ARTICLE AD BOX
DINAR EXCHANGE : HOT HEADLINES FROM IRAQ
1. Kurdish–Baghdad Oil Revenue Clash Escalates
Baghdad has halted salary payments to public employees in the Kurdish region over alleged revenue-sharing failures, accusing Erbil of oil smuggling and non-compliance. Kurdish authorities denounce it as “collective punishment,” affecting thousands amid deepening tensions .#DINARREVALUATION
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2. Iraq’s OPEC Oil Strategy: Cuts to Stabilize Markets
In May, Iraq cut oil output to meet OPEC+ quota compliance, even as OPEC+ overall output rose slower than planned. Reuters notes Iraq intentionally reduced production to compensate for previous overproduction .
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3. Legal Clampdown on Kurdish Oil Smuggling
Iraq’s Oil Ministry has formally deemed the Kurdish region legally responsible for ongoing crude smuggling and may take action. The dispute includes stalled talks on resuming pipeline exports via Turkey .
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4. Central Bank Reserves Bouncing Back
As of May 22, Iraq’s foreign reserves increased to $98.8 billion, up from $97.9 b in early May, signaling stronger liquidity despite pressures on current account balances .
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5. Iraq Ranks #2 Arab Seaborne Oil Exporter
In May, Iraq averaged 3.27 million bpd of seaborne exports, second in the Arab world. This aligns with export strategies to remain within OPEC thresholds .
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6. Major Infrastructure & Trade Moves
•Iraq Development Road receives international attention—TIR transit agreement now active, linking Asia to Europe by mid‑2025 .
•Collaborations with the UK: A £12.3 billion trade package covers infrastructure, defense, and 5G networks aimed to fuel long-term economic reform .
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Why This Matters for the IQD Revaluation Narrative
•Energy revenues drive fiscal health: Oil export stability, stronger reserves & infra deals form the bedrock of any future currency strength.
•Internal disputes pose risk: Kurdish revenue standoffs and pipeline disruptions could undermine macroeconomic stability.
•CBI strength vs. currency stability: Reserves restoral suggests liquidity—key but not a signal of immediate RV.
2. Iraq’s OPEC Oil Strategy: Cuts to Stabilize Markets
In May, Iraq cut oil output to meet OPEC+ quota compliance, even as OPEC+ overall output rose slower than planned. Reuters notes Iraq intentionally reduced production to compensate for previous overproduction .
⸻
3. Legal Clampdown on Kurdish Oil Smuggling
Iraq’s Oil Ministry has formally deemed the Kurdish region legally responsible for ongoing crude smuggling and may take action. The dispute includes stalled talks on resuming pipeline exports via Turkey .
⸻
4. Central Bank Reserves Bouncing Back
As of May 22, Iraq’s foreign reserves increased to $98.8 billion, up from $97.9 b in early May, signaling stronger liquidity despite pressures on current account balances .
⸻
5. Iraq Ranks #2 Arab Seaborne Oil Exporter
In May, Iraq averaged 3.27 million bpd of seaborne exports, second in the Arab world. This aligns with export strategies to remain within OPEC thresholds .
⸻
6. Major Infrastructure & Trade Moves
•Iraq Development Road receives international attention—TIR transit agreement now active, linking Asia to Europe by mid‑2025 .
•Collaborations with the UK: A £12.3 billion trade package covers infrastructure, defense, and 5G networks aimed to fuel long-term economic reform .
⸻
Why This Matters for the IQD Revaluation Narrative
•Energy revenues drive fiscal health: Oil export stability, stronger reserves & infra deals form the bedrock of any future currency strength.
•Internal disputes pose risk: Kurdish revenue standoffs and pipeline disruptions could undermine macroeconomic stability.
•CBI strength vs. currency stability: Reserves restoral suggests liquidity—key but not a signal of immediate RV.
#DINARREVALUATION
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Bottom line: Oil policies and geopolitical rifts with the Kurdish region are currently the central levers shaping Iraq’s economy. These lay the groundwork—but still no official signal—for any dinar revaluation. Official CBI announcements remain the only credible triggers. #iraqidinarinvestor
Bottom line: Oil policies and geopolitical rifts with the Kurdish region are currently the central levers shaping Iraq’s economy. These lay the groundwork—but still no official signal—for any dinar revaluation. Official CBI announcements remain the only credible triggers. #iraqidinarinvestor
7:06 AM · Jun 13, 2025
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