{"id":238258,"date":"2026-08-06T10:31:14","date_gmt":"2026-08-06T10:31:14","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/238258\/"},"modified":"2026-08-06T10:31:14","modified_gmt":"2026-08-06T10:31:14","slug":"exclusive-iraqs-currency-in-circulation-surges-past-86b-shafaq-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/238258\/","title":{"rendered":"Exclusive: Iraq\u2019s currency in circulation surges past $86B &#8211; Shafaq News"},"content":{"rendered":"<p>\n                            2026-08-04T21:26:11+00:00<\/p>\n<p>                                    font<\/p>\n<p>                                            Enable Reading Mode<\/p>\n<p>\n                                        A-<br \/>\n                                        A<br \/>\n                                        A+\n                                    <\/p>\n<p>Shafaq News- Baghdad<\/p>\n<p>Iraq\u2019s currency in circulation reached 113.560 trillion<br \/>\ndinars ($86.3B) in May 2026, adding 13.761 trillion dinars ($10.6B), or 13.8%,<br \/>\nfrom the end of 2025, according to a review by Shafaq News on Tuesday.<\/p>\n<p>Currency in circulation rose steadily during the first five<br \/>\nmonths of 2026, starting at 99.799 trillion dinars ($76.8B) in December 2025<br \/>\nbefore reaching 101.431 trillion dinars ($78.1B) in January. The figure then<br \/>\nclimbed to 104.614 trillion dinars ($80.5B) in February, 108.985 trillion<br \/>\ndinars ($83.8B) in March, 112.896 trillion dinars ($85.8B) in April, and<br \/>\n113.560 trillion dinars ($86.3B) in May.<\/p>\n<p>The largest monthly change came in March, when currency in<br \/>\ncirculation expanded by around 4.371 trillion dinars ($3.4B). The amount<br \/>\nrecorded another gain of 3.911 trillion dinars ($3.0B) in April before slowing<br \/>\nin May, with an increase of about 664 billion dinars ($511M).<\/p>\n<p>The rise coincided with pressure on Iraq\u2019s public finances,<br \/>\nincluding a gap between government revenues and spending, disruptions in oil<br \/>\nrevenue flows, and delays in salary payments for some state institutions.<\/p>\n<p>Mahmoud Dagher, a financial and banking expert who<br \/>\npreviously served as a director general at the Central Bank of Iraq (CBI),<br \/>\ndescribed currency in circulation as a normal CBI operation but noted that it<br \/>\nhad become the only available short-term measure to provide liquidity during<br \/>\nthe current period.<\/p>\n<p>Warning that the policy could contribute to inflationary<br \/>\npressure and place additional strain on foreign currency reserves, he stressed<br \/>\nthat Baghdad had limited alternatives and was forced to rely on the measure as<br \/>\nthe lesser of two risks.<\/p>\n<p>\u201cIraq did not have access to external financial support or<br \/>\na sovereign wealth fund that could provide additional resources,\u201d Dagher added,<br \/>\npointing to limited alternative oil export channels.<\/p>\n<p>Earlier today, the CBI <a href=\"https:\/\/shafaq.com\/en\/Economy\/Iraq-s-issued-currency-hits-86-3B-in-May\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> that Iraq\u2019s currency in<br \/>\ncirculation stood at 113.560 trillion dinars ($86.3B) at the end of May 2026,<br \/>\ncompared with 112.896 trillion dinars ($85.8B) a month earlier, as currency<br \/>\ncirculating outside the banking system continued to expand.<\/p>\n","protected":false},"excerpt":{"rendered":"2026-08-04T21:26:11+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad Iraq\u2019s currency in circulation reached 113.560 trillion&hellip;\n","protected":false},"author":2,"featured_media":238259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[14],"tags":[18207,3434,27927,66702,94,56163],"class_list":["post-238258","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iraq","tag-cash","tag-cbi","tag-central-bank-of-iraq","tag-exclusive-iraqs-currency-in-circulation-surges-past-86b","tag-iraq","tag-issued-currency"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/117048107432541410","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/238258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=238258"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/238258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/238259"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=238258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=238258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=238258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}