🇮🇶 IRAQ DINAR UPDATE — OCTOBER 20, 2026
📡 Connecting the Dots | Latest Guru Opinions & Intel
🔎 Thom
Article: “The Central Bank directs the Iraqi Trade Bank and private banks to increase working hours and operate on holidays from October 21 to November 30 to execute external remittances.”
“We are monitoring the situation…”
📌 Stephen — October 20, 2026
“It has been speculated and argued by numerous dinar people that they're sending the budget back to get revised because they're working on a new rate. Is that true? It seems very plausible. No one can confirm or deny that information.
That's why this is a speculative investment. All we can do is look at the actions Iraq is taking, not so much at what they're saying, and then try to draw some type of conclusion from that.
Does this mean when the budget is submitted to parliament it is going to have the new rate? It seems that would make logical sense, but we don't know.”
🛢️ Reset Intelligence — October 20, 2026
“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.”
📉 Jeff — October 20, 2026
“They did not do the devaluation until after the US troops were fully out of Iraq.
I look at the devaluation more as a short-term economic tool to do a few simple tasks in the short term. I don't look at this as a long-term step. I don't think it'll be in place more than a month…”
🔔 CONNECTING THE DOTS
Iraq's banking operations, budget discussions, oil exports, and exchange-rate policies remain key developments to watch. Could these events signal a shift in Iraq's economic direction? The gurus are sharing their interpretations, but the timing and outcome remain uncertain.
💬 What do you think these developments mean for the Iraqi dinar?
⚠️ Disclaimer: The statements above reflect the opinions and speculation of the named gurus and are not confirmed announcements of a currency revaluation. This is not financial advice. Always conduct your own research.
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