Good Afternoon Dinar Recaps,

GLOBAL DEBT RESET WATCH: IMF WARNS OF ENERGY AND DEBT SHOCK AS FED SIGNALS MORE RATE HIKES

The IMF is warning that energy costs and record public debt are threatening global growth just as new Fed minutes point toward another U.S. rate increase this year.

Iraq’s 2027 Budget Draft Sets 217T Dinar Spending

2026-10-06 / 05:08   Shafaq News- Baghdad   Iraq’s draft 2027 federal budget totals 217 trillion dinars ($164.9B), with a projected deficit of 50 trillion dinars ($38B), parliamentary Finance Committee member Abbas Hayal told Shafaq News on Tuesday.  

Hayal said the figures were discussed during the committee’s meeting with Finance Minister Faleh Al-Sari on the draft budget, which sets oil at $58 per barrel, assumes exports of four million barrels per day, and sets the exchange rate at 1,500 dinars per US dollar.

Good Morning Dinar Recaps,

INDIA RESET WATCH: RBI HIKES RATES AS RUPEE NEARS RECORD LOW

India’s central bank has begun tightening policy again, but the rupee’s continued weakness shows how powerful global energy, capital-flow and dollar pressures have become.

How Wars And Geopolitical Conflicts Can Affect Stock Market Performance: What History Shows And How Investors Can Prepare For Volatility

Sep 29, 2026  Sergei Klebnikov Editorial Staff, J.P. Morgan Wealth Management

Geopolitical conflicts can drive short-term market volatility, but history shows the initial sell-off is often more about uncertainty than a lasting change in long-term returns.

The biggest risk to watch is whether the conflict disrupts critical supply chains in ways that spill into inflation, financial conditions, corporate earnings and broader economic growth – energy is one common channel, but not the only one.

Iraq Considers Raising Official Dollar Rate To 1,500 IQD And Dropping Currency Zeros

Iraq   Jawad Al-Samarraie   October 6, 2026 Baghdad (IraqiNews.com) – Safaa Al-Jabri, member of parliament for the Al-Sadiqoun bloc and member of the Parliamentary Economic Committee, revealed that the federal government is reviewing a proposal to adjust Iraq’s official exchange rate from 1,310 dinars to 1,500 dinars per U.S. dollar, while advancing high-level deliberations to redenominate the national currency and potentially remove zeros.