At a Glance

• The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.

• Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.

• Oil exports have rebounded near normal levels to 4.5 million barrels daily, bolstered by stabilizing financial conditions.

• Channel8 sources note that expanding electronic platform access for traders and steady US dollar inflows are critical factors supporting the currency.

The Iraqi dinar registered notable gains against the US dollar following a high-level diplomatic and economic tour by Prime Minister Ali Faleh Al-Zaidi to the United States.

Key Financial Developments and Economic Drivers

• Official Engagements: Prime Minister Al-Zaidi, accompanied by the ministers of finance and electricity, held pivotal discussions with US financial institutions to build active economic partnerships and reinforce national monetary stability.

• Oil Export Recovery: With production reaching 4.5 million barrels per day and exports exceeding 70 million barrels last month, oil revenues have largely stabilized following disruptions tied to the regional conflict with Iran.

• Market Perspectives: Erbil currency market spokesperson Keify Khoshnaw told Channel8 that while dinar strength depends heavily on dollar liquidity, market volatility may persist through the end of the month amid ongoing coalition footprint adjustments.

FYI

The Central Bank of Iraq manages monetary policy and regulates foreign currency exchange through electronic platforms designed to streamline trade financing and stabilize market exchange rates.

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