Iraqi Dinar Brief - October 16, 2026: Iraq Completes Its Government
The free dinar summary for October 16, 2026: Iraq Completes Its Government.
Reset Intelligence / Iraqi Dinar Brief
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Iraq's parliament filled the last empty seats in Prime Minister Ali al-Zaidi's government on Thursday: Interior, Defence, nine more ministries and three deputy prime ministers, all sworn in before the session closed. Only the Ministry of Migration was left open.
The same day, the US Treasury sanctioned an Iraqi bank it says was set up by Iranian companies to supply Iran with US dollars, and Iraq's Central Bank tripled how often a traveller can buy dollars at the official rate. Baghdad closed Thursday at 166,550 IQD for $100, against the bank's 152,000.
Today's Read looks at why one dollar price has to come before the new notes, and what that order means for the IQD you hold.
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