AGP Executive Report
Last update: 11 hours agoCurrency Shock: Baghdad reset the dinar’s official rate from 1,320 to as much as 1,520 per dollar, a roughly 15% devaluation tied to disrupted oil revenues. The parallel-market rate topped 170,000 dinars per $100, raising fears of higher import prices. Security: A police officer was killed in an ISIS attack near Kirkuk, while Iraqi forces announced the arrest of a suspected ISIS leader there, days after the US-led coalition’s military mission ended. Turkey Ties: Prime Minister Ali al-Zaidi says Baghdad and Ankara agreed on the withdrawal of Turkish troops from Iraq. Oil Trade: Chinese independent refiners are buying more Iraqi crude to replace Iranian supplies, underscoring Iraq’s role as Gulf exports shift. Connectivity: Ooredoo’s OFN and iQ Networks signed a deal to extend fibre links across Iraq, supporting a planned data corridor between the Gulf and Europe. Anti-Corruption: Investigators uncovered more than 2.19 billion dinars in alleged embezzlement at Salah al-Din’s traffic directorate and opened inquiries into five senior officers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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