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Iraq
Friday, October 16, 2026

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Dollar Slips Against Iraqi Dinar in Baghdad and Erbil as Markets Open

The USD/IQD exchange rate edged lower in Iraq on Tuesday morning. The decline appeared in both Baghdad and Erbil markets. The dollar hovered near 155,500 dinars...

Iraq Adds One Tonne to Gold Reserves, Retains Global Ranking

Iraq gold reserves increased by one tonne, reaching 175.6 tonnes, according to World Gold Council data. The latest figures cover Iraq’s holdings through May 2026....

Basrah Crude Rises Nearly 2% as Global Oil Prices Gain

Basrah crude prices moved higher on Tuesday, following a broader rise across several global oil markets. The increase came as international benchmarks posted gains during...

Oil Prices Rise as Middle East Conflict Raises Supply Fears

Middle East oil risks pushed crude prices higher on Tuesday as tensions between Iran and the United States intensified. Traders grew increasingly concerned about possible...

Iran and Iraq Push New Trade Drive Along Border

Border trade expansion is gaining momentum as Iran and Iraq pursue new projects to strengthen economic ties. Officials from both countries are focusing on agriculture,...

Basrah Medium Surges Past $85 as Iraqi Oil Prices Rebound

Basrah Medium price rebound gained momentum in early September, pushing Iraq’s key crude grade above $85 a barrel. The latest move marks a sharp recovery...

Gold Prices Slide as Markets Brace for Fed Rate Hike

Gold prices fall on Monday as stronger U.S. employment data increases expectations for higher interest rates. Investors are now watching upcoming inflation figures for clues...

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