CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/US Dollar auction results for today 7-22-2024

Iraqi Dinar/US Dollar auction results for today 7-22-2024

Foreign exchange window results for Monday 7/22/2024
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Iraqi Dinar/US Dollar auction results for today 7-21-2024

Iraqi Dinar/US Dollar auction results for today 7-21-2024

Foreign currency sales window results for Sunday 7/21/2024
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Dollar movement in Iraq.. strange decisions and practices that require contemplation

Dollar movement in Iraq.. strange decisions and practices that require contemplation

7-21-2024

Information / Report
The dollar crisis is considered one of the most intractable crises in Iraq, and this crisis worsened when strange decisions were issued, including restricting the sale of dollars to travelers to certain companies and exchange offices and not others.

This matter prompts the citizen to ask, what is the benefit Read more…

The Central Bank of Iraq imposes financial penalties on banks and exchange companies amounting to 43 billion dinars

The Central Bank of Iraq imposes financial penalties on banks and exchange companies amounting to 43 billion dinars

2024-07-21 02:47

Shafaq News/ The Central Bank of Iraq announced on Sunday that fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 43 billion Iraqi dinars during the past three months.

A table of the bank, which Shafaq News Agency reviewed, showed that the fines Read more…

Proposed measures to address the rise of the dollar

Proposed measures to address the rise of the dollar

2024-07-20 05:14

The high exchange rate of the dollar against the Iraqi dinar poses a major economic challenge in Iraq, as it leads to a decline in the value of the Iraqi dinar and an increase in prices, which negatively affects citizens’ purchasing power and the stability of the national economy.

To address this situation, a set of proposed solutions and measures Read more…

An economist expects the dollar exchange rate to continue to differ and explains the reason

An economist expects the dollar exchange rate to continue to differ and explains the reason

2024/07/19

An economic expert expected the dollar exchange rate to continue to rise and the difference with the official price to remain.

Salah Nouri told Al Furat News Agency, “The rise in the dollar price continues, and there remains a difference between the official price set by the Central Bank and Read more…

Parliamentary Finance: Iraq adopts a vision to increase its reserves at the Central Bank

Parliamentary Finance: Iraq adopts a vision to increase its reserves at the Central Bank

7-19-2024

Al-Maalouma/ Baghdad…
Member of the Finance Committee, Mudhar Maan, confirmed on Friday that Iraq has increased its balance of what he called safe havens.
Maan said in an interview with Al-Maalouma that “Iraq has adopted a good strategy in diversifying the financial reserves available to it in the Central Bank, especially Read more…

Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation

Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation

2024-07-19 05:32

Removing zeros from a currency is a procedure undertaken by some countries in order to revalue the national currency and simplify financial transactions. This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable.
For example, if the currency is the “dinar” and its value is equal to Read more…

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…