Measures Taken To Prevent The Slide Of The Dinar Against The USD.

[Luigi1]

Here's some articles of Dinariann interests...

Direct From The SANDBOX Report.

Measures Taken To prevent the slide of the Dinar against the USD.

Treat as rumors.  Not verified.  Your opine.

 

 

 

FROM IRAQI SOURCES:   Monetary & Financial Measures To Control The Market & Protect The Iraqi Dinar.

ARTICLE:  As part of the government’s efforts to regulate the market & enhance monetary stability, the relevant financial institutions continue to implement a package of integrated policies aimed at protecting the ER of the Iraqi Dinar & reducing the impact of emerging changes on the nat'l economy, especially with regard to the price gap between the official & unofficial markets for foreign currencies.

 

For the past two days, Iraqi markets have witnessed fluctuations in the ER of the USD, which has exceeded 150,000 Dinars.

 

Jassim Al-Aradi, a member of the Baghdad Economic Forum, said that the recent increases in ER within the local markets came as a result of the overlap of a group of factors, most notably the application of the “Askoda” system, which prompted some traders to look for quick alternatives to secure the requirements of their foreign trade. 

 

Procedural Paths:

He added to “Al-Sabah” that some traders turned to the parallel market to obtain dollars, due to the delays or procedural paths that accompanied the first stages of implementing the system, which led to an increase in the unregulated demand for foreign currency & directly affected the movement of the market & price levels.

 

Real Demand:

Al-Aradi stated that the CBI continues to play its role in meeting the real demand for dollars for foreign trade purposes, through official channels & in accordance with compliance controls & int'l standards.

 

He pointed out that addressing these increases requires giving the market a period of time. 

 

Sufficient to adapt to the new mechanisms, along with simplifying procedures & intensifying coordination between the concerned parties, which contributes to reducing recourse to the parallel market, restoring balance to the exchange market & maintaining the stability of the Dinar & the confidence of dealers in the adopted monetary policies. 

 

The PM’s financial advisor, Dr. Mazhar Muhammad Saleh, told Al-Sabah: “Reducing the gap between the official ER in the organized market & its counterpart in the unorganized market is not a single monetary decision, but rather a conscious coordination between fiscal & monetary policy, supported by financial reforms that contribute to strengthening confidence & reducing risks.”

 

Economic Behavior:

Saleh pointed out that this coordination aims to redirect economic behavior from hedging and speculation to stability, through the continuation of financial & trade policies and in full cooperation with the CBI, in a way that enhances monetary stability & preserves the purchasing power of the citizen.

 

He stressed that controlling public spending and directing it towards development priorities, along with regulating the demand for foreign currency through official banking channels, represent two fundamental pillars in reducing the artificial pressures on the parallel market & narrowing the gap between the official & parallel prices, in line with the objectives of monetary stability stipulated in the CBI Law No. (56) of 2004.

 

Boosting Confidence In The Dinar:

Saleh explained that the monetary authorities' continued adoption of a policy to defend the exchange rate, supported by strong foreign reserves, in conjunction with liquidity management and bolstering confidence in the national currency, has contributed to maintaining stable prices for basic commodities & citizens' living standards within safe inflation ranges.

 

He pointed out that these measures are part of a broader reform path aimed at enhancing the transparency of public finances, improving compliance with the global financial system, and supporting the resilience of the banking sector, thereby consolidating economic stability & strengthening the confidence of citizens & stakeholders in the nat'l economy.

 

Market Regulation:

For his part, economist Ziad al-Hashemi told Al-Sabah that regulatory & control measures in local markets directly contribute to reducing speculation, which in turn reduces artificial demand for dollars in the parallel market, even if it doesn't eliminate it entirely. 

 

Al-Hashemi explained that factors contributing to high exchange rates remain, especially with the implementation of new systems such as the unified customs system (ASYCUDA), which was accompanied by uncontrolled demand for Dollars, leading to additional pressure on the ER in the recent period.

 

Cash Reserve:

For his part, Dr. Sadiq Al-Rikabi, Director of Economic Research at the Global Center for Development Studies in the UK, pointed out that the CBI's reserves represent the first line of defense for the Dinar.  He explained that the reserves' ability to meet the demand for dollars during any significant increases contributes to strengthening public & commercial confidence in the nat'l currency.

 

Al-Rikabi also addressed the issue of inflation, clarifying that the rise in prices is not related to monetary inflation, but rather to structural inflation stemming from Iraq's heavy reliance on imports to meet its needs.  This creates a continuous demand for Dollars & affects the ER.  

 

Economists: Lower Inflation Rates Reflect A State Of Stability.

ARTICLE:  Economists described the decline in inflation rates as a positive sign reflecting a state of relative stability in local markets.  These indicators come at a time when many countries are facing inflationary pressures resulting from geopolitical tensions & rising energy & transportation costs, giving the Iraqi experience special importance in understanding the current economic landscape.

 

Economic expert Dr. Salwan al-Hashemi stated that the current decline in inflation rates in Iraq indicates a period of relative economic stability, particularly given the challenging economic conditions facing the region and the world.  He noted that geopolitical fluctuations & rising global transportation & energy costs often impact local markets, but recent indicators suggest the Iraqi market's ability to absorb some of these pressures.

 

Trade Finance:

Al-Nouri added that this decrease is largely due to the stability of foreign trade financing at the official ER, which contributed to reducing the waves of unjustified increases in commodity prices, especially imported ones, indicating that monetary and regulatory measures helped to control market activity & limit speculation that was a direct burden on the purchasing power of the citizen.

 

Local Products:

For his part, economist Ahmed Mukallaf confirmed that the abundance of supply in local markets, whether of imported goods or local products, contributed to creating a state of balance between supply & demand & indicated that this balance helped to curb inflation, despite the continued challenges related to operational costs, fees & taxes imposed on commercial activity. 

 

Makhlef pointed out that maintaining low inflation rates requires continued monetary stability & boosting domestic production, along with diversifying income sources & reducing reliance on imports & that these steps represent the real guarantee for the sustainability of price stability.

 

Food Department:

At a time when the Ministry of Planning announced a decrease in the annual inflation rate by (1.2 percent) during December of 2025, compared to the same period of 2024.  The Ministry explained that the food sector recorded a decrease in its prices by (0.7 percent) during the same month, in a positive indicator related to basic commodities.

 

Inflation Rate:

Ministry spokesperson Abdul Zahra al-Hindawi told the Iraqi News Agency (INA) that the inflation rate in December 2025 remained stable, showing no increase or decrease compared to the preceding month of November.  He added that the core inflation rate decreased by 0.4 percent, noting that seven sectors experienced slight price increases, while three sectors saw price decreases & two sectors maintained the same price levels as the previous month.

 

Expert: Salary Payments Delayed Due To Cash Liquidity Crisis & This Is The Reason For The Dollar's Rise.

ARTICLE:  Economic expert, Jalil Al-Lami, confirmed that the delay in paying employee salaries is due to a cash liquidity crisis, while he attributed the reason for the rise in the Dollar ER to the law of supply & demand and the increase in speculation in the parallel market.

 

Al-Lami told Al-Furat News Agency that "the delay in employee salaries is technical due to poor management of transfers between the Ministry of Finance & the banks, in addition to problems with the electronic file and the existence of a liquidity crisis for the Iraqi Dinar, which greatly affected the disbursement of salaries & I believe that the crisis has been overcome after the Ministry of Finance's statement."

 

He added that "the Dollar is subject to the law of supply & demand, and the rise in its prices is due to speculators & demand from small traders in the parallel market to cover their needs. Information also indicates a decline in the value of the Dollar globally, which is met with a rise in the prices of goods & services, which has increased the demand for the currency in Iraq."

 

Al-Lami stressed "the need for the government to work through market & bank monitoring committees to ensure the stability of ER & for there to be transparency in dealings between the Iraqi bank & importing merchants, especially with the approach of the month of Ramadan."

 

He explained that "there is a direct relationship between gold & oil on one hand and the Dollar on the other, as demand for oil from China has increased from two million barrels per day to three million barrels per day, at a time when OPEC has decided to reduce production by about one million two hundred thousand barrels per day.  In addition, most global oil traders are working to raise prices to control the volatility in the markets."

 

Al-Lami concluded by saying, "The rise in oil prices is yielding positive results for the Iraqi economy & contributing to covering employee salaries."

 

Global oil prices recorded a significant jump in trading on Thursday, achieving gains of more than 4.3%, pushing Brent crude above the $70 per barrel mark, recording $70.33.   Wafaa Al-Fatlaw     

[Luigi1]

Here's an article of GCR interests...

 

 

Commodity Shockwaves Signal Structural Stress in Global Markets.

ARTICLE:  Oil, metals, crypto & geopolitics collide as reset pressures intensify.

 

Overview:

Global markets experienced sharp cross‑asset volatility as geopolitical tensions surrounding Iran triggered rapid repricing across oil, metals, crypto & risk assets.  These synchronized moves point to deeper structural stress rather than a routine market correction.

 

Key Developments:

1- Oil Surge on Iran Risk — Brent crude climbed above $70 per barrel as traders priced in   heightened Middle   East conflict risk & potential supply disruption.

2- Industrial Metals Signal Structural Demand — Copper pushed to record highs above $14,000   per tonne,   reinforcing its role as a bellwether for infrastructure & monetary hedging demand.

3- Precious Metals Whipsaw — Gold & silver pulled back from record levels as volatility spiked,   reflecting repositioning rather than a reversal of the broader debasement trend.

4- Crypto & Risk Assets Slide — Bitcoin & high‑beta assets fell sharply, highlighting tightening   liquidity &   risk‑off sentiment during geopolitical stress.

 

Why It Matters:

Cross‑asset volatility occurring simultaneously across commodities, FX & crypto is historically associated with monetary regime transitions.  Markets are increasingly responding to geopolitical triggers as systemic threats rather than isolated events.

 

Why It Matters To Foreign Currency Holders:

For holders waiting on currency revaluations, commodity price instability reinforces the shift toward hard‑asset backing & alternative settlement mechanisms.  Rising metals & energy prices historically precede changes in reserve composition.

 

Implications for the Global Reset:

Pillar 1: Confidence Erosion in Fiat Systems — Energy and metal surges expose inflationary pressure beneath surface stability. 

Pillar 2: Commodities as Monetary Anchors — Industrial & precious metals are increasingly acting as parallel stores of value.

This is not just market volatility — it’s stress testing the existing monetary order before realignment.

 

[Luigi1]

Here's another article related to the above...enhancing financial Transperency...

 

Parliament Is Moving To Host The Minister Of Finance To Follow Up On Economic Issues & Enhance Financial Transparency.

ARTICLE:  In a move aimed at strengthening parliamentary oversight of financial & economic affairs, the House of Representatives is moving to host the Minister of Finance as part of its efforts to follow up on issues that directly affect the lives of citizens, particularly with regard to customs tariffs & public revenue procedures.

 

This move comes in the context of parliamentary efforts to regulate financial performance & address the country’s economic challenges, in a way that ensures transparency and protects the interests of citizens.

 

MP Abdul Amir Al-Mayahi confirmed that the House of Representatives is determined to host the Minister of Finance to follow up on financial & economic files, noting that working with the automation system in customs ports would control procedures, without imposing additional burdens on the citizen or the merchant.

 

Al-Mayahi explained that what is being circulated about imposing taxes or price increases is not based on actual procedures, warning that raising such issues in an inaccurate manner leads to unhealthy uproar and inflames public opinion, stressing that parliamentary hearings are an important oversight tool to address shortcomings & improve financial performance.

 

Regarding parliamentary procedures related to hosting, Al-Mayahi said: Every deputy works within his jurisdiction to legislate and amend laws in a way that serves the public interest, expressing his hope to develop the mechanisms of hosting & address the problems that it faces, especially in the necessary files that affect the lives of citizens.

 

In the same context, MP Haider Kadhim stated that 48 MPs had collected official signatures to summon the Minister of Finance, indicating that the First Deputy Speaker of Parliament had referred the request to the Presidency Council for the necessary procedures.

 

These parliamentary actions fall within the framework of the Council's oversight role, aimed at monitoring the financial situation and discussing economic policies to ensure transparency & address issues affecting citizens' living conditions. 

[Luigi1]

Here's the Goose two cents worth...

 

Bruce The Goose:  New Rates On The Bank Screens.

ARTICLE:  We're supposed to get new rates Sunday night, which will show up Monday at the redemption centers & at banks.

 

But the thing I believe is coming to my mind, the real thing we're looking for is to have Iraq finish what they're supposed to be doing, which is seating PM Sudani as PM by their parliament & getting the influence of Maliki, oh, yeah, that's a blast from the past. Get his influence out of the picture & any Iranian influence in the banks removed.

[Luigi1]

Here's another article of Dinarian interests...GOI collected new record ammount of revenues in 2025...

 

 

PM Al-Sudani: Iraq Targets Oil Derivatives Exports By 2030.

ARTICLE:  The year 2030 will mark the launch of Iraq’s exports of oil derivatives to global markets, Iraqi caretaker PM Mohammed Shia al-Sudani vowed on Wednesday.

 

Speaking at an energy conference in Baghdad, Al-Sudani clarified that his government has set a strategic goal to export 40 percent of Iraq’s oil derivatives by 2030, noting that Iraq’s gas resources had been widely flared over the past years, but recent new discoveries have helped raise associated gas production to about 132 million cubic meters.

 

“Work is underway to fully invest this gas by 2028, through the efforts of workers in the oil sector,” Al-Sudani stated.

 

On electricity production, he said Iraq has reached its highest-ever generation levels, producing 29,000 megawatts, adding that integrated plans in the transmission & distribution sectors, including new transformer stations, have helped ease pressure on the national power grid, particularly during periods of high temperatures.

 

Al-Sudani noted the government’s plan also includes completing procedures to build new power stations with a total capacity of 57,000 megawatts. “34 of these plants are being developed in cooperation with specialized int'l companies.”

 

According to the Ministry of Finance, Iraq’s Federal Budget collected more than 82.377 trillion Dinars ($62.9 billion) from January to August 2025. Official data showed that oil revenues reached 73.822 trillion Dinars ($56.5 billion), accounting for 90% of total income, while non-oil revenues stood at 8.555 trillion Dinars ($6.5 billion).

[Luigi1]

Here's Sandy Ingram's two cents worth...will the US Sell out Iraq?

 

 

Sandy Ingram:   Will The US Sell Out Iraq?

ARTICLE:  Now that President Donald Trump has made an Int'l statement the media is in a frenzy. 

 

Article: “Trump says US will ‘no longer help Iraq’ if it pics Maliki as PM“

They have nominated Maliki to be PM & they are moving forward with their nomination. 

They are protesting because of what the president of the United States said.

It would do Iraq well to remember the US is holding their over $100 billion in a US bank & Iraq owes the US big bucks.

This is not including the $112 billion in foreign currency reserves in NYC.  Sandy Ingram

[JonnyV]

27 minutes ago, Luigi1 said:

Here's Sandy Ingram's two cents worth...will the US Sell out Iraq?

 

 

Sandy Ingram:   Will The US Sell Out Iraq?

ARTICLE:  Now that President Donald Trump has made an Int'l statement the media is in a frenzy. 

 

Article: “Trump says US will ‘no longer help Iraq’ if it pics Maliki as PM“

They have nominated Maliki to be PM & they are moving forward with their nomination. 

They are protesting because of what the president of the United States said.

It would do Iraq well to remember the US is holding their over $100 billion in a US bank & Iraq owes the US big bucks.

This is not including the $112 billion in foreign currency reserves in NYC.  Sandy Ingram

 

Lets not forget all the lives lost getting Iraq’s freedom back.  Not just the US but this includes the coalition forces too.  Malijerk has cojones stealing money after all the forgiven debt.  He’s falafel toast.   He put the target on his back and now he’s done.  

[Luigi1]

 

28 minutes ago, JonnyV said:

 

Lets not forget all the lives lost getting Iraq’s freedom back.  Not just the US but this includes the coalition forces too.  Malijerk has cojones stealing money after all the forgiven debt.  He’s falafel toast.   He put the target on his back and now he’s done.  

 

Lest we forget...Iraq owes the Paris Club, the Coalition of the Willing & the US for the forgiveness of it's debts.

 

We will get paid, one way or another.   Go RV.

[md11fr8dawg]

I hope he is done!