CBI INFO & IRAQI DINAR NEWS

A “potential” financial crisis… Iraqi banks face new threats at the end of 2024

A “potential” financial crisis… Iraqi banks face new threats at the end of 2024

2024-05-06 00:53

Shafaq News/ The head of the Iraqi Private Banks Association, Wadih Al-Handal, saw on Monday that depriving half of Iraqi banks of dealing in the main international currency (the dollar) had a significant and clear impact on banking services inside Iraq, while he indicated that the central bank decided to cancel work on the platform. The dollar at the end of this year, and this will have a greater Read more…

A parliamentary committee monitors the “funny and crying” paradoxes in the policies of the Iraqi Central Bank

A parliamentary committee monitors the “funny and crying” paradoxes in the policies of the Iraqi Central Bank

2024-05-06 03:01

Shafaq News/ On Monday, a parliamentary committee observed paradoxes that it described as “cryingly funny” in the policies of the Central Bank of Iraq that resulted in the waste of billions of dinars, calling for an investigation into this file.

The Parliamentary Services Committee said, in a statement received Read more…

Iraqi Dinar/US Dollar auction results for today 5-5-2024

Iraqi Dinar/US Dollar auction results for today 5-5-2024

Results of the foreign currency selling window for Sunday 5/5/2024
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Iraqi Dinar/US Dollar auction results for today 5-2-2024

Iraqi Dinar/US Dollar auction results for today 5-2-2024

Results of the foreign currency selling window for Thursday 5/2/2024
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Al-Sudani directs to take new measures regarding the electronic payment system in Iraq

Al-Sudani directs to take new measures regarding the electronic payment system in Iraq

2024-05-02 02:45

Shafaq News/ A government source said, today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani directed several executive measures related to the electronic payment system and electronic points of sale (POS).

According to the source in his statement to Shafaq News Agency, this directive aims to enhance the use of electronic payment in Iraq and Read more…

Abed Rabbo: Jordanian banks are swallowing up the Iraqi economy and the central bank is dealing with double standards

Abed Rabbo: Jordanian banks are swallowing up the Iraqi economy and the central bank is dealing with double standards

5-1-2024

Information/Exclusive:
Economic expert Ahmed Abd Rabbo confirmed on Wednesday that the Central Bank of Iraq is working duplicatively in granting licenses to foreign banks and imposing sanctions on Iraqi banks.
Abd Rabbo said in a statement to the Al-Ma’louma Agency, “The work of the Central Bank of Iraq carries a great deal of Read more…

Iraqi Dinar/US Dollar auction results for today 4-30-2024

Iraqi Dinar/US Dollar auction results for today 4-30-2024

Results of the foreign currency selling window for Tuesday 4/30/2024
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Iraqi Dinar/US Dollar auction results for today 4-29-2024

Iraqi Dinar/US Dollar auction results for today 4-29-2024

Results of the foreign currency selling window for Monday 4/29/2024
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A specialist identifies the reasons for the decline in the value of the dollar against the Iraqi dinar

A specialist identifies the reasons for the decline in the value of the dollar against the Iraqi dinar

2024-04-29 05:47

Shafaq News/ The official spokesman for the currency market in Sulaymaniyah, Jabbar Gorran, revealed today, Monday, the reasons for the decline in the value of the US dollar against the Iraqi dinar, pointing to the importance of the visit of Iraqi Prime Minister Muhammad Shiaa Al-Sudani to the American capital, Washington.

Kuran told Shafaq News Agency, “The main reason for the decline Read more…

Iraqi Dinar/US Dollar auction results for today 4-28-2024

Iraqi Dinar/US Dollar auction results for today 4-28-2024

Results of the foreign currency selling window for Sunday 4/28/2024
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Prime Minister’s Advisor: We will see the dollar fall on the black market soon

Prime Minister’s Advisor: We will see the dollar fall on the black market soon

4-27-2024

Information / Baghdad
The political advisor to the Prime Minister, Fadi Al-Shammari, confirmed today, Saturday, that the demand for the official dollar has increased, while he expected it to decrease on the black market in the coming period.

Al-Shammari said in a press statement received by Al-Maalouma, that “the classification of financial institutions in Iraq according to World Bank reports is positive, and the Central Bank’s classification is A++ and exceeds Read more…

In a week…more than one billion dollars in sales from the Iraqi Central Bank

In a week…more than one billion dollars in sales from the Iraqi Central Bank

2024-04-27 03:48

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the last week in which the auction was opened amounted to more than one billion dollars.

Shafaq News Agency correspondent said that during the past week, the Central Bank sold 1 billion Read more…

A banking official indicates a “danger” to Iraq by depriving more than half of its banks of dollars

A banking official indicates a “danger” to Iraq by depriving more than half of its banks of dollars

2024-04-26 03:32

Shafaq News/ The head of the Iraqi Private Banks Association, Wadih Al-Handal, on Friday considered the deprivation of more than half of the country’s banks from dealing in US dollars a “dangerous indicator” of the economy.

This came in a speech he delivered during his participation in the Arab Economic Security Forum, organized by Read more…

Iraqi Dinar/US Dollar auction results for today 4-25-2024

Iraqi Dinar/US Dollar auction results for today 4-25-2024

Results of the foreign currency selling window for Thursday 4/25/2024
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Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do

Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do

04/25/2024

The economic expert, Safwan Qusay, revealed the leakage of travelers’ dollars to the parallel market.

Qusay said {to Al-Furat News} that: “The current policy of the Central Bank of Iraq goes towards auditing the cash dollar, which was marred by many failures in Read more…

Iraqi Dinar/US Dollar auction results for today 4-24-2024

Iraqi Dinar/US Dollar auction results for today 4-24-2024

Results of the foreign currency selling window for Wednesday 4/24/2024
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Jordanian banks are sweeping Iraq.. Free licenses and unlimited facilities

Jordanian banks are sweeping Iraq.. Free licenses and unlimited facilities

4-24-2024

Information/private..
Despite Jordan’s hostile policy towards Iraq in many economic and political aspects, external pressures and internal agendas are working to grant privileges and facilities, the latest of which is granting licenses to Jordanian banks, while the Central Bank of Iraq has not done anything about lifting US sanctions Read more…

Economist: The Central Bank has not succeeded in managing the banking system so far

Economist: The Central Bank has not succeeded in managing the banking system so far

4-24-2024

Information/Private..
The economic expert, Zia Mohsen, confirmed today, Wednesday, the inability of the Central Bank to impose its control over Iraqi banks, while he stressed that one of the reasons for the violations is the dominance imposed by many political parties.

Mohsen said in a statement to the Maalouma Agency, “The Central Bank of Iraq Read more…

Parliamentary questions to the Central Bank: What are the justifications for granting licenses to Jordanian banks?

Parliamentary questions to the Central Bank: What are the justifications for granting licenses to Jordanian banks?

4-24-2024

Information/private..
Today, Wednesday, a member of the House of Representatives, Suhaila Al-Sultani, directed a question to the Central Bank regarding approval to grant licenses to Arab and Jordanian banks in particular, while confirming that there are many banking problems facing Iraqi banks.

Al-Sultani said in an interview Read more…

Iraqi Dinar/US Dollar auction results for today 4-23-2024

Iraqi Dinar/US Dollar auction results for today 4-23-2024

Results of the foreign currency selling window for Tuesday 4/23/2024
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