CBI INFO & IRAQI DINAR NEWS

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…

My perspective on the dinar and economic reform, based on what Dr. Nabil Al-Marsoumi wrote about them.

My perspective on the dinar and economic reform, based on what Dr. Nabil Al-Marsoumi wrote about them.

2025-12-14 05:03

With all due respect to you, my dear professor Dr. Nabil Al-Marsoumi, and with all due appreciation for your knowledge and expertise, from which I have always benefited, I hope you will allow me to present the following points to you, in response and commentary on what you wrote about economic reform a few days ago, as follows:

1- The “White Paper” was never a reform paper, and it never will be. In it, the wrong Read more…

An economist reveals the secret behind the withdrawal of deposits from Iraqi banks.

An economist reveals the secret behind the withdrawal of deposits from Iraqi banks.

12/13/2025

An economic expert, Salah Nouri, revealed the main reasons behind the decline in deposits in Iraqi banks, attributing this to global economic developments and interest rate policies that directly affected the behavior of depositors within Iraq.

Nouri told Al-Furat News Agency that: “The US Federal Reserve’s resort to lowering interest rates Read more…

Iraq receives a message from the US: Oil smuggling money is infiltrating Baghdad’s banks.

Iraq receives a message from the US: Oil smuggling money is infiltrating Baghdad’s banks.

2025-12-11 06:26

Shafaq News – Baghdad
On Thursday, the “Eco Iraq” observatory revealed that the Central Bank of Iraq received an official email from the US Treasury Department, specifically from the Office of Foreign Assets Control (OFAC), inquiring about financial deposits related to Iraqi oil smuggling operations that were deposited in Read more…

Hantoush: International financing difficulties and exchange rate challenges threaten the stability of the Iraqi economy.

Hantoush: International financing difficulties and exchange rate challenges threaten the stability of the Iraqi economy.

12-11-2025

Information / Baghdad –
Economic and banking expert Mustafa Hantoush confirmed on Thursday that Iraqi companies and the private sector are facing significant difficulties in obtaining international loans to finance major projects due to Iraq’s low credit rating and the high costs of guarantees and interest rates Read more…

Finance: Iraq possesses enormous potential to create a promising financial market

Finance: Iraq possesses enormous potential to create a promising financial market

2025-12-10 03:43

Shafaq News – Baghdad
Ahmed Jawad Al-Dahlaki, Director of the Financial and Accounting Training Center at the Ministry of Finance, stated on Wednesday that Iraq possesses enormous potential to create a promising financial market.

This came in a speech he delivered at the opening of the fifth annual international Read more…

Iraqi companies participating in licensing rounds protest against “unfair procedures” by TBI

Iraqi companies participating in licensing rounds protest against “unfair procedures” by TBI

2025-12-09 02:28

Shafaq News – Basra
On Tuesday, a group of local companies operating within the oil licensing rounds organized a protest in front of the Iraqi Commercial Bank (TBI), protesting what they described as “unfair procedures” imposed by the bank’s management regarding the non-disbursement of their dues in dollars.

Jaber Ahmed, the director of one of the local companies, Read more…

Multiple exchange rates

Multiple exchange rates

2025/12/08

In the heart of Baghdad, amidst the constant monitoring of currency exchange rates, the Iraqi economy breathes with every fluctuation in the dollar’s value. With each rise or fall, voices of anxiety rise, or the pulse of the markets slows, reflecting the fragility of an economic structure still reliant on a single resource. Today, with expectations of increased Read more…

Advisor to the Prime Minister: Iraq’s reserves protect the dinar from current fluctuations

Advisor to the Prime Minister: Iraq’s reserves protect the dinar from current fluctuations

2025/12/08

The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that there is no direct link in the short term between current financial developments and monetary stability.

Saleh told Al-Furat News Agency that: “The monetary authority still has sufficient foreign reserves that enable it to protect macroeconomic stability Read more…

The banking system is under pressure due to lost confidence, and the central bank faces crucial choices to rescue liquidity.

The banking system is under pressure due to lost confidence, and the central bank faces crucial choices to rescue liquidity.

12-6-2025

Information / Report…
The Ministry of Finance is experiencing a severe liquidity crisis that has led to delays in salary payments. Despite the abundance of cash in the market, the majority remains hoarded in citizens’ homes, away from government and private banks, due to declining confidence Read more…

Rafidain Bank: Granted approximately 55 billion dinars to the “Riyada” initiative through 41 installments

Rafidain Bank: Granted approximately 55 billion dinars to the “Riyada” initiative through 41 installments

2025-12-02

Rafidain Bank announced on Tuesday that it has granted approximately 55 billion dinars to the “Riyada” initiative through 41 installments. A statement from the bank indicated that “the forty-first installment of the Riyada and Excellence Initiative to support small and medium enterprises has been released with a total amount of Read more…

The Central Bank identifies 3 solutions to address the debt issue

The Central Bank identifies 3 solutions to address the debt issue

2025/11/30

The Central Bank of Iraq identified three solutions to address the country’s debt problem. While noting that a large part of the internal debt could be addressed through joint understandings, it stressed the need to diversify Read more…

The Iraqi dinar: stable and consistent

The Iraqi dinar: stable and consistent

2025/11/27

Amidst the analyses and speculations circulating that raise questions about the fate of the national currency, official facts and data confirm that talk of any change in the exchange rate of the Iraqi dinar is nothing more than speculation Read more…

With 6 demands, hundreds of businessmen protest in front of the Central Bank in downtown Basra

With 6 demands, hundreds of businessmen protest in front of the Central Bank in downtown Basra

2025-11-27 | 02:34

Alsumaria NewsLocal news:
Hundreds of businessmen and company owners demonstrated today, Thursday, in front of the Central Bank building in the area. The tithe middle Basra Governorate In protest against the bank’s instructions, they came out with six demands.

The company representatives demanded several urgent measures from the authorities, most notably: Read more…

The Central Bank on the decision to include celebrities in “money laundering” investigations: It’s to protect the economy, not to restrict it.

The Central Bank on the decision to include celebrities in “money laundering” investigations: It’s to protect the economy, not to restrict it.

2025-11-26 05:16

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Wednesday that classifying social media celebrities and influencers as being involved in money laundering was done to protect the national economy and does not represent Read more…

The Central Bank of Iraq plans to increase its gold reserves and diversify its reserve currency basket.

The Central Bank of Iraq plans to increase its gold reserves and diversify its reserve currency basket.

11-25-2025

The Central Bank of Iraq announced on Tuesday a plan to bolster Iraq’s gold reserves while preserving their value and diversifying the reserve basket as part of its monetary policy. Alaa al – Fahd, a member of the bank’s media office, explained in a statement to the official news agency, Read more…