Iraq’s Central Bank Says Dollar Gap Narrowed To 9% From 24%

2026-10-29 | 17:34   BAGHDAD - 964 Media   — Central Bank of Iraq Governor Nizar Nasser Hussein said Thursday that the gap between the official and parallel dollar rates had narrowed to 9% from 24%, and denied the bank was printing new currency.  

Central Bank: Talk Of Printing New Currency Is Inaccurate, And The Gap With The Parallel Market Has Decreased To 9%

Baghdad/Iraq Observer    The Governor of the Central Bank of Iraq, Nizar Nasser Hussein, confirmed on Thursday that there is no intention to print new currency, describing the news circulating in this regard as inaccurate. He also pointed out that the difference between the official exchange rate and the parallel market rate has decreased to 9%, after it had reached 24%.

Good Afternoon Dinar Recaps,

GLOBAL FINANCIAL RESET WATCH: BANK OF ENGLAND OPENS DOOR TO TOKENIZED COLLATERAL

The Bank of England has launched a consultation that could help financial institutions use tokenized assets more efficiently, marking another step toward modernizing traditional financial markets.

Oil Prices Drop On Peace Talk Hopes Despite Gulf Attacks

2026-10-29 Shafaq News   Oil prices ​fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge ‌off renewed concerns over Middle East supply disruptions from escalating regional conflict. 

Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45.

Good Morning Dinar Recaps,

GLOBAL CURRENCY RESET WATCH: AI INVESTMENT BOOM EXPOSES POTENTIAL VULNERABILITIES IN THE U.S. DOLLAR

Record foreign investment in artificial intelligence and U.S. technology assets is supporting the dollar, but a reversal in investor confidence could expose new vulnerabilities in global currency markets.