CBI INFO & IRAQI DINAR NEWS

Mazhar Saleh: Iraq’s foreign reserves provide exceptional stability for the national currency.

Mazhar Saleh: Iraq’s foreign reserves provide exceptional stability for the national currency.

2025/08/22

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that the Central Bank of Iraq enjoys substantial foreign reserves that represent the primary backing for the national currency. These reserves are managed within a diversified foreign currency investment portfolio in accordance Read more…

An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices. Go RV!!

An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices. Go RV!!

2025/08/21

Economic expert Salah Nouri confirmed on Wednesday that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq, noting that this measure is a monetary policy tool aimed at achieving economic stability and Read more…

The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

2025-08-21 02:25

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday a decline in the country’s currency exports and inflation for the second half of 2025.

The bank said in a report seen by Shafaq News Agency that “the currency issued by the bank recorded a 3.8% decline Read more…

Central Bank: We cover almost all currencies used by Iraq for trade purposes.

Central Bank: We cover almost all currencies used by Iraq for trade purposes.

2025/08/20

Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity.
Al-Alaq said in a press statement, “The foreign transfer process has witnessed Read more…

Al-Sudani directs the formation of a joint team to improve Iraq’s sovereign credit rating.

Al-Sudani directs the formation of a joint team to improve Iraq’s sovereign credit rating.

2025-08-20 | 05:14

Alsumaria News-
President’s face policy Cabinet of Ministers Mohammed Shia al-Sudani Today, Wednesday, a joint national team was formed, headed by the governor. Central Bank of Iraq To improve Iraq’s sovereign credit rating.
He said Media Office To the Prime Minister in a statement Read more…

The Central Bank of Iraq announces an increase in state revenues and expenditures during May.

The Central Bank of Iraq announces an increase in state revenues and expenditures during May.

2025-08-19 02:16

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Tuesday that public revenues and expenditures increased during the month of May.

The bank stated in official statistics reviewed by Shafaq News Agency that public revenues for May rose to Read more…

An economist expects the capital increase period for Iraqi banks “covered by reform” to be extended.

An economist expects the capital increase period for Iraqi banks “covered by reform” to be extended.

2025-08-18 09:29

Shafaq News – Baghdad
Economic expert Mustafa Akram Hantoush confirmed on Monday that the Central Bank of Iraq and the Iraqi banking system are going through a critical phase, suggesting that the deadline for increasing the capital of banks subject to reform will likely be extended to three years, instead of the previous deadline of Read more…

The Central Bank of Iraq sold more than $35 billion in five months.

The Central Bank of Iraq sold more than $35 billion in five months.

2025-08-18 02:12

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Monday that it had sold more than $35 billion in hard currency over the course of five months.

The bank stated in statistics reviewed Read more…

The Central Bank of Iraq launches a guide to financing small and medium-sized enterprises.

The Central Bank of Iraq launches a guide to financing small and medium-sized enterprises.

2025-08-17 04:24

Shafaq News – Baghdad
The Central Bank of Iraq announced on Sunday the launch of a guide to accessing financing for micro, small, and medium-sized enterprises (MSMEs), in cooperation with the German International Cooperation Agency (GIZ) and the Iraqi Private Banks Read more…

Demands to open a branch of the Trade Bank of Iraq in Halabja

Demands to open a branch of the Trade Bank of Iraq in Halabja

2025-08-16 02:46

Shafaq News – Halabja
Halabja residents’ demands for banking services have morphed into an official call in the Iraqi parliament, with a member of parliament calling for the opening of a branch of the Trade Bank of Iraq (TBI) in the province.

Member of the Iraqi Parliament, Read more…

The Central Bank of Iraq urges caution in transmitting economic information.

The Central Bank of Iraq urges caution in transmitting economic information.

8-15-2025

Information/Baghdad..
The Central Bank of Iraq (CBI) on Friday urged caution when reporting and circulating news not published on its official website, which is sometimes covered by local media outlets. The CBI emphasized that circulating such news without Read more…

An economic expert proposes amending the criteria for Iraqi banking reform.

An economic expert proposes amending the criteria for Iraqi banking reform.

2025-08-14 02:22

Shafaq News – Baghdad
On Thursday, economic expert Ahmed Abd Rabbuh called for amending the banking reform standards announced by the Central Bank of Iraq. The amendments include adding a clause allowing some banks to operate domestically under the central bank’s supervision, while other banks would apply international standards Read more…

The reform document is a strategic step to enhance confidence in the banking system.

The reform document is a strategic step to enhance confidence in the banking system.

2025/08/12

The Governor of the Central Bank, Dr. Ali Al-Alaq, emphasized that the 2025 Banking Reform Document represents a strategic and fundamental step toward reforming the Iraqi banking system, addressing its shortcomings, and preparing it to operate in accordance with internationally recognized standards. This will enhance Read more…

Central Bank: 10 banks are under liquidation for their inability to return citizens’ deposits!

Central Bank: 10 banks are under liquidation for their inability to return citizens’ deposits!

2025-08-12

The Governor of the Central Bank of Iraq announced on Tuesday that 10 Iraqi banks are under liquidation due to their inability to return customer deposits. Al-Alaq stated that “the banking reform document (2025) represents a strategic step Read more…

Almost impossible… Iraqi banks are threatened with closure due to the Central Bank’s new conditions.

Almost impossible… Iraqi banks are threatened with closure due to the Central Bank’s new conditions.

8-10-2025

Al-Maalouma/Baghdad..
Economic expert Mustafa Hantoush considered, on Sunday, that the requirement to raise the capital of Iraqi banks to 400 billion dinars, in addition to the necessity of having a foreign partner, are “almost impossible conditions” at the current stage, especially with foreign investors reluctant Read more…

The Prime Minister outlines three steps to implement comprehensive banking reform according to a balanced vision.

The Prime Minister outlines three steps to implement comprehensive banking reform according to a balanced vision.

2025-08-10

Prime Minister Mohammed Shia al-Sudani, on Sunday, highly appreciated the efforts made by the Central Bank of Iraq in preparing the banking reform document, while identifying three steps to implement the comprehensive banking reform process according to a balanced vision. The official spokesman for the Iraqi government, Read more…

The Central Bank of Iraq has imposed more than 66 billion dinars in fines on banks and financial companies.

The Central Bank of Iraq has imposed more than 66 billion dinars in fines on banks and financial companies.

2025-08-09 02:48

Shafaq News – Baghdad
The Central Bank of Iraq announced on Saturday that fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 66 billion Iraqi dinars during the first half of 2025.

A bank statistic, seen by Shafaq News Agency, showed that “the fines imposed on banks and financial companies during the past six months, starting from Read more…

The Truth Behind the Scenes: What’s Not Being Told About Iraqi Bank Reform

The Truth Behind the Scenes: What’s Not Being Told About Iraqi Bank Reform

2025-08-08 05:12

Shafaq News – Baghdad
Iraqi banks face unprecedented challenges under a set of reform measures launched by the Central Bank of Iraq, which observers and economic experts view as more like “unreasonable conditions than a realistic reform plan.”

While experts emphasize the importance of reform, they call for Read more…

Central Bank Governor: We have established rules and guidelines to support electronic payments.

Central Bank Governor: We have established rules and guidelines to support electronic payments.

2025-08-07

The Governor of the Central Bank, Ali Al-Alaq, announced on Thursday the development of rules and guidelines supporting electronic payments. He also indicated that work is underway to consolidate the electronic payment infrastructure through five projects. Speaking at the Comprehensive E-Payment Transformation Read more…

The Central Bank denies suspending dollar transactions at the Bank of Baghdad.

The Central Bank denies suspending dollar transactions at the Bank of Baghdad.

2025-08-06 | 10:35

Denied Central Bank of Iraq Wednesday, allegations of stopping the dollar transaction in Bank of Baghdad.
The bank confirmed in a statement that “the news circulating about stopping dealing in dollars in Bank of Baghdad Or stop his foreign reinforcements for Read more…