News, Rumors and Opinions Monday 3-9-2026
KTFA:
Clare: Agreement within the coordinating framework to support a second term for the Sudanese
3/8/2026
Journalist Amin Nasser revealed via his Facebook account that there is an agreement between Ammar al-Hakim, Qais al-Khazali and Hadi al-Amiri regarding assigning Prime Minister Mohammed Shia al-Sudani for a second term.
Nasser indicated that he believes most of the forces within the coordination framework will proceed with this consensus, with the exception of Nouri al-Maliki, who may not support this approach.
This proposal comes amid ongoing discussions within the framework forces regarding the shape of the next government and the most likely candidate to lead it in the next phase. LINK
Frank26: "TO PROTECT MONETARY & FINANCIAL STABILITY"........F26
Central Bank of Iraq: Reserves cover 12 months of imports
3/8/2026
The Central Bank of Iraq confirmed on Sunday that its reserves cover 12 months of imports, while indicating that it possesses "financial buffers".
In a statement received by Shafaq News Agency, the bank said, “Within the framework of its constitutional and legal responsibilities to protect monetary and financial stability and maintain the strength and integrity of the banking system in Iraq, the Board of Directors of the Central Bank of Iraq held an extraordinary session to follow up on current economic and financial developments, review the most prominent macroeconomic indicators, and assess future expectations in light of local and international developments and the challenges or opportunities they may present to the national economy.”
He added that "during the meeting, the council conducted a comprehensive assessment of the monetary and financial market conditions, including an analysis of liquidity levels in the banking system, developments in the money supply, as well as a review of the central bank's foreign currency needs."
He explained: “The Council also reviewed financial stability indicators and the performance of the banking sector, in addition to monitoring foreign trade and payment flows, while assessing potential risks associated with regional and international economic variables and their potential repercussions on the Iraqi economy.”
He added, “The Council also discussed a number of potential economic and financial scenarios for the next stage, focusing on how to enhance the flexibility of monetary policy and the sustainability of financial stability, and ensure the banking system’s ability to respond efficiently to the requirements of economic activity.”
He continued: In this context, it is necessary to clarify that the Central Bank’s reserves cover about 12 months of imports, and the Council affirms that the bank has full readiness and effective tools to deal with various developments, especially with its comfortable reserve balance, and that it is prepared to take action.
He pointed out that “appropriate measures at the right time to ensure the stability of monetary and financial markets and enhance confidence in the banking sector.
Based on this comprehensive assessment, the Council concluded the following: The strength of foreign reserves and financial buffers: The Central Bank of Iraq enjoys a strong level of financial buffers and comfortable foreign reserves at safe levels, which provides an important margin of flexibility in managing monetary policy and confronting any potential economic shocks or fluctuations, and contributes to enhancing monetary stability and maintaining the strength of the financial system in the country.”
He added: “Securing salaries and basic expenses: The Council discussed a number of alternatives to ensure the securing of salaries and basic expenses during the coming months, in a way that guarantees the regular implementation of the state’s financial obligations, and contributes to supporting the economic and living stability of citizens, as well as enhancing confidence in the state’s financial and monetary policies, and the continuation of economic activity in a normal manner.”
He pointed to “strengthening the liquidity of the banking system: The Council affirms the importance of the Central Bank continuing to support the liquidity of banks in order to ensure the stability of daily banking operations and the smooth flow of financial services provided to the public. This aims to enable banks to meet the needs of citizens and the private sector efficiently and regularly. The Central Bank seeks to enhance the role of the banking sector in supporting economic activity and financing various productive and service sectors.”
He concluded by saying, “Ensuring the smooth flow of external transfers: The Council stressed the importance of the continued smooth flow of external financial transfers to cover import operations and other international payments, thereby ensuring the stability of foreign trade and the availability of goods and services in the local market. This comes within the framework of supporting the private sector’s ability to meet market needs and maintain stable supply levels in local markets.” LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Real effective exchange rate as a simple adjustment can...be simple and electronic. The digital infrastructure ...allows instant nationwide propagation. There will be no need for massive physical note exchanges...The CBI can adjust the rate with minimal friction. The system is already tested for large-scale electronic transactions...
Jeff We all want to know when the rate is going to change. Let's talk about not only when the rate is going to change...but what's really happening...Are they even having sessions of parliament? Is the government doing anything? Absolutely not. Zero in Iraq. They're not doing anything right now...The formation of Iraq's government is the lynch pin to the rate change...The formation o Iraq's government gets them back on the world stage. It's a critical level of stability needed...
Mnt Goat I encourage you not to give up. Iraq will reinstate the dinar and Trump will move ahead with his plan to revitalize the middle east and Iraq is a huge part of the plan. The Iraqi dinar is going to be a hinge-pin of a new basket of currencies. This new basket will support many currencies...
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Oil Prices Are Surging… Is That Good for the Iraq Dinar?
Dinar For Dummies: 3-8-2026
In this video I cover why higher oil prices is positive for the dinar.