The Finance Committee in Iraq has officially confirmed that ⁠link to My FX Buddies Blog⁠ the exchange rate will remain the same in 2026 — no revaluation, no adjustment. In this update, we break down what this means for Iraq’s budget, economy, and dinar watchers around the world.

According to the committee, Iraq will keep operating under Law 1/12 of 2024, since the 2025 budget schedules haven’t been approved. That means only operational expenses will be covered — no major new development spending or financial expansion.

So, what does this decision signal for Iraq’s future? We’ll unpack why this move might reflect a wait-and-see policy, what it says about Central Bank re ...