Central Bank Stabilizes Dollar at 1310 Dinars, Reassures Iraqi Markets

The Central Bank of Iraq announced on Thursday, April 23, 2026, maintaining the official exchange rate stability at 1310 dinars per dollar, aligning with the general budget. The CBI reassured citizens about the strength of cash reserves and continued currency injection to cover imports. Despite a slight dollar rise in the parallel market to 1325 dinars due to the regional crisis, economic circles warned of the consequences of the continued Hormuz Strait closure on global oil markets.