CBI INFO & IRAQI DINAR NEWS

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…

The Central Bank explains the reasons for the rise in dollar prices

The Central Bank explains the reasons for the rise in dollar prices

7-10-2024

Information/Baghdad…
Today, Wednesday, Ahmed Brihi, a member of the Board of Directors of the Central Bank of Iraq, explained the reasons for the rise in the dollar exchange rate in the local market.

In a statement to Al-Maalouma Agency, Brihi said, “The issue of the rise in the exchange rate of the dollar against the Iraqi dinar in the local market is not related Read more…

Start selling dollars to travelers next week and new procedures for transfers in Iraq

Start selling dollars to travelers next week and new procedures for transfers in Iraq

2024-07-10 02:22

Shafaq News/ An informed source revealed, on Wednesday, that Iraqi government banks will start selling US dollars to travelers starting next week, according to the procedures approved by the Central Bank of Iraq.

The source told Shafaq News Agency that government banks are preparing Read more…

Parliamentary effort to question the Central Bank: Costs Iraq trillions and threatens the economy

Parliamentary effort to question the Central Bank: Costs Iraq trillions and threatens the economy

2024-07-10 10:03

Shafaq News/ Member of the Legal Committee, Raed Al-Maliki, announced on Tuesday that he is seeking to hold the relevant authorities accountable, especially the Central Bank and the government, due to the failure of their procedures to address the crisis of the decline in the value of the Iraqi currency and Read more…

The dollar is out of control in Iraq again

The dollar is out of control in Iraq again

7-10-2024

Iraqi markets witnessed a significant increase in the exchange rate of the dollar against the dinar, as the price of one dollar reached 1515 dinars on Tuesday, amid expectations of a continued increase and warnings of its impact on the overall economic situation, after the exchange market witnessed stability during the past months at 1450 dinars.

Previous decisions by the US Treasury Department to impose sanctions Read more…

Iraqi Dinar/US Dollar auction results for today 7-9-2024

Iraqi Dinar/US Dollar auction results for today 7-9-2024

Foreign exchange window results for Tuesday 7/9/2024
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Financial expert reveals reasons for dollar rise and expects new rise in exchange rate

Financial expert reveals reasons for dollar rise and expects new rise in exchange rate

2024-07-09 05:46

Shafaq News/ The official spokesman for the currency market in Sulaymaniyah, Jabbar Kuran, revealed today, Tuesday, the reasons for the rise in the exchange rate of the US dollar against the Iraqi dinar in the parallel market.

Jabbar Kuran said in a statement to Shafaq News Agency, “The issue of the rise in the exchange rate of the dollar against the Iraqi dinar is related to the financial measures Read more…

Representatives of exchange companies in Iraq announce the cancellation of their strike

Representatives of exchange companies in Iraq announce the cancellation of their strike

2024-07-09

Representatives of exchange companies in Iraq announced, on Monday evening, the cancellation of their strike until further notice.

In a statement, representatives of exchange companies in Iraq announced the cancellation of their strike until further notice after meeting with the Prime Minister’s Office and senior staff Read more…

Iraqi Dinar/US Dollar auction results for today 7-8-2024

Iraqi Dinar/US Dollar auction results for today 7-8-2024

Foreign exchange window results for Monday 7/8/2024
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The dollar’s flight does not threaten the dinar.. Al-Sudani’s advisor dispels fears: The dollar system is a thing of the past

The dollar’s flight does not threaten the dinar.. Al-Sudani’s advisor dispels fears: The dollar system is a thing of the past

2024-07-08 05:34

Shafaq News/ The financial and economic advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, commented on Monday on the return of the rise in the exchange rate of the US dollar against the Iraqi dinar in local markets.

Saleh explained to Shafaq News Agency, “The fixed exchange rate system in Iraq is based on an international reserves Read more…

Parliamentary Finance Committee talks about a decision that “created a crisis” for corrupt and thieves

Parliamentary Finance Committee talks about a decision that “created a crisis” for corrupt and thieves

2024-07-08

Iraq is preparing to implement the latest decision of the Central Bank in about 6 days from now, which is to limit the delivery of dollars to travelers inside airports, a decision that the Parliamentary Finance Committee described as Read more…

MP criticizes government for not addressing dollar exchange rate

MP criticizes government for not addressing dollar exchange rate

7-7-2024

Information / Baghdad..
Independent MP Raed Al-Maliki said on Sunday that the Central Bank’s policy did not succeed in addressing the effects of the rise in the dollar exchange rate.

Al-Maliki told Al-Maalouma Agency, “The rise in the dollar exchange rate Read more…

Economist explains the reasons for the rise in the dollar price again

Economist explains the reasons for the rise in the dollar price again

7-7-2024

Information / Baghdad …
Today, Sunday, economic expert Nabil Jabbar Al-Ali commented on the return of the rise in the dollar exchange rate against the dinar in local markets in Baghdad and the governorates.

Al-Ali told Al-Maalouma Agency, “The rise in the dollar exchange rate since the beginning of this week is related to Read more…