CBI INFO & IRAQI DINAR NEWS

How did Iraqi exchange companies start selling dollars? Mechanisms and economic impacts

How did Iraqi exchange companies start selling dollars? Mechanisms and economic impacts

9-30-2024

Researcher Shaza Khalil
Exchange companies in Iraq play an important role in the foreign exchange market, especially in selling the US dollar. This practice emerged in response to the growing need for foreign currency by individuals and businesses, including travelers. Since the Iraqi economy is heavily dependent on the dollar, which is used alongside the Iraqi dinar, exchange companies have become Read more…

Iraqi Dinar/US Dollar auction results for today 9-29-2024

Iraqi Dinar/US Dollar auction results for today 9-29-2024

Foreign currency sales window results for Sunday 9/29/2024
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The Central Bank of Iraq warns exchange companies against receiving a commission exceeding 25 thousand from selling dollars to travelers

The Central Bank of Iraq warns exchange companies against receiving a commission exceeding 25 thousand from selling dollars to travelers

2024-09-29 02:06

Shafaq News/ The Central Bank of Iraq warned, on Sunday, exchange companies that sell dollars to travelers from receiving a commission exceeding 25 thousand dinars.

According to a letter signed by the Deputy Governor of the Central Bank, Ammar Hamad Khalaf, and addressed to exchange companies Read more…

Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks?

Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks?

2024-09-27 | 06:24

Local, including liquidation and guardianship, where it was taken Central Bank Iraqi sentence From the decisions against a number of Iraqi private banks for violating banking instructions.
The source said in an interview Read more…

Iraqi Dinar/US Dollar auction results for today 9-26-2024

Iraqi Dinar/US Dollar auction results for today 9-26-2024

Foreign exchange window results for Thursday 9/26/2024
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New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury

New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury

2024-09-26 | 04:40

Revealed, today Thursday, September 26, 2024, New details on the talks between the Prime Minister Mohammed Shia Al-Sudani and US Deputy Treasury Secretary Wally Adeyemo, on the sidelines of the UN General Assembly meetings two days Read more…

Al-Sudani issues banking directives, including suspending capital increases for banks subject to US sanctions

Al-Sudani issues banking directives, including suspending capital increases for banks subject to US sanctions

2024-09-26 04:12

Shafaq News/ A government source revealed, on Thursday, that Prime Minister Mohammed Shia al-Sudani issued directives related to financial and banking reforms, including not increasing the capital of banks subject to US sanctions.

The source told Shafaq News Agency, “Prime Minister Mohammed Shia al-Sudani, before leaving for New York, Read more…

Iraq expresses readiness to enter into partnership with America in the oil industry sector

Iraq expresses readiness to enter into partnership with America in the oil industry sector

2024-09-26 04:36

Shafaq News/ Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank.

This came during his participation in New York, after midnight Read more…

The Central Bank decides to refer a bank to “forced liquidation”

The Central Bank decides to refer a bank to “forced liquidation”

2024-09-26

The Central Bank decided to refer a bank to forced liquidation.

A document from the Central Bank addressed to the Bank of Babylon stated that “based on the decision of the Board of Directors of the Central Bank No. 203 of 2024, the following was decided: Read more…

Iraqi Dinar/US Dollar auction results for today 9-25-2024

Iraqi Dinar/US Dollar auction results for today 9-25-2024

Foreign currency sales window results for Wednesday 9/25/2024
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Iraqi Dinar/US Dollar auction results for today 9-24-2024

Iraqi Dinar/US Dollar auction results for today 9-24-2024

Foreign exchange window results for Tuesday 9/24/2024
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Iraqi Dinar/US Dollar auction results for today 9-23-2024

Iraqi Dinar/US Dollar auction results for today 9-23-2024

Foreign exchange window results for Monday 9/23/2024
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Central Bank Governor announces financial sustainability map for banking sector

Central Bank Governor announces financial sustainability map for banking sector

9-23-2024

Information / Baghdad
The Governor of the Central Bank, Ali Al-Alaq, announced today, Monday, a roadmap for the financial sustainability of the Iraqi banking sector, while indicating that this map is part of the efforts to upgrade the banking sector.
Al-Alaq said in a speech during the launch ceremony Read more…

Iraqi Dinar/US Dollar auction results for today 9-22-2024

Iraqi Dinar/US Dollar auction results for today 9-22-2024

Foreign currency sales window results for Sunday 9/22/2024
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Central Bank of Iraq: We are studying removing zeros from the dinar and there are no restrictions on our balances in America

Central Bank of Iraq: We are studying removing zeros from the dinar and there are no restrictions on our balances in America

2024-09-22 03:19

Shafaq News/ The Central Bank of Iraq reduced, on Sunday, its reliance on the US dollar in commercial transactions, adding that the project to remove zeros in Iraq is under continuous review and study.

Countries remove zeros from their currency to revalue their national currency and Read more…

Governor of the Central Bank of Iraq to Al Jazeera Net: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America

Governor of the Central Bank of Iraq to Al Jazeera Net: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America

9/21/2024

Baghdad – The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, adding that the project to remove zeros in Iraq is subject to continuous review and study at the bank.

Countries remove zeros from their currency to revalue their national currency and Read more…

“No restrictions on our balances in America” ​​.. Al-Alaq: The number of bank cards has increased to 19.75 million cards – Urgent

“No restrictions on our balances in America” ​​.. Al-Alaq: The number of bank cards has increased to 19.75 million cards – Urgent

9-21-2024

The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, adding that the project to remove zeros in Iraq is subject to continuous review Read more…

Hadi Al-Salami: The Governor of the Central Bank refuses the request to host him in Parliament and we will resort to the courts – Urgent

Hadi Al-Salami: The Governor of the Central Bank refuses the request to host him in Parliament and we will resort to the courts – Urgent

9-20-2024

Member of the Parliamentary Integrity Committee, MP Hadi Al-Salami, revealed today, Friday, that the Governor of the Central Bank, Ali Al-Alaq, refused the request to host him in Parliament, while he threatened to resort Read more…

Iraqi Dinar/US Dollar auction results for today 9-19-2024

Iraqi Dinar/US Dollar auction results for today 9-19-2024

Foreign exchange window results for Thursday 9/19/2024
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Prime Minister: The Central Bank has contracted with Oliver Wyman to develop the banking and financial sector

Prime Minister: The Central Bank has contracted with Oliver Wyman to develop the banking and financial sector

9-19-2024

Information/Baghdad..
Prime Minister Mohammed Shia al-Sudani announced today, Thursday, that the Central Bank has contracted with Oliver Wyman Company with the aim of developing the banking and financial sector.

The Prime Minister’s Office stated in a statement received by Al-Maalouma Agency, that “Al-Sudani received the head of the Private Banks Association, in the presence Read more…