Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 4-22-26

Good Afternoon Dinar Recaps,

BRICS GOLD SURGE: CHINA’S BUYING STREAK SIGNALS SHIFT AWAY FROM THE DOLLAR

Rising gold reserves and declining dollar share point to a structural transformation in global finance

Good Afternoon Dinar Recaps,

BRICS GOLD SURGE: CHINA’S BUYING STREAK SIGNALS SHIFT AWAY FROM THE DOLLAR

Rising gold reserves and declining dollar share point to a structural transformation in global finance

Overview

China has extended its gold buying streak to 17 consecutive months, pushing official holdings to a record 2,313 tonnes, according to the World Gold Council. This steady accumulation reflects more than reserve management — it signals a long-term strategic shift in global monetary positioning.

At the same time, BRICS nations now control 17.4% of global gold reserves, up sharply from 11.2% in 2019. This rapid increase highlights a coordinated move to diversify away from dollar-based assets.

Meanwhile, the U.S. dollar’s share of global reserves has fallen to around 57%, its lowest level since 1994. This reflects both geopolitical shifts and policy-driven diversification, particularly following recent sanctions and asset freezes.

Taken together, these developments point to a gradual but accelerating rebalancing of the global financial system, with gold re-emerging as a central reserve asset.

Key Developments

1. China Extends Record Gold Buying Streak

 China continues to steadily expand its reserves.
17 consecutive months of purchases
• Total holdings now at 2,313 tonnes
• Reflects a long-term strategic shift, not short-term positioning

2. BRICS Gold Share Expands Rapidly

 The bloc is gaining influence in reserve assets.
• Now holds 17.4% of global gold reserves
• Up from 11.2% in 2019
• Russia, China, and India control over 75% of BRICS gold

3. U.S. Dollar Share Continues to Decline

 A long-term trend is becoming more visible.
• Dollar share at ~57% of global reserves
• Down from 71% in 1999
• Lowest level recorded since 1994

4. Central Bank Gold Demand Remains Elevated

 Global institutions are accelerating accumulation.
• Over 1,000 tonnes purchased annually for three years
• More than 3,000 tonnes added since 2022
• Demand equals roughly 20% of annual mine supply

Why It Matters

This trend reflects a structural shift in global reserve strategy, where countries are prioritizing assets outside the traditional dollar system. Gold offers security, neutrality, and protection from sanctions risk.

For markets, this shift could reshape currency stability, inflation dynamics, and capital flows over time. The gradual decline in dollar dominance suggests a more complex and less centralized financial system.

From a global perspective, this marks movement toward a multipolar financial structure, where influence is more distributed.

Why It Matters to Foreign Currency Holders

 • Dollar weakness can impact global purchasing power
• Gold-backed strategies support long-term stability
Currency volatility may increase as diversification grows
• Shifts in reserves influence exchange rates and capital flows

Implications for the Global Reset

  • Pillar 1: Gold Re-Emerges as a Core Reserve Asset

Central banks are repositioning gold as a foundational store of value, reducing reliance on fiat systems and increasing financial independence.

  • Pillar 2: Transition Toward a Multipolar Currency System

The gradual decline of the dollar, combined with coordinated diversification, points to a shift toward a more balanced and distributed global monetary system.

Conclusion

China’s sustained gold purchases and the rise of BRICS reserves represent a coordinated shift in global financial strategy, not a temporary trend.

While the dollar remains dominant, the direction is clear — countries are preparing for a future where diversification, resilience, and sovereignty over reserves matter more than ever.

This is not a sudden collapse, but a measured transition already underway, reshaping how financial power is defined.

This is not just a trend — it is a measurable shift in how the world stores and defines financial power.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Read More
Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Wednesday 4-22-2026

KTFA:

Clare: Dinar reserves in the red zone: A look at the compass of financial collapse in Iraq

4/21/2026  Erbil (Kurdistan24) –

While the world watches the fluctuations of Bitcoin, which has surpassed $75,000, and the volatility of oil prices around $74, Baghdad's financial apparatus faces a different kind of challenge: the challenge of "sovereign liquidity." Figures compiled by Kurdistan24's economic desk indicate a dramatic shift in the Iraqi Central Bank's ability to manipulate the local currency (the dinar), amid alarming indicators 

KTFA:

Clare: Dinar reserves in the red zone: A look at the compass of financial collapse in Iraq

4/21/2026  Erbil (Kurdistan24) –

While the world watches the fluctuations of Bitcoin, which has surpassed $75,000, and the volatility of oil prices around $74, Baghdad's financial apparatus faces a different kind of challenge: the challenge of "sovereign liquidity." Figures compiled by Kurdistan24's economic desk indicate a dramatic shift in the Iraqi Central Bank's ability to manipulate the local currency (the dinar), amid alarming indicators 

From Peak to Below Trillion: The Journey of Freefall

Returning to the official financial data we analyzed, we find that the Central Bank of Iraq's reserves of local currency (the dinar) were at their peak in February of last year, stabilizing at 2.278 trillion dinars. However, since then, the trend has been downward, only stopping at the "red zone."

In March of this year, reserves recorded a historic decline, reaching only 0.916 trillion dinars. This figure is not merely a statistic; it is a clear indication of a decrease in reserves exceeding 50% within a single year, which casts serious doubt on the "fiscal sustainability strategy."

Why is Baghdad depleting its reserves?

The problem lies in a simple but terrifying equation: Iraq spends twice as much as it earns.

On-the-ground observations reveal that the gap between government revenues and expenditures has widened to an unprecedented degree. While the oil export artery via the Turkish Ceyhan pipeline has been disrupted due to political and legal complexities, operating expenses and salaries have continued to inflate, forcing the central bank to draw on its reserves to cover the resulting deficit.

Lack of alternatives and entering the tunnel of borrowing

The Iraqi economy remaining hostage to a single barrel of oil is "slow suicide". In the absence of any other real sources of income, and with the cessation of northern exports, the Iraqi state is left with two bitter choices:depleting what remains of the reserves, which threatens the purchasing power of the dinar (which is currently trading in the markets at levels of 153,000 to 100 dollars).

Throwing ourselves into the arms of domestic loans, which means mortgaging the future of upcoming budgets to burdensome domestic bank debts.

What we are witnessing today is a final "wake-up call" for decision-makers in Baghdad. The economy doesn't lie, and the numbers don't lie; the dinar's reserves falling below one trillion represents a direct threat to the state's ability to fulfill its basic obligations to its citizens.

The solution does not lie in withdrawing more money, but in reforming the financial structure and immediately opening the disrupted export channels, before we find ourselves facing a deficit that even borrowing cannot solve.

Prepared and presented by: Hazh Ghafoor - Head of the Economics Desk - Kurdistan 24  LINK

************

Clare: Iraq, which leads the world in the number of banks, is the weakest in terms of economic influence.

April 21, 2026

Despite having more than 70 banks, Iraq's banking sector remains among the weakest in the region in terms of economic impact, financing capacity, and level of trust, while countries like the UAE and Saudi Arabia have successfully transformed their banks into key drivers of growth and investment. The paradox here lies not in the number of banks, but in the nature of the role they play within the economy.

Reading the banking reality in Iraq reveals that the main problem does not lie in the lack of financial institutions, but rather in the absence of the actual economic function of the bank, as a large part of these banks does not work as a financier of projects or a supporter of productive activity, as much as they are linked to limited activities that revolve around the state, liquidity and foreign currency.

In Iraq, oil revenues constitute approximately 90 percent of the state's resources, making the economy fundamentally rentier rather than production-based. Within this model, the central bank became the primary source of dollars, while private banks, to a large extent, remained more like financial intermediaries profiting from the money and currency cycle than institutions that channeled financing into industry, agriculture, and productive services.

According to this equation, Iraqi banks have, in many cases, become institutions that depend more on the state than they contribute to the economy, which explains their weak role in stimulating investment or expanding the private sector. In healthy economies, banks have a clear function: mobilizing savings and converting them into loans, investments, and projects. In Iraq, however, this process remains weak and fragmented.

In contrast, the experience in the UAE and Saudi Arabia presents a completely different picture. While fewer banks operate within a more diversified and dynamic economic environment encompassing energy, real estate, tourism, aviation, technology, and sovereign wealth funds, the bank's role extends beyond mere financial intermediary to include direct participation in growth. This is achieved through financing major projects, supporting the private sector, and integrating with both domestic and international investment flows.

The difference isn't limited to the nature of the economy; it extends to the level of trust between citizens and the banking system. In Iraq, the cash economy remains dominant, and a large number of citizens still prefer to keep their money outside of banks. This is a result of accumulated factors related to weak legal protections, a lack of transparency, and declining confidence in the banking system's ability to protect savings and provide stable and secure services.

In the UAE and Saudi Arabia, increased financial inclusion, the expansion of bank card use, and widespread reliance on electronic payments have helped to boost confidence in banking institutions and connect individuals and businesses on a daily basis to the formal financial system, giving banks greater social and economic depth.

Governance and oversight stand out as another crucial factor in explaining this disparity. The Iraqi banking sector suffers from a relative weakness in internal audit systems, inconsistencies in compliance, and political and economic interferences that have affected the efficiency of some institutions. In the view of many observers, some banks appear to be more like limited-functional financial fronts than integrated banking institutions capable of managing credit and risk according to modern standards.

In contrast, the banking systems in the UAE and Saudi Arabia are based on stricter oversight and higher levels of compliance with international standards, including capital adequacy requirements, risk management, anti-money laundering, and corporate transparency, which has given those markets a greater ability to attract investment and enhance financial stability.

Digital transformation is also one of the most important differences between the two models. While banking services in Iraq still suffer from a clear slowness in development, a relative weakness in technological infrastructure, and the instability of some payment systems, banks in the Gulf have been able to move to advanced levels of digitalization, through smart applications, instant transfers, and electronic services that have become part of the daily lives of individuals and companies.

From a risk and liquidity perspective, Iraq faces additional challenges related to high levels of non-performing loans, weak risk management in some institutions, and a heavy reliance on government or non-productive liquidity, while Gulf banks typically enjoy higher levels of capitalization, reserves, and liquidity, giving them a greater ability to absorb shocks and deal with economic fluctuations.

In conclusion, the crisis in Iraq's banking sector is not one of quantity, but rather one of function, structure, and trust. Iraq does not suffer from a shortage of banks, but from the absence of a genuine developmental role for them, and from the fact that a large portion of them are linked to a rentier economy and the dollar, instead of being directly linked to a productive economy and long-term investment.

In this sense, banks in the UAE and Saudi Arabia act as an engine for economic growth, while a large part of the Iraqi banking sector is still far from this role, which makes its impact limited despite its large size.

If the current model persists in Iraq, the banking sector will remain large in number but weak in impact. However, if the country embarks on genuine reform encompassing governance, oversight, digital transformation, building trust, and linking banks to the productive economy, Iraq possesses the market size and domestic demand to build one of the strongest financial sectors in the region. LINK

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Jeff The US is halting or postponing sending US dollars to Iraq to light a fire under their rear to get them to form the government sooner.  

Frank26   [Iraq boots-on-the-ground report]  OMAR:  The television is saying the United States of America has halted the shipment of dollars to our country until the government is formed.  We also see the United States of America has also halted security.  FRANK:  What do you need for your new exchange rateSecurity and stability...You know what to do.  Get rid of those idiots, raise the value of your currency and form your government... Trump is not playing games.

Reset Intelligence Al-Alaq's public statement is that the Central Bank of Iraq is constantly reviewing the deletion of the zeros from the dinar. Ground sources report that the banking sector has lost patience with the governor personally...The institution [CBI] is moving. The operator [Alaq] is still reading scripts.

************

7 Countries Are Collapsing Right Now — Which One Falls First

Ray Dalio Decoded: 4-22-2026

This video discusses current economic conditions, highlighting three simultaneous shocks that have recently impacted the "global economy".

We explore the ongoing "financial crisis" and the effects of "economic policies" that seem to tighten rather than loosen, especially regarding "debt" management.

The discussion also touches upon the "imf" and its role in extending loans, alongside the pervasive issue of "inflation" eroding the value for foreign holders of US treasuries.

https://www.youtube.com/watch?v=Itpxc1SkIhg



Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News And Points To Ponder Wednesday Morning 4-22-26

Oil Prices Hold Steady Through US-Iran Ceasefire Uncertainty

2026-04-22 Shafaq News   Oil prices were largely flat on Wednesday after rising about $1 at the start of Asian trading, with investors assessing the outlook for U.S.-Iran peace talks following the U.S. extension of a ceasefire.

Brent crude futures were up 3 cents, or 0.02%, at $98.51 a barrel at 0438 GMT, after touching $99.38 per barrel earlier in the session. West Texas Intermediate futures were down 13 cents, or 0.14%, to $89.53 after climbing as high as $90.71 at the open.

Oil Prices Hold Steady Through US-Iran Ceasefire Uncertainty

2026-04-22 Shafaq News   Oil prices were largely flat on Wednesday after rising about $1 at the start of Asian trading, with investors assessing the outlook for U.S.-Iran peace talks following the U.S. extension of a ceasefire.

Brent crude futures were up 3 cents, or 0.02%, at $98.51 a barrel at 0438 GMT, after touching $99.38 per barrel earlier in the session. West Texas Intermediate futures were down 13 cents, or 0.14%, to $89.53 after climbing as high as $90.71 at the open.

Both benchmark contracts rose about 3% on Tuesday.

U.S. President Donald Trump said he would indefinitely extend the ceasefire with Iran, hours before its expiry, to allow talks to ⁠continue to end a war that has killed thousands and shaken the global economy.

The move appeared unilateral, and it was not immediately clear whether Iran, or U.S. ally Israel, would agree to extend the truce, which began two weeks ago.

"With the outcome of talks still unclear and the Strait of Hormuz closed, the market lacks clear direction," said Hiroyuki Kikukawa, chief strategist of Nissan Securities Investment, a unit of Nissan Securities.

"Unless fighting resumes, prices are likely to stay near the current levels for now," Kikukawa said.

Trump also said the U.S. Navy would maintain its blockade of Iran's ports and shore, which Iranian leaders have called an act of war.

There was no immediate comment from Iran's most senior leaders on Trump's ceasefire extension. Tasnim News ⁠Agency, affiliated with Iran's Revolutionary Guards, said Iran had not asked for the extension and repeated its position of breaking the U.S. blockade by force.

Shipping traffic through the Strait of Hormuz, which normally channels about 20% of global oil and liquefied natural gas supplies, remained broadly halted on Tuesday with only three ships passing along the waterway in the past 24 hours, shipping data showed.

Elsewhere, the Israeli military said ⁠Hezbollah fired rockets at its troops in southern Lebanon, accusing the Iran-backed group of violating a ceasefire ahead of U.S.-mediated talks with Lebanon this week. There was no immediate comment from Hezbollah.

In Europe, Ukrainian President Volodymyr Zelenskiy said the Druzhba oil pipeline pumping Russian oil onto ⁠the continent is ready to resume operation. Three industry sources, however, said Russia is set to stop oil exports from Kazakhstan to Germany via the Druzhba pipeline starting on May 1.

Later on Wednesday, the U.S. Energy Information Administration will publish ⁠inventory data.

U.S. crude oil inventory fell by 4.5 million barrels last week after three weeks of gain, while gasoline and distillate stock also declined, market sources said, citing American Petroleum Institute figures on Tuesday.

Analysts estimated a 1.2 million-barrel draw of crude for the week ended April 17.

(Reuters)   https://www.shafaq.com/en/Economy/Oil-prices-hold-steady-through-US-Iran-ceasefire-uncertainty

Basrah Crudes Drop With A Global Decline

2026-04-22 Shafaq News– Basrah   Iraq’s Basrah crude recorded slight losses on Wednesday, with prices easing by around 2% amid a broader downturn in global oil markets.   Basrah Heavy crude fell $1.13 to $112.50 per barrel, and Basrah Medium crude declined $1.13, reaching $114.60 per barrel.

Brent crude dropped 3 cents, or 0.02%, to $98.51 per barrel. US West Texas Intermediate (WTI) slid 13 cents, or 0.14%, to $89.53.https://www.shafaq.com/en/Economy/Basrah-crudes-drop-with-a-global-decline-0

USD/IQD Exchange Rates Tick Up In Baghdad And Erbil

2026-04-22 Shafaq News- Baghdad/ Erbil   The US dollar opened Wednesday’s trading higher in Iraq, hovering around 155,000 dinars per 100 dollars.   According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,750 dinars per 100 dollars, up from the previous session’s 154,100 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,250 dinars and bought it at 154,250 dinars, while in Erbil, selling prices stood at 154,500 dinars and buying prices at 154,350 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-tick-up-in-Baghdad-and-Erbil

Gold Prices Drop In Baghdad, Stabilize In Erbil

2026-04-22 Shafaq News- Baghdad/ Erbil   On Wednesday, gold prices hovered around 1.03 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.035 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.031 million IQD. The same gold had sold for 1.047 million IQD on Tuesday.

The selling price for 21-carat Iraqi gold stood at 1.005 million IQD, while the buying price reached 1.001 million IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.035 million and 1.045 million IQD, while Iraqi gold sold for between 1.005 million and 1.015 million IQD.

In Erbil, 22-carat gold was sold at 1.078 million IQD per mithqal, 21-carat gold at 1.030 million IQD, and 18-carat gold at 883,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-drop-in-Baghdad-stabilize-in-Erbil-9-5

Iraq Rebuts Claims Of Suspended Us Dollar Shipments

2026-04-22 Shafaq News- Baghdad   Iraq has received no official notice indicating a halt in US dollar shipments, an economic expert told Shafaq News on Wednesday, stressing that no supporting information appears on the US Treasury’s website.

According to Mahmoud Dagher, former Director General at the Central Bank of Iraq (CBI), the rumors are being amplified by parties seeking to take advantage of the current media environment as political negotiations over government formation continue.

“While the speculation may weigh on public sentiment, it has not driven any unusual swings in the exchange rate,” he added, noting that current fluctuations remain within a normal range typically associated with periods of regional tension.

Dagher further indicated that physical dollar shipments arriving by air from the United States account for only about 7% of Iraq’s daily dollar needs, while most demand is covered through banking channels and transfers used to finance imports.

Stressing that dollar liquidity remains sufficient to support trade and meet seasonal demand, including that of pilgrims, he described the overall financial situation as relatively stable despite ongoing geopolitical pressures.

Earlier today, the Wall Street Journal reported that the United States blocked the transfer of roughly $500 million in Iraqi oil revenues to Baghdad, pointing to US dissatisfaction over Iraq’s “slow progress” in curbing Iran-aligned armed factions.   https://www.shafaq.com/en/Economy/Iraq-rebuts-claims-of-suspended-US-dollar-shipments

Iraq Rebuts Claims Of Suspended US Dollar Shipments

2026-04-22 Shafaq News- Baghdad   Iraq has received no official notice indicating a halt in US dollar shipments, an economic expert told Shafaq News on Wednesday, stressing that no supporting information appears on the US Treasury’s website.

According to Mahmoud Dagher, former Director General at the Central Bank of Iraq (CBI), the rumors are being amplified by parties seeking to take advantage of the current media environment as political negotiations over government formation continue.

“While the speculation may weigh on public sentiment, it has not driven any unusual swings in the exchange rate,” he added, noting that current fluctuations remain within a normal range typically associated with periods of regional tension.

Dagher further indicated that physical dollar shipments arriving by air from the United States account for only about 7% of Iraq’s daily dollar needs, while most demand is covered through banking channels and transfers used to finance imports.

Stressing that dollar liquidity remains sufficient to support trade and meet seasonal demand, including that of pilgrims, he described the overall financial situation as relatively stable despite ongoing geopolitical pressures.

Earlier today, the Wall Street Journal reported that the United States blocked the transfer of roughly $500 million in Iraqi oil revenues to Baghdad, pointing to US dissatisfaction over Iraq’s “slow progress” in curbing Iran-aligned armed factions.

https://www.shafaq.com/en/Economy/Iraq-rebuts-claims-of-suspended-US-dollar-shipments

Israel Signals ‘Optimism’ For Upcoming Lebanon Talks

2026-04-22 Shafaq News- Middle East   Israel has no “serious disagreements” with Lebanon, Foreign Minister Gideon Saar stated on Wednesday ahead of the next round of talks between Beirut and Tel Aviv scheduled for tomorrow in Washington.

In a statement, Saar characterized Israel’s decision to negotiate directly with Beirut as historic, adding that Lebanon remains a “failed state” under Iranian influence through Hezbollah. Noting that only a few minor border disputes persist and could be resolved, he indicated that Hezbollah continues to stand as “the main obstacle to peace and normalization.”

Thursday’s meeting will mark the second round of ambassador-level talks between Lebanon and Israel, following an initial session on April 14 that represented the first such contact since 1993. The negotiations take place under a US-brokered ceasefire that came into effect on April 17 for an initial 10-day period, with the option of extension by mutual agreement. Under its terms, Beirut must prevent attacks against Israel and ensure its official security forces serve as the sole authority responsible for security, while Israel retains the right to act in “self-defense.”

Despite the ceasefire, Lebanon’s National Council for Scientific Research has documented around 220 Israeli violations, including airspace breaches, artillery fire, airstrikes, and ground activity.

Since hostilities between Israel and Hezbollah began on March 2, Israeli strikes have killed 2,294 people and injured 7,544 others, including 177 children and 274 women among the dead, and 704 children and 1,223 women among the wounded, according to Lebanon’s Health Ministry. Read more: Ceasefire without sovereignty: Lebanon's power blocks peace with Israel

https://www.shafaq.com/en/Middle-East/Israel-signals-optimism-for-upcoming-Lebanon-talks

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Morning 4-22-26

Good Morning Dinar Recaps,

Global Oil Shift: Tankers Reroute to U.S. as Supply Crisis Deepens

Disruptions in Middle East oil flows are driving a surge in demand for U.S. energy exports, reshaping global trade patterns

Good Morning Dinar Recaps,

Global Oil Shift: Tankers Reroute to U.S. as Supply Crisis Deepens

Disruptions in Middle East oil flows are driving a surge in demand for U.S. energy exports, reshaping global trade patterns

OVERVIEW (KEY POINTS)

A major shift is underway in global energy markets as empty oil tankers are increasingly heading to the United States to load crude, driven by severe supply disruptions tied to the Iran conflict and the Strait of Hormuz crisis.

This is happening now because the Strait—responsible for roughly 20% of global oil transit—has been partially blocked, creating one of the largest supply shocks in modern energy history. As a result, global buyers are scrambling for alternative sources.

Key players include the United States, global oil importers in Europe and Asia, and energy markets reacting to supply shortages. The U.S. is emerging as a critical supplier as traditional routes remain unstable.

The broader implication is significant: global energy flows are being rerouted in real time, reinforcing the United States’ role as a swing supplier in times of crisis.

KEY DEVELOPMENTS

1. Surge of Empty Tankers Heading to U.S.

A growing number of oil tankers are repositioning toward U.S. ports.

  • Reports indicate 100+ empty vessels en route to load crude

  • Includes large carriers capable of transporting ~2 million barrels each

2. Strait of Hormuz Disruption Drives Demand

The global energy chokepoint remains unstable.

  • The crisis has removed a major portion of Middle East oil supply from markets

  • Oil prices surged amid fears of prolonged disruption

3. U.S. Oil Becomes Global Alternative Supply

Buyers are shifting away from traditional sources.

  • U.S. crude now trades at a premium in global markets

  • Demand is rising as supply chains adjust to geopolitical risk

4. U.S. Positioned as “Swing Supplier”

Energy markets are rebalancing around U.S. production.

  • U.S. output near 13 million barrels per day supports export capacity

  • Export flows are increasing to stabilize global shortages

WHY IT MATTERS

This shift highlights how quickly global energy systems can reconfigure under stress. When a major supply route is disrupted, markets rapidly seek alternative sources.

For markets, this creates volatility across oil prices, shipping costs, and inflation expectations. Energy remains a foundational input, so disruptions ripple through the entire economy.

For policymakers, the situation reinforces the importance of energy independence and supply flexibility. Countries reliant on imports face heightened vulnerability.

At the system level, this reflects a move toward a more dynamic and reactive global energy network, driven by geopolitical risk rather than stable trade patterns.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • U.S. dollar demand may increase due to oil trade flows

  • Energy-importing currencies may weaken under cost pressure

  • Purchasing power declines in regions facing fuel inflation

  • Capital flows may shift toward energy-exporting economies

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: U.S. Energy Dominance Strengthening

The surge in tanker demand reinforces the United States as a critical global energy supplier, increasing its influence over pricing, trade flows, and financial stability.

  • Pillar 2: Supply Chain Realignment

Global oil logistics are being restructured, accelerating a shift toward diversified sourcing and reduced reliance on single chokepoints, a key step in broader system transformation.

CONCLUSION

The movement of empty tankers toward U.S. ports is not random—it reflects a system-wide adjustment to a major energy disruption. As traditional supply routes falter, the United States is stepping in to fill the gap.

This development highlights the growing importance of flexible supply chains and domestic production capacity in maintaining global stability. It also underscores how quickly geopolitical events can reshape economic flows.

When energy flows shift at scale, the global financial system adjusts with them—and that shift is already underway.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

A Message to Our Currency Holders

If you’ve been holding foreign currency for many years, you were not foolish.

You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:

• Verifiable developments • Institutional evidence

• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Some “Iraq News” Posted by Tishwash at TNT 4-22-2026

TNT:

Tishwash:  The New York Times: The Trump administration is demanding the nomination of a new prime minister for Iraq.

 The newspaper revealed New York Times, that The administration of US President Donald Trump She called for the nomination of a new prime minister in Iraq.

The newspaper quoted an official,Trump administration .It calls for the nomination of a new prime minister for Iraq,” adding, “America has halted security cooperation with Iraq This includes training and financial support.

The official added,Washington It suspended its support and funding for Iraqi security forces. 

TNT:

Tishwash:  The New York Times: The Trump administration is demanding the nomination of a new prime minister for Iraq.

 The newspaper revealed New York Times, that The administration of US President Donald Trump She called for the nomination of a new prime minister in Iraq.

The newspaper quoted an official,Trump administration .It calls for the nomination of a new prime minister for Iraq,” adding, “America has halted security cooperation with Iraq This includes training and financial support.

The official added,Washington It suspended its support and funding for Iraqi security forces. 

The coordination framework held a meeting yesterday, Monday, in Office of the President National Wisdom Movement Mr. Ammar Al-Hakim . The decision on the prime minister candidate has been postponed until tomorrow, Wednesday.  link

Tishwash:  MP: There is no draft budget law for 2026... Finance Ministry focuses on controlling spending

MP Ahmed Haji Rashid confirmed on Monday that there is no draft budget law for 2026 at present, indicating that the legal procedures for its preparation will begin in the middle of next year.

Rashid told the Information Agency, "The preparation of the 2026 budget is not underway now; rather, its outlines and preparation are scheduled to begin in May 2025," explaining that "what is being circulated now is merely speculation."

He added that "there are accurate financial statements issued by the Ministry of Finance and submitted to the Federal Board of Supreme Audit to regulate the current expenditure mechanism," noting that "these procedures aim to ensure transparency in spending while awaiting the legal deadlines for preparing future budgets."   link

************

Tishwash:   An economist reveals the mechanism for distributing Iraqi oil dollars at the US Federal Reserve.

Economic expert Ziad Al-Hashemi revealed on Monday the distribution map of Iraqi oil dollars deposited with the US Federal Reserve, confirming that the hard currency is distributed among 3 main channels: “Iraq 1”, “Iraq 2”, and airborne shipments .

Al-Hashemi said in a post on the “X” platform, which was followed by the “Al-Sa’a” network, that “the funds entering the (Iraq 1) account are used through 3 main channels. The first, which is the largest, is to finance Iraqi commercial transfers related to imports and government and private letters of guarantee, where these transfers are released from the Federal account (Iraq 1) to multiple accounts .”

He added that "the most prominent of these accounts is the JPMorgan account (correspondent bank), which in turn transfers the funds via the SWIFT system to the final beneficiary, which means that the funds remain within the United States and are not received by any Iraqi party within Iraq ."

He added that "the second track relates to delivering limited quantities of cash dollars to the Central Bank of Iraq, to ​​be used for specific purposes such as travel, medical treatment and study, through monitored channels that are subject to multiple audits to ensure their accurate arrival. These funds arrive by air in the form of shipments spaced out over time, with an average of between 250 and 500 million dollars per shipment ."

He pointed out that "the third path is to transfer the surplus achieved, after completing all Iraqi financial obligations, from account (Iraq 1) to account (Iraq 2), to strengthen the Iraqi monetary reserve, protect the value of the dinar and create a financial buffer that supports the economy ."

He explained that “the Federal Reserve’s halt in sending dollars to Iraq only relates to cash shipments, which constitute only about 7% of Iraq’s total dollar holdings resulting from oil sales, while the dollar transfer system for financing trade and imports continues normally and without obstacles .”

He added that "these remittances are subject to strict scrutiny by multiple parties, which makes it extremely difficult for them to reach entities sanctioned by the US," noting that "if the arrival of dollar cash to the Central Bank were to stop, it would have specific effects on travel, treatment and study, but the Central Bank is able to deal with it, but this may be directly reflected in the dollar exchange rate in the parallel market  link

Tishwash:  Purchasing power: A widening gap between income and the cost of living

The gap between monthly income and the cost of living is widening, leading to a sharp decline in purchasing power across all segments of society. This gap is no longer solely linked to prices, but is also intertwined with factors such as market volatility, weak oversight, and the absence of stable economic policies.

At the beginning of each month, the equation for living seems clear to Iraqi families: a fixed salary met with increasing expenses. But as the days pass, this equation quickly becomes unbalanced, turning into an unequal race between limited income and fluctuating prices, leaving many families with only one option: to continually compromise on some of their needs.

A radical change in spending behavior

This shift is no longer just a general impression, but is described by economic researcher Ahmed Eid as a radical change in spending behavior, as he says that “the erosion of the purchasing power of the monthly salary has pushed the Iraqi family to radically change its spending behavior, as the focus has become on necessities only after the decline in the ability to cover the needs of the month.”

With this decline , priorities are no longer the same, as Eid tells “Al-Tareeq Al-Shaab” that “families have turned to reducing luxuries, reducing food quantities, and buying cheaper goods, while postponing many basic expenses,” in a clear attempt to adapt to limited income.

In contrast, the market continues to move at a different pace, as he explains that “rising prices, stagnant wages and weak market oversight have contributed to deepening the income and expenditure gap,” noting that the monthly salary “no longer covers more than a few days,” in the absence of effective measures to control the market and prevent exploitation.

This reality has led many families to rely on temporary solutions, but these carry long-term risks. Eid confirms that “small debts and deferred purchases have become part of the daily economy of the Iraqi family, from shop debts to installments and small loans,” creating a state of social fragility that may worsen with any financial setback.

Regarding solutions, he stresses that alleviating the burden requires “urgent policies that include controlling the prices of basic commodities, activating market oversight, and reconsidering the salary scale in line with the price level,” in addition to “expanding social protection networks and providing productive job opportunities that guarantee a stable income.”

Purchasing power is gradually collapsing

For his part, the head of the Iraqi Center for Human Rights, Ali Al-Abadi, said that the current economic scene is witnessing an increasing and dangerous gap between fixed salary levels and escalating living costs, considering that the wars and tensions witnessed in the region represent the main driver of this decline in purchasing power, given that buying and selling operations internally are linked to the dollar exchange rate, which in turn is subject to international policies, especially those of the United States, which indicates the absence of real sovereignty for the Iraqi economy and its direct impact on external shocks.

Al-Abadi stressed that this reality places the state before its legal responsibilities, as the Iraqi constitution, in its second chapter related to rights and freedoms, obliges the concerned authorities to provide the appropriate environment to ensure a decent income for the citizen, in addition to the moral obligations imposed by the Universal Declaration of Human Rights in its twenty-fifth article, which obliges member states, including Iraq, to ​​secure the basic living requirements of food, medicine and housing for all members of society without exception.

In his reading of the social effects, Al-Abadi explained that the segment of people with special needs and retirees of all kinds, in addition to the laborers, are the groups most affected by the absence of the oversight role, which has not reached the required level, noting that the past hours have witnessed large jumps in the prices of food commodities as a result of the security deterioration and the attack on some outlets, which reflects a close link between security stability and the daily living situation of citizens.

Al-Abadi concluded by calling for the urgent implementation of a package of government measures, accompanied by close monitoring from members of the House of Representatives and provincial councils, and the activation of the role of security agencies specializing in combating economic crime, in order to support those with limited income and low salaries and ensure overcoming the current crisis with the least possible losses at the level of living.

vulnerable groups on the front

Economic observer Abdul Salam Hassan believes that the poor, destitute, and unemployed citizen is “the first loser in the equation of living.”

Hassan confirms that relying on relatives has become an essential means of survival for many , while unemployment and poverty rates remain at high levels approaching thirty percent.

Abdul Salam pointed to the clear contradiction between the living reality and the statements of some politicians, as some continue to deny the existence of poverty in Iraq.

He believes that salaries need to be stabilized and adjusted, noting that some citizens receive low amounts ranging between 120,000 and 170,000 dinars only, even though the Iraqi constitution stipulated raising the standard of living since 2005.

He emphasizes that any disruption to salaries directly impacts the country's stability, as the lack of income leads to the cessation of basic services, such as electricity, forcing citizens to pay for it twice, once to the state and once to their families, as he describes it.

As for the price increases, Abdel Salam describes the phenomenon as an “economic crisis,” where the greatest burden is borne by poor consumer families, without taking into account the impact of wars, taxes and fees on purchasing power.

The researcher suggests practical solutions to support the citizen, such as pricing the seven basic commodities through government outlets designated for the poor, with quotas distributed monthly or every two months, to avoid any disruption in distribution and reduce corruption.

He also emphasizes the importance of supporting the private sector and enabling citizens to open small businesses at nominal rental prices, in order to provide job opportunities for graduates and reduce unemployment.

Abdul Salam concludes by saying: “Iraq is full of resources, and there is no need for the poor to be victims of the current economic system. Solutions exist, but they require a genuine political will to implement them.”  link



Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News And Points To Ponder Tuesday Evening 4-21-26

US Halts Dollar Shipments, Restricts Transfers To Iraq: Sources

Apr. 21, 2026    ERBIL, Kurdistan Region of Iraq – The United States has imposed two major economic sanctions on Iraq, halting dollar cash shipments linked to oil revenues and suspending dollar transfers to and from the country, informed officials said on Tuesday.   Two senior officials from the Kurdistan Region and the Iraqi government, in exclusive remarks to The New Region, said that Washington has recently imposed two new sanctions on Baghdad. 

US Halts Dollar Shipments, Restricts Transfers To Iraq: Sources

Apr. 21, 2026    ERBIL, Kurdistan Region of Iraq – The United States has imposed two major economic sanctions on Iraq, halting dollar cash shipments linked to oil revenues and suspending dollar transfers to and from the country, informed officials said on Tuesday.   Two senior officials from the Kurdistan Region and the Iraqi government, in exclusive remarks to The New Region, said that Washington has recently imposed two new sanctions on Baghdad. 

The first sanction involves halting formal cash shipments of dollars and oil revenues to the country, a decision that went into effect “immediately.” 

Meanwhile, the second sanction, which concerns the suspension of dollar transfers to and from the country, has not yet been implemented. 

However, the Central Bank of Iraq (CBI) denied the reports, asserting that dollar shipments from the US Federal Reserve to Iraq are ongoing. 

The New Region reached out to the US Department of State, which advised contacting the Treasury Department and attached a previous statement attributed to Tommy Pigott, the State Department’s Principal Deputy Spokesperson. 

The statement highlighted Baghdad’s “failure” to prevent attacks on US interests inside Iraqi territory, while claiming that “some elements associated with the Iraqi government” provide political and financial support to militias carrying out the attacks. 

“The United States will not tolerate attacks on US interests and expects the Iraqi government to immediately take all measures to dismantle the Iran-aligned militia groups in Iraq,” the statement added. 

The New Region also contacted the Treasury Department, but they were not immediately available. 

On Friday, the US Treasury Department announced sanctions targeting seven pro-Iran Iraqi militia commanders “responsible for planning, directing, and executing attacks” against US personnel and interests in the country. 

Earlier this month, the US summoned Iraq’s ambassador to Washington to condemn the attacks by the pro-Iran militias, warning that the ongoing violence is negatively affecting relations between Washington and Baghdad. 

In October, CBI issued a new set of measures to tackle the prevalence of foreign currency smuggling and money laundering, which were set to take effect starting in November and included forcing business people to submit detailed receipts of purchases made abroad before the transfer of money outside of Iraq. 

The measures come after the US Department of the Treasury announced the imposition of sanctions on three Iraqi bank executives in October, accusing them of laundering money for Iran's Islamic Revolutionary Guard Corps (IRGC) and Iran-backed armed groups in Iraq.    https://thenewregion.com/posts/5157

News: The United States Halts Dollar Shipments To Iraq

Published on: April 20, 2026, Follow-up/Al-MadaInformed sources revealed today that the United States has halted dollar shipments to Iraq and linked their resumption to the formation of the new government, in a move that reflects escalating political and security pressures between the two sides.

Sources reported that Washington also decided to suspend security coordination meetings until the parties involved in targeting the US embassy and the logistics support base at Baghdad International Airport are identified.

She added that the US administration also froze funding for a number of Iraqi security institutions, as part of escalating measures related to the security situation.

These developments come after a series of attacks targeting American diplomatic sites, including the embassy in Baghdad, the consulate in Erbil, and the Diplomatic support Center, with those attacks attributed to armed factions loyal to Iran, some of which are within the Popular Mobilization Forces.

These attacks have escalated since the outbreak of the confrontation between the United States and Israel on one side, and Iran on the other, in late February, further complicating the security situation in Iraq. https://almadapaper.net/432658/

Breaking | Washington Has Halted Dollar Shipments To Iraq Until A New Iraqi Government Is Formed

Capitals/ Iraq Observer Follow-up   Saudi Arabia’s Al-Hadath TV quoted American sources as saying that Washington has decided to halt dollar shipments to Iraq until a new Iraqi government is formed.

Iraq periodically receives shipments of its oil sales proceeds in dollars from the US Federal Reserve, to which these funds are transferred every two months, as part of an Iraqi-American agreement to protect Iraqi funds from claims by international creditors.

Washington is pressing hard to prevent the formation of an Iraqi government loyal to Iran, and US President Donald Trump has officially announced his opposition to the nomination of former Iraqi Prime Minister Nouri al-Maliki.

Iranian Quds Force commander Esmail Qaani publicly visited Iraq just two days before a planned meeting tonight of the coordination framework to nominate the name of the new prime minister.

https://observeriraq.net/عاجل-واشنطن-أوقفت-شحنات-الدولار-للعرا/

Iraqi Central Bank Denies Reports Of US Dollar Shipment Suspension Amid Rising Tensions

The denial followed reports by the broadcaster Al-Hadath on Monday, which claimed that Washington had suspended all currency transfers and formal security coordination with Iraq following a series of aggressive diplomatic and legal moves by the U.S. State Department.

2026-04-20 15:30   The Central Bank of Iraq (CBI) issued a statement on Monday rejecting reports that the United States has halted shipments of physical U.S. dollars to Baghdad, pushing back against claims of a financial freeze circulating in regional media.

The denial followed reports by the broadcaster Al-Hadath on Monday, which claimed that Washington had suspended all currency transfers and formal security coordination with Iraq following a series of aggressive diplomatic and legal moves by the U.S. State Department.

The conflicting reports emerge during a period of high-stakes political horse-trading in Baghdad.

While the CBI maintains that the flow of currency from the Federal Reserve Bank of New York remains uninterrupted, the rumors of a "dollar crunch" have already rippled through Iraqi markets.

These developments follow a Friday announcement from the U.S. State Department sanctioning seven senior commanders of Iran-aligned militias, a move that analysts suggest is part of a broader American effort to pressure Iraqi political leaders into excluding paramilitary figures from the next government and implementing a comprehensive disarmament plan.

The friction between media reports of a financial halt and the Iraqi government’s official denial underscores the precarious nature of Iraq’s economic sovereignty.

Even if shipments continue, the mere suggestion of their suspension serves as a potent tool of political signaling. In a country where the daily dollar auction at the Central Bank dictates the price of bread and fuel, the threat of currency withholding represents the ultimate "nuclear option" for Washington.

By linking the availability of cash to the exclusion of sanctioned militia leaders from the executive branch, the U.S. is testing the structural limits of the Iraqi state’s dependence on the American financial system.

According to the reports from Al-Hadath on Monday, the alleged suspension of dollar shipments and security ties was intended as a direct response to the continued presence and influence of "terrorist militias" within the Iraqi state apparatus.

The broadcaster cited sources stating that Washington’s cooperation is now contingent upon the formation of a government that provides a transparent account of those involved in recent attacks against U.S. facilities.

However, the Central Bank’s rebuttal was explicit: it characterized these reports as inaccurate and insisted that the institutional mechanisms for currency transfer remain operational and aligned with international standards.

The underlying tension was codified on April 17, when Thomas "Tommy" Pigott, the Principal Deputy Spokesperson for the U.S. State Department, announced sanctions against seven commanders of what he termed "reprehensible Iran-backed terror groups."

These groups include Kata’ib Hizballah, Kata’ib Sayyid Al-Shuhada, Harakat Al-Nujaba, and Asa’ib Ahl al-Haqq (AAH). Pigott stated that these commanders "exploit [Iraq’s] resources to fund terrorism" and called on Iraqi authorities to "take immediate steps to dismantle these groups."

This institutional pressure is not happening in a vacuum.

According to The Financial Times, U.S. officials have been warning Iraqi leaders for weeks that the inclusion of militia-aligned figures in the government—specifically citing the election of AAH political leader Adnan Fayhan as first deputy speaker of parliament—is "incompatible" with the U.S.-Iraq partnership.

Washington’s grievances center on the "Coordination Framework," the dominant Shiite political alliance currently tasked with forming the next government. 

The alliance includes several factions that the U.S. maintains have direct ties to the Iranian regime.

The institutional context of this dispute is rooted in a post-2003 arrangement where Iraq’s oil revenues are deposited at the New York Fed.

To facilitate domestic liquidity, the U.S. Treasury facilitates the delivery of physical dollar pallets to Baghdad. If this supply were truly halted, as Al-Hadath reported, the Central Bank would be unable to sustain the currency auctions that prevent the Iraqi Dinar from entering a hyper-inflationary spiral.

A similar temporary halt in 2015, triggered by concerns over cash flowing to ISIS and sanctioned entities in Iran, led to immediate market instability.

While the CBI denies a current halt, the threat remains a central component of the diplomatic landscape.

The security dimension is equally strained.

On Monday, the U.S. Embassy in Baghdad issued a Level 4 Security Alert, maintaining its "Do Not Travel" advisory.

The embassy warned that militias continue to plan attacks against U.S. targets across the country. Despite the reopening of Iraqi airspace for commercial travel, the mission warned of the ongoing risk of drones and projectiles.

"Iran-aligned Iraqi terrorist militias continue to plan additional attacks against U.S. citizens and U.S.-linked targets throughout Iraq, including the Iraqi Kurdistan Region. Some entities associated with the Iraqi government continue to actively provide political, financial, and operational cover for these terrorist militias," the statement read.

The reported suspension of security coordination—if confirmed despite the government’s pushback—would leave Iraqi forces without critical intelligence-sharing channels at a moment of heightened regional volatility.

"Iraqi airspace has been reopened, and limited commercial flights have resumed. U.S. citizens considering air travel through Iraq should be aware of the ongoing risks of missiles, drones, and projectiles in Iraqi airspace," the statement added.

The U.S. Mission in Iraq stressed on "its operations despite the Ordered Departure status, in order to assist U.S. citizens in Iraq. Do not attempt to travel to the Embassy in Baghdad or the Consulate General in Erbil due to significant security risks."

Stakeholders in Baghdad are currently navigating these contradictory signals with extreme caution.

The Coordination Framework has reportedly discussed the possibility of replacing Adnan Fayhan in his parliamentary post to appease Washington.

However, the demand for immediate disarmament remains a significant impasse. The militias argue that they are a legitimate part of the state security apparatus under the Popular Mobilization Forces (PMF), a legal entity created by the Iraqi parliament.

The structural implication of this standoff is a deepening crisis of governance. Washington appears to be using its control over the dollar supply to force a decoupling of the Iraqi state from the paramilitary groups that helped it survive the war against ISIS.

This policy treats the Iraqi financial system not merely as a partner, but as a lever for regional containment. For the Iraqi government, the challenge is to maintain the CBI's credibility and the flow of dollars while managing a domestic political coalition that relies on the very groups Washington is seeking to dismantle.

As of Monday evening, the market value of the Dinar showed signs of volatility despite the Central Bank's denial, reflecting the public's anxiety over the conflicting reports.

The next steps for the Iraqi political class involve a delicate balancing act: providing enough concessions on government appointments and militia disarmament to satisfy the U.S. Treasury, while avoiding a domestic security crisis with the PMF. For now, the pallets of cash may still be arriving, but the conditions attached to them have never been more stringent.

https://www.kurdistan24.net/en/story/909232/washington-suspends-dollar-shipments-and-security-ties-amid-crackdown-on-militia-commanders

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Tuesday Evening 4-21-26

Good Evening Dinar Recaps,

BRICS Payment Shift: India Pushes Digital System to Bypass Dollar

India’s proposal for a BRICS-wide payment network signals accelerating efforts to reduce reliance on the U.S. dollar in global trade

Good Evening Dinar Recaps,

BRICS Payment Shift: India Pushes Digital System to Bypass Dollar

India’s proposal for a BRICS-wide payment network signals accelerating efforts to reduce reliance on the U.S. dollar in global trade

OVERVIEW (KEY POINTS)

India is preparing to propose a BRICS cross-border payment system modeled after Brazil’s PIX, aiming to enable real-time transactions between member nations without relying on the U.S. dollar. The initiative focuses on connecting central bank digital currencies (CBDCs) across the bloc.

This is happening now as BRICS nations continue efforts toward de-dollarization, seeking greater control over trade settlements and financial infrastructure. Rising geopolitical tensions and sanctions risk have accelerated interest in alternative payment systems.

Key players include India, Brazil, China, Russia, and other BRICS members, along with central banks exploring digital currency integration. The proposal is expected to be a central topic at the upcoming BRICS summit in New Delhi.

The broader implication is significant: a successful BRICS payment system could reshape global transaction flows, reducing dependence on Western-controlled financial networks.

KEY DEVELOPMENTS

1. India Proposes BRICS Payment System Modeled on PIX

India plans to introduce a real-time payment framework for BRICS nations.

  • Inspired by Brazil’s PIX system, known for instant transfers

  • Designed to enable direct central bank-to-central bank settlement

2. Focus on CBDC Interoperability

The system would connect national digital currencies.

  • Built on interoperable central bank digital currencies (CBDCs)

  • Aims to streamline cross-border trade and financial flows

3. Dollar Bypass Strategy Gains Momentum

The initiative supports ongoing de-dollarization efforts.

  • Reduces reliance on the U.S. dollar for settlements

  • Encourages use of local currencies in trade agreements

4. BRICS Summit to Address Financial Integration

The proposal will be discussed at the upcoming 2026 summit.

  • India’s chairmanship places it at the center of policy direction

  • Financial cooperation is a key agenda priority

5. Western Response and Market Implications

The move is drawing attention from global markets.

  • Concerns over fragmentation of global payment systems

  • Potential impact on currency dominance and trade flows

WHY IT MATTERS

This development reflects a strategic shift in global financial infrastructure. Payment systems are foundational to trade, and changing how transactions are settled can alter currency demand and global liquidity flows.

Markets may respond to the possibility of reduced dollar usage, particularly if large economies adopt alternative systems at scale. This could influence exchange rates, capital allocation, and reserve strategies.

For policymakers, the emergence of parallel systems introduces complexity. Coordination becomes more difficult as multiple financial networks operate simultaneously.

At the system level, this signals movement toward a multi-network global economy, where financial power is more distributed.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Currency demand may shift as trade moves away from the dollar

  • Exchange rates could become more volatile during transition

  • Purchasing power may fluctuate based on currency usage in trade

  • Capital flows may diversify across multiple financial systems

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Payment System Decentralization

The development of a BRICS payment network reflects a move toward decentralized transaction infrastructure, reducing reliance on traditional global systems and increasing financial independence.

  • Pillar 2: Digital Currency Integration

Linking CBDCs across nations represents a technological shift in monetary systems, enabling faster, direct settlement and reshaping how cross-border finance operates.

CONCLUSION

India’s proposal marks a significant step in the evolution of global payment systems. By focusing on speed, efficiency, and independence, BRICS nations are positioning themselves to reshape how international trade is conducted.

This is not just about technology—it is about control over financial flows and strategic autonomy. As more countries explore similar systems, the global financial landscape may become increasingly fragmented.

The outcome of the BRICS summit will be closely watched, as it could define the next phase of cross-border financial integration and competition.

When payment systems change, the structure of global finance changes with them.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Read More
Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

Ariel: Rounding off the Centerpoint (and more)

Ariel: Rounding off the Centerpoint

4-21-2026

Iraq Is Wearing A Face That Doesn’t Belong To Them

The Claude Mythos Wild Card In More Detail

Claude Mythos isn’t some polite lab toy folks. Anthropic dropped this frontier beast in early April 2026 as a limited-preview monster under Project Glasswing. It autonomously rips through code like a chainsaw through wet paper discovering and chaining thousands of high-severity zero-day vulnerabilities across every major operating system and web browser.

Ariel: Rounding off the Centerpoint

4-21-2026

Iraq Is Wearing A Face That Doesn’t Belong To Them

The Claude Mythos Wild Card In More Detail

Claude Mythos isn’t some polite lab toy folks. Anthropic dropped this frontier beast in early April 2026 as a limited-preview monster under Project Glasswing. It autonomously rips through code like a chainsaw through wet paper discovering and chaining thousands of high-severity zero-day vulnerabilities across every major operating system and web browser.

 We’re talking decades-old rot: a 27-year-old bug in OpenBSD that survived endless audits, a 16-year-old slice in FFmpeg that fuzzers hit millions of times without spotting the exploit path, memory corruption in “secure” virtual machine monitors, and remote code execution flaws that hand root access to unauthenticated attackers.

The Direct Link to Currency Revaluation and Forex Migration

The global currency reset moving suppressed or distorted currencies toward tradable forex windows, tokenized rails, ISO 20022 migration, and on-chain auditability relies on exactly these vulnerable legacy systems for settlement, payroll processing, exchange mechanisms, and compliance rails. Mythos exposes the fragility at the worst possible moment for holdouts but at the best possible moment for the White Hat compression.

The Double-Dip Opportunity and Sequencing

Holders of other suppressed currencies (IQD, potentially IRR) watch closely.

A clean Venezuela forex window or rate adjustment doesn’t automatically “double dip” mechanically these are sovereign decisions tied to oil revenue, reserves, IMF/World Bank re-engagement (already resuming dealings with Venezuela), and bilateral U.S. licenses (recent GL 56/57 authorizations).

But it does compress timelines elsewhere by showing the reset path works when nodes are cleared: remove militia/government capture (Iraq-style dollar cutoff pressure), reclaim energy leverage (Hormuz/Iran playbook), force cyber hygiene (Mythos wildcard), and migrate to transparent mechanisms that starve old cutouts.

Bottom line, Mythos isn’t delaying the reset — it’s turbocharging the sequencing. Legacy opacity d--s faster when AI forces the world to patch or perish. Countries like Venezuela get the runway to deliver…

Read Full Article:    https://www.patreon.com/posts/geopolitical-off-156121646

https://dinarchronicles.com/2026/04/20/prolotario-rounding-off-the-centerpoint/

Ariel:  Majeed is on the Money here

4-21-2026

I Want To Further Expound Upon This

Majeed KSA:  this is actually a solid scenario. Let’s walk through it logically, not politically.

The key constraint If Venezuela wants new wages paid on May 1 using a new rate, then:

* Banks

* Payroll systems

* Government payment systems

 * Exchange mechanisms all need time to process the new rate before salaries are calculated and paid.

And historically, even in Venezuela, these changes are never same-day—banks need lead time to adjust systems and distribute changes .

So when should they do it? Realistic answer: They should change the rate at least several days to 2 weeks before May 1.

 ⸻Why? Think of the sequence:

1. Day 0 (rate change announced & activated)

* Central bank updates official rate

 * Financial system begins adjusting 2. + few days

* Banks, ATMs, payroll systems sync

* Businesses update pricing and accounting 3. Before payroll cutoff

* Government calculates salaries based on new rate 4. May 1

* Salaries are paid correctly under the new system

The critical cutoff Most payroll systems don’t calculate salaries on the same day—they’re usually processed a few days in advance. So if salaries are paid May 1, calculation likely happens around:April 25–28 (rough estimate)  

Conclusion (clean answer) To safely increase wages by May 1: The exchange rate should be changed no later than mid–late April (around April 15–20) Absolute latest (risky): ~April 25 Ideal (stable rollout): 2 weeks before → around April 15

Majeed Is On The Money Here

Especially given the recent urgent meetings regarding Claude Mythos virus that banks are preparing for. This will further expedite the revaluation process.

Any legacy payroll or banking software running on outdated OS/browser stacks (common in emerging markets under prior isolation) now faces accelerated risk of cascading exploits during the sensitive transition window.

Bad actors could weaponize zero-days to disrupt salary disbursements, manipulate exchange data, or siphon liquidity right as the “more bang for the buck” rollout hits. That forces faster hardening prioritizing defensive patching via Glasswing partners (Palo Alto, CrowdStrike, etc.) and migration to auditable, on-chain or modernized rails.

Now you understand why POTUS kept mentioning they need to flip the switch. This is exactly what this means for the new financial platform or system necessary to combat this exploit.

Also if Venezuela aims to roll out new wages or payments around May 1 (Labor Day timing for political punch) using an improved or revalued rate, the systems need lead time.

Banks, government payroll platforms, central bank exchange windows, and private-sector payment processors must update rate tables, test settlement flows, recalibrate compliance checks, and distribute changes without triggering runs, black-market chaos, or exploit windows.

Watching this play out in this manner is unbelievable.

The global currency reset moving suppressed or distorted currencies toward tradable forex windows, tokenized rails, ISO 20022 migration, and on-chain auditability relies on exactly these vulnerable legacy systems for settlement, payroll processing, exchange mechanisms, and compliance rails. Mythos exposes the fragility at the worst possible moment for holdouts but at the best possible moment for the US Military/White Hat compression plan.

One thing about this Claude Mythos thing and where Iraq is in their monetary reforms is extremely critical given that their current goal is to bring confidence to their currency. Well guess what Iraqi banking systems often run on patched-but-vulnerable OS stacks or outdated middleware.

Mythos is said to chain remote code execution to manipulate auction data in real time inflating/deflating bids, injecting ghost transactions, or draining liquidity during high-volume windows.

Which means a successful hit during a sensitive reform phase that they are now in triggers immediate black-market premium spikes and erodes trust in the dinar. This is why POTUS is pushing them to get this done because they are totally oblivious to the seriousness of what This can do. Because they are still moving aa if we didn’t invest billions into their new banking system that was created to help them face these types of challenges.

But they want to play politics and come out and deny what Washington did by pulling all USD shipments. Internally when it comes to State salaries, pensions, and military payouts rely on centralized platforms tied to legacy databases. Mythos finds auth bypass or destructive DoS flaws, then escalates to alter rate tables or freeze disbursements. In a redenomination scenario (removing zeros internally), this could corrupt conversion logic, create double-spend chaos, or leak sensitive holder data.

The dollar shipment suspension already starves liquidity add Mythos exploitation and you get cascading bank runs or militia-linked skims going haywire. This is why I keep telling you all we are on a unpredictable timeline.

Source(s):  • https://x.com/Prolotario1/status/2046359788389356005

https://dinarchronicles.com/2026/04/21/prolotario-majeed-is-on-the-money-here/



Read More
Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

The US Just Turned up the Pressure on the Dinar

The US Just Turned up the Pressure on the Dinar

Dinar For Dummies:  4-21-2026

The geopolitical landscape in the Middle East is shifting, and for investors in the Iraqi dinar, these changes are more significant than ever.

A recent deep dive by Stephen, an entrepreneur and long-time investor in the dinar, sheds light on a high-stakes standoff between the United States and Iraq that could fundamentally alter the nation’s currency stability and sovereign future.

The US Just Turned up the Pressure on the Dinar

Dinar For Dummies:  4-21-2026

The geopolitical landscape in the Middle East is shifting, and for investors in the Iraqi dinar, these changes are more significant than ever.

A recent deep dive by Stephen, an entrepreneur and long-time investor in the dinar, sheds light on a high-stakes standoff between the United States and Iraq that could fundamentally alter the nation’s currency stability and sovereign future.

At the core of the discussion is a startling development: reports that the United States has halted shipments of U.S. dollars to Iraq. According to Stephen, this move is a direct response to the presence of Iranian-backed militia members within the Iraqi government and parliament.

For years, the U.S. has maintained a firm stance on Iraq’s sovereignty, but this latest maneuver signals a major escalation. By leveraging its financial influence—specifically the flow of physical U.S. dollars that Iraq relies on to pay government salaries, manage its budget, and stabilize its currency—the U.S. is effectively pressuring Baghdad to purge Iranian influence from its ranks.

The gravity of this situation cannot be overstated. Iraq’s economy is heavily dependent on this supply of U.S. currency. Stephen warns that a prolonged suspension of dollar shipments could have catastrophic repercussions.

While the Central Bank of Iraq has publicly denied rumors of a halt in dollar shipments, Stephen urges investors to look beyond official statements. In the murky waters of international finance and geopolitics, government denials are common, even when reports on the ground suggest an entirely different reality.

Stephen views these tensions as part of a broader, more aggressive U.S. strategy to restore Iraqi sovereignty. By using both economic pressure and military deterrence, the U.S. appears to be signaling that the status quo—where Iranian-backed elements hold sway over Iraqi policy—is no longer acceptable.

This is compounded by rising tensions between the U.S. and Iran. With a ceasefire agreement expiring and hostile rhetoric escalating, the potential for renewed military action is a factor that every investor needs to monitor closely.

Despite the potential for short-term chaos, Stephen offers a more optimistic long-term outlook.

 He suggests that this intense external pressure may be the “tough love” required to force Iraq into genuine monetary reform.

By eliminating Iranian interference, the path could finally be cleared for a more stable, independent, and modernized Iraqi financial system—a prerequisite for any potential revaluation of the Iraqi dinar.

Geopolitics and currency investing go hand-in-hand when it comes to the Iraqi dinar. As the situation evolves, it is crucial to stay informed through independent verification and expert analysis.

https://www.youtube.com/watch?v=EjKC-WFkp5U


Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 4-21-26

Good Afternoon Dinar Recaps,

Oil Shock Intensifies: Strait Disruption Pushes Global System Toward Instability

Escalating geopolitical tensions and energy supply disruptions are driving inflation risks, market volatility, and structural financial pressure

Good Afternoon Dinar Recaps,

Oil Shock Intensifies: Strait Disruption Pushes Global System Toward Instability

Escalating geopolitical tensions and energy supply disruptions are driving inflation risks, market volatility, and structural financial pressure

OVERVIEW (KEY POINTS)

A renewed escalation in the Middle East has triggered fresh disruptions in the Strait of Hormuz, sending oil prices sharply higher and increasing uncertainty across global markets. This chokepoint handles a significant share of global energy supply, making any disruption immediately impactful.

This is happening now because ceasefire negotiations are deteriorating, with shipping activity slowing and supply flows tightening. The result is a rapid repricing of energy risk, with oil climbing back toward $95–$100 per barrel in a matter of days.

Key players include the United States, Iran, global energy markets, and central banks monitoring inflation and growth risks. Their responses are shaping expectations around interest rates, liquidity, and economic stability.

The broader implication is clear: energy-driven shocks are once again testing the resilience of the global financial system, increasing the likelihood of systemic strain and policy shifts.

KEY DEVELOPMENTS

1. Strait of Hormuz Disruption Tightens Global Supply

Oil transit through a critical global chokepoint has been significantly impacted.

  • Shipping activity has slowed as tensions escalate

  • A major portion of global oil flow is now at risk of interruption

2. Oil Prices Surge on Escalation Fears

Energy markets reacted immediately to renewed uncertainty.

  • Brent crude climbed toward $95–$100 per barrel

  • Daily price spikes reached 5–7%, reflecting supply concerns

3. Global Markets Show Rising Volatility

Financial markets are adjusting to increased geopolitical risk.

  • Equity markets declined while safe-haven demand increased

  • Investor sentiment weakened amid uncertainty over conflict outcomes

4. Central Bank Policy Pressure Intensifies

Monetary authorities face growing constraints.

  • Rising energy prices threaten higher inflation expectations

  • Political pressure is increasing for rate cuts despite inflation risk

WHY IT MATTERS

This development highlights how quickly energy shocks can ripple through the entire financial system. Oil price increases directly impact inflation, production costs, and consumer spending, amplifying economic instability.

Markets are becoming more reactive to geopolitical developments, creating heightened volatility across commodities, equities, and currencies. This reduces predictability and complicates investment decisions.

For policymakers, the situation creates a difficult balancing act. Efforts to control inflation may conflict with the need to support economic growth, increasing the risk of policy missteps.

At the system level, this reinforces a growing trend: external shocks are driving financial conditions more than internal policy decisions.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Currencies of energy-importing nations may weaken under rising costs

  • Purchasing power declines as fuel-driven inflation increases

  • Capital flows shift toward stable or resource-backed economies

  • Exchange rate volatility rises, reducing predictability

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Energy-Driven Inflation Regime

Persistent supply disruptions are reinforcing a system where inflation is driven by external shocks, limiting central bank control and increasing systemic stress.

  • Pillar 2: Strategic Supply Vulnerability

Dependence on critical trade routes like the Strait of Hormuz exposes the system to single-point failure risks, accelerating the need for diversification and structural realignment.

CONCLUSION

The latest escalation confirms that the global economy remains highly sensitive to energy and geopolitical disruptions. A single chokepoint event has once again triggered widespread financial consequences.

As markets react to rising uncertainty, policymakers are being forced into increasingly complex decisions with fewer effective tools. This environment heightens the risk of instability across multiple sectors.

The combination of energy volatility, policy pressure, and geopolitical uncertainty is creating conditions that historically precede major financial shifts.

When energy supply becomes unstable, the entire financial system is forced to adjust—and that pressure is building.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Taboola the same on the Bottom of Posts
Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News And Points To Ponder Tuesday Afternoon 4-21-26

Oil retreats from Monday surge on optimism over Hormuz Strait reopening

2026-04-21 Shafaq News   il prices fell on Tuesday, reversing gains in the previous session, on ‌expectations peace talks between the U.S. and Iran will take place this week and allow more supply to flow from the key Middle East producing region.   Brent crude futures declined 54 cents, or 0.6%, at $94.94 a barrel at 0300 GMT. U.S. West Texas Intermediate (WTI) for May fell $1.11, or 1.2%, to $88.50. The May contract expires on Tuesday and the more-active June ​contract was down 76 cents, or 0.9%, at $86.66.

Oil retreats from Monday surge on optimism over Hormuz Strait reopening

2026-04-21 Shafaq News   il prices fell on Tuesday, reversing gains in the previous session, on ‌expectations peace talks between the U.S. and Iran will take place this week and allow more supply to flow from the key Middle East producing region.   Brent crude futures declined 54 cents, or 0.6%, at $94.94 a barrel at 0300 GMT. U.S. West Texas Intermediate (WTI) for May fell $1.11, or 1.2%, to $88.50. The May contract expires on Tuesday and the more-active June ​contract was down 76 cents, or 0.9%, at $86.66.

Both benchmarks surged on Monday, with Brent up 5.6% and WTI up 6.9%, after Iran again ​shut the Strait of Hormuz, closing the key oil transport artery, and the U.S. seized an Iranian cargo ship as part of its blockade of the country's ports.

Still, investors are focusing on the likelihood talks this week ​will result in the extension of the existing ceasefire or a final agreement, though the chance of further conflict and disruptions to ​oil flows remains.

"While energy markets popped higher yesterday following Iran's decision to reverse its opening of the Strait of Hormuz, they're still trading in a manner which suggests optimism over U.S.-Iran talks," said ING analysts in a note.

"But we believe markets are underpricing the ongoing supply disruption. Optimism appears ​to be clouding the reality of the supply shock."

Iran is weighing participation in peace talks in Pakistan, a senior Iranian official told ​Reuters on Monday, following Islamabad's efforts to end the U.S. blockade.

The blockade has posed a major hurdle to Tehran rejoining peace efforts, with the current two-week ceasefire set to expire this week.

"We continue to lean toward an MOU being signed and/or the ceasefire being extended this week, potentially evolving into a broader agreement," Citi analysts said in a note. "That said, we remain prepared to pivot toward a more protracted disruption scenario should negotiations falter this week."

Underscoring the uncertainty around the talks, the Iranian official stressed that no decision has been ​made to attend, as Iranian ​Foreign Minister Abbas Araqchi said "continued ⁠violations of the ceasefire" by the U.S. is a hindrance to further negotiations.

Separately, Iran's top negotiator and Speaker of Parliament Mohammad Baqer Qalibaf reiterated that Tehran would not negotiate under threats.

Shipping activity through ​the Strait of Hormuz, a corridor for about one-fifth of the world's oil supply, remained limited on ​Monday.

If disruptions to ⁠the strait persist for another month, total losses could rise to about 1.3 billion barrels, with prices likely near $110 a barrel in the second quarter of 2026, Citi said.

Kuwait declared force majeure on oil shipments due to the strait's blockade, Bloomberg News reported.

The higher prices caused ⁠by the ​closure of the strait have cut oil demand by about 3% so far,​analysts at Societe Generale said in a client note.

The risk is "skewed toward larger losses the longer normalisation is delayed," it said, adding it expects "full normalisation" to ​supply only by late 2026.   (Reutershttps://www.shafaq.com/en/Economy/Oil-retreats-from-Monday-surge-on-optimism-over-Hormuz-Strait-reopening

Iraqi Oil Prices Drop More Than 2%, Tracking Global Energy Retreat

2026-04-21 Shafaq News- Baghdad   Iraqi crude prices fell more than 2% on Tuesday, tracking a broader decline in global energy markets as expectations of renewed US-Iran peace talks weighed on oil sentiment.

Market data showed Basrah Heavy crude losing $2.96 to settle at $113.63 per barrel, while Basrah Medium fell 2.49% to $115.73 per barrel.

Prices retreated from gains recorded in the previous session after reports emerged that US-Iran negotiations could take place this week, a development that raised the prospect of additional Iranian crude entering global supply from one of the Middle East's key production zones.

Iraq prices its crude differently by destination —benchmarked against Dubai/Oman for Asia, Brent for Europe, and WTI for the United States. https://www.shafaq.com/en/Economy/Iraqi-oil-prices-drop-more-than-2-tracking-global-energy-retreat

Oil Majors Shift Investment Away From Middle East Amid Rising Risks

2026-04-20 Shafaq News- Middle East   Global oil companies are redirecting investments toward Africa and South America as repeated instability in the Middle East, most recently the war involving US, Israel, and Iran, raises risks to profitability, according to CNBC Arabia.

US firms ExxonMobil and Chevron, along with Britain’s BP and France’s TotalEnergies, are investing billions of dollars in new exploration projects outside the region to reduce exposure to conflict and capitalize on higher oil prices.

ExxonMobil is considering a $24 billion investment in deepwater oil fields in Nigeria, while Chevron has expanded its presence in Venezuela through asset swap deals. BP has acquired stakes in offshore fields in Namibia, and TotalEnergies has signed an exploration agreement with Turkiye. Consultancy Wood Mackenzie estimates these projects could generate up to $120 billion in value in the coming years.

Recent attacks on energy infrastructure and disruptions in the Strait of Hormuz have led to billions of dollars in losses for Western companies. ExxonMobil said its global production fell 6% in the first quarter, with potential annual losses of up to $5 billion linked to damage to gas facilities in Qatar.

Companies are increasingly targeting Africa, South America, and the eastern Mediterranean to offset risks, as the industry seeks to add around 300 billion barrels to global reserves by 2050 to meet demand.

Chevron is also preparing exploration projects in Egypt, Greece, and Libya, while strengthening its position in the Gulf of Mexico and securing additional stakes in heavy oil projects in Venezuela.

https://www.shafaq.com/en/Economy/Oil-majors-shift-investment-away-from-Middle-East-amid-rising-risks

USD/IQD Exchange Rates Climb In Baghdad And Erbil

2026-04-21 Shafaq News- Baghdad/ Erbil   The US dollar opened Tuesday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,100 dinars per 100 dollars, up from the previous session’s 153,100 dinars.

In the Iraqi capital, exchange shops sold the dollar at 154,500 dinars and bought it at 153,500 dinars, while in Erbil, selling prices stood at 154,050 dinars and buying prices at 153,950 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-climb-in-Baghdad-and-Erbil-2

Gold Prices Edged Higher In Baghdad, Erbil

2026-04-21 Shafaq News- Baghdad/ Erbil   On Tuesday, gold prices hovered around 1.05 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.047 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.043 million IQD.

The selling price for 21-carat Iraqi gold stood at 1.017 IQD, while the buying price reached 1.013 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.050 million and 1.060 million IQD, while Iraqi gold sold for between 1.020 and 1.030 million IQD.

In Erbil, 22-carat gold was sold at 1.078 million IQD per mithqal, 21-carat gold at 1.030 million IQD, and 18-carat gold at 883,000 IQD.   https://www.shafaq.com/en/Economy/Gold-prices-edged-higher-in-Baghdad-Erbil

Dollar Rises In Baghdad And Erbil

2026-04-21 Shafaq News- Baghdad/ Erbil   The US dollar closed Tuesday’s trading higher in Iraq, hovering around 155,000 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,700 dinars per 100 dollars, up from the morning session’s 154,100 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,250 dinars and bought it at 154,250 dinars, while in Erbil, selling prices stood at 154,700 dinars and buying prices at 154,550 dinars.

https://www.shafaq.com/en/Economy/Dollar-rises-in-Baghdad-and-Erbil-9-9

Read More