CBI INFO & IRAQI DINAR NEWS

Central Bank Governor comments on dollar exchange and foreign remittances

Central Bank Governor comments on dollar exchange and foreign remittances

2024-08-05

Central Bank Governor Ali Al-Alaq spoke about the dollar exchange rate and foreign remittances.

Al-Alaq said in a statement received on the sidelines of his hosting in the House of Representatives that “our foreign currency reserves are sufficient to Read more…

Iraqi Dinar/US Dollar auction results for today 8-4-2024

Iraqi Dinar/US Dollar auction results for today 8-4-2024

Foreign currency sales window results for Sunday 8/4/2024
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Parliamentary Finance: There is a duality in US sanctions imposed on Iraqi banks

Parliamentary Finance: There is a duality in US sanctions imposed on Iraqi banks

2024-08-04 08:12

Shafaq News/ The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed on Sunday, with the governor of the Central Bank, that the fluctuation of the dollar exchange rate creates a state of economic and financial instability, especially with the increasing gap between the official selling price of the dollar and the parallel market price, stressing the existence of duality in imposing US sanctions Read more…

Central Bank Governor: We will not reduce the dollar exchange rate now

Central Bank Governor: We will not reduce the dollar exchange rate now

2024/08/04

Member of the Parliamentary Finance Committee, Ikhlas Al Dulaimi, confirmed that the Governor of the Central Bank, Ali Al Alaq, confirmed that “there will not be a move to reduce the dollar exchange rate at the present time.”

Al-Dulaimi said in a press statement that “the dollar price Read more…

Parliament hosts Central Bank Governor to discuss exchange rate

Parliament hosts Central Bank Governor to discuss exchange rate

2024-08-04

Alsumaria News – Politics
A parliamentary source revealed today, Sunday, that the parliament is hosting the Governor of the Central Bank, Ali Al-Alaq, today to discuss the exchange rate.
The source told Sumaria News, “The Finance Committee is hosting the Governor Read more…

MPs move to question Central Bank Governor

MPs move to question Central Bank Governor

2024-08-04

Today, Sunday, the Finance Committee of the Iraqi Council of Representatives directed a request to the Parliament Presidency to question the Governor of the Central Bank.
A document signed by the members of the Finance Committee, received by Sumarya News, stated, “We, the members of the Finance Committee Read more…

Al-Fath: Foreign banks in Iraq have no cash value

Al-Fath: Foreign banks in Iraq have no cash value

8-3-2024

Information/Special..
Member of the Al-Fatah Alliance, Mahmoud Al-Hayani, revealed today, Saturday, the existence of large corruption files within the Iraqi banking sector and the involvement of major figures, while he confirmed that foreign banks in Iraq do not have a monetary value Read more…

Sources: Central Bank “delaying” implementation of Al-Sudani’s directives to launch financing initiatives

Sources: Central Bank “delaying” implementation of Al-Sudani’s directives to launch financing initiatives

2024-08-03 05:45

Shafaq News/ The Central Bank of Iraq is delaying the launch of financing initiatives despite the request of Prime Minister Mohammed Shia al-Sudani, according to informed sources.

The sources told Shafaq News Agency that the Central Bank has Read more…

“The usurers did not do it” .. Iraqi bank interest is “extortion in the name of the state” and insurance is “mandatory”

“The usurers did not do it” .. Iraqi bank interest is “extortion in the name of the state” and insurance is “mandatory”

2024-08-02 06:44

Shafaq News/ Abu Shams could not believe that his name appeared on the list of names sent by the National Investment Commission to one of the branches of Rafidain Bank and that finally, after years of waiting, he will own his own home. Instead of the monthly rent that he had been paying to the landlord for many years, he will turn into paying the rent for himself. The monthly installment Read more…

Iraqi Dinar/US Dollar auction results for today 8-1-2024

Iraqi Dinar/US Dollar auction results for today 8-1-2024

Foreign exchange window results for Thursday 8/1/2024
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Iraqi Dinar/US Dollar auction results for today 7-31-2024

Iraqi Dinar/US Dollar auction results for today 7-31-2024

Foreign currency sales window results for Wednesday 7/31/2024
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Iraqi Dinar/US Dollar auction results for today 7-30-2024

Iraqi Dinar/US Dollar auction results for today 7-30-2024

Foreign exchange window results for Tuesday 7/30/2024
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Iraqi Dinar/US Dollar auction results for today 7-29-2024

Iraqi Dinar/US Dollar auction results for today 7-29-2024

Foreign exchange window results for Monday 7/29/2024
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Parliamentary Integrity Committee threatens to hold the Governor of the Central Bank of Iraq accountable: Transparency is absent in the dollar auction

Parliamentary Integrity Committee threatens to hold the Governor of the Central Bank of Iraq accountable: Transparency is absent in the dollar auction

2024-07-29 03:55

Shafaq News/ The Parliamentary Integrity Committee accused, on Monday, the Central Bank of Iraq of not being transparent regarding the dollar auction, and not providing data on the destinations where hard currency is spent, stressing that it will hold the bank’s governor, Ali Al-Alaq, accountable.

Committee member Hadi Al-Salami told Shafaq News Agency, “There is a lack of Read more…

Iraqi Dinar/US Dollar auction results for today 7-28-2024

Iraqi Dinar/US Dollar auction results for today 7-28-2024

Foreign currency sales window results for Sunday 7/28/2024
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The US Federal Reserve adopts a new strategy towards Iraq.. The dollar is threatened with rising to unprecedented levels

The US Federal Reserve adopts a new strategy towards Iraq.. The dollar is threatened with rising to unprecedented levels

2024-07-26

Economic researcher Ziad Al-Hashemi revealed new information about the US Federal Reserve’s policy towards Iraq, expecting the dollar to rise against the dinar, which will put great pressure on the Iraqi banking system.

Al-Hashemi told Alsumaria News that “some information from within the corridors of the Central Bank of Iraq indicates that the US Federal Reserve has adopted a Read more…

Iraqi Dinar/US Dollar auction results for today 7-25-2024

Iraqi Dinar/US Dollar auction results for today 7-25-2024

Foreign exchange window results for Thursday 7/25/2024
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“Vigilant Guardian”… Harmonious Supervisory Cooperation to Guarantee Citizens’ Deposits in Iraqi Banks

“Vigilant Guardian”… Harmonious Supervisory Cooperation to Guarantee Citizens’ Deposits in Iraqi Banks

2024/07/25

At the heart of the Iraqi financial system, the harmonious cooperation between the Banking Control Department and the Iraqi Deposit Insurance Corporation (ICDI) is evident as two fundamental pillars in the edifice of financial stability.

Despite the apparent overlap in their duties, a deeper look into the details of their Read more…

Saleh: The Central Bank’s dollar reserves are solid and the GDP rate is very optimistic

Saleh: The Central Bank’s dollar reserves are solid and the GDP rate is very optimistic

2024/07/25

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed the cohesion of foreign reserves, especially the dollar, at the Central Bank of Iraq.

Saleh told Al Furat News Agency, “Covering urgent expenses in dollars, as they represent the desired demand for foreign currency, in addition to the level of sufficiency of incoming foreign currency flows Read more…

Parliamentary Finance Committee reveals a legal violation concerning the Central Bank Governor.. What about the dollar?

Parliamentary Finance Committee reveals a legal violation concerning the Central Bank Governor.. What about the dollar?

2024-07-25

Alsumaria News – Politics
The Parliamentary Finance Committee confirmed, today, Thursday, July 25, 2024, that the procedures of the Central Bank of Iraq to change the exchange rate of the dollar in the local Iraqi markets did not reap any effect and did not achieve any real actual result, revealing a legal violation concerning the Governor of the Central Read more…