mniraq - Currency exchange markets in Iraq witnessed on Sunday (September 20, 2026) a relative decline in the dollar exchange rate against the dinar, after it had approached the threshold of 160,000 dinars per 100 dollars in recent days, a move that sparked widespread debate in economic and popular circles.
According to field follow-ups, this decline does not necessarily reflect a real drop in prices, but is viewed as a media-driven decrease promoted by certain parties, without being translated into an actual and stable change in the local market.
In parallel, this decline coincided with field operations led by the competent security authorities, which launched a campaign to pursue and close a number of violating exchange offices that deal at unofficial prices outside the approved legal frameworks.
Experts believe these measures may temporarily contribute to curbing price increases, but they do not represent a radical solution to the exchange rate volatility crisis, unless accompanied by deeper economic steps to control the market and enhance monetary stability.
