CBI INFO & IRAQI DINAR NEWS

Iraq’s foreign reserves rise to a record high

Iraq’s foreign reserves rise to a record high

04/02/2025

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that foreign reserves are at their highest historical levels, helping to achieve economic balance and stability for the country. He also indicated that reserves still cover more than 100% of the currency in circulation.
Saleh said in a press statement: Read more…

The Central Bank announces new plans to expand the “Asraflak” campaign over the next two months.

The Central Bank announces new plans to expand the “Asraflak” campaign over the next two months.

2025/03/27

The Central Bank announced today, Thursday, new plans to expand the “Spend It” campaign over the next two months, while explaining the most important outcomes the campaign is working towards.
Hussein Abdul Amir, Director of the Financial Inclusion Department at the Central Bank, said in a press statement, “We are communicating with officials regarding the ‘Asreflak’ campaign, which aims to promote financial literacy among the public Read more…

Financial expert: Iraq’s budget deficit is due to bond issuance

Financial expert: Iraq’s budget deficit is due to bond issuance

2025-03-25 00:01

Shafaq News/ Financial expert and former director general of the Central Bank of Iraq, Mahmoud Dagher, attributed the country’s budget deficit on Tuesday to the Iraqi Ministry of Finance issuing large bonds.

Dagher told Shafaq News Agency, “The budget deficit is behind the Ministry of Finance’s efforts to issue bonds worth 3 trillion dinars Read more…

Iraq’s foreign exchange reserves cover 18 months of imports.

Iraq’s foreign exchange reserves cover 18 months of imports.

2025-03-22 00:06

Shafaq News/ The Central Bank of Iraq revealed on Saturday that foreign currency reserves cover a year and a half of imports during the third quarter of 2024.

The bank said in a report on “monetary stability,” Read more…

The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves.

The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves.

2025-03-19 02:29

Shafaq News/ The Central Bank of Iraq announced on Wednesday a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons behind this decline.

The bank stated in a report Read more…

Erbil hands Baghdad 48 billion dinars in non-oil revenues

Erbil hands Baghdad 48 billion dinars in non-oil revenues

2025-03-17 04:26

Shafaq News/ The Ministry of Finance and Economy in the Kurdistan Regional Government announced on Monday that the federal treasury’s share of non-oil revenues for February had been transferred to Baghdad.

According to a statement from the ministry, Read more…

A government delegation discusses with the International Monetary Fund ways to strengthen the Iraqi dinar.

A government delegation discusses with the International Monetary Fund ways to strengthen the Iraqi dinar.

2025-03-14 | 06:34

SumerianNews – Economy
The Iraqi delegation concluded its meetings with fund International Monetary Fund, with the participation of Finance Minister Taif Sami and the Governor Central Bank of Iraq Ali Al-Alaq in Amman

And she mentioned Ministry of Finance In a statement received Read more…

Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons

Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons

2025-03-11

The Governor of the Central Bank, Ali Al-Alaq, stated on Tuesday that Iraq has one of the highest gold reserves among Arab countries, amounting to 162 tons. Al-Alaq stated in a statement to the official agency that “the Central Bank is closely monitoring the movement of gold and currencies,” noting that Read more…

National Bank of Iraq acquires Al-Ittihad International Insurance Company

National Bank of Iraq acquires Al-Ittihad International Insurance Company

2025-03-09

Shafaq News/ The National Bank of Iraq announced, on Sunday, its acquisition of the International Union Insurance Company, after obtaining all necessary approvals from the Central Bank.

The bank said in a statement received by Shafak News Agency that this acquisition comes within the framework of the National Bank of Iraq’s strategy Read more…

Central Bank: Comprehensive digital transformation in the financial sector is coming soon

Central Bank: Comprehensive digital transformation in the financial sector is coming soon

2025-03-08

The Governor of the Central Bank of Iraq, Ali Al-Alaq, stated today, Saturday, that Iraqi banks are close to transforming into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in Read more…

The Central Bank cancels the license of Al-Tufan Exchange and Financial Brokerage Company

The Central Bank cancels the license of Al-Tufan Exchange and Financial Brokerage Company

2025-03-07

The Central Bank of Iraq decided to cancel the license of Al-Tufan Exchange and Brokerage Company due to what it described as violations of Regulations No. (1) of 2022, which regulate the work of exchange and financial brokerage companies in Iraq. According to the document issued by the Central Bank, Read more…

Al-Sudani issues directives regarding the development of electronic payment systems

Al-Sudani issues directives regarding the development of electronic payment systems

3-6-2025

Information/Baghdad…
Prime Minister Mohammed Shia Al-Sudani issued directives today, Thursday, regarding the development of electronic payment systems and the promotion of digital transactions in all government departments.
The Prime Minister’s Media Office stated in a statement received by Al-Maalouma Agency that “based on the government’s approach to administrative and financial Read more…

Iraq’s annual inflation falls to 2.8%

Iraq’s annual inflation falls to 2.8%

2025-03-05 00:58

Shafaq News/ The Central Bank of Iraq announced, on Wednesday, that the annual inflation rate in the country has decreased to 2.8%.

The bank said in a statement received by Shafak News Agency, “Annual inflation decreased in Iraq from 4% Read more…

Increase in the cash credit ratio of banks operating in Iraq

Increase in the cash credit ratio of banks operating in Iraq

3-4-2025

Al-Maalouma/Baghdad …
The Central Bank of Iraq announced today, Tuesday, an increase in the ratio of total cash credit to total deposits for banks operating in Iraq.
The Central Bank stated in a statement received by /Al-Maalouma/ Agency, that “the credit to deposit ratio is one of the most important indicators used to measure Read more…

Expert: Stopping the currency auction at the Central Bank of Iraq is behind the return of the dollar’s ​​rise

Expert: Stopping the currency auction at the Central Bank of Iraq is behind the return of the dollar’s ​​rise

2025-03-04 00:54

Shafaq News/ Economic expert Mohammed Al-Hasani suggested on Tuesday that the Central Bank of Iraq’s suspension of holding a hard currency auction is behind the return of the dollar’s ​​price hike in local markets.

Al-Hasani told Shafaq News Agency, “The bank did not publish the currency auction on its website during the past two days, which led to an increase in demand Read more…

Central Bank: Loans and advances in the Iraqi banking sector increased by 5.4%

Central Bank: Loans and advances in the Iraqi banking sector increased by 5.4%

2025-03-03

The Central Bank of Iraq announced, on Monday, a significant increase in the volume of loans and advances in the banking sector by 5.4% during the last quarter of 2024, reflecting the growing financing capacity Read more…

Iraq’s gold reserves grow by 45.1 percent

Iraq’s gold reserves grow by 45.1 percent

3-2-2025

Information/Baghdad …
The Central Bank of Iraq announced today, Sunday, that gold reserves recorded a growth of 45.1 percent.
The Central Bank said in a statement received by /Al-Maalouma/ Agency, that “the gold reserves of the Central Bank of Iraq recorded a growth of Read more…

About 1.5 billion.. A big jump in the Central Bank of Iraq’s dollar sales

About 1.5 billion.. A big jump in the Central Bank of Iraq’s dollar sales

2025-03-01 03:41

Shafaq News/ The total sales of the hard currency of the US dollar by the Central Bank of Iraq, which opened the auction last week, amounted to about one and a half billion, in a clear increase in sales.

Shafaq News Agency correspondent stated that the Central Bank Read more…

After Rashid.. Rafidain warns against trading in “digital currencies and Forex”

After Rashid.. Rafidain warns against trading in “digital currencies and Forex”

2025-02-28 00:06

Shafaq News/ Rafidain Bank warned, on Friday, against using electronic payment tools in trading “digital currencies and Forex.”

The bank stated in a statement received by Shafaq News Agency, “In line with the directives of the Central Bank of Iraq, we call on customers to refrain from using electronic payment tools, including Read more…

Foreign currency sale results for Thursday 2-27-2025

Foreign currency sale results for Thursday 2-27-2025

Foreign currency sale results for Thursday 2/27/2025

the details Read more…