Home Economic News Fri. AM TNT News Articles from Iraq 11-6-26
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Fri. AM TNT News Articles from Iraq 11-6-26

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TNT

Tishwash:
Al-Daraji: Printing approximately 5 trillion Iraqi dinars in 50,000 dinar denominations

The Secretary-General of the “Kafa” Movement, Rahim al-Daraji, revealed today, Thursday, that approximately 5 trillion Iraqi dinars in 50,000 dinar denominations have been printed.

Al-Daraji stated in a post on his social media accounts, “According to a reliable source, approximately five trillion Iraqi dinars in 50,000 dinar denominations have been printed. (LINK)

Obverse and reverse of an Iraqi 50,000 dinar banknote featuring Arabic script, palm trees, waterfalls, a traditional marshland house, and Central Bank of Iraq markings

Al-Rasheed directs its branches operating on the dollar selling platform to continue providing banking services during Saturdays and official holidays.

Al-Rasheed Bank directed its branches operating on the dollar sales platform on Thursday to continue providing banking services during Saturdays and official holidays.

In a statement, the bank said it had instructed its branches to conduct all banking operations and services concurrently with the cash dollar sales platform for travelers during Saturdays, holidays, and official vacations throughout the year.

The statement added, “This directive comes within the framework of the bank’s management’s commitment to ensuring the continuity of banking services and preventing any disruption to citizens’ transactions during official holidays, thus facilitating their transactions and enhancing the level of services provided.”

The bank emphasized the importance of uninterrupted banking operations and the provision of services to citizens. (LINK)

Trump’s envoy is still in Baghdad and has arrived in al-Zaidi.

Prime Minister Ali al-Zubaidi met on Thursday (November 5, 2026) with the US President’s Special Envoy to Iraq, Tom B*****k, to discuss bilateral relations between the two countries, particularly cooperation in the economic and investment fields. The meeting also addressed the challenges facing regional security and stability and the importance of intensifying diplomatic efforts to reduce tensions and contain crises.

A statement from the media office, a copy of which was received by 964 Network , stated that “Prime Minister Ali Faleh al-Zaidi received the special envoy of US President Donald Trump to Iraq, Mr. Tom B*****k.”

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The statement added that “the meeting discussed bilateral relations between Iraq and the United States of America, prospects for developing the partnership between the two countries, and raising the levels of cooperation in the economic and investment fields, in a way that achieves mutual interests and supports the development process.

The meeting also addressed developments in the region, the challenges facing regional security and stability, and the importance of intensifying diplomatic efforts to reduce tensions, contain crises, and prevent the expansion of conflicts.” (LINK)

Judge Zeidan discusses strengthening judicial relations between the two countries with Tom B*****k

About the news

• The head of the Supreme Judicial Council, Judge Faiq Zaidan, met with the presidential envoy to Iraq, Tom B*****k.
• During the meeting, discussions were held on strengthening judicial relations between the two countries.

The Supreme Judicial Council said in a press statement on Thursday that “the President of the Supreme Judicial Council, Judge Faiq Zaidan, received today, Thursday, the Presidential Envoy to Iraq, Ambassador Tom B*****k.”

During the meeting, the follow-up on the results of the dialogues regarding strengthening judicial relations with their American counterparts was discussed.

Tom B*****k had confirmed, following his meeting with Judge Faiq Zaidan on October 12, that the existence of a strong and independent judiciary represents a fundamental pillar of sovereignty, the rule of law, and stability, enabling Iraq to transform its potential into prosperity. (LINK)

Government promises have not been fulfilled… The dollar is moving away from the official exchange rate in Iraq.

The exchange rate of the US dollar rose slightly on Thursday in the main markets of the capital, Baghdad, while it remained stable in its local markets at the close.

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The dollar exchange rate in the Al-Kifah and Al-Harithiya exchanges in Baghdad was recorded at 168,300 Iraqi dinars per 100 dollars, while this morning it was recorded at 168,200 dinars per 100 dollars.

The dollar exchange rate remained stable in local markets in Baghdad, with the selling price at 168,750 dinars per 100 dollars and the buying price at 167,750 dinars per 100 dollars.

Iraqi markets are witnessing a rise in the prices of food and consumer goods, following the decision of the Central Bank of Iraq to reduce the value of the dinar against the dollar from 1320 to 1520 dinars, by a percentage of about 15.2%, starting from the seventh of October, which doubles the living burdens on citizens, amidst the exploitation of the decision by some merchants to impose unjustified increases on goods.

Deputy Prime Minister Mohammed Tamim predicted earlier this week that the dollar exchange rate in the parallel market would decrease and approach the official rate, confirming that Iraq had received new cash payments based on the strength of the relationship with America. He explained that the cash supply had increased to $3 billion in just two months, noting that the first batch arrived last Thursday, with a second batch expected at the beginning of November, amounting to more than $500 million per batch. This will supply the local market with an i*******n from the government and under the supervision of the Central Bank. (LINK)

Source: Dinar Recaps

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