Geopolitical Tensions Push the Dollar Higher - But Iraq Says It’s Stable

My FX Buddies · Feb 12, 2026 · 31m

The US dollar is rising sharply in Iraqi markets, reaching over

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151,500 dinars per $100 — even as the Central Bank insists the official exchange rate remains unchanged.

Economic expert Shwan Hadi explains that global and regional geopolitical tensions are fueling the increase, pushing traders toward the parallel market.

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