc told Al-Maalouma: Creating new positions hinders parliamentary oversight… and raising the dollar exchange rate is killing the dinar.

The head of the “Ishraqat Kanoun” bloc told Al-Maalouma: Creating new positions hinders parliamentary oversight… and raising the dollar exchange rate is killing the dinar.

10-17-2026

Information / Press Interview…
In light of the rapid political and economic developments in Iraq, there is an urgent need to review the state’s administrative structure and the files of financial and oversight reform. To shed light on these issues, the Information Agency interviewed Dr. Haider al-Mutairi, head of the Ishraqat Kanun parliamentary bloc, who strongly criticized the government’s expansion efforts, describing them as “disguised sectarian quotas.” Al-Mutairi also outlined his bloc’s vision for combating corruption, the reasons for the decline of the local currency, and their firm stance on Read more…

Iraqi Dinar Guru opinions 10-16-2026

Iraqi Dinar Guru opinions 10-16-2026

10-16-2026 Newshound Guru Jeff This beast is done! Welcome to Iraq having a formed movement meaning Iraq will be eligible to change the rate for all of us starting this weekend on Saturday the 17th if they choose…The government is done. They’re got their constitutional oath when they’re voted in…They voted them all in at one time. It’s one and done… Read more…

Iraqi Dinar Guru opinions 10-15-2026

Iraqi Dinar Guru opinions 10-15-2026

10-15-2026 Newshound Guru Jeff [People] are telling you to ask banks to make sure they have a De La Rue machine. I recommend you don’t do that…These De La Rue machines…are money counting machines. Money counting machines are no different than cars to drive. You can go drive a Ford, Chevy, Honda, take your pick, doesn’t flipping matter. They’re all cars. These currency machines are the same damn thing. They’re a foreign currency accounting machine that do three things – sort, count, authenticate. Here’s the problem. If you go in asking if they have a De La Rue machine, but they say they have a different brand…you just got a door closed on you. You don’t care what brand of money counting machine they have. What you care about is that they have it…Go to the bank saying, ‘Do you have the foreign currency counting machine that can count, sort and authenticate? Yes? So you can count the money and verify it within my presence, correct?’ That is how you should handle it. Read more…

Counterfeit money threatens the pockets of Iraqis… and the Central Bank explains its procedures.

Counterfeit money threatens the pockets of Iraqis… and the Central Bank explains its procedures.

2026-10-15

Shafaq News – Baghdad
News of counterfeit Iraqi banknotes being seized at border crossings, and warnings about the circulation of quantities of them in local markets, have raised concerns about citizens and traders being exposed to financial losses, amid economic warnings about the repercussions of the spread of counterfeit currency on the movement of commercial transactions and confidence in the currency in circulation. Read more…

Iraqi Dinar Guru opinions 10-14-2026

Iraqi Dinar Guru opinions 10-14-2026

10-14-2026 Intel Guru Reset Intelligence In 2019 the US Treasury sanctioned Laith al-Khazali. On Thursday Iraq’s parliament votes on making him a deputy prime minister. His brother leads Asaib Ahl al-Haq, one of the most powerful armed factions in Iraq. There are 2 ways to end a militia. Fight it, or bring it inside the state and pay it yourself. Baghdad has chosen the second. Pensions for the fighters in September. Offices for the factions this week. Why would Washington allow it? Well, they still control the dollars Iraq earns from its oil. The IQD cannot be worth what we all know Iraq is really valued at while armed groups draw on it from outside the state. Thursday, parliament votes on bringing them inside. Read more…

Iraq’s budget faces restructuring after the exchange rate change; two weeks to finalize the calculations.

Iraq’s budget faces restructuring after the exchange rate change; two weeks to finalize the calculations.

10-14-2026

Information/Report…
The Central Bank’s change in the dollar exchange rate, and the approval of political parties and parliamentary bloc leaders for this decision, necessitates that the government amend the budget in light of the new dollar-dinar value. Political figures have confirmed that both the government and parliament need more time to finalize the budget according to current changes and developments, ensuring that Read more…

The dollar is driving up vegetable and fruit prices in Sulaymaniyah… and the union explains the reasons.

The dollar is driving up vegetable and fruit prices in Sulaymaniyah… and the union explains the reasons.

2026-10-14

Shafaq News – Sulaymaniyah
The head of the Alwa Sulaimaniyah Syndicate, Sarwar Ali, revealed on Wednesday a significant increase in the prices of imported vegetables and fruits during the past two days, as a result of the rise in the exchange rate of the dollar against the Iraqi dinar, and the accompanying increase in import and transportation costs. Read more…

Iraqi Dinar Guru opinions 10-13-2026

Iraqi Dinar Guru opinions 10-13-2026

10-13-2026 Newshound Guru Stephen There is a plan in place to issue new denominations with the zeros cut off. Most people are watching a devaluation and thinking the RV isn’t happening. This past August…Iraq ordered 7.5 new banknotes. Iraq is regaining control of its currency…It looks like all the dominoes are falling exactly how they were designed to fall… Read more…

Tools to control the exchange rate of the US dollar against the Iraqi dinar and reduce inflation

Tools to control the exchange rate of the US dollar against the Iraqi dinar and reduce inflation

2026-10-13

Shafaq News – Baghdad
The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, confirmed on Tuesday that controlling the exchange rate and maintaining its stability came through integrated coordination between monetary, financial and trade policies, while he pointed out that addressing inflation requires integrated measures to protect the purchasing power of the citizen. Read more…

Central Bank: Our responsibility is to maintain the value of the dinar against foreign currencies

Central Bank: Our responsibility is to maintain the value of the dinar against foreign currencies

10-13-2026

The Central Bank of Iraq confirmed on Tuesday that its mission is currently limited to maintaining the value of the Iraqi dinar against foreign currencies. Samir Fakhri, the representative of the Governor of the Central Bank of Iraq, stated at the Middle East Research and Peace Forum (MERI), held in Erbil, that “the issue of the exchange rate and its relative importance differs from one country to another,” explaining that “the exchange rate is important for Iraq, Read more…

Iraqi Dinar Guru opinions 10-12-2026

Iraqi Dinar Guru opinions 10-12-2026

10-12-2026 Newshound Guru Clare Announcement: “Important announcement: In compliance with the directives of the Central Bank of Iraq, we announce the suspension of publishing the dollar exchange rates in the parallel market, effective immediately, until new official directives are issued in this regard.” Read more…

Al-Tamimi clarifies the legality and feasibility of paying salaries in dollars instead of dinars.

Al-Tamimi clarifies the legality and feasibility of paying salaries in dollars instead of dinars.

10-12-2026

Information/Baghdad…
Legal expert Ali Al-Tamimi explained the legality and possibility of moving towards paying salaries in Iraq in US dollars instead of Iraqi dinars.

Al-Tamimi told Al-Maalouma, “Iraq does not have any legal basis at present, and its application is Read more…

Exceeding 442 billion dinars… Significant growth in Iraqi customs revenues for the month of September

Exceeding 442 billion dinars… Significant growth in Iraqi customs revenues for the month of September

2026-10-12

Shafaq News – Baghdad
The Iraqi General Authority of Customs announced on Monday that it had achieved a significant increase in its total revenues for September 2026, compared to the same month in 2025.

Financial comparison data showed that total customs revenues for September 2026 amounted to (442,266,831,097) four hundred and forty-two billion, two hundred and sixty-six million, eight hundred and thirty-one thousand and ninety-seven Iraqi dinars, compared to Read more…

Iraqi Dinar Guru opinions 10-11-2026

Iraqi Dinar Guru opinions 10-11-2026

10-11-2026 Intel Guru Frank26 We needed stability and that’s what 1500 is doing. 1500 stabilizes [Iraq’s] exchange rate…1500 is bringing you security and stability…clearing the way for the RD and RI in the next 2 1/2 months and God willing for January 1st to be the launch of [Iraq’s] monetary reform by lifting the 3-zeros and giving lower notes… Read more…

The dollar exchange crisis is spreading beyond the markets… the citizen is the victim of the government’s war on speculators.

The dollar exchange crisis is spreading beyond the markets… the citizen is the victim of the government’s war on speculators.

10-11-2026

Information/Report…
The child on his way to school may be the most psychologically affected by rising market prices, as he cannot afford sweets with the meager amount of money he carries each day. The new reality forces citizens to reassess their finances after the increased financial burdens resulting from the new decisions of the Al-Zaidi government, which raised the dollar exchange rate by 15 percent. The Prime Minister justified this increase as a means to combat speculators and prevent resorting to borrowing or forced savings. Meanwhile, Read more…

Iraq’s trillions deficit threatens the continuation of salary payments in 2027

Iraq’s trillions deficit threatens the continuation of salary payments in 2027

2026-10-11

Shafaq News – Baghdad
Iraq’s public finances face mounting challenges, with estimates indicating a deficit of up to 50 trillion dinars in the 2027 budget, given the heavy reliance on oil revenues and growing operational obligations. This raises concerns about the government’s ability to secure salaries and financial entitlements, limit borrowing, and maintain investment spending amid regional turmoil and oil market volatility.

These challenges come as the total value of the draft budget is approximately 217 trillion dinars, according to what Read more…

A formal parliamentary appeal has been filed with the Federal Court against the decision to change the exchange rate.

A formal parliamentary appeal has been filed with the Federal Court against the decision to change the exchange rate.

2026-10-11

Shafaq News – Baghdad
The head of the parliamentary rights bloc, Saud Al-Saadi, revealed on Sunday that he had filed an official appeal with the Federal Supreme Court (the highest judicial authority in Iraq) against the government’s decision to change the exchange rate of the US dollar.

Al-Saadi told Shafaq News Agency that he officially filed an appeal today with the Federal Court against Decision No. (544) issued by the Iraqi Council of Ministers, which raised the exchange rate of the US dollar against the Iraqi dinar. Read more…

Iraqi Dinar Guru opinions 10-10-2026

Iraqi Dinar Guru opinions 10-10-2026

10-10-2026 Newshound Guru Jeff Iraq devalued their currency…Does the fact that the rate has already changed matter? IMO no…Iraq can adjust its exchange rate while the budget is still being…drafted but not approved… What we care about is Tuesday 15th, that’s when they stated multiple times the budget would go to parliament for approval…We’re looking for parliament to boycott the budget and not approve it. That’s exactly what you want. As long as the budget remains unapproved that leaves the door open…Iraq is still eligible to change the rate again and go international. Read more…