"The Most Widely Discussed Scenario" Removing Zeros To Withdraw Looted Funds And Address Salary Issues... Experts Warn Against A "Makeover".

2026-08-09 | Baghdad - 964   Economic and financial experts are discussing proposals to solve the liquidity crisis and salary delays plaguing Iraq, most notably changing the currency and removing zeros from the Iraqi dinar, or introducing additional denominations that correspond to the noticeable expansion in the size of the circulating money supply.

Dawn Crackdown Returns $370M+ To Iraq

2026-08-09 Shafaq News- Baghdad   The Iraqi state has recovered an estimated 482.6 billion dinars ($371.6M) in stolen assets under its Dawn Crackdown anti-corruption campaign, roughly equivalent to one month of salaries for the Foreign Ministry and its diplomatic staff, the Eco Iraq Observatory reported on Sunday.

The total comprises about 390.08 billion dinars ($300.3M) in cash, including $141 million converted into Iraqi currency, and half a ton of gold valued at 185,000 dinars per gram.

Good Afternoon Dinar Recaps,

China Builds the Next Financial Layer: Renminbi Bond Market Push Expands Global Capital Alternatives

Beijing is strengthening access to its bond market and expanding the infrastructure around the renminbi as global investors increasingly navigate a more fragmented financial system.

Good Morning Dinar Recaps,

Hormuz Deal Hits a Critical Hurdle: Reopening Still Depends on U.S. Concessions

Iran and Oman are nearing a shipping framework for the Strait of Hormuz, but Tehran says the waterway will remain restricted until broader conditions with Washington are resolved.

"Without Prior Notice"... 118 Trillion Dinars Withdrawn To Finance Salaries And Projects Revealed

2026-08-08 05:05  Shafaq News - Baghdad   An informed source revealed on Saturday the amounts of money that were withdrawn from government banks during the previous government, indicating that they are estimated at trillions of dinars, which are high amounts that exceeded the legal limit allowed for each bank, especially government banks.

Good Afternoon Dinar Recaps,

U.S. Debt Repricing: Is the Financial System Demanding a Higher Cost to Borrow?

Rising long-term Treasury yields are raising a larger question for global markets: how much more will investors require to finance America’s growing debt burden?

Brent Up 1% As Markets Weigh Hormuz Risks

2026-08-07 Shafaq News  Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, ​suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed ‌rules.

Brent crude futures rose 80 cents, or 0.97%, to $83.29 a barrel by 0303 GMT. U.S. West Texas Intermediate futures rose 64 cents, or 0.83%, to $77.93.

80% Of Money Is Outside Banks... Former Mp Calls For A New Strategy To Attract Hoarded Funds

Information/Baghdad...  Former MP Abbas Sarout confirmed on Thursday that 80% of Iraqi money is hoarded in homes, away from banks, noting the need to reconsider the strategy for attracting funds to the banking system.

Sarout explained to Al-Maalouma that "Iraq is suffering from a liquidity crisis that has begun to affect salary distribution, given that 80% of the money is hoarded outside banks.

Good Morning Dinar Recaps,

Hormuz Shipping Deal: Markets Test Whether Energy Supply Can Normalize

An emerging Iran-Oman shipping agreement could ease global energy pressures, but markets remain cautious until commercial traffic through the Strait of Hormuz returns to normal.

Good Afternoon Dinar Recaps,

U.S. Labor Market Weakens as Treasury Yields Fall — A New Test for Federal Reserve Policy

Unexpected job losses are reshaping rate expectations while investors confront a more uncertain path for U.S. monetary policy and government borrowing costs