Who Is Running The Iraqi Economy? A Series Of Decisions Are Being Made, And The Market Is Paying The Price For The Lack Of Vision.

Last updated: September 22, 2026   In Iraq in recent weeks, questions have been escalating regarding the management of economic and monetary files, with a succession of decisions and measures affecting the banking sector, financial transfers, liquidity, the exchange market, and the movement of funds, at a time when an informed economic source believes that some of these decisions were taken amid the absence of an integrated economic vision or a sufficient explanation of their repercussions on the market.

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U.S. PAYMENT RESET WATCH: BANK-ISSUED STABLECOIN GOES LIVE ACROSS MASTERCARD'S $25 BILLION CARD PROGRAM

SoFi Bank and Mastercard have moved bank-issued stablecoin settlement from development into live operation, connecting blockchain-based money movement with an established global card network.

CBI currency sales drop $18.5B in eight months

2026-09-22 Shafaq News- Baghdad   The Central Bank of Iraq's (CBI) foreign currency sales fell 34.5% year-on-year to about $35.27 billion in the first eight months of 2026, down from roughly $53.83 billion during the same period in 2025, according to CBI data.  The CBI sold about $3.697 billion in foreign currency in August, including $270 million in cash sales and $3.427 billion to boost banks' balances abroad.

Why Is the U.S. Dollar the World's Dominant Reserve Currency?

September 01, 2026   By  Scott A. Wolla

What do you think of when you hear “U.S. dollar”? Is it the cash in your wallet, the balance in your bank account, or the price of a gallon of gas? In these and other examples, the dollar performs the basic functions of money. This is true in the U.S. and in countries around the world, whose governments, central banks, businesses, and investors use dollars to buy, sell, borrow, and lend. The dollar is integral to the financial “plumbing” of the global economy and is the world’s dominant reserve currency.