CBI INFO & IRAQI DINAR NEWS

130 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

130 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

2023-12-27 02:56

Shafaq News/ The Central Bank of Iraq announced, on Wednesday, that it had imposed fines on banks and exchange companies exceeding 127 billion Iraqi dinars during the past 11 months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed Read more…

Iraqi Dinar/US Dollar auction results for today 12-26-2023

Iraqi Dinar/US Dollar auction results for today 12-26-2023

Results of the foreign currency selling window, Tuesday 12/26/2023
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Iraq Expectations 2024: Will mobile phones eliminate “cash”… and what do we know about FIB Bank?

Iraq Expectations 2024: Will mobile phones eliminate “cash”… and what do we know about FIB Bank?

12-26-2023

Bankers and financial experts say that a noticeable jump in the number of Iraqis holding electronic payment cards during the past months encourages expectations of major reforms in the type of commercial transactions and financial services, and also prompts optimism about the success of the “digital banking” experience, especially after the “first bank” “Electronic” in Iraq FIB obtained a license Read more…

Iraqi Dinar/US Dollar auction results for today 12-25-2023

Iraqi Dinar/US Dollar auction results for today 12-25-2023

Results of the foreign currency selling window, Monday 12/25/2023
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A financial expert points out the reasons for the continuous decline in the dollar exchange rate

A financial expert points out the reasons for the continuous decline in the dollar exchange rate

12-25-2023

Information/Baghdad..
On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to several factors, the most important of which is the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar.

Al-Ali said in a statement Read more…

Kurdistan will prevent dealing in the dollar in 2024 if Baghdad wants – a special statement

Kurdistan will prevent dealing in the dollar in 2024 if Baghdad wants – a special statement

12-25-2023

The Minister of Commerce in the Kurdistan Government, Kamal Muslim, confirmed in a statement to the 964 Network that the region only adopts the Iraqi dinar in transactions at the level of border crossings and airports, and said that measures to prevent the circulation of the dollar will include Read more…

Iraqi Dinar/US Dollar auction results for today 12-24-2023

Iraqi Dinar/US Dollar auction results for today 12-24-2023

Results of the foreign currency selling window, Sunday 12/24/2023
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Parliamentary Finance details the decision to supply Iraq with dollars during 2024

Parliamentary Finance details the decision to supply Iraq with dollars during 2024

12-24-2023

Information/private..
Today, Sunday, the Parliamentary Finance Committee detailed the decision to provide America with shipments of dollars to the Iraqi government during 2024, and while it accused the Washington administration, it stressed the necessity Read more…

An economic expert confirms the possibility of following the movement of the dinar

An economic expert confirms the possibility of following the movement of the dinar

12-24-2023

Information / Baghdad…
On Sunday, economic expert Safwan Qusay confirmed the possibility of Iraqi banks to follow the movement of the dinar and buyers of goods and merchandise from abroad, through new electronic cards and the shift towards Read more…

The Sudanese advisor reveals the reasons for the decline in the price of the dollar amid expectations of its rise during the Christmas holiday

The Sudanese advisor reveals the reasons for the decline in the price of the dollar amid expectations of its rise during the Christmas holiday

2023-12-24 02:42

Shafaq News/ Dollar prices have decreased significantly in the past few days throughout Iraq, as the end of the current year approaches, with the market awaiting fear of its fluctuation or its price rising again.

While the Iraqi government believes that the decline in the price of the dollar was Read more…

More than $600 million in Iraqi currency auction sales in a week

More than $600 million in Iraqi currency auction sales in a week

2023-12-23 03:17

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than 600 million dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the last week and for the three days in which the auction opened Read more…

Ali Al-Alaq: The Central Bank followed a plan that positively affected the dollar exchange rate and its stability

Ali Al-Alaq: The Central Bank followed a plan that positively affected the dollar exchange rate and its stability

22/12/2023

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Friday, the continuation of financing foreign trade in several foreign currencies in addition to the dollar, while noting that the banking sector’s implementation of compliance rules strengthens Iraq’s financial position globally, pointing out Read more…

Iraqi Dinar/US Dollar auction results for today 12-21-2023

Iraqi Dinar/US Dollar auction results for today 12-21-2023

Results of the foreign currency selling window, Thursday 12/21/2023
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Iraqi Dinar/US Dollar auction results for today 12-20-2023

Iraqi Dinar/US Dollar auction results for today 12-20-2023

Results of the foreign currency selling window, Wednesday 12/20/2023
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Source: Governmental and private banks imported $255 million within two weeks

Source: Governmental and private banks imported $255 million within two weeks

20/12/2023

A government source announced today, Wednesday, that government and private banks in Iraq imported an amount of $255 million during a period extending over two weeks.

The source stated, in an interview with the official agency, followed by NRT Arabia, that the latest statistics issued by the Central Bank of Iraq showed Read more…

Al-Alaq: Cleansing state institutions of corruption is fundamentally linked to the use of information technology

Al-Alaq: Cleansing state institutions of corruption is fundamentally linked to the use of information technology

20/12/2023

The Governor of the Central Bank, Ali Al-Alaq, stressed today, Wednesday, the importance of engaging in the digital technical revolution. This came during an international scientific conference held under the patronage of the Minister of Read more…

For the purposes of the annual inventory, two government banks decide to stop money transfers and credit activities

For the purposes of the annual inventory, two government banks decide to stop money transfers and credit activities

12-20-2023

Information / Baghdad..
Two government banks announced, on Wednesday, the suspension of financial transfers and credit activities, coinciding with the end of the current year.

A statement from the Trade Bank of Iraq received by Al-Maalouma stated that “it was decided to stop financial transfers and credit activities as of Read more…

The Central Bank of Iraq addresses banks to finance small merchants from Turkey in euros or lira

The Central Bank of Iraq addresses banks to finance small merchants from Turkey in euros or lira

2023-12-20 00:37

Shafaq News/ The Central Bank of Iraq directed private banks to finance small merchants’ imports from Turkey in the euro or Turkish lira.

This is according to an official letter issued Read more…

Iraq’s financial revenues exceed 106 trillion dinars within 10 months, and an expert comments

Iraq’s financial revenues exceed 106 trillion dinars within 10 months, and an expert comments

2023-12-18 00:50

Twilight News/ The Ministry of Finance revealed, on Monday, that the size of Iraqi revenues in the budget In ten months, the Federal Reserve exceeded 106 trillion dinars, confirming the high contribution of oil in the budget to 95%, while an economist Read more…

Iraqi Dinar/US Dollar auction results for today 12-17-2023

Iraqi Dinar/US Dollar auction results for today 12-17-2023

Results of the foreign currency selling window, Sunday 12/17/2023
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