CBI INFO & IRAQI DINAR NEWS

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…

The government forms a higher committee to adapt Iraqi banks to international financial requirements

The government forms a higher committee to adapt Iraqi banks to international financial requirements

2024-09-19 04:39

Shafaq News/ Prime Minister Mohammed Shia al-Sudani announced on Thursday the formation of a higher committee to address the work of Iraqi banks in accordance with international financial requirements, while directing private banks to Read more…

Iraqi Dinar/US Dollar auction results for today 9-18-2024

Iraqi Dinar/US Dollar auction results for today 9-18-2024

Foreign currency sales window results for Wednesday 9/18/2024
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Central Bank Governor: We have put in place methods to secure the provision of dollars and are subject to strict supervision

Central Bank Governor: We have put in place methods to secure the provision of dollars and are subject to strict supervision

9-18-2024

Information / Baghdad
The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that all transfers are subject to auditing, while indicating that the decline in oil prices has nothing to do with the rise in exchange rates.
Al-Alaq told the official agency that “the Central Bank provides the dollar Read more…

The judiciary and the State Council confirm that the Governor of the Central Bank of Iraq is subject to the legal retirement age

The judiciary and the State Council confirm that the Governor of the Central Bank of Iraq is subject to the legal retirement age

2024-09-18 07:00

Shafaq News/ The State Council and the Supreme Judiciary settled the controversy over the continuation of the Governor of the Central Bank of Iraq, Ali Al-Alaq, in his position after reaching the legal retirement age.

The two councils confirmed in documents reviewed Read more…

Economic Analysis: The Impact of Declining Private Sector Deposits on the Iraqi Banking System

Economic Analysis: The Impact of Declining Private Sector Deposits on the Iraqi Banking System

9-18-2024

Researcher Shaza Khalil*
An unofficial Iraqi financial report revealed a significant decline in the acquisition of private sector deposits by 12 local banks, compared to a significant increase in the share of banks that have banking relationships with American financial institutions. This shift is considered a significant turning point in the Iraqi financial landscape, Read more…

Iraqi Dinar/US Dollar auction results for today 9-17-2024

Iraqi Dinar/US Dollar auction results for today 9-17-2024

Foreign exchange window results for Tuesday 9/17/2024
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Giving them positions to smuggle dollars.. Arabs and foreigners manipulate the Iraqi economy and invade private sector companies

Giving them positions to smuggle dollars.. Arabs and foreigners manipulate the Iraqi economy and invade private sector companies

2024-09-17

Alsumaria News –
Local In recent years, Iraq has witnessed a major transformation in its economic landscape, as Iraqi companies have become a target for foreign investments by Arab and foreign parties.
This economic invasion is evident in the increasing acquisition and ownership operations by Read more…

Iraqi banks.. A classical mentality that prevents keeping pace with global development by preferring “government” over “private”

Iraqi banks.. A classical mentality that prevents keeping pace with global development by preferring “government” over “private”

2024-09-17 02:44

Shafaq News/ Iraq is moving towards restructuring government banks, after this apparatus became unable to provide modern banking services, and it became burdened with a deep legacy of accumulated burdens, credit defaults, and other problems.

The demands for restructuring came after years of pressure and demands from the International Monetary Fund to restructure Read more…

Iraqi Dinar/US Dollar auction results for today 9-16-2024

Iraqi Dinar/US Dollar auction results for today 9-16-2024

Foreign exchange window results for Monday 9/16/2024
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Iraqi exports decline by 15.7% in the first quarter of this year

Iraqi exports decline by 15.7% in the first quarter of this year

2024-09-16 03:37

Shafaq News/ The Central Bank of Iraq announced, on Monday, that Iraqi exports declined by 15.7% during the first quarter of this year.

The bank said in a report received by Shafaq News Agency, “Iraq’s commodity exports declined by Read more…

Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

9-15-2024

Information/Baghdad…
Economic expert Dr. Safwan Qusay confirmed today, Sunday, the existence of about 70 trillion dinars of free money supply, pointing out the possibility of investing it through the transition to the electronic system in financial transactions.

Qusay told Al-Maalouma, “Focusing on investing in financial inclusion is accompanied by many benefits, the most prominent of which is withdrawing the free cash flow outside the banking system, which is estimated at about Read more…

Al-Alaq: The number of digital banks in Iraq will be greater than neighboring countries

Al-Alaq: The number of digital banks in Iraq will be greater than neighboring countries

2024-09-14 00:46

Shafaq News/ The Governor of the Central Bank of Iraq expected, on Saturday, that the number of digital banks in the country would increase and be larger than in neighboring countries.

This came during his hosting of the activities of the Electronic Payment Conference Read more…

Central Bank: Electronic payment systems have contributed to enhancing Iraq’s compliance with anti-money laundering

Central Bank: Electronic payment systems have contributed to enhancing Iraq’s compliance with anti-money laundering

2024-09-14 02:46

Shafaq News/ The Governor of the Central Bank of Iraq, Ali Al-Alaq, considered, on Saturday, that the use of electronic payment systems and technologies used in the banking sector contributed to enhancing compliance in combating Read more…

Iraqi Dinar/US Dollar auction results for today 9-12-2024

Iraqi Dinar/US Dollar auction results for today 9-12-2024

Foreign exchange window results for Thursday 9/12/2024
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Iraqi Dinar/US Dollar auction results for today 9-11-2024

Iraqi Dinar/US Dollar auction results for today 9-11-2024

Foreign currency sales window results for Wednesday 9/11/2024
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Winners and losers from the fluctuation of the dollar exchange rate against the dinar in Iraq

Winners and losers from the fluctuation of the dollar exchange rate against the dinar in Iraq

2024-09-11

Alsumaria News – Economy
Despite the long period of time since the start of the electronic platform to monitor the movement of the dollar, the exchange rates of the dinar against the US currency still experience a large disparity between the official price announced by the Central Bank, which Read more…

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Foreign exchange window results for Tuesday 9/10/2024
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Iraqi Dinar/US Dollar auction results for for today 9-9-2024

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

Foreign exchange window results for Monday 9/9/2024
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