Posts Tagged ‘Iraqi Dinar’

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…

Salmaniya Currency Market: Rumors behind dollar fluctuations… we expect it to decline this week

Salmaniya Currency Market: Rumors behind dollar fluctuations… we expect it to decline this week

2026-06-27

Shafaq News – Sulaymaniyah
The spokesman for the dollar market in Sulaymaniyah, Jabbar Goran, confirmed on Saturday that the fluctuation in the value of the Iraqi dinar against the dollar during the past few days was a result of the circulation of incorrect rumors, while he expected the exchange rate of the dinar to improve during the current week.

Goran told Shafaq News Agency that “the instability in the exchange rate of the dinar against the dollar was due to the spread of some inaccurate rumors, but the Central Bank of Iraq Read more…

Iraqi Dinar Guru opinions 6-26-2026

Iraqi Dinar Guru opinions 6-26-2026

6-26-2026 Intel Guru Reset Intelligence The official rate sits at 1,300 to the dollar while the street trades nearer 1,450, and the central bank has denied a rate change for the second time this month. You do not build export routes, scrub the banks, and digitize every border to keep a currency on a program rate. The gap closes one way. The only open questions are when, and how high. Read more…

Iraqi Dinar Guru opinions 6-25-2026

Iraqi Dinar Guru opinions 6-25-2026

6-25-2026 Intel Guru Reset Intelligence Bessent…walked through who is coming back…Venezuela, sanctioned and shut out, is coming back to invoice in dollars. The Iranians…”will be invoicing in dollars.” Russia…would want back in once the war in Ukraine ends…The sanction is the stick. The dollar is the door. Clean books are the toll…Notice Iraq was not on Bessent’s list…because Baghdad is furthest along that road…Venezuela and Iran are being told to do what Baghdad has already spent more than 3 years on. Washington cut off many of Iraq’s banks in late 2022. Iraq has been rebuilding its dollar access under American supervision ever since, working down the checklist…On June 22 the central bank said its restricted banks are in the final stages of reintegration, and in the same breath denied any plan to change the exchange rate. That denial is the tell. Read more…

Iraqi Dinar Guru opinions 6-24-2026

Iraqi Dinar Guru opinions 6-24-2026

6-24-2026 Newshound Guru Jeff Let’s say you have a 25k note before the rate changes. A 25k note can buy one bag of groceries. After the rate changes, a 25 note will buy the same exact bag of groceries…The purchasing power the currency had before the rate changes will have the exact same purchasing power after the rate changes with smaller notes. The impact of it is outside the country, the investors like you and I because a 25,000 note…if the rate is $3, then the value would be $75,000 and a 25 note would be $75. Read more…

Iraq’s domestic debt rises to 95.7 trillion dinars, while its external debt declines.

Iraq’s domestic debt rises to 95.7 trillion dinars, while its external debt declines.

2026-06-24

Shafaq News – Baghdad
Data from the Central Bank of Iraq, released on Wednesday, showed that domestic public debt rose to 95.7 trillion dinars by the end of April 2026, while external debt saw a decline on an annual basis.

According to bank data, which was reviewed by Shafaq News Agency, domestic public debt rose to 95.679 trillion dinars by the end of April of this year, compared to 90.515 trillion dinars recorded Read more…

Iraqi Dinar Guru opinions 6-23-2026

Iraqi Dinar Guru opinions 6-23-2026

6-23-2026 Intel Guru Reset Intelligence Two years ago if you ran a bank in Iraq and wanted to move a single dollar to New York you mostly could not. No western bank would clear it. The country was a compliance risk…This weekend it began to turn. Iraq’s prime minister walked into the CBI and handed it to the man who used to run the country’s anti-money laundering office. Just two days before the Global Financial Watchdog handed Baghdad a written list of nine fixes on a deadline. Clean the books. Trace every owner. Open the doors. Do that and the system lets Baghdad back in. This is not a theory. Eight months ago, Nigeria and South Africa did exactly this. They worked their way off the same watchlist. Almost overnight the correspondent banks came back. The extra scrutiny eased and Nigeria alone pulled in around $30 billion of investment that had been sitting on its hands…Getting off [that list] is the way back to the dollar and Iraq just stepped onto that path. Read more…

Beware, Al-Zaydi government and its central bank, of manipulating the dinar’s exchange rate.

Beware, Al-Zaydi government and its central bank, of manipulating the dinar’s exchange rate.

2026-06-23 05:03

Dr. Shwan Zangana
Iraq is suffering from a significant decline in its oil and non-oil revenues due to the decline in oil prices and the economic recession that has put pressure on non-oil revenues. The revenue crisis has worsened since the beginning of this year and the region’s entry into a heated conflict, especially after the closure of the Strait of Hormuz and the drop in oil exports to their lowest levels.

The previous Sudanese government designed the general budget based on an approximate annual deficit of 24 trillion Iraqi dinars. When Al-Zidi took over the premiership, he found this large deficit in his lap, and he had to deal with it through fiscal and monetary policy tools. It seems that many tools were proposed, but the most dangerous of them for the Iraqi economy is manipulating the exchange rate, especially since Read more…

Iraqi Dinar Guru opinions 6-22-2026

Iraqi Dinar Guru opinions 6-22-2026

6-22-2026 Intel Guru Reset Intelligence Iraq put its central bank in the hands of the man who used to police its dirty money…Prime Minister Ali al-Zaidi presided over the formal handover at the Central Bank of Iraq. The new governor spent his career inside the anti-money-laundering office. Two days earlier, the Financial Action Task Force adopted a 9-point action plan with Iraq, a written list of fixes on a deadline, from a rule book for crypto firms to tracing every account to a real owner…Getting off the list is the way back into the dollar, and Iraq just stepped onto that path. Read more…

“The Al-Jumaili Case”: Seized funds rise to $10 million and 31 billion dinars

“The Al-Jumaili Case”: Seized funds rise to $10 million and 31 billion dinars

2026-06-22

Shafaq News – Baghdad
On Monday, an investigating judge at the Central Anti-Corruption Criminal Court revealed that investigations are continuing into 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 in charge said in a statement received by Shafaq News Agency that, as a result of the careful follow-up to seize the financial proceeds resulting from the waste in the projects implemented by the accused and the parties to the case, the total amount of money seized has increased to reach 10 million US dollars and 31 billion Iraqi dinars. Read more…

Iraqi Dinar Guru opinions 6-21-2026

Iraqi Dinar Guru opinions 6-21-2026

6-21-2026 Newshound Guru Jeff They can’t tell you if they plan to increase [the dinar exchange rate]. They’ve already revealed to us the new prim minister is going to Washington with 100 businessmen to prepare for the implementation of the strategic framework agreement between Iraq and the United States. That requires Iraq to have a tradable currency. You don’t take 100 businessmen to discuss implementing business with the United States at a currency value of 1310 under US sanctions. You don’t do that. Iraq needs to go there with a convertible tradable currency that has real regional value to it. Read more…

The dollar rises and the Iranian toman falls in Kurdistan; an expert explains the reasons.

The dollar rises and the Iranian toman falls in Kurdistan; an expert explains the reasons.

2026-06-21

Sulaimaniyah – Shafaq News
The currency exchange markets in the Kurdistan Region witnessed a rise in the exchange rate of the US dollar against the Iraqi dinar on Sunday, while the Iranian toman continued its decline against the US currency.

According to market indicators, the exchange rate for 100 US dollars reached approximately 155,750 Iraqi dinars, while the price of 100 dollars reached 12,550,000 Iranian tomans.

Other foreign currencies also recorded varying exchange rates, with 100 euros reaching about Read more…

Iraqi Dinar Guru opinions 6-20-2026

Iraqi Dinar Guru opinions 6-20-2026

6-20-2026 Intel Guru Frank26 Alaq was the constipation. He was the one that was supplying Iran with money and not letting the prime minister of Iraq to play fair with the American dollar. Read more…

Iraqi Dinar Guru opinions 6-19-2026

Iraqi Dinar Guru opinions 6-19-2026

6-19-2026 Newshound Guru Clare Article: “Al-Zaydi begins removing officials after Barrak’s visit… Al-Alaq is out of the Central Bank, according to the framework – Urgent” Quote: “Coordination Framework rushed to report the dismissal of the head of the Central Bank of Iraq, Ali al-Alaq, and his replacement by Nizar Nasser, who was the head of the Anti-Money Laundering and Counter-Terrorism Financing Office of the Central Bank. This comes after nearly two days of long and complex discussions held by the Iraqi Prime Minister with Trump’s envoy in Baghdad, Tom Barrack.” Read more…

An economic institution warns against the “dollarization” of the Iraqi economy and the deepening of poverty if the dinar is devalued.

An economic institution warns against the “dollarization” of the Iraqi economy and the deepening of poverty if the dinar is devalued.

2026-06-19

Shafaq News – Baghdad
The “Iraq Future” Foundation for Economic Studies and Consultations warned on Friday of the repercussions of reducing the value of the Iraqi dinar against the US dollar, stressing that the negatives of such a step – if the federal government takes it – will outweigh its temporary benefits to the country’s economy.

These warnings come at a time when political and financial circles are increasingly discussing the possibility of devaluing the local currency as an option to address the current deficit and alleviate pressure on Read more…

Iraqi Dinar Guru opinions 6-18-2026

Iraqi Dinar Guru opinions 6-18-2026

6-18-2026 Newshound Guru Jeff Nothing is going to happen with the rate change till after the government’s formed. If you don’t see the government formed, the rate can’t possibly change. The government has to be formed for the rate to possibly change…The government formation is the biggest giant secret within Iraq right now because they don’t want you to know when the rate is changing. The fact that they’re keeping it a secret confirms to you it’s the lynch pin to the rate change. You hide what’s most important. Read more…

Iraqi Dinar Guru opinions 6-17-2026

Iraqi Dinar Guru opinions 6-17-2026

6-17-2026 Newshound Guru Jeff In order for them to complete the government the last remaining 9 ministers have to go through a parliamentary vote…The government formation is the lynch pin to the rate change. When they finish the government formation, the [rate] is going to change quickly after that…They’re not ready to complete the government because they need to do this closer to the rate change…Everything is close. It just all has to happen at the right time. Read more…