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CHANNEL 8
The financial adviser to the Iraqi prime minister, Mudher Mohammad Saleh, said the return of Iraqi banks to international financial transactions will strengthen confidence in the banking sector, expand official channels for obtaining US dollars, and help stabilize the exchange market by reducing reliance on the parallel market.
Iraqi Prime Minister's Financial Advisor Mudher Mohammad Saleh stated that the return of Iraqi banks to international financial transactions will strengthen confidence in the banking sector, expand access to U.S. dollars through official channels, and reduce dependence on the parallel market.
✅ More confidence in Iraqi banks.
✅ Greater access to USD through official banking channels.
✅ Less reliance on the parallel market.
✅ A more stable exchange market.
💡 My opinion: This is another important piece of the puzzle. One of the Iraqi government and CBI's main objectives has been to reduce—and ultimately eliminate—the parallel market. Achieving that goal is an important step before attempting to align the Iraqi Dinar's exchange rate with the market.
🧩 Keep connecting the dots, Dinar investors! Every reform appears to be moving Iraq closer to a stronger and more stable financial system.
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CHANNEL8
🚨🇮🇶 Iraqi Dinar Strengthens Against the U.S. Dollar! 📈💵
The Iraqi Dinar (IQD) gained value against the U.S. Dollar (USD) during the first 19 days of July.
📊 What happened?
📅 July 1: $100 USD = 155,900 IQD
📅 July 20: $100 USD = 150,400 IQD
✅ This means it now takes 5,500 fewer dinars to purchase the same $100 USD, representing an approximate 3.66% appreciation of the Iraqi Dinar against the U.S. Dollar.
💡 What does this mean?
✔️ The Iraqi Dinar strengthened in the local market.
✔️ The currency's purchasing power increased at local exchange houses.
✔️ It reflects lower demand for U.S. dollars and growing confidence in the dinar, supported by the Central Bank of Iraq's efforts to stabilize the exchange rate.
🇮🇶 Is this an official revaluation?
❌ Not necessarily.
This reflects a market exchange rate appreciation, not an official change to the exchange rate set by the Central Bank of Iraq (CBI). The official rate remains unchanged, while the parallel market fluctuates based on supply, demand, and monetary policy.
🌍 Why does it matter?
🏦 It suggests the CBI's monetary reforms are producing results.
💵 The gap between the official and parallel market exchange rates continues to narrow.
📈 A stronger and more stable currency supports foreign investment, international trade, and Iraq's economic integration with the global financial system.
🤝 Combined with the recent agreements between the Central Bank of Iraq and the U.S. Treasury, IMF-backed reforms, and Iraq's progress toward WTO membership, this stronger dinar points to a broader trend of increasing financial stability.
⚠️ While this does not confirm an official IQD revaluation, it is another positive indicator that Iraq's ongoing economic reforms are moving in the right direction.
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Read more: https://channel8.com/english/news/61595
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The President of the Patriotic Union of Kurdistan (PUK), Bafel Jalal Talabani, has strongly condemned the overnight missile and drone strikes on Erbil and Sulaymaniyah, calling them a serious violation of Iraq's sovereignty and international law.
Talabani demanded an immediate explanation and warned that while the Kurdistan Region does not seek escalation, its restraint must not be mistaken for weakness.
Although Iran was not mentioned by name in the statement, the remarks are widely understood to be directed at Iran, which has been identified in multiple reports as the source of the attacks.
📌 This is another clear indication that tensions between Iran and Iraq are becoming increasingly public and serious. While Baghdad has not declared a direct confrontation with Tehran, repeated strikes on Iraqi territory are placing growing pressure on Iraqi leaders to defend the country's sovereignty.
⚠️ This is a developing situation that could have significant implications for regional stability and Iraq's political and economic future.
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Sunday, July 19, 2026
Notifications are expected to be released within the next 24 to 48 hours .
Keep praying—this may finally be it.
— Texas Snake
Friday
Those bankers who have been trained to work by appointment will begin answering their phones at 8:00 A.M. California Time.
However, she emphasized that this does not guarantee that the process will begin tomorrow. It could still start on Tuesday morning.
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In a statement addressing national economic policy, Al-Zaidi endorsed a newly brokered financial accord between the Central Bank of Iraq and the U.S. Department of the Treasury.
This news highlights a new financial agreement between the Central Bank of Iraq (CBI) and the U.S. Department of the Treasury, which was supported by Iraqi Prime Minister Ali Faleh Al-Zaidi as part of Iraq’s national economic strategy.
The agreement represents an important step in strengthening financial cooperation between Iraq and the United States, particularly in areas related to:
✅ Financial stability.
✅ Banking regulation.
✅ Transparency within the financial system.
✅ Greater integration with international economic standards.
The agreement between the Central Bank of Iraq and the U.S. Treasury aims to strengthen Iraq’s financial structure and improve confidence in its banking system.
Key objectives include:
Iraq is working to modernize its banks and improve their connection with the global financial network.
This may involve:
✅ Enhanced financial supervision.
✅ Better controls over international transactions.
✅ Compliance with global banking standards.
✅ Increased confidence from international financial institutions.
Cooperation with the U.S. Treasury is significant because the United States has played an important role in monitoring Iraq’s international financial transactions.
A more transparent financial system helps Iraq:
✅ Reduce illegal financial activities.
✅ Improve market confidence.
✅ Strengthen international trade relationships.
This agreement aligns with Iraq’s broader strategy of reconnecting its economy with the international financial system.
To achieve this, Iraq needs:
🌐 Internationally connected banks.
📊 Modern financial institutions.
🤝 Strong partnerships with global organizations.
💼 Increased foreign investment.
For those following the Iraqi dinar (IQD), this development is important because it focuses on one of the key elements of Iraq’s economic transformation:
The modernization and international integration of its financial system.
A currency with a stronger global role requires:
✅ A strong and credible Central Bank.
✅ A banking system aligned with international standards.
✅ Greater global confidence.
✅ Transparent and regulated financial flows.
From the perspective of IQD followers, an agreement between the CBI and the U.S. Treasury can be viewed as a positive sign because it shows Iraq continues building the financial infrastructure needed for a stronger and more internationally connected economy.
⚠️ Important: This agreement by itself does not announce an immediate revaluation of the Iraqi dinar or confirm a change in the exchange rate.
However, it can be seen as another step in the broader reform process that many believe is necessary for Iraq to increase the international role of its currency.
The importance of this news is that Iraq continues strengthening its relationship with major financial institutions and improving its economic framework.
The message:
🇮🇶 Iraq is moving toward a more modern, transparent, and globally integrated financial system. Cooperation between the CBI and the U.S. Treasury increases confidence in Iraq’s economic reforms and strengthens the foundation for a more competitive economy in the future. 🌍💱
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#IQD #IraqDinar #DinarRevaluation #CBI #IraqEconomy #USTreasury #FinancialReform #IraqReforms #GlobalFinance #EconomicTransformation #IraqFuture #DinarCommunity
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