CBI INFO & IRAQI DINAR NEWS

Central Bank: Iraq’s exports reached $19.55 billion in the first quarter of 2026

Central Bank: Iraq’s exports reached $19.55 billion in the first quarter of 2026

2026-09-23

Shafaq News – Baghdad
Preliminary data from the Central Bank of Iraq showed that the country’s exports reached $19.55 billion during the first quarter of 2026, compared to imports of $10.27 billion, including shipping and insurance costs.

According to the balance of payments table seen by Shafaq News Agency, crude oil exports amounted to Read more…

With a difference of $18.5 billion, sales at Iraq’s currency window have sharply declined since the beginning of 2026.

With a difference of $18.5 billion, sales at Iraq’s currency window have sharply declined since the beginning of 2026.

2026-09-22

Shafaq News – Baghdad
Data from the Central Bank of Iraq showed a significant decline in sales at the foreign currency buying and selling window during the first eight months of 2026, recording about $35.27 billion, compared to about Read more…

Central Bank moves to lower dollar exchange rate against Iraqi dinar

Central Bank moves to lower dollar exchange rate against Iraqi dinar

9-21-2026

The Central Bank of Iraq has taken a new set of measures aimed at reducing the gap between the official and parallel exchange rates, and restoring stability to the dollar exchange rates in local markets.

An informed source at the Central Bank of Iraq stated that these measures were taken due to the rise in the exchange rate of the dollar against the Iraqi dinar in local markets on Saturday, exceeding Read more…

During July, total deposits and cash credit in Iraqi banks declined.

During July, total deposits and cash credit in Iraqi banks declined.

2026-09-21

Shafaq News – Baghdad
Economic indicators issued by the Central Bank of Iraq showed a decline in total deposits and cash credit in Iraqi banks during July 2026.

According to data seen by Shafaq News Agency, total cash deposits in Iraqi banks amounted to 100.982 trillion dinars at the end of July 2026, compared to Read more…

Central Bank moves to lower dollar exchange rate against Iraqi dinar

Central Bank moves to lower dollar exchange rate against Iraqi dinar

2026-09-20

Alsumaria News–
An economy that has taken Central Bank of Iraq Today, Sunday, a package of new measures aimed at reducing the gap between the official and parallel exchange rates, and restoring stability to the dollar exchange rates in local markets.
An informed source stated that Central Bank of Iraq Alsumaria News reported that these measures were taken due to Read more…

An economist identifies four reasons for the dollar’s rise and calls on the central bank to take urgent measures.

An economist identifies four reasons for the dollar’s rise and calls on the central bank to take urgent measures.

9-19-2026

Information / Baghdad..
On Saturday, economist Dirgham Muhammad Ali identified the real reasons behind the new rise in the exchange rate of the dollar against the Iraqi dinar, while calling on the Central Bank to take urgent measures to control the parallel market and inject hard currency.

Mohammed Ali told Al-Maalomah News Agency that “the current rise is due to a number of direct and indirect reasons, most notably Read more…

The Central Bank of Iraq: There is no shortage of dollars, and our reserves meet market needs.

The Central Bank of Iraq: There is no shortage of dollars, and our reserves meet market needs.

2026-09-19

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Saturday that its foreign reserves are sufficient to meet all demands for foreign currency allocated to financing foreign trade and settling bank cards.

The bank stated in a statement, received by Shafaq News Agency, that it has sufficient foreign reserves to meet all demands for foreign currency related to Read more…

New assurances from Al-Taif Bank: Depositors’ funds will be disbursed “soon”.

New assurances from Al-Taif Bank: Depositors’ funds will be disbursed “soon”.

2026-09-19

Shafaq News – Baghdad
The management of Al-Taif Islamic Bank, represented by the Trustees Committee, confirmed on Saturday that the ratios will be adopted in the near future to distribute depositors’ funds according to the balances available in the accounts in order to achieve the principle of fairness in distribution.

The administration stated in a statement received by Shafaq News Agency: “The bank’s branches in all governorates will also be supplied Read more…

An economist says Iraqi politicians’ statements and speculation are behind the rise in the dollar’s price.

An economist says Iraqi politicians’ statements and speculation are behind the rise in the dollar’s price.

2026-09-17

Shafaq News – Baghdad
On Thursday, economist Ali Daadoush blamed some politicians, the state of “uncertainty,” and speculation for the rise in the exchange rate of the US dollar against the Iraqi dinar.

Daadoush told Shafaq News Agency that the “irresponsible” statements of some politicians and non-experts directly affect local markets, especially the Read more…

The Central Bank of Iraq regulates the work of consultants and experts, and a source reveals government banking violations.

The Central Bank of Iraq regulates the work of consultants and experts, and a source reveals government banking violations.

2026-09-12

Shafaq News – Baghdad
The Central Bank of Iraq has directed all government banks and licensed non-bank financial institutions to regulate the work of their consultants and experts, ensuring clarity of powers and responsibilities and preventing overlap between advisory tasks and executive roles.

The Central Bank confirmed in a circular that consultants working for financial Read more…

After the spectrum… Will the loss of confidence in banks lead to a “liquidity crisis”?

After the spectrum… Will the loss of confidence in banks lead to a “liquidity crisis”?

2026-09-10

Shafaq News – Baghdad
Economic experts assure that depositors’ funds in Iraqi banks are not at risk, given the data available so far, or any indicators that would warrant imposing comprehensive restrictions on withdrawals. However, they pointed out that the crisis at Al-Taif Islamic Bank has brought back the loss of confidence in the banking sector to the forefront, and that the spread of fears and rumors may Read more…

The Central Bank sends a message to depositors of Al-Taif Bank: Withdrawals will be gradual and organized.

The Central Bank sends a message to depositors of Al-Taif Bank: Withdrawals will be gradual and organized.

2026-09-08

Shafaq News – Baghdad
On Tuesday, the Central Bank of Iraq reassured depositors of Al-Taif Islamic Bank that their financial rights are protected, stressing that imposing guardianship on the bank comes within supervisory and preventive measures aimed at protecting depositors’ funds.

The Central Bank stated in a statement received by Shafaq News Agency that “the rights of depositors of Al-Taif Islamic Bank are preserved,” explaining that “imposing guardianship on the bank Read more…

With an increase of one ton, Iraq strengthens its gold reserves and continues its global progress.

With an increase of one ton, Iraq strengthens its gold reserves and continues its global progress.

2026-09-08

Shafaq News – Baghdad
Data from the World Gold Council for August 2026 showed that Iraq maintained its position among the world’s largest gold holders, with an increase in its holdings compared to its last data.

According to data seen by Shafaq News Agency, Iraq’s gold reserves amounted to 175.6 tons, ranking it 28th globally, with gold constituting about 24.8% of its total reserves. The latest data for Iraq dates back to May 2026. Read more…

Spectrum Bank’s guardianship: Will people’s deposits be lost after the Central Bank’s intervention?

Spectrum Bank’s guardianship: Will people’s deposits be lost after the Central Bank’s intervention?

2026-09-08 03:30

Sadiq Al-Azraqi
The decision by the Central Bank of Iraq to place Al-Taif Islamic Bank for Investment and Finance under guardianship and appoint a guardian to manage it for 18 months due to the presence of “serious violations” that affected its financial position and the depositors’ funds, according to a letter from the bank that was circulated, has led to concerns, especially from the bank’s customers, about their deposited funds.

Immediately, gatherings took place in front of bank branches, where the crowds Read more…

Expert: The Iraqi banking sector faces tough reform, not collapse.

Expert: The Iraqi banking sector faces tough reform, not collapse.

2026-09-07

Shafaq News – Baghdad
Economic expert Manar Al-Obaidi said on Monday that the Iraqi banking sector is not going through a phase of collapse, but rather a process of “sorting, reforming and restructuring” that may be harsh, but is necessary to prepare the sector for a phase of greater growth.

Concerns have recently increased after the Central Bank of Iraq decided to Read more…

Central Bank: No more sanctions on the banking sector.

Central Bank: No more sanctions on the banking sector.

9-6-2026

The Central Bank of Iraq affirmed on Sunday its continued commitment to the reform process and denied the existence of any sanctions on the banking sector.
A statement issued by the bank, and reported by Al-Maalomah News Agency, quoted Governor Nizar Nasser Hussein as saying during a meeting with economic experts that the banking sector reform process is ongoing in coordination with Oliver Wyman. He clarified that there are no longer any Read more…

A demonstration in front of Al-Taif Bank in Karrada after it was placed under receivership.

A demonstration in front of Al-Taif Bank in Karrada after it was placed under receivership.

9-6-2026

Dozens of depositors demonstrated on Sunday in front of Al-Taif Islamic Bank in the Karrada district of central Baghdad, protesting the suspension of banking services and the freezing of withdrawal and deposit operations, following recent measures taken by the Central Bank of Iraq against the bank. The protesters demanded an end to the restrictions imposed on their accounts and permission to withdraw their financial deposits, stressing that their demands are limited to receiving their withheld funds and avoiding keeping them suspended.

The Central Bank of Iraq had decided to place Al-Taif Islamic Bank for Investment Read more…

The Central Bank denies raising the dollar exchange rate.

The Central Bank denies raising the dollar exchange rate.

9-5-2026

The Central Bank of Iraq denied on Saturday reports circulating about raising the exchange rate of the US dollar against the Iraqi dinar.
In a statement to Al-Maalomah News Agency, the bank said, “The reports suggesting a move to raise the dollar exchange rate are baseless,” emphasizing that “no decision has been issued in this regard.”
The bank added that “the official exchange rate adopted by the Central Bank Read more…

The Central Bank reassures depositors and confirms the protection of their funds.

The Central Bank reassures depositors and confirms the protection of their funds.

9-5-2026

The Central Bank of Iraq confirmed on Saturday that all depositors’ funds in licensed banks are protected, while noting that the Iraqi banking system enjoys sufficient liquidity to manage its operations efficiently. The bank stated in a statement that “the Central Bank of Iraq’s application of its powers to impose supervisory or trusteeship committees on one of the banks licensed by it directly (does not mean the bank’s bankruptcy) as has been circulated in some media outlets, but rather it is a legal precautionary supervisory measure to Read more…

An economic expert confirms Iraq’s need for a company specializing in debt purchasing.

An economic expert confirms Iraq’s need for a company specializing in debt purchasing.

9-4-2026

Information/Baghdad…
Economic expert Dr. Safwan Qusay emphasized Iraq’s need for a specialized debt-buying company to address the country’s financial crisis, noting the importance of establishing a mechanism for repaying both domestic and foreign debts.
Qusay told Al-Maalouma, “Iraq still lacks a specialized company that purchases debt at a discount, while most countries worldwide have such companies that buy debts, whether governmental or otherwise.” Read more…