The new headquarters of the Central bank of Iraq (CBI). Photo: Zaha Hadid Architects
Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) issued a definitive, categorical denial on Wednesday, June 17, 2026, shutting down widespread rumors regarding a planned devaluation or adjustment of the official Iraqi Dinar exchange rate.
In an official statement released via the Iraqi News Agency (INA), the monetary authority addressed emerging market anxieties and uncovered a sophisticated disinformation campaign targeting the national currency.
The CBI’s warning was prompted by the circulation of a highly realistic, forged official letter across financial networks.
The regulatory body firmly reiterated that the official sovereign exchange rate remains securely anchored at 1,300 IQD per $100 (safely reflected as the baseline 130,000 IQD threshold on local bourses).
The CBI urged all local news platforms and citizens to maintain strict precision when sharing economic news, emphasizing that updates regarding monetary policy, national liquidity parameters, and exchange rate metrics must be exclusively verified through official, authorized channels directly managed by the Central Bank of Iraq.