LATEST NEWS ON IRAQI DINAR (IQD)
A growing political dispute has emerged over the Kurdistan Region’s share of Iraq’s federal budget, with accusations that inaccurate employee and population data have been used for years…
Member of Parliament Mohammed Al-Moussawi said the Iraqi government is expected to send the proposed 2027 federal budget law to Parliament during this month. According to Al-Moussawi, the…
Iraq’s electricity sector continues to face major challenges, with the national grid still depending heavily on privately generated power and imports from neighboring countries. The Economic Observatory of…
Global oil prices declined on Monday after the G7 announced plans to release additional supplies from its strategic reserves in an effort to ease market pressures and increase…
MP Mohamed Abu Al-Eis said there are former officials and political figures who allegedly used their positions in previous governments to accumulate huge amounts of wealth through the…
Gold prices moved higher on Monday morning as investors reduced expectations that the US Federal Reserve will raise interest rates this month after recent economic data showed slower…
Basra Heavy and Basra Medium crude oil ended the week sharply lower as global oil prices continued to fall. Basra Heavy crude dropped $8.57 per barrel, or 9.56%,…
Iraqi Prime Minister Ali Al-Zaidi on Sunday announced a package of economic measures worth at least 3.5 trillion dinars ($2.67 billion) aimed at supporting housing, industry, contractors, farmers,…
Basra Heavy and Basra Medium crude oil both ended the week with overall losses, even though prices moved higher during the final trading session. Basra Heavy crude closed…
Gold prices remained stable on Saturday in Baghdad and Erbil, with 21-carat gold trading around 945,000 IQD per mithqal, according to a market survey by Shafaq News. In…
