🕌 Middle East 10h ago · Jawad Al-Samarraie

US dollar surges past 180,000 IQD amid parallel market disruption

Iraq News Wire
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Baghdad (IraqiNews.com) – Parallel currency exchanges across Iraq experienced severe disruption and sharp price swings on Wednesday, October 7, 2026, after the federal government abruptly modified the official exchange rate benchmark to 1,500 dinars per dollar for purchases and 1,520 dinars for retail sales to citizens.



The unexpected regulatory shift sent shockwaves through cash trading floors, propelling parallel dollar prices past the 170,000-dinar threshold per $100 and triggering d

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