CBI currency sales drop $18.5B in eight months

2026-09-22 Shafaq News- Baghdad   The Central Bank of Iraq's (CBI) foreign currency sales fell 34.5% year-on-year to about $35.27 billion in the first eight months of 2026, down from roughly $53.83 billion during the same period in 2025, according to CBI data.  The CBI sold about $3.697 billion in foreign currency in August, including $270 million in cash sales and $3.427 billion to boost banks' balances abroad.

Why Is the U.S. Dollar the World's Dominant Reserve Currency?

September 01, 2026   By  Scott A. Wolla

What do you think of when you hear “U.S. dollar”? Is it the cash in your wallet, the balance in your bank account, or the price of a gallon of gas? In these and other examples, the dollar performs the basic functions of money. This is true in the U.S. and in countries around the world, whose governments, central banks, businesses, and investors use dollars to buy, sell, borrow, and lend. The dollar is integral to the financial “plumbing” of the global economy and is the world’s dominant reserve currency.

Why Gold Prices Could Keep Rising Despite High US Yields And Interest Rates

Analysts expect gold prices to continue rising into 2027.

Updated Sep 21, 2026, 05:56 PM

• Gold prices are expected to rise through 2027 despite high US interest rates and bond yields, driven by central bank purchases and concerns over US government debt.

• Central banks, especially China, have increased gold buying significantly, with global purchases nearly doubling pre-2022 levels, supporting gold as a safe asset against financial crises.

Good Afternoon Dinar Recaps,

INDIA LIQUIDITY RESET WATCH: RBI DRAINS BANKING SYSTEM CASH AS BOND SALES AND FX SWAPS RESHAPE THE RUPEE

India’s central bank is rapidly absorbing excess banking liquidity as bond sales, foreign-exchange swaps and rupee management begin reshaping conditions across the country’s financial system.