CBI INFO & IRAQI DINAR NEWS

Iraq seeks “monetary sovereignty” Restrictions on the dollar “confuse” Everyday life

Iraq seeks “monetary sovereignty” Restrictions on the dollar “confuse” Everyday life

December 17, 2023

Al-Harith Hassan, an employee in the oil sector in the city of Basra in southern Iraq, has been unable for months to withdraw his full salary in dollars from the bank, after the authorities imposed new restrictions that complicate the use of hard currencies, in their effort to control Read more…

The Iraqi currency exported…to where?

The Iraqi currency exported…to where?

2023-12-16 00:37

Introduction: Shawan Zangana
The Iraqi currency issued is the banknotes issued by the Central Bank for circulation (i.e. printed), with the exception of cash in the vaults of the Central Bank, and is usually found in the vaults of local banks, and in the possession of citizens. The size of this monetary mass depends on the economic situation in Iraq, from Where the growth of the gross domestic product, the speed of monetary circulation, and the level of prices therein, however, the monetary data of the Central Bank of Iraq Read more…

The Central Bank of Iraq’s total dollar sales declined within a week

The Central Bank of Iraq’s total dollar sales declined within a week

2023-12-16 03:39

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 800 million dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week Read more…

Al-Sudani: The Iranian side has no problem in dealing commercially with Iraq using dinars or tomans

Al-Sudani: The Iranian side has no problem in dealing commercially with Iraq using dinars or tomans

2023-12-15

The Prime Minister, “Mohamed Shiaa Al-Sudani,” said Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate, and stressed that” The Iranian side has no problem in dealing commercially with Iraq in dinars Read more…

We beg for our money from them… Where is the sovereignty!! Central Bank: Washington agreed to meet Iraq’s request for cash shipments for the year 2024

We beg for our money from them… Where is the sovereignty!! Central Bank: Washington agreed to meet Iraq’s request for cash shipments for the year 2024

2023-12-15

The Central Bank announced Thursday, the American side’s approval to meet the Central Bank of Iraq’s requests for cash shipments for the year 2024.

The bank said in a statement, “The delegation of the Central Bank of Iraq concluded its meetings with the delegation of the US Federal Reserve and the US Treasury Read more…

Iraqi Dinar/US Dollar auction results for today 12-14-2023

Iraqi Dinar/US Dollar auction results for today 12-14-2023

Results of the foreign currency selling window, Thursday 12/14/2023
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The Central Bank of Iraq agrees with America to meet its requests for cash shipments for the year 2024

The Central Bank of Iraq agrees with America to meet its requests for cash shipments for the year 2024

2023-12-14 01:58

Shafaq News/ The Central Bank of Iraq announced, on Thursday, its agreement with an American delegation to meet the bank’s needs for cash shipments of the dollar currency for the next year.

The bank stated in a statement today that a delegation from it concluded Read more…

Iraqi Dinar/US Dollar auction results for today 12-13-2023

Iraqi Dinar/US Dollar auction results for today 12-13-2023

Results of the foreign currency selling window, Wednesday 12/13/2023
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Starting today…a third of Iraq’s imports will be freed from the control of the dollar

Starting today…a third of Iraq’s imports will be freed from the control of the dollar

2023-12-13 | 03:01

The Central Bank of Iraq announced today, Wednesday, the launch of the process of financing Iraqi imports from the Emirates with the Emirati dirham.
The Central Bank of Iraq stated in a statement received by “Al-Sumaria News”, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met in Dubai with Read more…

Sudanese directs to link the Central Bank, customs and border crossings

Sudanese directs to link the Central Bank, customs and border crossings

2023-12-13 01:55

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani held, before noon on Wednesday, a special meeting of the Networking Committee for Border Ports, in the presence of a number of government advisors.

A statement issued by Al-Sudani’s office stated that the latter “listened, during the meeting, to a comprehensive presentation of the port networking Read more…

The Iraqi Central Bank decides to establish a “national” company for electronic payment systems

The Iraqi Central Bank decides to establish a “national” company for electronic payment systems

2023-12-13 03:33

Shafaq News/ The Board of Directors of the Central Bank of Iraq decided, on Wednesday, to establish the “National Company for Electronic Payment Systems” throughout the country, indicating that the company represents a qualitative Read more…

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

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

Results of the foreign currency selling window, Tuesday 12/12/2023
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Iraqi Dinar/US Dollar auction results for today 12-11-2023

Iraqi Dinar/US Dollar auction results for today 12-11-2023

Results of the foreign currency selling window, Monday 12/11/2023
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Parliamentary Finance calls for the adoption of an electronic system to control the rise of the dollar

Parliamentary Finance calls for the adoption of an electronic system to control the rise of the dollar

11/12/2023

Today, Monday, the Parliamentary Finance Committee announced its call to the Central Bank, taxes, ports, national security, and other concerned parties to adopt a robust electronic system for external and internal transactions with the aim of Read more…

Report: More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq

Report: More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq

2023-12-10 22:55

Shafaq News/ The Future Iraq Foundation for Economic Studies and Consultations counted, on Sunday, the local currency circulating outside the banking system in the country during the year 2023, and said that it exceeded Read more…

Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq

Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq

12/10/2023

Saturday, the Parliamentary Finance Committee called on the Presidency of the House of Representatives to form an investigative committee regarding the statements of one of the representatives regarding monetary policy and the procedures of the Central Bank.

The committee stated in a statement: “We followed with great astonishment and Read more…

Iraq requests US Treasury assistance in tracking the funds of Saddam Hussein’s regime

Iraq requests US Treasury assistance in tracking the funds of Saddam Hussein’s regime

2023-12-10

Shafaq News/ The head of the Federal Integrity Commission, Judge Haider Hanoun, and his accompanying delegation discussed, during a meeting with Deputy Assistant Secretary of the US Treasury Jesse Baker, the possibility of concluding a memorandum of understanding between the Iraq Assets Recovery Fund and Read more…

Iran loses to Iraq in Middle East bank negotiations? This is America’s plan

Iran loses to Iraq in Middle East bank negotiations? This is America’s plan

12-10-2023

Estimates from an international research center reveal that the recent intensive dialogues sponsored by the US Federal Reserve, between Baghdad and major banks in the Middle East, within the “dollarization” crisis, will strengthen the balance of trade and investment exchange with Read more…

Private Iraqi banks: Establishing more than 1.2 million bank accounts within 9 months

Private Iraqi banks: Establishing more than 1.2 million bank accounts within 9 months

2023-12-10 03:07

Shafaq News/ The Iraqi Private Banks Association revealed, on Sunday, a growth in accounts, bank cards and electronic payment devices after the great support provided by Prime Minister Muhammad Shia al-Sudani and the Central Bank of Iraq to the banking sector, through activating electronic payment in government Read more…

The Central Bank of Iraq will issue currency worth 24 trillion Iraqi dinars during 2022 and 2023.

The Central Bank of Iraq will issue currency worth 24 trillion Iraqi dinars during 2022 and 2023.

12-10-2023

The Central Bank of Iraq issues currency worth 24 trillion Iraqi dinars during 2022 and 2023. According to data from the Central Bank of Iraq, the value of the issued cash currency increased from 78 trillion dinars at the beginning of 2022 to reach
more than Read more…