Home Intel GP Q: Iraq Update, IQD Desk for 4th October 2026
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GP Q: Iraq Update, IQD Desk for 4th October 2026

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GP Q
@argosaki

IRAQ
IQD DESK — 4 OCT


Cash dollar firmed again in the street market.

Sunday’s open pushed Baghdad’s Al-Kifah and Al-Harithiya boards to about 157,950 IQD per $100, up from 157,250. Exchange shops were asking roughly 158,500 to sell and paying about 157,500 to buy.

Erbil selling sat near 157,800–158,000.

The CBI benchmark is unchanged at 1,310 IQD per $1 (131,000 per $100).

https://shafaq.com/en/Economy/Dollar-edges-higher-in-Baghdad-Erbil-6-6

https://964media.com/722477

The split with the official window is still wide — and it is an access problem, not an empty-vault story.

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Parallel pricing is running about 20% over the CBI rate.

Economists told Shafaq the premium is driven by restricted official-dollar channels, transfer delays, informal trade and speculation, even though the central bank says reserves cover trade finance, card settlement and traveler cash at the posted rate.

https://shafaq.com/en/Economy/Experts-Iraq-dollar-gap-reflects-limited-dollar-access

Zero-deletion is still only a study item.

A government source told INA that floating the idea is not approval, there is no decision, and there is no start date.

Any redenomination would need legal, technical and operational work first, and would restate values at the same ratio — not cut what people hold.

CBI has already denied reports that zero-stripped notes are being printed.

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https://en.964media.com/53307

Bank cleanup is the live track. CBI says lenders are still moving through restructuring and compliance, with banks that clear the bar being lined up for cross-border trade in more than one currency.

Peg unchanged.

No official revaluation today.

Watch the window, not the rumor mill.

Source(s):
• https://x.com/argosaki/status/2106739220069130471

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