Episode Details

Back to Episodes
1500 DINARS PER $1? IRAQ'S 2027 BUDGET COULD CHANGE THE RATE

1500 DINARS PER $1? IRAQ'S 2027 BUDGET COULD CHANGE THE RATE

Published 2ย weeks, 1ย day ago
Description

A major exchange-rate figure has appeared in Iraq's 2027 federal budget draft: 150,000 Iraqi dinars per $100. https://www.myfxbuddies.com/2026/10/1500-dinars-per-1-iraqs-2027-budget.html According to Iraqi MP Dilan Ghafoor, the draft budget uses this exchange-rate figure and projects that the adjustment could add approximately 20 trillion dinars to government revenues, bringing the estimated budget to around 218 trillion dinars. But there is an important catch: This is NOT yet a final approved exchange rate. Ghafoor said the Ministry of Finance has studied the proposal, but approval by the Council of Ministers and Parliament is still required. The draft also reportedly uses an oil price assumption of $58 per barrel. So what would 150,000 dinars per $100 actually mean? In this video, we're breaking down: ๐Ÿ‡ฎ๐Ÿ‡ถ The proposed 150,000 IQD exchange rate ๐Ÿ’ต What 150,000 per $100 means in dollars-per-dinar terms ๐Ÿ“Š The difference between the current official rate and the proposal ๐Ÿ’ฐ Why the government says the change could increase dinar revenues ๐Ÿ“‹ Iraq's 218 trillion dinar draft budget ๐Ÿ›ข๏ธ The $58 oil-price assumption ๐Ÿฆ What the Central Bank's role could be ๐Ÿ“ˆ What could happen to the parallel market ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง What this could mean for purchasing power ๐Ÿ‡ฎ๐Ÿ‡ถ The unresolved Kurdistan Region budget issues ๐Ÿ”Ž And what has to happen before this becomes official THE BIG QUESTION: Will Iraq actually move to 150,000 dinars per $100โ€”or will the figure change before the 2027 budget becomes law? This is a developing budget story, so the final exchange-rate policy should be judged by the approved budget and official Central Bank/government announcements, not the draft alone. Thanks for Watching! Following Iraqโ€™s Story โ€” Donโ€™t Give Up ๐Ÿ’ฐ๐Ÿ”ฅ https://tinyurl.com/godhastheanswers๐Ÿ“Œ Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us