Thursday, October 8, 2026

🇮🇶 IRAQI PARLIAMENT PUSHES BACK ON DINAR DEVALUATION

CHANNEL8

Footage recorded inside the Council of Representatives captures lawmakers staging a demonstration within the main legislative chamber: "This is the protest of Iraqi parliament members against the rise of the dollar." The protest inside parliament follows Cabinet Decision No. 544 and the Central Bank of Iraq's official devaluation of the dinar to 1,500 IQD per USD. With parallel exchange rates surging past 1,750 IQD per dollar, lawmakers inside the assembly hall voiced strong opposition to the rate shift, calling for an emergency session to protect public purchasing power.

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🇮🇶 IRAQI PARLIAMENT PUSHES BACK ON DINAR DEVALUATION

Footage reportedly shows Iraqi lawmakers protesting inside Parliament over the rise of the dollar and the impact of a weaker dinar. 💵📈

The report links the protest to the 1,500 IQD/USD rate and claims the parallel market has moved above 1,750 IQD/USD.

🏛️ Lawmakers are reportedly calling for an emergency session to protect citizens’ purchasing power.

🔎 My observation: This is significant because the message appears to be against a weaker dinar—not in favor of further devaluation. They want to protect the dinar’s purchasing power and support a stronger currency. 🇮🇶💪

⚠️ This does NOT confirm an RV. However, political resistance to devaluation is certainly something worth watching as Iraq addresses its exchange-rate policy.


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🇮🇶 IRAQI PARLIAMENT PUSHES BACK ON DINAR DEVALUATION

CHANNEL8 Footage recorded inside the Council of Representatives captures lawmakers staging a demonstration within the main legislative chamb...