Iraq’s 2027 Budget Draft Sets 217T Dinar Spending

2026-10-06 / 05:08   Shafaq News- Baghdad   Iraq’s draft 2027 federal budget totals 217 trillion dinars ($164.9B), with a projected deficit of 50 trillion dinars ($38B), parliamentary Finance Committee member Abbas Hayal told Shafaq News on Tuesday.  

Good Morning Dinar Recaps,

INDIA RESET WATCH: RBI HIKES RATES AS RUPEE NEARS RECORD LOW

India’s central bank has begun tightening policy again, but the rupee’s continued weakness shows how powerful global energy, capital-flow and dollar pressures have become.

How Wars And Geopolitical Conflicts Can Affect Stock Market Performance: What History Shows And How Investors Can Prepare For Volatility

Sep 29, 2026  Sergei Klebnikov Editorial Staff, J.P. Morgan Wealth Management

Geopolitical conflicts can drive short-term market volatility, but history shows the initial sell-off is often more about uncertainty than a lasting change in long-term returns.

The biggest risk to watch is whether the conflict disrupts critical supply chains in ways that spill into inflation, financial conditions, corporate earnings and broader economic growth – energy is one common channel, but not the only one.

Iraq Considers Raising Official Dollar Rate To 1,500 IQD And Dropping Currency Zeros

Iraq   Jawad Al-Samarraie   October 6, 2026

Baghdad (IraqiNews.com) – Safaa Al-Jabri, member of parliament for the Al-Sadiqoun bloc and member of the Parliamentary Economic Committee, revealed that the federal government is reviewing a proposal to adjust Iraq’s official exchange rate from 1,310 dinars to 1,500 dinars per U.S. dollar, while advancing high-level deliberations to redenominate the national currency and potentially remove zeros.