AGP Executive Report
Last update: 8 hours agoDinar Devaluation: Iraq has reset the official dollar rate to 1,520 dinars, a roughly 15% devaluation as war-related oil disruptions squeeze public finances. MPs are pushing to reverse the move, while households face higher costs for imported goods. Security: With the US-led coalition mission in Iraq formally ended, Baghdad faces greater counter-ISIS responsibility. Recent attacks near Kirkuk killed a police officer and wounded four others, prompting a nighttime curfew in Hawija. Oil and Trade: Exports have stabilized at 2.7 million barrels a day, the Oil Ministry says, bringing in about $4.5–5 billion monthly. Iraq is pursuing routes through Turkey and Syria, while Chinese refiners turn to Iraqi crude as Iranian supplies tighten. Iran Links: Iraqi Airways has resumed direct flights from Najaf to Tehran, Mashhad and Isfahan after a seven-month suspension, following a US sanctions waiver.
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