Central Bank denies dollar rate hike

The Iraqi Central Bank has stated that it has not raised the exchange rate of the dollar, confirming that it remains stable at 155,000 dinars per banknote. It also indicated that electronic payment transactions during the first half of 2026 amounted to 21.2 trillion dinars, and that depositors' funds are protected, and bank guardianship does not mean their bankruptcy. The Ministry of Oil confirmed that there has been no gasoline exports after the activation of the Residue Fluid Catalytic Cracking (RFCC) unit. Tensions continue between security agencies and economic measures, along with ongoing disputes over fiscal policies and their impact on the market and currencies.

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