The Governor of the Central Bank of Iraq, Ali Al-Alaq, has

⁠link to My FX Buddies Blog⁠

publicly denied any plan to change the dollar-to-dinar exchange rate, saying: “There is no talk or discussion within the Central Bank or the government about adjusting the official exchange rate.” His statement came during the Iraq Investment Forum, directly addressing days of speculation that Iraq might revalue or devalue its currency.

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💬 Why it matters: The rumor mill had stirred panic among citizens, traders, and investors worried about inflation or further pressure on the dinar. Al-Alaq’s message was clear — “Everything being circulated is untrue.” But analysts see this as more than a denial. It’s a calculated move to calm markets and prevent volatility in the face of global pressures and internal liquidity concerns.

💰 The big question: Will the dinar truly remain stable, or are these reassurances a temporary shield before deeper monetary adjustments ahead?

After more than two and a half years of suspension, link to My FX Buddies Blog⁠ the Kurdistan Region’s oil exports officially resumed — at a very specific time: 06:00 AM. But why that exact hour?

According to technology consultant Kewan Hassan, it’s no coincidence. The timing is tied directly to global market integration and electronic trading systems that keep the world’s oil flowing in sync.

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⏰ Here’s why 6:00 AM matters: Global Market Start: It aligns with the opening hours of the world’s top oil exchanges — NYMEX in New York and ICE in London — ensuring Kurdistan’s exports are in step with international pricing and futures contracts.

Electronic System Synchronization: At 6:00 AM, banking systems, trading platforms, and data networks worldwide begin processing oil transactions simultaneously. This guarantees consistency, reduces transaction delays, and ensures global liquidity moves evenly. The restart of Kurdistan’s oil exports from Duhok’s Peshawar field to Turkey’s World Port marks not just a return to trade, but Iraq’s reentry into the precise rhythm of global energy markets. ⁠#iqd⁠ ⁠#IraqiDinar⁠News⁠ ⁠#iraqidinar⁠

After 18 years of division, Iraq has entered a new era of energy unity. ⁠link to My FX Buddies Blog⁠

The State Oil Marketing Organization (SOMO) has released the full details of the historic tripartite oil agreement between Baghdad, Erbil, and the international oil companies operating in the Kurdistan Region — a deal that could permanently reshape Iraq’s oil policy and financial future. At a press conference, SOMO Director Ali Nizar Faiq explained that the deal was reached through “constructive, professional negotiations” and includes a new mechanism to compensate companies operating in Kurdistan. The agreement establishes:

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$16 per barrel compensation to the Kurdistan Region and its oil partners Revenues deposited into Iraq’s account at the U.S. Federal Reserve In-kind payments to replace direct cash transfers Oversight by an independent international consulting firm to verify production and transport costs The first phase of exports begins with 190,000 barrels per day, with 50,000 barrels reserved for domestic use in Kurdistan. Iraqi Prime Minister Mohammed Shia al-Sudani called it “an achievement we have been waiting for 18 years,” while KRG Prime Minister Masrour Barzani said it marks “a new chapter for fair wealth distribution and national partnership.” Experts like Nabil al-Marsoumi and Hoshyar Zebari believe this could become a permanent agreement — a long-term framework that strengthens Iraq’s sovereignty, attracts global investment, and restores stability to the nation’s energy sector. This historic deal doesn’t just restart oil exports — it redefines Iraq’s future.