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The Official Rapid Updates on the Iraqi Dinar progress and foreign affairs. STAY RAPID ‼️

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Publicaciones del Canal
Yikes! Iraqi banks received instructions from the government today (Monday, August 31), to start working on “building databases covering Iraqi politicians and their relatives to the third degree and submitting them to them.” According to the information I followed (Baghdad today), the new database will be used to show any “illegitimate profit and indications of corruption, and may also include elements of special protections and military close to political and responsible figures.” The instructions received by the banks came against the background of recommendations issued by the US Federal Economic Movement Force earlier to the Iraqi government to limit corruption and currency smuggling to Iran. It is noteworthy that the Central Bank informed Iraqi banks to prepare the complete databases on the 29th of this month. https://baghdadtoday.news/305465-.html

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Rapid Iraq & Market News ⭐️ U.S. Treasury Secretary: We will put pressure on Iran until it is ready to reach an agreement. Kuwait 🇰🇼 Army defenses are currently intercepting attacked by hostile drones coming from Iran. In Iraq, the coordination framework sets the date for completing the government formation and voting on it. Iraq 🇮🇶 taking their sweet time 🙄 Markets 🚨 Iraqi Dinar rate today 154,250 IQD to $100 USD Dow ⬆️ 52,836 Oil ⛽️$90 Brent ⛽️ $95.19 Gold 4,373 oz Silver 64.62 oz BTC 77,106 XRP 1.34 Still no word on Iraq printing new currency. Buddy in Baghdad said lots of news about deleting 3 zeros but no change in purchasing power. Same news you all have. He will let me know if that changes. Coming up 4th quarter of 2026 and you know what that means. Already dinar gurus holding a back wall around Christmas to the new year. Be careful. Documentation beats Conversation all day long. STAY RAPID 🔥
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Wawazine News – Economy The Central Bank of Iraq denied, on Wednesday, printing quantities of the new Iraqi currency, the zeros were deleted, indicating that any future project related to the restructuring of currency categories or the deletion of zeros will be subject to multiple legal, regulatory and technical stages. The Central Bank said in a statement received by (Mawazine News): “The Central Bank of Iraq followed the news and statements circulated by some media about the bank’s printing quantities of the new Iraqi currency, deleted zeros, in preparation for putting it for circulation,” stressing “In this regard, we emphasize that this news is not based on any official source, and we deny that the bank prints a new Iraqi currency with the zeros deleted.” He added that “any future project related to the restructuring of currency categories or the deletion of zeros – in the event of an official decision in this regard – will be subject to multiple legal, regulatory and technical stages, and will be announced if approved through the official channels of the bank and various media, with the appropriate transitional period that allows citizens, banks and institutions to replace the currency in a safe and organized manner; to ensure the full preservation of the financial rights and obligations of all.” The statement continued that “the Central Bank of Iraq calls on citizens and the media to adopt its official data and channels exclusively to obtain information related to monetary policy, and not to rely on undocumented news or numbers and information, because of the confusion or damage to the financial interests of citizens.”
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The Central Bank denies printing a new Iraqi currency with the deleted zeros. Stay Rapid!
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This is an interesting Read. Iraqi government spokesperson Haider al-Aboudi stated that no decision has been made to remove the zeros from the dinar, adding that according to a clarification from the Finance Committee, the currency redenomination process would take three to seven years and would not alter the value of the currency.
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The Iraqi dinar has dropped against the U.S. dollar, and $100 is being traded in the Kurdistan Region's parallel markets at 154,250 dinars, while the sale of dollars outside the markets has reached more than 154,750 dinars.
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Rapid Nation, As you know lots of articles talking about deleting 3 zeros and possibly new currency notes. So much news you think it’s going to happen in 2026 and I believe it’s possible. A long time ago I’ve come to terms with whatever Iraq 🇮🇶 decides to do with the dinar it’s out of my control. I’ve pretty much detached myself the outcome. It’s easier that way. I’m still hopeful like all of you. The question I asked myself is…how can I get the most out of this journey so it’s not a waste of my time? Let me explain. If the CBI delete the 3 zeros and decide to insert lower denominations, without a rate revaluation then at least we know. Then what? Well, I’m going to pivot (just incase) preparing for no rate revaluation. The last few weeks I got set up ready for the IQD to go international on the forex. I want to be ready not trying to get ready during the chaos. I don’t know if or when this will happen but why not set myself to ride the second wave and make some money while I wait. The process was a lot easier than I thought. Zero subscription fees. Zero Monthly fees Zero profit splits! 100% control of you own money! Currently trading EURUSD hands free! I would be happy to share this if there is any interest in the coming months. Stay Rapid 🔥
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Iraqi Prime Minister Advisor Mudher Muhammad Salih told state media that the sovereign digital currency does not introduce a new currency, but rather creates a "digital version of the Iraqi dinar" to enhance monetary policy and liquidity management; however, "it is not a substitute for economic and financial reforms."
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Dropping 3 zeros off the notes ONLY, isn’t what we want. All these years this feels different. Mix emotions. Stay Rapid 🔥
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https://www.kurdistan24.net/en/story/932896/iraq-to-drop-zeros-from-its-currency-as-dinar-redenomination-returns
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https://youtube.com/shorts/zBilLcY34v4?feature=share
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Rapid Updates Iraq 🇮🇶 Prime Minister Al-Zaddy announced that the national government cabinet is entering its final stages and is scheduled to align the final cabinet between August 15 and August 25 Stay Rapid 🔥
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Iraq is showing serious intent to remove corruption. Love it!
Iraq is showing serious intent to remove corruption. Love it!
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I can’t open my phone and not see concerning Iraq 🇮🇶 financial news.
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https://www.vietnam.vn/en/chuyen-gia-quoc-te-danh-gia-tich-cuc-ve-tien-dong-cua-viet-nam
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The US Federal Reserve has sent a new $500 million cash shipment to the Central Bank of Iraq, adding dollar liquidity as Baghdad faces mounting financial pressure and disruptions to its oil-dependent economy. ➡️ The funds will support permitted overseas transfers and transactions involving Iraqi citizens, with further monthly shipments expected to total $8 billion to $10 billion annually. ➡️ The cash deliveries stem from Iraq's financial arrangement with Washington, where oil export proceeds are largely held at the Federal Reserve Bank of New York and accessed through approved transfers and cash shipments. ➡️ The timing is critical, as disruptions in the Strait of Hormuz strain a government heavily dependent on oil revenue to cover a massive public sector wage bill, renewing pressure on Baghdad to diversify its income beyond petroleum. 🔗 https://www.iraqinews.com/iraq/u-s-fed-sends-500-million-cash-shipment-to-iraq-amid-financial-pressures/
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Don’t blame me for the Iraqi news. STAY RAPID 🔥
Don’t blame me for the Iraqi news. STAY RAPID 🔥
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By: Hawre Tofiq It is clear that, due to the war, the Strait of Hormuz has been closed, significantly restricting oil exports and causing a sharp decline in public revenues. As a result, the federal government is facing a crisis in financing its operational budget, particularly the payment of public sector salaries. To address this situation, it has taken the following steps: 1. Printing More Iraqi Dinars During Prime Minister Mohammed Shia’ Al-Sudani’s government, additional Iraqi dinars have been printed to pay salaries. While this measure has helped solve the immediate problem of salary payments, it could lead to long-term inflation because of the increased money supply. 2. Two Additional Plans Under Consideration The government is now considering two further options: First: Domestic and foreign borrowing. Second: Removing three zeros from the Iraqi dinar. The Iraqi government is reportedly considering deleting three zeros from the national currency. For example: 25,000 Iraqi dinars would become 25 dinars after removing three zeros. Likewise, all other currency denominations would be adjusted accordingly. Instead of expressing figures in billions, they would be expressed in millions. The objective of this move is to preserve the value of the Iraqi dinar. Since a large amount of currency has already been printed, the government fears inflationary pressure. It also intends to revalue the exchange rate against the U.S. dollar. For example, after removing the three zeros, US$100 could be exchanged for 150 Iraqi dinars instead of the current denomination. The government also believes this measure could help reduce the apparent size of operational budget expenditures, including salaries. 3. Legal and Constitutional Requirements Monetary and financial policy requires legal backing. The proposal to remove three zeros from the Iraqi dinar would normally require legislation, making it a politically sensitive issue that may be difficult to pass in Parliament. To address this, the government has explored another legal route. The Prime Minister requested that the Federal Supreme Court of Iraq issue an interpretive ruling regarding the powers of the Council of Ministers under Article 80, Paragraph Third of the Iraqi Constitution, which authorizes the Council to issue decisions, regulations, and instructions. The Prime Minister asked whether the Council of Ministers could issue regulations and instructions even if Parliament had not explicitly delegated that authority in a specific law. The Federal Supreme Court ruled that, regardless of whether a law expressly grants such authority, the Council of Ministers possesses an inherent constitutional power to issue regulations, instructions, and decisions. This ruling opens the door for the government to proceed with removing the three zeros from the Iraqi dinar through a governmental regulation, without first obtaining parliamentary approval. That this is a highly technical monetary and financial issue that deserves careful analysis and discussion by financial and economic experts.
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https://channel8.com/english/news/61974?fbclid=IwdGRjcATRz4RwZG9mAWZkaWQWULO3ICs5P9rrOA_q4dyn5rdrzTFKgmV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR6GrV9D_2v0x10MUXMxG05-H84ZtFEC10kykrItWjIOACNMslOjgDAUGpiLHw_aem_zcQiQRnXCGrvQuR1cLHA-w
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Iraq and the US have reached a framework allowing Iraqi banks cut off from international financial networks to gradually regain cross-border banking access, following talks between CBI Governor Nizar Hussein and US Treasury officials. ➡️ Seven Iraqi banks are currently eligible to reconnect with non-dollar correspondent banking, with full dollar transaction access to follow as they meet further compliance and anti-money laundering standards. 🔗 https://www.iraqinews.com/iraq/iraq-secures-us-agreement-on-banks-return-to-dollar-access/
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