Monday, April 13, 2026
13 C
Baghdad

62 Trillion Iraqi Dinars Rodent Damage Rumor Denied

Prime Minister Mohammed Shia al-Sudani’s financial adviser, Mazhar Mohammed Saleh, firmly rejected a bizarre rumor that 62 trillion Iraqi dinars had been destroyed by rodents. He called the claim baseless, misleading, and economically impossible.

Saleh addressed the issue in a statement. He said, “Some social media platforms recently circulated unreasonable claims about the destruction of massive amounts of currency due to ‘rats and mice.’” He stressed that these reports lack credibility, logic, and any factual basis.

According to Saleh, Iraq’s total currency supply—including both circulating and reserve cash—does not exceed 100 trillion dinars. Therefore, the claim that rodents destroyed 62 trillion Iraqi dinars is not only inaccurate but also defies all financial reasoning. No economic or environmental event could cause such extensive damage.

He also explained that the public holds most of Iraq’s money—roughly 88%—outside the banking system. People keep that cash in many different locations, not in one central place. As a result, rodents cannot damage it on such a large scale.

Additionally, Saleh said officials follow strict procedures when handling Iraqi currency. They inspect and control every phase, from printing to storage. The Central Bank regularly replaces and audits currency using regulated systems. Therefore, no one leaves 62 trillion Iraqi dinars unprotected or unattended.

He warned that such rumors aim to confuse people and stir panic. These fabricated stories exploit gaps in financial literacy and seek to undermine public trust. Saleh urged citizens not to fall for such disinformation. He encouraged everyone to verify facts through official channels.

In conclusion, Saleh described the viral story as an insult to public intelligence. He emphasized Iraq’s commitment to protecting its financial integrity and maintaining transparency. Moving forward, the government plans to monitor misinformation more closely to prevent similar false claims from spreading.

Hot this week

World Leaders Congratulate Iraq’s New President Nizar Amedi

Nizar Amedi's presidency congratulations dominated regional and international political...

The U.S. Dollar Edges Higher in Baghdad and Erbil Currency Markets

The U.S. dollar-Iraq exchange rate opened higher on Sunday...

Iraq’s Coordination Framework Bloc May Choose New Figure for PM Role Amid Divisions

Iraq prime minister selection process moved into a critical...

Strait of Hormuz Oil Transit Rises as Tanker Flows Surpass 6 Million Barrels

Strait of Hormuz oil transit increased as tankers moved...

Prime Minister Affirms Importance of Supporting Regional and International De-Escalation Efforts

Iraq de-escalation diplomacy took center stage during a high-level...

Topics

World Leaders Congratulate Iraq’s New President Nizar Amedi

Nizar Amedi's presidency congratulations dominated regional and international political...

The U.S. Dollar Edges Higher in Baghdad and Erbil Currency Markets

The U.S. dollar-Iraq exchange rate opened higher on Sunday...

Iraq’s Coordination Framework Bloc May Choose New Figure for PM Role Amid Divisions

Iraq prime minister selection process moved into a critical...

Strait of Hormuz Oil Transit Rises as Tanker Flows Surpass 6 Million Barrels

Strait of Hormuz oil transit increased as tankers moved...

Prime Minister Affirms Importance of Supporting Regional and International De-Escalation Efforts

Iraq de-escalation diplomacy took center stage during a high-level...

Gold Prices Rise in Baghdad and Stay Stable in Erbil Markets

Gold prices in Iraq showed slight upward movement in...

Dollar Slips in Baghdad and Erbil as Exchange Rates Decline

Dollar slips in Baghdad, signaling a shift in Iraq’s...

Basrah Crude Drops Sharply as Global Oil Prices Rise

Basrah crude drops sharply, creating a strong contrast with...

Related Articles