News, Rumors and Opinions Friday 9-11-2026
KTFA:
Clare: The Minister of Oil discusses the draft oil and gas law with a delegation from the region.
Baghdad Today - Baghdad
Oil Minister Basim Mohammed Khudair received the Minister of Natural Resources in the Kurdistan Region, Kamal Mohammed Saleh, and his accompanying delegation on Wednesday (September 9, 2026).
A statement from the ministry, received by "Baghdad Today," indicated that the meeting included discussions on a number of files related to the oil and gas sector, most notably the draft oil and gas law, which contributes to strengthening cooperation and coordination between the federal government and the regional government in this vital sector.
The statement added that both sides stressed the importance of continuing dialogue and joint coordination in a way that serves the national interest and supports the development of the sector, noting that "the meeting was attended by a number of directors general in the federal ministry, along with the Minister of Finance in the regional government and a delegation from the Ministry of Natural Resources." LINK
Clare: The Kurdistan Regional Government has decided to immediately close all Forex companies and ban the trading of digital currencies.
Erbil (Kurdistan24) - The Kurdistan Regional Government has launched a broad campaign to combat illegal currency trading, ordering the immediate and comprehensive closure of all companies and offices operating in the field of electronic trading "Forex", with a strict emphasis on prohibiting the trading of digital and encrypted currencies.
An official circular issued by the Presidency of the Council of Ministers of the Kurdistan Region tasked the Ministry of Interior and the relevant security agencies with immediately beginning to close the headquarters and offices of companies and centers trading in digital currencies and “Forex” platforms that are not licensed in all cities and governorates of the region.
Decision-making principles:
Compliance with Baghdad and Central Bank decisions: These procedures are based on official instructions issued by the Central Bank of Iraq, which criminalize and classify any dealings with digital currencies and platforms not subject to the official financial system as illegal and prohibited banking activities.
Immediate closure and field prosecution: The Ministry of Interior is tasked, in coordination with relevant institutions and departments, with raiding and sealing all sites and centers that carry out this activity outside the scope of the law and applicable instructions.
Preventing evasion and changing addresses: The directive stressed the need to pursue all companies and networks that trade under pseudonyms, or resort to tricks and changing addresses and business activities to circumvent the decision.
Protecting the financial security of citizens
The Kurdistan Regional Government affirmed that this decisive measure stems from a commitment to preserving the financial stability of citizens and protecting their savings, preventing the draining of capital abroad, as well as containing the risks of fraud, financial scams, and the serious losses resulting from unreliable speculation on these unregulated platforms. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Terrance Once they've deleted the zeros and they do the revaluation, which we're all hoping for...usually countries are given 90 days in order to clear that. They're under no obligation to tell you, the speculator, how long that window is going to be open or to alert you if they decide to change that window...But they will notify licensed institutions...'it is our prerogative to reduce that to 45 days or even 30 days...' Your JP Morgan Chase, Bank of America is not going to notify you that the window has been reduced. I'm not saying the window will be reduced. But be clear, there is an incentive for Iraq to reduce that window because for anyone who is slow to exchange their dinar it reduces the amount of dinar in circulation...If you could reduce the amount of currency in circulation, then the foreign reserves and gold Iraq has, suddenly supports a higher valuation.
Jeff They're now ready to send the Oil and Gas law to parliament for approval. This thing's waited to clear since 2005/07 for the rate to have changed to do this. It's all coming together now at the same time around the middle of September...They pretty much have given you a back wall for the rate to have changed by September 30th.
Stephen The reason why the dinar has such the potential it does to be a truly life transforming wealth event is because of the negativity surrounding it...There's a reason why people think dinar investors are nuts...If this investment didn't have a high risk nature behind it, it would not yield the benefits and the returns we are all expecting, hoping and praying for...If this was a guaranteed hole-in-one investment, everyone and their mother would be invested in it and it wouldn't exist.
IQD Update Currency Updates BUY HOLD SELL: VND ZiG ARS VES
Edu Matrix: 9-10-2026
This analysis covers the current economic landscape for several global currencies, including the Argentine Peso and the Venezuelan Bolivar.
We review national flags, scenic backgrounds, and essential economic indicators such as stability, reform, and future opportunities for each market.
By examining these trends, investors can better understand how specific monetary policies and regional financial conditions influence currency value.
This overview provides a clear perspective on the factors driving these developments, offering context for anyone tracking central bank announcements and international currency movements.
0:00 Analyzing Global Currency Trends 2:33 Argentina's Peso Outlook 3:30 The Reality of the Venezuelan Bolivar 4:37 The Truth Behind the Iraqi Dinar