CBI INFO & IRAQI DINAR NEWS

The government’s financial advisor: The fiscal deficit is short-term and will not hinder the development process.

The government’s financial advisor: The fiscal deficit is short-term and will not hinder the development process.

2026-01-10

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Saturday that the financial deficit is short-term and will not hinder the development process. Salih told the official news agency that “the financial deficit in Iraq is mostly related to fluctuations Read more…

An economic assessment of the Central Bank’s decision to fix the dollar exchange rate in the 2026 budget.

An economic assessment of the Central Bank’s decision to fix the dollar exchange rate in the 2026 budget.

2026/01/09

Economic expert, Nabil Al-Marsoumi, described the decision of the Central Bank of Iraq to fix the exchange rate of the dollar in the 2026 budget as an expected step aimed at strengthening monetary stability and supporting the investment climate in the country.

Al-Marsoumi told Al-Furat News Agency that: “The Central Bank has always Read more…

Why is the Central Bank of Iraq refusing to devalue the dinar? Al-Marsoumi answers in 13 points.

Why is the Central Bank of Iraq refusing to devalue the dinar? Al-Marsoumi answers in 13 points.

2026-01-08 | 08:03

Alsumaria News–
The economist revealed the economy, Nabil Al-Marsoumi Regarding the fundamental reasons that drive Central Bank of Iraq He rejected the devaluation of the dinar against foreign currencies, warning of disastrous repercussions that could affect the country’s social and economic structure if such a decision were made.
The decree identified the reasons in 13 main points: Read more…

Officially, the exchange rate in the 2026 budget is 1300 Iraqi dinars.

Officially, the exchange rate in the 2026 budget is 1300 Iraqi dinars.

2026-01-08 00:57

Shafaq News – Baghdad
The Central Bank of Iraq has decided to adopt an exchange rate of 1,300 dinars for the US dollar in the 2026 budget, according to an official document revealed on Thursday.

The Central Bank of Iraq sent an official letter to the Ministry of Finance/Budget Read more…

First government comment on adopting 1300 dinars to the dollar: A calculated monetary move

First government comment on adopting 1300 dinars to the dollar: A calculated monetary move

2026-01-08 01:14

Shafaq News – Baghdad
The economic advisor to the Iraqi government, Mazhar Muhammad Saleh, confirmed on Thursday that the move to adopt the exchange rate of the US dollar at 1300 dinars and to raise the value of the Iraqi dinar Read more…

Central Bank: The rise of the dollar in the parallel market is due to customs duties.

Central Bank: The rise of the dollar in the parallel market is due to customs duties.

1-7-2026

Information / Baghdad
The Central Bank issued its first official statement on Wednesday following the dollar exchange rate approaching the 150,000 dinar mark in local markets, confirming its continued monitoring of exchange market developments and its Read more…

Iraq’s gold reserves remain stable at 170 tons… An expert explains the reasons

Iraq’s gold reserves remain stable at 170 tons… An expert explains the reasons

2026-01-07 01:14

Shafaq News – Baghdad
The World Gold Council announced on Wednesday that Iraq maintained its global ranking with reserves exceeding 170 tons of gold, without any change.

The council stated in its latest statistics for January, Read more…

Parliament questions Al-Alaq and bank managers about “dollars, liquidity, and loans.”

Parliament questions Al-Alaq and bank managers about “dollars, liquidity, and loans.”

2026-01-06 00:04

Shafaq News – Baghdad
An informed source revealed on Tuesday that the House of Representatives will host the Governor of the Central Bank of Iraq, Ali Al-Alaq, next week to discuss a number of important economic and financial issues, most notably Read more…

Sources: The dollar’s value has begun to gradually decline against the dinar following government measures.

Sources: The dollar’s value has begun to gradually decline against the dinar following government measures.

2026-01-06

The Iraqi government, in partnership with the Central Bank and relevant economic authorities, has begun implementing a series of measures and policies that have contributed to a gradual decrease in the exchange rate of the dollar against the Iraqi dinar in local markets, in a step aimed at stabilizing the national Read more…

Banking reforms

Banking reforms

2026/01/05

The Iraqi banking sector is currently witnessing a remarkable transformation led by the Iraqi government through the Central Bank, within the framework of structural and regulatory reforms aimed at rebuilding the financial system on more efficient and transparent foundations.

These reforms, which came after years of concentration Read more…

Experts stress the importance of digital banking transformation

Experts stress the importance of digital banking transformation

2025/12/31

Baghdad: Al-Sabah
Economic experts have urged the need to redouble efforts in digital transformation of banking transactions, stressing that this step is capable of producing a package of positive results, including absorbing cash liquidity and eliminating Read more…

A financial expert calls for stricter oversight of banks in Iraq.

A financial expert calls for stricter oversight of banks in Iraq.

12-24-2025

Information / Baghdad…
Financial and banking expert Abdul Aziz Hassoun called on the Central Bank of Iraq on Wednesday to take strict measures and oversight to regulate the work of banks, ensuring the protection of citizens’ rights. He pointed out that the banking system in Iraq operates within an unstable environment that has prevented it Read more…

Within 9 months, the Central Bank announces that Iraq’s imports have exceeded $60 billion.

Within 9 months, the Central Bank announces that Iraq’s imports have exceeded $60 billion.

12-20-2025

The Central Bank of Iraq announced on Saturday that Iraq’s imports up to September 2025 exceeded $63 billion.
In a report reviewed by Al-Maalomah News Agency, the bank stated that “Iraq’s imports for the first nine months of 2025, from the beginning of January to Read more…

Debts, salaries, and projects: The financial obligations of the next government in numbers

Debts, salaries, and projects: The financial obligations of the next government in numbers

2025-12-20 04:50

Shafaq News – Baghdad
On Saturday, Mu’in al-Kadhimi, a member of the Finance Committee in the previous parliamentary session, revealed, with figures, the size of the financial obligations incumbent on the next government, indicating that these obligations include internal and external debts, employee salaries, oil company dues, in addition to Read more…

A month after the Central Bank of Iraq’s classification, “small influencers” are excluded from the market.

A month after the Central Bank of Iraq’s classification, “small influencers” are excluded from the market.

2025-12-19 00:50

Baghdad – Shafaq News
More than a month after the Central Bank of Iraq classified social media celebrities and influencers as high-risk to the banking sector, and warned Iraqi banks against dealing with them to limit money laundering and terrorism financing, some content creators Read more…

The worn-out currency is a problem that is worsening without solutions.

The worn-out currency is a problem that is worsening without solutions.

17/12/2025

Baghdad: Farah Al-Khaffaf
“No one will take it from me,” Zainab al-Khafaji (an employee) kept repeating as she wandered among the shops near Sayed al-Halib in the Mansour district, before we asked her: “What is it that no one will take from you?” She replied: “Five thousand dinars torn up and glued back together.” She added: “I don’t know who gave it to me when I was shopping, and I tried to buy something with it again, but everyone Read more…

The Cabinet approves {reducing expenditures and maximizing revenues}

The Cabinet approves {reducing expenditures and maximizing revenues}

17/12/2025

The Cabinet yesterday approved the recommendations issued by the Ministerial Council for the Economy regarding reducing expenditures and maximizing revenues, as part of the economic and financial reform program. This comes at a time when the Prime Minister’s financial advisor, Dr. Mazhar Muhammad Salih, Read more…

The Central Bank of Iraq acknowledges the crisis: Oil prices and liquidity withdrawals have affected “cash reserves”.

The Central Bank of Iraq acknowledges the crisis: Oil prices and liquidity withdrawals have affected “cash reserves”.

2025-12-17 02:26

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Wednesday that the decline in oil prices and the withdrawal of liquidity from the markets are two factors that negatively affect Iraq’s hard currency reserves.

The bank said in a report, Read more…

The central bank speaks of “intertwined pressures” on the economy… and expresses concern about the repercussions of “salary spending cuts”.

The central bank speaks of “intertwined pressures” on the economy… and expresses concern about the repercussions of “salary spending cuts”.

2025-12-17

Central Bank Governor Ali Al-Alaq confirmed that the Iraqi economic scene is facing complex pressures, noting that salaries and subsidies pose an additional challenge, with the difficulty of reducing these expenditures due to the expected social repercussions.

Al-Alaq said on the sidelines of the Fifth Regional Conference of the Islamic Economic Forum Read more…

Barhi: The Central Bank’s standards for bank reform are not unreasonable.

Barhi: The Central Bank’s standards for bank reform are not unreasonable.

12-15-2025

Information/Baghdad…
Ahmed Barihi, a member of the board of directors of the Central Bank of Iraq, confirmed on Monday that the standards set by the Central Bank within the banking sector reform program are not strict or impossible, but rather aim to protect the banks associated with it from collapse and guarantee Read more…