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IS $3 BILLION THE NEW CARROT? Iraq Is Still Waiting for the Dollars
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Where are the $3 billion Iraq was expecting? https://www.myfxbuddies.com/2026/10/is-3-billion-new-carrot-iraq-is-still.html A new report from Al-Mada has put another major question on Iraq's dollar market. Parliamentary Finance Committee member Jamal Kojar says the Iraqi government was expecting $3 billion in Iraqi funds held in the United States to be released in one lump sum. But Kojar says he cannot confirm whether the money has arrived yet. He believes the delay may be contributing to the rise in the parallel-market dollar rate. He also says that government intervention and additional dollar availability could help bring the parallel rate toward approximately 155,000–156,000 dinars per $100. جريدة المدى Importantly, Kojar also clarified that these are Iraqi funds—not U.S. government money being sent to finance Iraq's budget. He said the expected funds are intended to support the exchange rate rather than the budget itself. جريدة المدى And this comes after Iraq's major exchange-rate change earlier this month. The new structure sets the Central Bank's purchase rate at 1,500 IQD per dollar, the bank rate at 1,510, and the public/end-user rate at 1,520. So the big questions are: 💵 Where are the $3 billion? 💵 Have the funds actually arrived? 💵 Can additional dollar liquidity calm the parallel market? 💵 Will the official and parallel rates move closer together? 💵 And what other measures could Iraq take next? We'll also look at the broader financial and economic developments surrounding Iraq's currency and 2027 budget. As always, we'll separate what has actually been confirmed from what is still being reported, expected, or speculated. Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 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