CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/US Dollar auction results for today 7-18-2024

Iraqi Dinar/US Dollar auction results for today 7-18-2024

Foreign exchange window results for Thursday 7/18/2024
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Ministry of Finance announces launch of new issue of government achievement bonds

Ministry of Finance announces launch of new issue of government achievement bonds

2024/07/18

The Ministry of Finance announced today, Thursday, in cooperation with the Central Bank of Iraq, the launch of a new issue of government achievement bonds (second issue) for public subscription.

A statement by the ministry, received by {Al Furat News}, stated that “the Public Debt Department in the ministry, in cooperation with the Central Bank of Iraq, Read more…

“Expected” measures from the Finance Committee regarding the conflicting dollar exchange rates in Iraq

“Expected” measures from the Finance Committee regarding the conflicting dollar exchange rates in Iraq

2024-07-18

Alsumaria News – Politics
The Parliamentary Finance Committee promised, today, Thursday, July 18, 2024, to host “anticipated” officials inside the House of Representatives dome to determine the real reasons behind the conflict in the dollar exchange rates in the Iraqi markets, after the resumption Read more…

Former MP reveals “the hidden”…these are the restrictions of the US Federal Reserve

Former MP reveals “the hidden”…these are the restrictions of the US Federal Reserve

7-17-2024

Al-Maalouma/ Exclusive..
Former member of the Parliamentary Finance Committee, Abdul Hadi Al-Saadawi, revealed on Wednesday the restrictions imposed by the US Federal Reserve on the Central Bank of Iraq.
Al-Saadawi said in an interview with / Al-Maalouma /, “The US Federal Reserve is Read more…

Iraqi Dinar/US Dollar auction results for today 7-16-2024

Iraqi Dinar/US Dollar auction results for today 7-16-2024

Foreign exchange window results for Tuesday 7/16/2024
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Through the dollar and the yuan… the US Treasury continues to impose its guardianship over the Iraqi economy

Through the dollar and the yuan… the US Treasury continues to impose its guardianship over the Iraqi economy

7-16-2024

Information/Report..
The Parliamentary Finance Committee had previously threatened to demand that the Central Bank address the issue of the exchange rate and the fluidity of foreign trade by using the currency basket diversification system, so that the Central Bank and Iraqi traders have more options.

A currency basket system is a monetary system used by the central banks of Read more…

Parliamentary Economy: Warns of Continued Uncontrollable Dollar Exchange

Parliamentary Economy: Warns of Continued Uncontrollable Dollar Exchange

7-16-2024

Information / Baghdad..
Deputy Chairman of the Parliamentary Economic Committee, Yasser Al-Husseini, warned today, Tuesday, of the continued chaos in the dollar price on the black market, while stressing that the primary beneficiary of the dollar’s ​​rise is a group of banks and companies affiliated with political parties.

Al-Hussaini said in an interview Read more…

Popular movement: The government is still unable to confront the dollar crisis

Popular movement: The government is still unable to confront the dollar crisis

7-16-2024

Information/ Baghdad..
The head of the Popular Movement’s regulatory body, Hussein Ali Al-Karawi, confirmed today, Tuesday, that the government’s submission to American dictates made it unable to confront the dollar crisis.

Al-Karawi said in an interview with Al-Maalouma Agency, “The rise in the dollar exchange rate in local markets has become worrying,” indicating that Read more…

Iraqi Dinar/US Dollar auction results for today 7-15-2024

Iraqi Dinar/US Dollar auction results for today 7-15-2024

Foreign exchange window results for Monday 7/15/2024
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Iraqi Dinar/US Dollar auction results for today 7-14-2024

Iraqi Dinar/US Dollar auction results for today 7-14-2024

Foreign currency sales window results for Sunday 7/14/2024
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The controversy over foreign banks’ acquisition of the “Iraqi Dollar Auction”.. A ​​comprehensive explanation of the reasons

The controversy over foreign banks’ acquisition of the “Iraqi Dollar Auction”.. A ​​comprehensive explanation of the reasons

2024-07-14

Alsumaria News – Economy
The researcher in banking and economic affairs, Mustafa Hantoush, reviewed today, Sunday, the reasons for foreign banks’ acquisition of the largest percentage of shares in some banks inside Iraq and their acquisition of the currency auction as well, as the strengths of these banks are that they are owned by foreign banks Read more…

Al-Shabaki: The Central Bank’s resort to Jordanian banks raises suspicion and doubt

Al-Shabaki: The Central Bank’s resort to Jordanian banks raises suspicion and doubt

7-13-2024

Information / Special..
Former member of the Finance Committee, Mohammed Al-Shabaki, confirmed today, Saturday, that the Central Bank’s resorting to Jordanian banks raises suspicion and doubt, calling for granting Iraqi banks a greater role Read more…

Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks

Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks

2024/07/13

Deputy Prime Minister and Minister of Foreign Affairs, Chairman of the Ministerial Council for the Economy, Fuad Hussein, met Friday, with the US Under Secretary of the Treasury for Terrorism and Money Laundering, Brian Nelson, in the presence of the two accompanying delegations at the ministry’s headquarters in Washington, DC. During the meeting, the issues that the two parties are working on Read more…

Sources: Iraqi Central Bank Governor made unannounced visit to Washington regarding Chinese Yuan

Sources: Iraqi Central Bank Governor made unannounced visit to Washington regarding Chinese Yuan

2024-07-13 00:06

Shafaq News/ Informed sources revealed on Saturday that the Governor of the Central Bank of Iraq, Ali Al-Alaq, is making an unannounced visit to the United States of America to discuss with officials in Washington the decision of the US Federal Reserve to stop Baghdad from dealing in the Chinese yuan.

The sources told Shafaq News Agency that Al-Alaq left for Washington last Tuesday Read more…

Determining a new commission for banks and exchange companies from Iraqi travelers

Determining a new commission for banks and exchange companies from Iraqi travelers

2024-07-13 03:41

Shafaq News/ The Central Bank of Iraq has set the commission of banks and exchange companies from travelers at only 25 thousand dinars.

An official document issued by the Central Bank, which Shafak News Agency reviewed, showed that it decided that the administrative commission for banks Read more…

Why did Iraq stop dealing in the Chinese yuan?

Why did Iraq stop dealing in the Chinese yuan?

2024-07-12

Alsumaria News – Local
The Parliamentary Finance Committee revealed the reasons behind Iraq’s suspension of dealing in the Chinese yuan, while indicating that many of the Central Bank’s procedures are governed by American will.
Committee member Moeen Al-Kazemi said in a statement to Al-Sumaria News, “The US Federal Bank imposed on Iraq to stop dealing in the Chinese yuan, under Read more…

Iraqi Dinar/US Dollar auction result for today 7-11-2024

Iraqi Dinar/US Dollar auction result for today 7-11-2024

Foreign exchange window results for Thursday 7/11/2024
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Iraq stops dealing with the Chinese yuan…and the currency basket is an alternative

Iraq stops dealing with the Chinese yuan…and the currency basket is an alternative

2024/07/11

The Parliamentary Finance Committee revealed that Iraq has decided to stop dealing with the Chinese yuan in financial transfers.

Committee member Moeen Al-Kazemi said in a press statement that “the US Federal Bank imposed on Iraq to stop dealing in the Chinese yuan, under the pretext Read more…

Iraqi Dinar/US Dollar auction results for today 7-10-2024

Iraqi Dinar/US Dollar auction results for today 7-10-2024

Foreign currency sales window results for Wednesday 7/10/2024
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Al-Sudani directs to finalize procedures for developing Rafidain Bank’s work

Al-Sudani directs to finalize procedures for developing Rafidain Bank’s work

2024/07/10

Prime Minister Mohammed Shia Al-Sudani chaired a special meeting today, Wednesday, to develop the work of government banks, in the presence of representatives of Ernst & Young for Auditing and Financial Consulting.

In a statement from his office, Al-Sudani was briefed on the technical Read more…