CBI INFO & IRAQI DINAR NEWS

How did the “bundles of money” end up in the hands of corrupt officials? A financial expert explains.

How did the “bundles of money” end up in the hands of corrupt officials? A financial expert explains.

2026-07-01

Shafaq News – Baghdad
Financial expert and former director at the Central Bank of Iraq, Mahmoud Dagher, confirmed on Wednesday that the arrival of new money packages (in both dinars and dollars) in the hands of corrupt individuals does not mean that there is an illegal channel within the Central Bank, attributing this to the natural cycle of cash movement between the Central Bank, banks, and their clients.

Dagher told Shafaq News Agency that the Central Bank provides banks with new banknotes, which in turn distribute Read more…

Deposits and credit declined in Iraqi banks during 2026

Deposits and credit declined in Iraqi banks during 2026

2026-06-29

Shafaq News – Baghdad
Data from the Central Bank of Iraq showed a decline in total deposits and credit in the banking sector during the first four months of 2026.

According to bank data seen by Shafaq News Agency, total deposits in the banking sector decreased during the first four months to 104.727 trillion dinars by the end of April 2026, compared to 111.065 trillion dinars at the end of 2025, a decrease of 6.338 trillion dinars.

According to the data, central government deposits decreased to Read more…

Iraq’s foreign reserves decline to $97.8 billion

Iraq’s foreign reserves decline to $97.8 billion

2026-06-28

Shafaq News – Baghdad
The Central Bank of Iraq’s foreign reserves declined to $97.809 billion by the end of April 2026, while gold reserves amounted to 33.925 trillion dinars, according to Central Bank data.

Data from the Central Bank of Iraq, reviewed by Shafaq News Agency, showed that foreign reserves fell from $100.341 billion in March to $97.809 billion in April, while gold reserves declined slightly Read more…

Salmaniya Currency Market: Rumors behind dollar fluctuations… we expect it to decline this week

Salmaniya Currency Market: Rumors behind dollar fluctuations… we expect it to decline this week

2026-06-27

Shafaq News – Sulaymaniyah
The spokesman for the dollar market in Sulaymaniyah, Jabbar Goran, confirmed on Saturday that the fluctuation in the value of the Iraqi dinar against the dollar during the past few days was a result of the circulation of incorrect rumors, while he expected the exchange rate of the dinar to improve during the current week.

Goran told Shafaq News Agency that “the instability in the exchange rate of the dinar against the dollar was due to the spread of some inaccurate rumors, but the Central Bank of Iraq Read more…

Iraq reduces its dollar sales by 36% during the first five months of 2026

Iraq reduces its dollar sales by 36% during the first five months of 2026

2026-06-25

Shafaq News – Baghdad
The Central Bank of Iraq’s sales of foreign currency declined by 36% during the first five months of 2026, reaching $22.531 billion, compared to $35.201 billion during the same period in 2025.

Data from the Central Bank of Iraq, reviewed by Shafaq News Agency, showed that the bank’s sales during the period from January to May 2026 were distributed as follows: Read more…

The Central Bank Governor emphasizes the importance of implementing the banking reform plan in accordance with international standards.

The Central Bank Governor emphasizes the importance of implementing the banking reform plan in accordance with international standards.

6-24-2026

Central Bank Governor Nizar Nasser stressed on Wednesday the importance of implementing the banking reform plan in accordance with international standards.

The bank stated in a statement that “the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, received the Chargé d’Affaires of the US Embassy in Iraq, Joshua Harris, who congratulated the Governor on assuming the position.”

The statement continued, “During the meeting, prospects for strengthening the strategic partnership and common Read more…

Iraq’s domestic debt rises to 95.7 trillion dinars, while its external debt declines.

Iraq’s domestic debt rises to 95.7 trillion dinars, while its external debt declines.

2026-06-24

Shafaq News – Baghdad
Data from the Central Bank of Iraq, released on Wednesday, showed that domestic public debt rose to 95.7 trillion dinars by the end of April 2026, while external debt saw a decline on an annual basis.

According to bank data, which was reviewed by Shafaq News Agency, domestic public debt rose to 95.679 trillion dinars by the end of April of this year, compared to 90.515 trillion dinars recorded Read more…

Financial advisor: Domestic borrowing will not affect the Central Bank’s reserves, and there is no intention to increase taxes.

Financial advisor: Domestic borrowing will not affect the Central Bank’s reserves, and there is no intention to increase taxes.

6-23-2026

Information / Baghdad…
Financial advisor Mohammed Mazhar Mohammed Saleh confirmed on Tuesday that the government’s move towards domestic borrowing instead of external borrowing will not affect the Central Bank’s foreign currency reserves, denying that the state will resort to imposing new taxes to overcome the financial crisis.
Saleh told Al-Maalouma, “The decision not to resort to external borrowing will proceed in two directions. The first relies on treasury transfers and the issuance of bank bonds, which Read more…

Beware, Al-Zaydi government and its central bank, of manipulating the dinar’s exchange rate.

Beware, Al-Zaydi government and its central bank, of manipulating the dinar’s exchange rate.

2026-06-23 05:03

Dr. Shwan Zangana
Iraq is suffering from a significant decline in its oil and non-oil revenues due to the decline in oil prices and the economic recession that has put pressure on non-oil revenues. The revenue crisis has worsened since the beginning of this year and the region’s entry into a heated conflict, especially after the closure of the Strait of Hormuz and the drop in oil exports to their lowest levels.

The previous Sudanese government designed the general budget based on an approximate annual deficit of 24 trillion Iraqi dinars. When Al-Zidi took over the premiership, he found this large deficit in his lap, and he had to deal with it through fiscal and monetary policy tools. It seems that many tools were proposed, but the most dangerous of them for the Iraqi economy is manipulating the exchange rate, especially since Read more…

The Central Bank Governor assumes his duties and reviews the bank’s operations.

The Central Bank Governor assumes his duties and reviews the bank’s operations.

2026/06/22

The new Governor of the Central Bank of Iraq, Nizar Nasser, began his official duties today, Monday, accompanied by the former Governor, Ali Mohsen Al-Alaq, while he conducted a field tour of the various offices and departments of the bank to review the progress of work.
The Central Bank’s media office stated in a statement received by Al-Furat News that “Nizar Nasser was accompanied during the tour by former governor Ali Mohsen Al-Alaq, where they were briefed on the nature of the tasks and Read more…

Al-Zidi oversees the handover ceremony for the Central Bank and appoints Al-Alaq as an “advisor”.

Al-Zidi oversees the handover ceremony for the Central Bank and appoints Al-Alaq as an “advisor”.

2026-06-21

Shafaq News – Baghdad
On Sunday, Prime Minister Ali Faleh al-Zaidi oversaw the handover ceremony between the new Central Bank Governor, Nizar Nasser Hussein, and the former governor, Ali Mohsen al-Alaq .

The Prime Minister’s Media Office said in a statement received by Shafaq News Agency that “Al-Zidi stressed the importance of proceeding with banking reform programs, which contribute to achieving financial stability and provide a suitable economic and investment Read more…

Ali Al-Alaq was relieved of his position as Governor of the Central Bank and Nizar Nasser was appointed in his place.

Ali Al-Alaq was relieved of his position as Governor of the Central Bank and Nizar Nasser was appointed in his place.

6-18-2026

An informed source reported on Thursday (June 18, 2026) that the Governor of the Central Bank of Iraq, Ali Al-Alaq, was relieved of his post, and Nizar Nasser was assigned to manage the Central Bank in his place.

The source said that “Nizar Nasser has been assigned to manage the Central Bank,” noting that “this came after the dismissal of the Governor of the Central Bank of Iraq, Ali Al-Alaq, from his position.”

He added that “the decision to dismiss and appoint the new governor has come into effect,” indicating that Read more…

Urgent: Source for Al-Furat News: Nizar Nasser appointed as Governor of the Central Bank

Urgent: Source for Al-Furat News: Nizar Nasser appointed as Governor of the Central Bank

2026/06/18

An informed source revealed today, Thursday, that Nizar Nasser has been assigned the position of Governor of the Central Bank of Iraq. Read more…

The Central Bank denies raising the dollar exchange rate.

The Central Bank denies raising the dollar exchange rate.

6-17-2026

The Central Bank of Iraq denied on Wednesday any intention to change the exchange rate of the US dollar.
In a statement received by Al-Maalomah News Agency, the bank categorically denied “the circulating news regarding any intention to amend the exchange rate of the Iraqi dinar.”
It warned against “circulating misleading news,” revealing that it had “detected a forged document circulating that claims a request was submitted Read more…

Financial expert: Expectations of a dinar devaluation are driving increased demand for the dollar and fueling speculation.

Financial expert: Expectations of a dinar devaluation are driving increased demand for the dollar and fueling speculation.

2026-06-17

Shafaq News – Baghdad
Financial expert and former Director General of the Central Bank of Iraq, Mahmoud Dagher, revealed on Wednesday that expectations of a reduction in the value of the Iraqi dinar in light of the economic situation and existing debts are driving an increase in demand for the dollar and a rise in its price in the local market.

Dagher added, in an interview with Shafaq News Agency, that statements and leaks related to the work of the Central Bank or the possibility of changing the exchange rate contribute to Read more…

Central bank reserves declined during the second quarter of 2026

Central bank reserves declined during the second quarter of 2026

2026-06-17

Shafaq News – Baghdad
Recent official data from the Central Bank showed a decline in the bank’s foreign reserves during the second quarter of this year.

According to data seen by Shafaq News Agency, the reserve amounted to about 118.947 trillion dinars on May 28, compared to 120.675 trillion dinars on May 21, a decrease of 1.728 trillion dinars, or 1.43%, indicating a continued Read more…

Economist: Printing new paper currency to address the financial deficit is illegal

Economist: Printing new paper currency to address the financial deficit is illegal

6-15-2026

Al-Maalomah/Anbar…
Economic expert Rashid al-Saadi revealed on Monday that the Central Bank’s printing of new banknotes to address the financial deficit is illegal and requires new legislation.
Al-Saadi told Al-Maalomah News Agency, “The Central Bank cannot print new banknotes to address the country’s financial deficit. Its role, according to current law, is limited to printing replacement currency for torn and worn banknotes, as well as compensating for internal Read more…

Al-Mashhadani: No new currency will be printed, and liquidity is linked to dollar imports.

Al-Mashhadani: No new currency will be printed, and liquidity is linked to dollar imports.

2026/06/08

Economic expert Abdul Rahman Al-Mashhadani said that there is no printing of new currency, explaining that the Central Bank finances the government’s need for dinars within a financial mechanism that depends on the availability of dollars in the treasury.

Al-Mashhadani explained in a statement to Al-Furat News Agency that: “There is a three-way cycle that manages the movement of liquidity in the country, based on the government selling oil in dollars and transferring it to the Central Bank to finance the salaries of employees in Iraqi dinars, while the Central Bank works to sell dollars to traders to cover imports, Read more…

An economist says Iraq’s reserves are capable of supporting the dinar despite the risks.

An economist says Iraq’s reserves are capable of supporting the dinar despite the risks.

6-8-2026

Information/Baghdad…
Economic expert Safwan Qusay warned against devaluing the Iraqi dinar against the dollar, coinciding with the ongoing conflict in the region.
Qusay told Al-Maalouma, “The Central Bank possesses dollar reserves exceeding $90 billion, along with more than 170 tons of gold, enabling it to maintain the current exchange rate.”
He added, “If the Strait of Hormuz remains closed due to the regional war and its continuous escalation, without accountability for those responsible for this closure, which has Read more…

“An explanation that needs further explanation”… An economic expert: The Central Bank of Iraq’s statement on the currency did not answer the questions.

“An explanation that needs further explanation”… An economic expert: The Central Bank of Iraq’s statement on the currency did not answer the questions.

2026-06-08

Shafaq News – Baghdad
On Monday, economist Manar Al-Obaidi stated that the latest clarification issued by the Central Bank of Iraq lacked answers to many questions regarding the effects of its measures on the monetary and economic reality, demanding that it publish detailed data on the treasury transfer portfolio and its impact on the monetary base.

Al-Obaidi, commenting on the Central Bank’s statement issued on June 7, 2026, said that he agrees with the technical distinction between “discounting treasury transfers” and “printing currency,” but the discussion should Read more…