CBI INFO & IRAQI DINAR NEWS

The Iraqi currency: a document that attracts tourists and investors.

The Iraqi currency: a document that attracts tourists and investors.

06/02/2025

The Iraqi currency - a document that attracts tourists and investorsCurrency has played a significant role in regulating economic and political life in Iraq, with its forms and symbols evolving over the ages, all the way to the modern era. It has become an essential part of the national and international economic structure, and with Baghdad being designated the Arab Capital of Tourism, it represents a means of attracting tourist investors.

The Iraqi currency has undergone many transformations, Read more…

Be the first to comment - What do you think?  Posted by MDV - June 2, 2025 at 8:12 am

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After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.

After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.

2025-06-02 | 04:03

After talks of a liquidity crisis the Central Bank reveals an inventory of its coffersConfirmed Central Bank of Iraq Today, Monday, it has reserves exceeding $100 billion, coinciding with increasing talk of a financial crisis and liquidity shortage facing it. State treasury.

He said Director General of the Department Investments in the bank Muhammad Yunus “Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is Read more…

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Al-Sudani’s advisor: Increasing foreign reserves boosts market confidence in Iraq’s monetary policy

Al-Sudani’s advisor: Increasing foreign reserves boosts market confidence in Iraq’s monetary policy

6-2-2025

Al-Sudanis advisor - Increasing foreign reserves boosts market confidence in Iraqs monetary policyAl-Maalouma/Baghdad…
The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed on Monday that there is a direct proportional relationship between the current account surplus of the balance of payments and the development of the Central Bank’s foreign currency reserves, noting that this surplus has been positively Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:27 am

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They made half a billion in a year… e-cards become a “dollar smuggler” after the remittance loophole was closed in Iraq.

They made half a billion in a year… e-cards become a “dollar smuggler” after the remittance loophole was closed in Iraq.

2025-06-01 | 01:47

They made half a billion in a year... e-cards become a dollar smuggler after the remittance loophole was closed in IraqRevealed The Wall Street Journal The American, today, Sunday, revealed details that led to reducing the ceiling on withdrawals and spending from electronic cards outside Iraq And many of them were also stopped, noting that there was a jump of about 3000% in MasterCard and Visa Card transactions in Iraq, as a result of Read more…

Be the first to comment - What do you think?  Posted by MDV - June 1, 2025 at 7:57 am

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Dollar window sales in the first quarter of 2025 were 5% higher than last year.

Dollar window sales in the first quarter of 2025 were 5% higher than last year.

2025-06-01 | 04:11

Dollar window sales in the first quarter of 2025 were 5 percent higher than last yearData revealed Central Bank of Iraq… about a rise in dollar sales during the first quarter of this year by more than 5% compared to the same period last year (2024), exceeding $20 billion.

According to data provided by the economic researcher Manar Al-Abidi The Central Bank’s foreign exchange sales Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:48 am

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Central Bank Governor: Iraq is committed to combating money laundering at the international level.

Central Bank Governor: Iraq is committed to combating money laundering at the international level.

2025-05-28 00:41

Central Bank Governor - Iraq is committed to combating money laundering at the international levelShafaq News/ The Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed on Wednesday Iraq’s commitment to combating money laundering and terrorist financing in cooperation with international partners.

In a speech delivered at a conference held in Baghdad on combating money laundering and terrorist financing, Al-Alaq said, “We in Iraq are cooperating effectively with our international partners, particularly Read more…

Be the first to comment - What do you think?  Posted by MDV - May 28, 2025 at 7:32 am

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Central Bank: Iraq’s dollar cash distribution system is the best among countries in the world.

Central Bank: Iraq’s dollar cash distribution system is the best among countries in the world.

2025-05-28 02:07

Central Bank - Iraqs dollar cash distribution system is the best among countries in the worldShafaq News/ On Wednesday, the Governor of the Central Bank, Ali Al-Alaq, described the cash distribution system for the dollar in Iraq as “the best among countries in the world.”

In a speech at a conference held in Baghdad on combating money laundering and terrorist financing, Al-Alaq said, “We have many important achievements Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:18 am

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Iraq is approaching financial collapse, with accusations directed at the Finance Ministry and the Central Bank.

Iraq is approaching financial collapse, with accusations directed at the Finance Ministry and the Central Bank.

2025-05-27 07:49

Iraq is approaching financial collapse with accusations directed at the Finance Ministry and the Central BankShafaq News/ The Parliamentary Finance Committee warned that a real financial crisis is looming in Iraq in the future, amid declining oil prices and the absence of preventative and precautionary measures capable of averting an economic crisis. The committee stressed that financial and economic indicators point to Read more…

Be the first to comment - What do you think?  Posted by MDV - May 27, 2025 at 7:56 am

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Al-Sudani approves recommendations to re-evaluate the boards of directors of state-owned banks.

Al-Sudani approves recommendations to re-evaluate the boards of directors of state-owned banks.

5-26-2025

Al-Sudani approves recommendations to re-evaluate the boards of directors of state-owned banksAl-Maalouma/Baghdad..
A higher committee approved, on Monday, government recommendations regarding the re-evaluation and formation of the boards of directors of government banks.
The Prime Minister’s Office stated in a statement received by Al-Maalouma Agency that “Al-Sudani chaired a meeting of the higher committee responsible for re-evaluation and formation of Read more…

Be the first to comment - What do you think?  Posted by MDV - May 26, 2025 at 7:14 am

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The Central Bank launches the first national strategy for financial inclusion.

The Central Bank launches the first national strategy for financial inclusion.

2025-05-25 | 09:59

The Central Bank launches the first national strategy for financial inclusionThe Central Bank announced today, Sunday, the launch of the first national strategy for financial inclusion.

The Central Bank said in a statement Read more…

Be the first to comment - What do you think?  Posted by MDV - May 25, 2025 at 7:19 am

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Rashid Bank announces extension of sale of national bonds to citizens

Rashid Bank announces extension of sale of national bonds to citizens

5-22-2025

Rashid Bank announces extension of sale of national bonds to citizensInformation/Baghdad
Rashid Bank announced today, Thursday, the extension of the sale of national bonds to citizens.

The bank stated in a statement received by Al-Maalouma that, “Based on directives from the Central Bank of Iraq and the Ministry of Finance, it has been decided to extend the period for selling national bonds until Read more…

Be the first to comment - What do you think?  Posted by MDV - May 22, 2025 at 7:58 am

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Iraq’s foreign exchange reserves have fallen by more than 11 trillion dinars.

Iraq’s foreign exchange reserves have fallen by more than 11 trillion dinars.

2025-05-21 05:25

Iraqs foreign exchange reserves have fallen by more than 11 trillion dinarsShafaq News/ The Central Bank of Iraq revealed on Wednesday that official reserves have decreased by more than 11 trillion dinars in one year.

The bank stated in its latest report on financial and monetary indicators in Iraq for February 2025, which Read more…

Be the first to comment - What do you think?  Posted by MDV - May 21, 2025 at 7:39 am

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After the dollar’s decline against the dinar, the government announces the Central Bank’s success in establishing an electronic monitoring system to track transfers.

After the dollar’s decline against the dinar, the government announces the Central Bank’s success in establishing an electronic monitoring system to track transfers.

2025-05-12

After the dollars decline against the dinar the government announces the Central Bank's success in establishing an electronic monitoring system to track transfersThe Prime Minister’s financial advisor, Mazhar Mohammed Salih, revealed on Sunday the reason for the dollar’s decline against the dinar in Iraqi markets.

“The narrowing gap between the official exchange rate and the parallel (black) market exchange rate is one of the most prominent indicators of the success Read more…

Be the first to comment - What do you think?  Posted by MDV - May 12, 2025 at 6:07 am

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Dinar’s rise revives hopes for financial stability

Dinar’s rise revives hopes for financial stability

2025/05/11

Dinars rise revives hopes for financial stabilityThe Iraqi dinar has recently performed strongly against the dollar, driven by a series of monetary measures implemented by the Central Bank. These measures have contributed to reducing demand for hard currency in the parallel market and boosting traders’ confidence Read more…

Be the first to comment - What do you think?  Posted by MDV - May 11, 2025 at 7:52 am

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Net foreign assets at the Central Bank of Iraq decreased

Net foreign assets at the Central Bank of Iraq decreased

2025-05-10 04:34

Net foreign assets at the Central Bank of Iraq decreasedShafaq News/ The Central Bank of Iraq revealed, on Saturday, a decline in the bank’s net foreign assets, in addition to a slight decrease in domestic debt for January 2025.

The bank said in a report on financial and monetary indicators in Iraq, Read more…

Be the first to comment - What do you think?  Posted by MDV - May 10, 2025 at 7:27 am

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An economist identifies the “most important reason” behind the dollar’s decline in Iraq.

An economist identifies the “most important reason” behind the dollar’s decline in Iraq.

2025-05-10

An economist identifies the most important reason behind the dollars decline in IraqEconomist Nabil Al-Marsoumi said on Friday (May 9, 2025) that progress in the Iranian-American negotiations is the most important reason behind the rise in the exchange rate of the Iraqi dinar against the dollar.

Al-Marsoumi said in an analysis he published, “Although the rise in the dinar’s Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:22 am

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The Central Bank of Iraq has imposed more than 41 billion dinars in fines on banks and exchange companies.

The Central Bank of Iraq has imposed more than 41 billion dinars in fines on banks and exchange companies.

2025-05-08 01:30

The Central Bank of Iraq has imposed more than 41 billion dinars in fines on banks and exchange companiesShafaq News/ The Central Bank of Iraq announced on Thursday that fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 41 billion Iraqi dinars over the past three months.

A bank schedule, seen by Shafaq News Agency, showed that fines imposed on banks Read more…

Be the first to comment - What do you think?  Posted by MDV - May 8, 2025 at 7:53 am

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What does the Central Bank’s decision to support pilgrims in dollars mean?

What does the Central Bank’s decision to support pilgrims in dollars mean?

5-3-2025

What does the Central Banks decision to support pilgrims in dollars meanAl-Maalouma/Baghdad…
Member of the Parliamentary Economy and Investment Committee, MP Yassin Hassan, confirmed today, Saturday, that the Central Bank of Iraq has issued urgent instructions to facilitate the procedures for selling dollars to pilgrims to the House of God this season.
Hassan said in an interview with Al-Maalouma, “The Central Bank directed Read more…

Be the first to comment - What do you think?  Posted by MDV - May 3, 2025 at 7:52 am

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Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened.

Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened.

2025-05-03 03:50

Malikis coalition sounds the alarm - Iraqs financial situation is dangerous and salaries are threatenedShafaq News/ The State of Law Coalition, led by Nouri al-Maliki, described the current financial situation in Iraq as “very dangerous” on Saturday, warning that the salaries of public sector workers are now threatened by this situation.

Thaer Makhif, a member of the coalition, told Shafaq News Agency, “There is a real financial crisis that Mohammed Shia al-Sudani’s government is currently Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:18 am

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Economist: Iraq lost $7.4 billion of its foreign reserves in three months.

Economist: Iraq lost $7.4 billion of its foreign reserves in three months.

5-1-2025

Economist - Iraq lost 7.4 billion of its foreign reserves in three monthsAl-Maalomah/Baghdad…
Economic expert Nabil Al-Marsoumi revealed, on Thursday, a significant decline in the Central Bank of Iraq’s foreign currency reserves during the first quarter of 2025, as a result of the decline in oil revenues resulting from the decline in global oil prices.
Al-Marsoumi said in a tweet followed by Al-Maalomah, “The Central Bank’s reserves decreased from Read more…

Be the first to comment - What do you think?  Posted by MDV - May 1, 2025 at 8:10 am

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