1,520 IQD IS NOW OFFICIAL Iraq Has Another Big Move Coming

Podcast: My FX Buddies · Tish Washington

Opublikowano: 2026-10-09

Iraq has officially entered a new exchange-rate era. My FX Buddies Blog Beginning October 7, 2026, the Central Bank of Iraq adopted a new exchange-rate structure: • 1,500 IQD per USD — dollar purchase price from the Ministry of Finance • 1,510 IQD per USD — dollar sale price to banks • 1,520 IQD per USD — cash dollar sale price to the public The Central Bank says the change was made because of current economic and financial conditions and following a recommendation from the Council of Ministers. It also says Iraq's foreign reserves remain sufficient to meet legitimate foreign-currency demands. But now another question is emerging. A new report from Al-Mada...