🕌 Middle East 11h ago · Jawad Al-Samarraie

Iraqi MP demands emergency session as official dollar hike paralyzes markets

Iraq News Wire
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Baghdad (IraqiNews.com) – Iraqi Member of Parliament Miqdad Al-Khafaji called on the Council of Representatives on Wednesday, October 7, 2026, to convene an immediate emergency session to compel the federal government to reverse its decision devaluing the Iraqi dinar against the U.S. dollar.



The legislative push comes as the official adjustment to 1,500 dinars per dollar triggers immediate price shocks, widespread commercial freezes, and severe market gridlock across Iraqi wholesale hub

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