Iraqi Dinar Brief - November 12, 2026: Iraq Nears an IMF Reform Plan
The free dinar summary for November 12, 2026: Iraq Nears an IMF Reform Plan.
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On Wednesday, Iraq and the IMF closed a round of talks in Amman with progress on a three-year reform programme for 2027 to 2029. Prime Minister al-Zaidi and Speaker al-Halbousi also each opened an inquiry into oil reported stolen from a pipeline south of Baghdad, and into a smuggling route for Iraqi oil through Iran to Afghanistan.
In London, Washington's envoy Tom Barrack called Iraq a "magic key that unlocks the door" and said America had many times been "bad guests" there, while Iraq's deputy prime minister said ExxonMobil and Chevron contracts are in their final stages. On Baghdad's street the dollar sits at 169,000 IQD per $100, against 152,000 at the Central Bank.
Today's Read: why Baghdad is putting its ministers, its spending and its oil under review before the IMF signs, and how that could pull the street price down.
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