Iraq secures new US dollar cash shipment following Al Zaidi’s New York talks

Iraq secures new US dollar cash shipment following Al Zaidi’s New York talks

President Donald Trump welcomes Iraqi Prime Minister Ali al-Zaidi during a meeting in the Oval Office at the White House in Washington, D.C., where the two leaders discussed expanding economic cooperation, energy investment and the future of U.S.-Iraq relations. Baghdad (IraqiNews.com) – Iraqi Prime Minister Ali Faleh Al-Zaidi reached formal understandings with U.S. authorities to secure the regular delivery of physical U.S. dollar cash shipments to Iraq, following bilateral and multilateral engagements alongside U.S. President Donald Trump in New York. Government spokesperson Haider Al-Aboudi confirmed the development on Saturday, September 26, 2026, in an official statement reported by the 964 Network, indicating that high-level diplomatic contacts helped unblock logistical pipelines governing foreign currency transfers to the Central Bank of Iraq. Al-Aboudi stated that a new installment of physical dollar currency is slated to arrive in Baghdad within the coming days, replenishing sovereign foreign exchange reserves and reinforcing domestic market liquidity. The government spokesman emphasized that the agreement directly reflects substantial structural progress achieved by Iraqi monetary and fiscal authorities in tightening regulatory control over foreign currency distribution channels, enhancing transparency through the electronic trading platform, and preventing the illicit diversion of commercial liquidity. The impending cash arrival comes at a critical juncture for Iraq’s parallel currency markets, where the dinar has steadily recovered toward the 157,000 range per $100 after trading near 160,000 earlier in September. Iraqi financial officials anticipate that the scheduled cash injections, combined with comprehensive regulatory compliance recognized during the New York meetings, will help bridge the spread against the Central Bank of Iraq’s official statutory peg of 131,000 dinars per $100 and stabilize domestic commodity pricing across the country.

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