CBI INFO & IRAQI DINAR NEWS

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

Shafaq 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…

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-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…

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 announced today, Sunday, the launch of the first national strategy for financial inclusion.

The Central Bank said in a statement Read more…

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

Information/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…

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

Shafaq 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…

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

The 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…

Dinar’s rise revives hopes for financial stability

Dinar’s rise revives hopes for financial stability

2025/05/11

The 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…

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

Shafaq 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…

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

Economist 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…

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

Shafaq 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…

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

Al-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…

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

Shafaq 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…

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

Al-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…

The Central Bank issues instructions to sell dollars to Iraqi pilgrims.

The Central Bank issues instructions to sell dollars to Iraqi pilgrims.

2025-05-01 05:43

Shafaq News/ The Central Bank of Iraq issued instructions to sell dollars to Iraqi pilgrims to the Holy House of God, setting the exchange rate at (1320) dinars, and limiting the amount of $2000 only.

A document issued by the Central Bank, signed by the acting deputy governor, Read more…

Iraq strengthens partnership with US banks to support economic stability and investment.

Iraq strengthens partnership with US banks to support economic stability and investment.

4-30-2025

Advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed on Wednesday that linking up with US banks provides financing and credit lines for trade and investment in Iraq. He also explained that direct cooperation with more than one US bank reduces the costs of Read more…

The Central Bank of Iraq indicates a decline in public government spending.

The Central Bank of Iraq indicates a decline in public government spending.

2025-04-28 01:13

Shafaq News/ The Central Bank of Iraq announced on Monday that public government spending will decline by the end of 2024, stressing that this indicates a decline in the currency issued to 100 trillion dinars.

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

Iraq agrees to open another bank in the US to establish relations with its banks in transfer operations.

Iraq agrees to open another bank in the US to establish relations with its banks in transfer operations.

4-27-2025

The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed an agreement to establish another bank in the United States to establish relationships with Iraqi banks for money transfer operations.

The Governor of the Central Bank of Iraq said in an interview Read more…

The rise in the value of the national currency has local and international causes.

The rise in the value of the national currency has local and international causes.

04/27/2025

The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US- Read more…

Central Bank of Iraq and Securities

Central Bank of Iraq and Securities

2-27-2025

The number of banknotes issued by the Central Bank during January 2025 amounted to 6 billion banknotes, with a value of 100.3 trillion Iraqi dinars, an increase of 4.7% compared to January 2022, when the number of banknotes issued amounted to Read more…

Analysis of the Central Bank of Iraq’s instructions regulating the use of bank cards and their expected impact on the national economy.

Analysis of the Central Bank of Iraq’s instructions regulating the use of bank cards and their expected impact on the national economy.

4-26-2025

Researcher Shaza Khalil*
The Central Bank of Iraq recently issued new instructions regarding updating employee and retiree data and regulating the use of bank cards outside Iraq. These measures aim to enhance transparency and compliance with international banking regulations, in addition to achieving monetary Read more…