CBI INFO & IRAQI DINAR NEWS

The Iraqi Central Bank denies the disappearance of large amounts of local currency and its smuggling to some neighboring countries

The Iraqi Central Bank denies the disappearance of large amounts of local currency and its smuggling to some neighboring countries

09/12/2023

The Central Bank of Iraq confirmed today, Saturday, that the accusations circulating about the disappearance of large amounts of local currency and their smuggling to neighboring countries are incorrect, indicating that the quantities of Iraqi currency are printed according to the needs of the national economy and under Read more…

More than a billion dollars in sales from the Iraqi Central Bank within a week

More than a billion dollars in sales from the Iraqi Central Bank within a week

2023-12-09 03:06

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than one billion dollars.

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

Iraqi Dinar/US Dollar auction results for today 12-7-2023

Iraqi Dinar/US Dollar auction results for today 12-7-2023

Results of the foreign currency selling window, Thursday 12/7/2023
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Government source: Shipments of millions of dollars arrive through a bank to Iraq

Government source: Shipments of millions of dollars arrive through a bank to Iraq

2023-12-07 03:21

Shafaq News/ A government source revealed, on Thursday, that shipments of millions of dollars arrived into the country through the Trade Bank of Iraq (TBI).

The source told Shafaq News Agency that shipments of millions of dollars had arrived through the bank as part of its plan to Read more…

Iraqi Dinar US Dollar auction results for today 12-6-2023

Iraqi Dinar US Dollar auction results for today 12-6-2023

Results of the foreign currency selling window, Wednesday 12/6/2023
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Iraqi Dinar/US Dollar auction results for today 12-5-2023

Iraqi Dinar/US Dollar auction results for today 12-5-2023

Results of the foreign currency selling window, Tuesday 12/5/2023
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With tens of millions of euros…the Central Bank begins covering retailers’ imports from Turkey

With tens of millions of euros…the Central Bank begins covering retailers’ imports from Turkey

2023-12-05

The Central Bank of Iraq began covering retailers’ imports from Turkey with tens of millions of euros as an initial payment, in implementation of the banking arrangements agreement concluded with Turkey last week.
A government source told Al-Sumaria News, “In implementation of the banking Read more…

Economist: Switching to electronic cards will allow the Central Bank to track the movement of the dinar

Economist: Switching to electronic cards will allow the Central Bank to track the movement of the dinar

12-5-2023

Information / Baghdad…
Economic expert, Safwan Qusay, confirmed on Tuesday that the shift towards adopting electronic cards in financial transactions will allow the Central Bank to track the movement of the dinar, pointing out that working with cards will contribute to launching projects, creating new job opportunities, and ensuring Read more…

Iraqi Dinar/US Dollar auction results for today 12-4-2023

Iraqi Dinar/US Dollar auction results for today 12-4-2023

Results of the foreign currency selling window, Monday 12/4/2023
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Parliamentary Integrity forms a committee to follow up on the dollar file

Parliamentary Integrity forms a committee to follow up on the dollar file

12-4-2023

Information/Baghdad..
Today, Monday, a member of the Parliamentary Integrity Committee, Doha Al-Qasir, revealed the formation of a small committee within the committee to follow up on the dollar file in the Central Bank of Iraq.

Al-Quseir said in an interview with the Maalouma Agency, “Parliamentary Integrity formed a small committee to follow up on the issue of the rise Read more…

Finance explains the reasons for choosing Ernst & Young International to review its data

Finance explains the reasons for choosing Ernst & Young International to review its data

04-12-2023

Today, Monday, the Ministry of Finance revealed the reasons for choosing the international auditing firm Ernst & Young (EY) to review its data.

The Ministry stated in a statement, “The media and social networking sites have recently circulated topics related to the reasons for the Ministry of Finance choosing Read more…

Iraqi Dinar/US Dollar auction results for today 12-3-2023

Iraqi Dinar/US Dollar auction results for today 12-3-2023

Results of the foreign currency selling window, Sunday 12/3/2023
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Central Bank: Agreement on trade exchange with Turkey (dinar versus euro or Turkish lira)

Central Bank: Agreement on trade exchange with Turkey (dinar versus euro or Turkish lira)

12-3-2023

On Saturday, the Central Bank of Iraq announced an agreement to make arrangements between Iraqi banks and their Turkish counterparts through intermediary banks.

The bank said in a statement, a copy of which was received by Jarida , that “the discussions conducted by a joint Iraqi delegation Read more…

The Central Bank reveals the results of the discussions of the joint Iraqi delegation in Türkiye

The Central Bank reveals the results of the discussions of the joint Iraqi delegation in Türkiye

2023-12-03 09:02

Shafaq News/ The Central Bank of Iraq revealed, on Saturday, the discussions of the joint Iraqi delegation in Turkey.

The bank said in a statement received by Shafaq News Agency, “The discussions conducted by a joint Iraqi delegation (the government, the central bank, the Association of Iraqi Private Banks, and the banking sector represented by Read more…

The National Payments Council reviews countries’ experiences in electronic payment systems

The National Payments Council reviews countries’ experiences in electronic payment systems

12-2-2023

Information / Baghdad.
Today, Saturday, the Governor of the Central Bank, Ali Mohsen Al-Alaq, chaired the first meeting of the Iraqi National Payments Council, while the experiences of other countries in this field were reviewed.

A statement from the Central Bank Read more…

Iraqi Dinar/US Dollar auction results for today 11-30-2023

Iraqi Dinar/US Dollar auction results for today 11-30-2023

Results of the foreign currency selling window, Thursday 11/30/2023
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WOW! Iraq is moving towards implementing the principle of monetary sovereignty.. What does this mean?

Iraq is moving towards implementing the principle of monetary sovereignty.. What does this mean?

November 30, 2023

Moaz Fraihat – Washington
Monetary policy in Iraq faces many challenges, especially in light of the presence of an irregular currency exchange market run by networks that manipulate the prices of the dollar against the dinar, according to local media reports.

In the face of “monetary dualism” that has harmed the country’s economy, Iraq is moving towards applying the principle of “monetary sovereignty,” according to what the financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Read more…

A parliamentarian accuses the Central Bank of hiding the facts about the currency auction

A parliamentarian accuses the Central Bank of hiding the facts about the currency auction

11-30-2023

Information / Baghdad..
On Thursday, Member of Parliament Hadi Al-Salami confirmed the absence of transparency standards in the Central Bank auction, pointing out that the Central Bank hides the details of its daily bulletin of hard currency sales.

Al-Salami said in an interview with the Maalouma Agency, “There is no daily Read more…

Economic: Electronic fuel cards contribute to eliminating the smuggling of derivatives

Economic: Electronic fuel cards contribute to eliminating the smuggling of derivatives

11-30-2023

Information / Baghdad…
Economic expert, Safwan Qusay, confirmed on Thursday that electronic fuel cards will contribute to eliminating the corruption occurring in the file of oil derivatives and fuel smuggling and selling it in the markets.

Qusay told Al-Maalouma, “The policy of the Central Bank is to track the Iraqi dinar Read more…

Iraqi Dinar/US Dollar auction results for today 11-29-2023

Iraqi Dinar/US Dollar auction results for today 11-29-2023

Results of the foreign currency selling window, Wednesday 11/29/2023
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