CBI INFO & IRAQI DINAR NEWS

The Central Bank reduces the costs of using electronic payment cards abroad.

The Central Bank reduces the costs of using electronic payment cards abroad.

2026-11-08

Shafaq News – Baghdad
The Central Bank of Iraq directed on Sunday that the costs of using electronic payment cards outside the country be reduced.

The bank said in a statement received by Shafaq News Agency that “banks and electronic payment service providers issuing cards must adopt the exchange rate of the US dollar, which is (1520) Iraqi dinars per US dollar.” Read more…

100 trillion dinars are circulating outside banks, and Iraqis continue to prefer cash.

100 trillion dinars are circulating outside banks, and Iraqis continue to prefer cash.

2026-11-04

Shafaq News – Baghdad
Indicators from the Central Bank of Iraq showed a continued rise in the volume of currency circulating outside the banking system, reaching about 100.183 trillion dinars at the end of August 2026, despite recording a decline compared to the previous month. Read more…

Iraq’s foreign reserves exceed 113 trillion dinars and its gold reserves amount to 35 trillion dinars.

Iraq’s foreign reserves exceed 113 trillion dinars and its gold reserves amount to 35 trillion dinars.

2026-11-02

Shafaq News – Baghdad
Data from the Central Bank of Iraq’s financial indicators showed that official reserves rose to about 113.991 trillion dinars on October 15, 2026, while the value of gold and special drawing rights amounted to about 35.324 trillion dinars.

According to data seen by Shafaq News Agency, reserves recorded an increase Read more…

Al-Zubaidi: All the Central Bank’s measures to control the dollar exchange rate have failed.

Al-Zubaidi: All the Central Bank’s measures to control the dollar exchange rate have failed.

11-1-2026

Information/Special…
Salam al-Zubaidi, spokesperson for the Victory Coalition, confirmed on Sunday that it is difficult for the Central Bank and the government to control the discrepancies between the official exchange rate and the black market rate. He indicated that all statements made are merely pronouncements, and what will prevent this manipulation is strong and deterrent measures. Read more…

The Central Bank denies to Shafaq News raising the dollar quota for travelers to $3,500.

The Central Bank denies to Shafaq News raising the dollar quota for travelers to $3,500.

2026-11-01

Shafaq News – Baghdad
The Central Bank of Iraq denied on Sunday the news circulating about raising the ceiling for selling dollars to travelers to $3,500, instead of $2,000.

The Central Bank’s media director, Haider Ghazi, told Shafaq News Agency that what some social media pages have circulated regarding a document about increasing the dollar quota allocated to travelers to $3,500 is fake, stressing Read more…

Central Bank of Iraq: No changes to the terms and requirements for gold trading companies

Central Bank of Iraq: No changes to the terms and requirements for gold trading companies

2026-10-31

Shafaq News – Baghdad
The Central Bank of Iraq denied on Saturday what some media platforms and social media sites have reported regarding a decision to reduce the minimum capital requirements for gold trading companies, and what the news included in terms of figures and details related to the classification of these companies and their work requirements. Read more…

The central bank denies printing new currency and announces that the exchange rate gap has narrowed to 9%.

The central bank denies printing new currency and announces that the exchange rate gap has narrowed to 9%.

10-29-2026

Central Bank Governor Nizar Nasser Hussein confirmed on Thursday that talk of printing new currency is inaccurate, noting that the difference between the official exchange rate and the parallel market rate has decreased from 24% previously to 9% currently.

The media office of the House of Representatives stated in a statement that the Parliamentary Investment and Development Committee, headed by the oldest member, MP Nahida Al-Daini, conducted a visit to the Central Bank Read more…

The Central Bank denies issuing a list of political figures for vetting.

The Central Bank denies issuing a list of political figures for vetting.

10-29-2026

The Central Bank of Iraq denied on Thursday issuing an audit list for political figures, stating in a statement that “what has been circulated by some news sites and social media platforms regarding its request to audit the accounts of specific political figures is completely false.” Read more…

The Central Bank of Iraq grants its employees housing loans of up to 300 million dinars

The Central Bank of Iraq grants its employees housing loans of up to 300 million dinars

2026-10-28

Shafaq News – Baghdad
The Board of Directors of the Central Bank of Iraq approved a new mechanism for housing finance allocated to bank employees, which includes setting financing ceilings and repayment periods in a way that contributes to easing the financial burdens on employees and enhancing their opportunities to obtain housing finance.

According to Resolution No. (164) of 2026, issued based on the deliberations of the Board of Directors, Read more…

Central Bank: Iraq’s reserves have recovered by approximately $80 billion, and Al-Zidi is monitoring the arrival of shipments.

Central Bank: Iraq’s reserves have recovered by approximately $80 billion, and Al-Zidi is monitoring the arrival of shipments.

10-27-2026

The Central Bank of Iraq confirmed on Tuesday that Iraq’s dollar reserves have recovered to approximately $80 billion during September and October, reassuring citizens about the availability of cash dollars. The bank indicated that new shipments are expected to arrive in the country in the coming days. Mahmoud Daghir, advisor to the governor of the Central Bank of Iraq and the bank’s spokesperson, told the official news agency that “total dollar reserves, Read more…

One billion dollars in cash is on its way to Iraq… Government moves to strengthen the dinar and reduce demand for hard currency.

One billion dollars in cash is on its way to Iraq… Government moves to strengthen the dinar and reduce demand for hard currency.

10-26-2026

Mahmoud Dagher, advisor to the governor of the Central Bank and spokesman for the bank, confirmed on Saturday that the Prime Minister’s actions contributed to convincing the US Federal Reserve to ensure the smooth flow of cash dollars into Iraq.

Dagher said in press statements that increasing cash dollar shipments would enhance the stability of the local market and reduce informal demand Read more…

With an 8.8% increase, the Central Bank of Iraq’s sales exceeded $4 billion in September.

With an 8.8% increase, the Central Bank of Iraq’s sales exceeded $4 billion in September.

2026-10-25

Shafaq News – Baghdad
The Central Bank of Iraq’s sales of foreign currency rose during September 2026 to $4.021 billion, an increase of $324 million, or 8.8%, compared to last August.

Central Bank data seen by Shafaq News Agency showed that sales during September were distributed between $249 million in cash and $3.772 billion to Read more…

The Central Bank of Iraq decides to prohibit the International Development Bank from dealing in dollars.

The Central Bank of Iraq decides to prohibit the International Development Bank from dealing in dollars.

2026-10-22

Shafaq News – Baghdad
On Thursday, the Central Bank of Iraq decided to prohibit the International Development Bank from dealing in US dollars “in any way whatsoever.”

This came according to a document issued by the “Banking Supervision” department of the Central Bank, which was received by Shafaq News Agency.

The US Treasury Department announced last Thursday new sanctions Read more…

Iraq’s deposits rise to 103 trillion dinars, while monetary credit declines.

Iraq’s deposits rise to 103 trillion dinars, while monetary credit declines.

2026-10-22

Shafaq News – Baghdad
Economic indicators data issued by the Central Bank of Iraq on Thursday showed that total deposits in the banking system rose to 103.065 trillion dinars at the end of August 2026, compared to 101.008 trillion dinars at the end of July, with a monthly increase of 2.057 trillion dinars.

According to data seen by Shafaq News Agency, deposits have declined compared to the end of 2025, when they recorded 111.065 trillion dinars, a decrease of 8 trillion dinars, equivalent to about 7.2%. Read more…

Iraq’s foreign reserves rise to $81.5 billion in August

Iraq’s foreign reserves rise to $81.5 billion in August

2026-10-21

Shafaq News – Baghdad
Data from the Central Bank of Iraq on Wednesday showed that foreign reserves rose to $81.538 billion, equivalent to 105.999 trillion dinars, at the end of August 2026, compared to $80.633 billion, or 104.823 trillion dinars, at the end of July.

According to data seen by Shafaq News Agency, foreign reserves increased Read more…

Traders’ remittances after the exchange rate change… Al-Daini clarifies the banks’ position on financial differences

Traders’ remittances after the exchange rate change… Al-Daini clarifies the banks’ position on financial differences

10-20-2026

Information/Baghdad…
MP Nahida al-Daini explained on Tuesday the mechanism for handling merchants’ remittances after the dollar exchange rate adjustment, and the measures taken to guarantee their rights and prevent them from incurring financial differences resulting from the rate change.
Al-Daini told Al-Maalouma that “the Parliamentary Investment and Development Committee, after an extensive meeting Read more…

To ensure the flow of goods, the Central Bank of Iraq reassures markets of the continued availability of foreign currency for imports.

To ensure the flow of goods, the Central Bank of Iraq reassures markets of the continued availability of foreign currency for imports.

2026-10-20

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Tuesday that it has completed fulfilling requests for money transfers related to imports, which were suspended before the exchange rate adjustment on October 10, and which met the approved conditions and controls.

In an official statement, the bank called on traders and companies Read more…

Central Bank: Fees imposed on currency damaged due to negligence

Central Bank: Fees imposed on currency damaged due to negligence

10-19-2026

The Central Bank of Iraq announced on Monday fees for currency damaged due to neglect.

The bank’s media director, Haider Ghazi, told the official agency that “requests to replace damaged currency are received directly through banks, as any citizen can visit the bank to deposit the damaged cash amounts.”

He explained that “some banks do not accept damaged currency, which has Read more…

Government advisor: The success of the damaged currency exchange platform depends on ease of use and speed of completion.

Government advisor: The success of the damaged currency exchange platform depends on ease of use and speed of completion.

10-19-2026

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, stated on Monday that the Central Bank of Iraq’s decision to establish an electronic system for replacing damaged currency is a positive and important step towards modernizing banking services, simplifying procedures, reducing bureaucracy, and enhancing transparency and efficiency in providing services to citizens. Salih told Al-Maalomah News Agency that “the decision reflects a trend towards employing technology in developing institutional work, which Read more…

How did the central bank’s policies turn into a knife in the side of local markets and citizens?

How did the central bank’s policies turn into a knife in the side of local markets and citizens?

10-18-2026

Information / Report…
Iraqi wholesale markets are facing an unprecedented state of paralysis and economic stagnation, following a mass reluctance among merchants to sell their goods due to the opaque and unclear monetary policies pursued by the Central Bank of Iraq.
These ineffective measures have not only dried up local cash liquidity by reducing the daily injection of funds into the market to a mere $3 million while diverting hundreds of millions abroad, but have also opened the floodgates for parallel market Read more…