2026-04-22T11:04:41+00:00
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Shafaq
News- Baghdad
Iraq has
received no official notice indicating a halt in US dollar shipments, an
economic expert told Shafaq News on Wednesday, stressing that no supporting
information appears on the US Treasury’s website.
According
to Mahmoud Dagher, former Director General at the Central Bank of Iraq (CBI),
the rumors are being amplified by parties seeking to take advantage of the
current media environment as political negotiations over government formation
continue.
“While
the speculation may weigh on public sentiment, it has not driven any unusual
swings in the exchange rate,” he added, noting that current fluctuations remain
within a normal range typically associated with periods of regional tension.
Dagher
further indicated that physical dollar shipments arriving by air from the
United States account for only about 7% of Iraq’s daily dollar needs, while
most demand is covered through banking channels and transfers used to finance
imports.
Stressing
that dollar liquidity remains sufficient to support trade and meet seasonal
demand, including that of pilgrims, he described the overall financial
situation as relatively stable despite ongoing geopolitical pressures.
Earlier
today, the Wall Street Journal reported that the United States blocked the
transfer of roughly $500 million in Iraqi oil revenues to Baghdad, pointing to
US dissatisfaction over Iraq’s “slow progress” in curbing Iran-aligned armed
factions.