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Sunday, September 6, 2026

US Dollar Climbs as Iraq Markets Open Higher

The Iraqi dollar exchange rate moved higher in Baghdad and Erbil on Sunday. The US currency traded near 155,000 Iraqi dinars for every $100. The rise...
HomeEconomyCBI Rejects Dollar Rate Rumors as Iraq Faces Fresh Currency Claims

CBI Rejects Dollar Rate Rumors as Iraq Faces Fresh Currency Claims

The Iraq dollar rate remains unchanged, according to the Central Bank of Iraq (CBI). The bank dismissed online claims about a new exchange rate starting Sunday. The rumors suggested that dollar deposits would receive a rate of 1,460 Iraqi dinars.

CBI media director Haider Ghazi rejected the reports on Saturday. He said the claims aim to create uncertainty around Iraq’s economy and currency market. Ghazi urged the public to rely on official information instead of social media posts.

The central bank’s latest published figures support the statement. Data released on September 3 placed the US dollar at 1,310 Iraqi dinars. The figures provide the latest official reference for the exchange rate.

The claims gained attention ahead of September 6. However, the CBI said it had not issued any decision changing the official rate. No announcement confirmed a move toward 1,460 dinars per dollar.

The latest controversy follows similar currency rumors earlier this year. In June, the CBI rejected another document circulating online. That document falsely claimed that the Iraqi government had requested a dollar rate of 1,600 dinars.

The repeated appearance of such claims has raised concerns about misleading financial information. Exchange rate rumors can quickly influence public expectations and market sentiment. They can also create confusion for businesses and individuals managing dollar transactions.

For now, the Iraq dollar rate remains at the level cited by the central bank. The CBI continues to publish official figures through its established channels. Investors, businesses, and consumers can use those releases when assessing currency developments.

The bank’s latest denial also highlights the importance of checking financial claims carefully. Social media posts can spread unverified information within minutes. Official statements remain the strongest source for confirmed changes to monetary policy.

As September 6 approaches, the CBI has given no indication of an upcoming rate adjustment. The bank’s position remains clear after the latest round of online speculation. The Iraq dollar rate therefore remains unchanged unless the CBI announces a formal decision