📊 “Iraq’s Dollar Sales Soar 17% in 2025 — U.S. Energy Talks Signal Stronger Ties!” 🇮🇶💵⚡

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📊 “Iraq’s Dollar Sales Soar 17% in 2025 — U.S. Energy Talks Signal Stronger Ties!” 🇮🇶💵⚡

📰 Key Economic Highlights (October 28, 2025)

📈 Central Bank Dollar Sales Surge:

By July 2025, the Central Bank of Iraq (CBI) recorded $48 billion in hard currency sales — a 17% jumpcompared to last year.
Economic expert Manar Al-Obaidi projects sales could exceed $83 billion by year-end.
Daily average sales: over $350 million, marking the highest rate in CBI’s history.
💬 This surge reflects stronger import activity, market liquidity, and ongoing reforms in Iraq’s foreign currency management.

🇺🇸 Iraq–U.S. Energy Cooperation Deepens:

Oil Minister & Deputy PM for Energy Affairs, Hayan Abdul-Ghani, met with James P. Danly, U.S. Under Secretary of Energy.
Discussions focused on joint projects in oil, gas, and energy, boosting Iraq’s energy infrastructure and U.S.–Iraq strategic ties.
The meeting included key Iraqi officials from the Ministry of Oil and Gas Affairs, emphasizing Iraq’s commitment to international partnerships.

⚙️ Why It Matters:

Rising dollar sales suggest increased trade flow and market stability despite reform transitions.
Strengthened U.S.–Iraq cooperation could accelerate energy diversification and foreign investment.
Both developments signal Iraq’s push toward economic expansion and modernization in 2025.

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