CBI INFO & IRAQI DINAR NEWS

Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons

Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons

2025-03-11

The Governor of the Central Bank, Ali Al-Alaq, stated on Tuesday that Iraq has one of the highest gold reserves among Arab countries, amounting to 162 tons. Al-Alaq stated in a statement to the official agency that “the Central Bank is closely monitoring the movement of gold and currencies,” noting that Read more…

National Bank of Iraq acquires Al-Ittihad International Insurance Company

National Bank of Iraq acquires Al-Ittihad International Insurance Company

2025-03-09

Shafaq News/ The National Bank of Iraq announced, on Sunday, its acquisition of the International Union Insurance Company, after obtaining all necessary approvals from the Central Bank.

The bank said in a statement received by Shafak News Agency that this acquisition comes within the framework of the National Bank of Iraq’s strategy Read more…

Central Bank: Comprehensive digital transformation in the financial sector is coming soon

Central Bank: Comprehensive digital transformation in the financial sector is coming soon

2025-03-08

The Governor of the Central Bank of Iraq, Ali Al-Alaq, stated today, Saturday, that Iraqi banks are close to transforming into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in Read more…

The Central Bank cancels the license of Al-Tufan Exchange and Financial Brokerage Company

The Central Bank cancels the license of Al-Tufan Exchange and Financial Brokerage Company

2025-03-07

The Central Bank of Iraq decided to cancel the license of Al-Tufan Exchange and Brokerage Company due to what it described as violations of Regulations No. (1) of 2022, which regulate the work of exchange and financial brokerage companies in Iraq. According to the document issued by the Central Bank, Read more…

Al-Sudani issues directives regarding the development of electronic payment systems

Al-Sudani issues directives regarding the development of electronic payment systems

3-6-2025

Information/Baghdad…
Prime Minister Mohammed Shia Al-Sudani issued directives today, Thursday, regarding the development of electronic payment systems and the promotion of digital transactions in all government departments.
The Prime Minister’s Media Office stated in a statement received by Al-Maalouma Agency that “based on the government’s approach to administrative and financial Read more…

Iraq’s annual inflation falls to 2.8%

Iraq’s annual inflation falls to 2.8%

2025-03-05 00:58

Shafaq News/ The Central Bank of Iraq announced, on Wednesday, that the annual inflation rate in the country has decreased to 2.8%.

The bank said in a statement received by Shafak News Agency, “Annual inflation decreased in Iraq from 4% Read more…

Increase in the cash credit ratio of banks operating in Iraq

Increase in the cash credit ratio of banks operating in Iraq

3-4-2025

Al-Maalouma/Baghdad …
The Central Bank of Iraq announced today, Tuesday, an increase in the ratio of total cash credit to total deposits for banks operating in Iraq.
The Central Bank stated in a statement received by /Al-Maalouma/ Agency, that “the credit to deposit ratio is one of the most important indicators used to measure Read more…

Expert: Stopping the currency auction at the Central Bank of Iraq is behind the return of the dollar’s ​​rise

Expert: Stopping the currency auction at the Central Bank of Iraq is behind the return of the dollar’s ​​rise

2025-03-04 00:54

Shafaq News/ Economic expert Mohammed Al-Hasani suggested on Tuesday that the Central Bank of Iraq’s suspension of holding a hard currency auction is behind the return of the dollar’s ​​price hike in local markets.

Al-Hasani told Shafaq News Agency, “The bank did not publish the currency auction on its website during the past two days, which led to an increase in demand Read more…

Central Bank: Loans and advances in the Iraqi banking sector increased by 5.4%

Central Bank: Loans and advances in the Iraqi banking sector increased by 5.4%

2025-03-03

The Central Bank of Iraq announced, on Monday, a significant increase in the volume of loans and advances in the banking sector by 5.4% during the last quarter of 2024, reflecting the growing financing capacity Read more…

Iraq’s gold reserves grow by 45.1 percent

Iraq’s gold reserves grow by 45.1 percent

3-2-2025

Information/Baghdad …
The Central Bank of Iraq announced today, Sunday, that gold reserves recorded a growth of 45.1 percent.
The Central Bank said in a statement received by /Al-Maalouma/ Agency, that “the gold reserves of the Central Bank of Iraq recorded a growth of Read more…

About 1.5 billion.. A big jump in the Central Bank of Iraq’s dollar sales

About 1.5 billion.. A big jump in the Central Bank of Iraq’s dollar sales

2025-03-01 03:41

Shafaq News/ The total sales of the hard currency of the US dollar by the Central Bank of Iraq, which opened the auction last week, amounted to about one and a half billion, in a clear increase in sales.

Shafaq News Agency correspondent stated that the Central Bank Read more…

After Rashid.. Rafidain warns against trading in “digital currencies and Forex”

After Rashid.. Rafidain warns against trading in “digital currencies and Forex”

2025-02-28 00:06

Shafaq News/ Rafidain Bank warned, on Friday, against using electronic payment tools in trading “digital currencies and Forex.”

The bank stated in a statement received by Shafaq News Agency, “In line with the directives of the Central Bank of Iraq, we call on customers to refrain from using electronic payment tools, including Read more…

Foreign currency sale results for Thursday 2-27-2025

Foreign currency sale results for Thursday 2-27-2025

Foreign currency sale results for Thursday 2/27/2025

the details Read more…

Iraqi government bank warns against trading in digital currencies and “forex” activity

Iraqi government bank warns against trading in digital currencies and “forex” activity

2025-02-27 00:16

Shafaq News/ Rashid Bank warned, on Thursday, against trading in digital currencies and Forex activity.

The bank said in a statement received by Shafaq News Agency, “Based on the directives of the Central Bank of Iraq, we warn all citizens Read more…

Including Iraq… Central banks are fortifying themselves with the precious metal as a safe haven

Including Iraq… Central banks are fortifying themselves with the precious metal as a safe haven

2025-02-27 02:00

Shafaq News/ Gold hit an all-time high of $2,940 per ounce on Thursday, pushing the market value of gold above $20 trillion for the first time ever, as trade tensions between the United States and Europe fueled fears of a global economic slowdown.

While safe haven demand is certainly one of the catalysts, another potential catalyst Read more…

Foreign currency sale results for Wednesday 2-26-2025

Foreign currency sale results for Wednesday 2-26-2025

Foreign currency sale results for Wednesday 2/26/2025

the details Read more…

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

2025-02-26 00:07

Shafaq News/ The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday the intention to create a digital banking currency to replace paper currencies.

Al-Alaq said, in a speech during the 9th Finance and Banking Services Conference Read more…

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

2025-02-26 00:07

Shafaq News/ The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday the intention to create a digital banking currency to replace paper currencies.

Al-Alaq said, in a speech during the 9th Finance and Banking Services Conference Read more…

Central Bank of Iraq announces details of electronic payment

Central Bank of Iraq announces details of electronic payment

2025-02-26

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, the details of electronic payment throughout Iraq, and while he pointed out that the financial inclusion rate has increased to more than 40%, he confirmed that the bank has achieved international integration by linking Read more…

Foreign currency sale results for Tuesday 2-25-2025

Foreign currency sale results for Tuesday 2-25-2025

Foreign currency sale results for Tuesday 2/25/2025

the details Read more…