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Iraq’s Central Bank Denies Printing New Notes
By Reset Intelligence | @EXIT_FIAT
On Thursday the governor of Iraq’s Central Bank, Nizar Nasser Hussein, told parliament’s Investment and Development Committee that talk of new banknotes being printed is inaccurate. There is no printing, he said, and the gap between the bank’s dollar price and the street’s is down from 24% to 9%.
In August, lawmakers who sat with the bank described the new series as designed and ordered. Days later the bank denied it.
The tell
Be exact about what he denied: printing. Nothing in parliament’s account of the meeting touches the dinar’s value, the zeros or the exchange itself. A note exchange only works if the cash comes to the counter, and announcing one early hands illicit money time to get out first.
What moved this week
• Binance – attackers drained hot wallets at the world’s largest crypto exchange on Thursday. Binance says $2.54 billion has been frozen while it investigates.
• Pentagon – freezer failures at commissaries on at least six US bases are now treated as a suspected cyberattack. Belgium’s tax agency pulled its online services after an attack the same week.
• Lagarde – the European Central Bank’s president will step down on February 7, 2027, 9 months early, with no reason given.
• Mar-a-Lago – short-range air defence now guards Trump’s Florida estate, at the Secret Service’s request. Trump called off his weekend rallies in Kansas and Iowa.
• Baghdad’s street – closed Thursday at 168,000 IQD for $100, against the bank’s 152,000.
The question
A week of attacks on the old systems, a central banker leaving early, and Baghdad denying notes its own lawmakers described. What is being cleared away, and what does it mean for the IQD you hold?
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That is the short version. What broke this week, what stood ready, and why Baghdad denies the notes – that is the daily read.
Read the full daily briefing free for 5 days. Sign up here: the daily Iraqi dinar briefing
Want it straight from the horse’s mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: The CBI Rate Alert
Got a dinar question? Reset Intelligence runs an on-call research assistant: ask it anything they have published. It answers in seconds and will conduct deep research to find you the answer. Try it: the Iraqi dinar research assistant
Common questions, answered straight: When will the Iraqi dinar revalue? and Is the Iraqi dinar revaluation real?
The design behind all of it is mapped in Head of the Snake, and the free guides live in the Iraqi dinar resource library.
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