Iraq Economic News and Points To Ponder Sunday Morning 9-6-26

The Parliamentary Financial Committee: There Is An Intention To Issue Smaller Currency Denominations Than The 250 Dinar Denomination

Translated from Arabic    The Parliamentary Financial Committee: There is an intention to issue smaller currency denominations than the 250 dinar denomination because the currency has not changed for a long time and counterfeiting has occurred in it..

https://x.com/AlArabiya_Iraq/status/2096531350366863805

Baghdad Airport Warns Of Currency Exchange Delays After CBI Closures

2026-09-05 Shafaq News- Baghdad    Baghdad International Airport on Saturday warned travelers of possible delays in currency exchange services after the Central Bank of Iraq (CBI) closed several exchange companies operating at the airport.

The airport urged passengers who need to exchange currency before traveling to arrive well ahead of their scheduled flights, saying the closures could create congestion and longer waiting times.  It did not specify how many exchange companies were closed or the reasons behind the CBI’s decision.

https://www.shafaq.com/en/society/Baghdad-Airport-warns-of-currency-exchange-delays-after-CBI-closures

The Central Bank Denies Raising The Dollar Exchange Rate.

Today 17:56 The Central Bank of Iraq   denied on Saturday reports circulating about raising the exchange rate of the US dollar against the Iraqi dinar.

In a statement to Al-Maalomah News Agency, the bank said, “The reports suggesting a move to raise the dollar exchange rate are baseless,” emphasizing that “no decision has been issued in this regard.”

The bank added that “the official exchange rate adopted by the Central Bank remains unchanged,” urging media outlets and social media users to “exercise accuracy and rely on official sources when reporting news related to monetary policy and the exchange rate.”

https://almaalomah-me.translate.goog/news/143277/economy/البنك-المركزي-ينفي-رفع-سعر-صرف-الدولار?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

The Central Bank Denies Raising The Dollar Exchange Rate: The Official Rate Has Not Changed And There Is No Decision On This Matter.

Baghdad - One News   The Central Bank of Iraq denied on Saturday the validity of the news circulating about a move to raise the exchange rate of the dollar against the Iraqi dinar, stressing that the official approved rate remains unchanged.

The Central Bank stated in a statement to the Iraqi News Agency (INA) that the news circulating about raising the dollar exchange rate is “baseless,” stressing that no decision has been issued regarding changing the official rate.

He clarified that the exchange rate approved by the Central Bank has not been modified, in a direct response to what has been circulating in the past few hours through some media outlets and social media platforms.

The bank called on the media and social media users to be accurate in circulating information related to monetary policy and the exchange rate, and to rely on data and statements issued by official authorities.

The central bank's clarification comes as an attempt to resolve the controversy surrounding the dollar's exchange rate and prevent the circulation of unofficial information that could affect market activity and traders' expectations.

https://1news-iq.net/البنك-المركزي-ينفي-رفع-سعر-صرف-الدولار/

The Central Bank Reveals The Truth About The Move To Raise The Dollar Exchange Rate.

denyCentral Bank of IraqToday, Saturday, news circulated regarding raising the exchange rate of the dollar against the Iraqi dinar.

The bank said in a statement carried byOfficial Agency And I followed him Alsumara News The news circulating about a trend to raise the dollar exchange rate is baseless.health He emphasized that "no decision has been issued in this regard."

He added that "the official exchange rate adopted by the Central Bank has not changed," calling on the media and social media users to "be accurate and rely on official sources in reporting news related to monetary policy and the exchange rate."  

https://www.alsumaria.tv/news/localnews/575139/البنك-المركزي-يكشف-حقيقة-التوجه-لرفع-سعر-صرف-الدولار

The Central Bank Of Iraq Denies The Circulating News Regarding Raising The Dollar Exchange Rate

Baghdad (INA) –   The Central Bank of Iraq denied on Saturday reports circulating about raising the exchange rate of the US dollar against the Iraqi dinar.

In a statement to the Iraqi News Agency (INA), the bank said, "The reports suggesting a move to raise the dollar exchange rate are baseless," emphasizing that "no such decision has been issued.

" The bank added that "the official exchange rate adopted by the Central Bank remains unchanged," and called on media outlets and social media users to "exercise accuracy and rely on official sources when reporting news related to monetary policy and the exchange rate." https://ina.iq/ar/local/272729-.html

The Central Bank denies raising the dollar exchange rate.

economy | 05:53 - 05/09/2026  Mawazin News - Economy    The Central Bank of Iraq denied on Saturday reports circulating about an increase in the exchange rate of the US dollar against the Iraqi dinar.

In a statement published in the official newspaper, the bank said, "The reports suggesting a move to raise the dollar exchange rate are baseless," emphasizing that "no such decision has been issued."

The bank added that "the official exchange rate adopted by the Central Bank remains unchanged," and urged media outlets and social media users to "exercise accuracy and rely on official sources when reporting news related to monetary policy and the exchange rate." https://www.mawazin.net/Details.aspx?jimare=290193

The Central Bank Warns Against Fake News Aimed At Destabilizing The Economy.

2026-09-05 Shafaq News - Baghdad   The Central Bank's media director, Haider Ghazi, denied on Saturday that the dollar exchange rate had been officially changed.  

Ghazi told Shafaq News Agency that "the news circulating about changing the dollar exchange rate is false and baseless."  

He added that "the news aims to destabilize the economy and the exchange rate, for specific purposes."  

A short while ago, news spread on social media that the exchange rate had changed, and that the Central

Bank had announced that deposits would be at a rate of 1460 dinars per dollar, starting tomorrow.

https://www.shafaq.com/ar/اقتصـاد/البنك-المركزي-يحذر-من-اخبار-كاذبة-تهدف-لزعزعة-ال-ستقرار-الاقتصادي

Central Bank Denies Raising The Dollar Exchange Rate: The Official Rate Has Not Changed And No Decision Has Been Made In This Regard

Translated from Arabic  The Central Bank of Iraq denied, on Saturday, the validity of circulating reports regarding an intention to raise the dollar exchange rate against the Iraqi dinar, confirming that the adopted official rate remains unchanged.

The Central Bank stated to the Iraqi News Agency (INA) that the news circulating about raising the dollar exchange rate "has no basis in truth," emphasizing that no decision has been issued regarding any change to the official rate.

 It clarified that the exchange rate adopted by the Central Bank has not undergone any modification, in a direct response to what was circulated in the past few hours through some media outlets and social media platforms.

The Bank called on media outlets and social media users to exercise caution in circulating information related to monetary policy and exchange rates, and to rely on data and statements issued by official authorities.

 The Central Bank's clarification comes in an attempt to settle the controversy surrounding the dollar rate and prevent the circulation of unofficial information that could affect market movements and traders' expectations. #Wan_News#The_First_News_Platform_in_Iraq

https://x.com/onenewsiq/status/2096262937203593540

1 News - وان نيوز@onenewsiq

Central Bank Rejects Rumors Of Devaluing Iraqi Dinar

Mohammed Jangadost

At a Glance:

  • The Central Bank of Iraq (CBI) on Saturday refuted widely circulating rumors regarding plans to increase the official USD/IQD exchange rate.

  • CBI Media Director Haider Ghazi reaffirmed that the official exchange rate remains fixed, dismissing claims that deposits or official transactions would be repriced to 1,460 IQD per dollar.

  • The central bank cautioned that false reports aim to destabilize financial markets, urging media platforms and the public to verify information via official channels.

  • The CBI's official selling rate stands unchanged at 1,310 IQD per USD for commercial operations and transfers.

The Central Bank of Iraq (CBI) issued a firm denial on Saturday, September 5, 2026, rejecting unverified reports and social media claims that federal monetary authorities intend to devalue the Iraqi dinar against the US dollar. Reaffirming its official policy baseline, the CBI confirmed that no adjustments to the exchange rate have been enacted, describing circulated rumors of a rate hike to 1,460 IQD as unfounded attempts to destabilize local currency markets.

Key Statements and Focus Area:

  • Central Bank of Iraq (CBI) Official Statement (Carried via State Media): "Reports claiming an intention to raise the exchange rate of the US dollar are completely unfounded. No decision has been issued in this regard, and the official exchange rate approved by the Central Bank has undergone no change. We urge all news outlets and social media users to exercise accuracy and rely exclusively on official sources for monetary policy updates."

  • Haider Ghazi, Media Director of the Central Bank of Iraq: "The rumors suggesting a rate shift to 1,460 dinars per dollar are designed to create market anxiety and undermine economic stability. The bank maintains its established exchange rate framework, and operational indicators remain grounded in official standards."

Official vs. Parallel Market Currency Benchmarks

Exchange Framework Benchmark Rate (IQD per $1 USD) Policy / Operational Status

Budgetary Base Rate 1,300 IQD Government fiscal accounting baseline

CBI Official Bank Rate 1,310 IQD Standard rate for commercial bank foreign transfer sales

Parallel Market (Baghdad) ~1,547 IQD (154,750 per $100) Unofficial exchange bureau rate‍ (subject to continuous market changes)

Parallel Market (Erbil) ~1,540 IQD (154,000 per $100) Unofficial regional exchange rate‍ (subject to continuous market changes)

Social Media Rumors and CBI Clarification

The central bank's statement followed a wave of digital posts claiming that starting September 6, official financial institutions would adjust dollar conversion pricing to 1,460 IQD per USD. Rebutting the speculative claims, the CBI clarified that monetary policy remains firmly anchored to the structural framework established alongside the Ministry of Finance.CBI officials highlighted that foreign exchange reserves and trade processing mechanisms remain stable, preventing the need for currency devaluations.

Monetary Control and Market Volatility

The CBI continues to manage the structural spread between official bank transfer rates and informal exchange markets. While local exchange bureaus in Baghdad, Erbil, and Basra traded between 1,540 and 1,547 IQD per dollar on Saturday, central bank regulators reiterated that official trade imports and foreign transfers continue to be processed at the pegged rate. Regulators warned that spreading forged notices or unauthorized policy claims would trigger legal oversight to preserve financial system security.

FYI

By immediately countering exchange rate rumors, the CBI aims to prevent speculative hoarding and artificial inflation spikes across local consumer markets. Maintaining a firm peg at 1,310 IQD reinforces the government's commitment to fiscal continuity, though persistent parallel market spreads highlight the ongoing challenge of meeting cash-dollar demand outside official banking channels. https://channel8.com/english/news/65154

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