CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/US Dollar auction results for today 11-22-2023

Iraqi Dinar/US Dollar auction results for today 11-22-2023

Results of the foreign currency selling window, Wednesday 11/22/2023
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Iraqi Dinar/US Dollar auction results for today 11-21-2023

Iraqi Dinar/US Dollar auction results for today 11-21-2023

Results of the foreign currency selling window, Tuesday 11/21/2023
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To expand the scope of banks supported by the Central Bank…the Chambers of Commerce announces an initiative

To expand the scope of banks supported by the Central Bank…the Chambers of Commerce announces an initiative

11/21/2023

The Federation of Chambers of Commerce announced, on Tuesday, the implementation of an initiative to expand the scope of banks supported by the Central Bank, while noting that 15 banks deal in the Chinese yuan and the UAE dirham.

The Federation’s president, Abdul Razzaq Al-Zuhairi, told the official agency, “The Federation of Chambers of Commerce took a good initiative by expanding the scope Read more…

Iraqi Dinar/US Dollar auction results for today 11-20-2023

Iraqi Dinar/US Dollar auction results for today 11-20-2023

Results of the foreign currency selling window, Monday 11/20/2023
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The Iraqi Central Bank warns against the misuse of electronic payment cards outside the country

The Iraqi Central Bank warns against the misuse of electronic payment cards outside the country

2023-11-20 22:58

Shafaq News/ The Central Bank of Iraq warned that some people might misuse the electronic payment cards it provides to meet the legitimate natural needs of citizens.

The bank stressed, in a statement received by Shafaq News Agency, its commitment to implementing strict measures to limit this phenomenon and protect Read more…

External remittances increased by 93% in the Central Bank of Iraq auction

External remittances increased by 93% in the Central Bank of Iraq auction

2023-11-19 02:26

Shafaq News/ External remittances increased at the Central Bank’s auction, today, Sunday, by 93% at the expense of cash sales, to reach $211 million.

Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold Read more…

5 years of waiting and America welcomes… What does it mean for Iraq to join the European Bank?

5 years of waiting and America welcomes… What does it mean for Iraq to join the European Bank?

2023-11-19 | 03:07

The European Bank for Reconstruction and Development officially included Iraq in its membership, becoming the 74th member of the multilateral lender, and the US administration welcomed this step.
*Official Media Read more…

Nearly 120 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

Nearly 120 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

2023-11-19 22:17

Shafaq News/ The Central Bank of Iraq announced on Sunday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 119 billion Iraqi dinars during the past ten months.

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

Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week

Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week

2023-11-18 01:14

Shafaq News/ The Central Bank of Iraq has completed the final arrangements for the agreement with the UAE’s First Abu Dhabi Bank, according to what a banking source said today, Saturday.

The source told Shafaq News Agency that it is hoped that the actual implementation Read more…

Iraqi Dinar/US Dollar auction results for today 11-16-2023

Iraqi Dinar/US Dollar auction results for today 11-16-2023

Results of the foreign currency selling window, Thursday 11/16/2023
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The Iraqi Central Bank agrees with Turkish banks to enhance external transfer in the euro currency

The Iraqi Central Bank agrees with Turkish banks to enhance external transfer in the euro currency

November 16, 2023

The Central Bank of Iraq agreed with Turkish banks to open accounts for Iraqi banks; For the purposes of external transfer and enhancing balances to finance foreign trade in the euro currency.

Sources added, today, Thursday, that the agreement came during a meeting Read more…

An economic expert expects a “new” decline in the price of the US dollar to reach 1,450 Iraqi dinars

An economic expert expects a “new” decline in the price of the US dollar to reach 1,450 Iraqi dinars

2023-11-16 02:17

Shafaq News/ Financial and economic expert Abdul Rahman Al-Mashhadani predicted on Thursday that the dollar exchange rate will witness a new decline to reach 145,000 Iraqi dinars against 100 dollars, attributing this to the measures taken by the Central Bank of Iraq in agreement with the Federal Reserve Read more…

Iraqi Dinar/US Dollar auction results for today 11-15-2023

Iraqi Dinar/US Dollar auction results for today 11-15-2023

Results of the foreign currency selling window, Wednesday 11/15/2023
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The Finance Committee meeting with government bank directors came up with several recommendations

The Finance Committee meeting with government bank directors came up with several recommendations

11-15-2023

Today, Wednesday, the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, stressed the necessity of accelerating the implementation of the comprehensive banking system, while stressing the importance of facilitating loan granting procedures.

The media office of the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement, “Al-Atwani chaired a session hosting directors of Read more…

The first shipment of dollars from abroad arrived in Iraq.. The Central Bank

The first shipment of dollars from abroad arrived in Iraq.. The Central Bank

11-15-2023

The Central Bank of Iraq announced today, Wednesday, the arrival of the first shipment of dollars from an Iraqi bank, while the Iraqi Trade Bank is holding important discussions with international companies to transfer more than Read more…

Trade exchange between Iraq and Turkey will be in euros… a new agreement between Baghdad and Ankara

Trade exchange between Iraq and Turkey will be in euros… a new agreement between Baghdad and Ankara

11-15-2023

An authorized source in the Central Bank of Iraq revealed, today, Wednesday, the Central Bank’s agreement with Turkish banks to open accounts for Iraqi banks with the aim of enhancing external transfer in the euro currency.

The source told the official agency, Read more…

The Central Bank issues official approvals to three Iraqi private banks to import the US dollar

The Central Bank issues official approvals to three Iraqi private banks to import the US dollar

2023-11-15 22:40

Shafaq News/ A government source revealed, on Wednesday, that the Central Bank issued, during the past two days, official approvals for three Iraqi private banks to import the US dollar to meet their customers’ need for this currency, in amounts amounting to Read more…

Iraqi Dinar/US Dollar auction results for today 11-14-2023

Iraqi Dinar/US Dollar auction results for today 11-14-2023

Results of the foreign currency selling window, Tuesday 11/14/2023
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We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun – Sudanese Advisor

We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun – Sudanese Advisor

11-14-2023

Mazhar Muhammad, Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history, indicating that they are sufficient for Iraq to last 15 months, while the international standard is only 3.

Muhammad indicated in a statement to the official newspaper, Read more…

Sudanese Advisor: The Iraqi-American agreement constitutes the beginning of stabilizing the exchange rate

Sudanese Advisor: The Iraqi-American agreement constitutes the beginning of stabilizing the exchange rate

14/11/2023

Mazhar Muhammad Saleh, advisor to Prime Minister Muhammad Shia al-Sudani for financial and economic affairs, saw the agreement of the Central Bank of Iraq and the representative of the US Federal Bank, regarding strengthening the balances of Iraqi banks in dollars and increasing their number, and strengthening other local banks with balances from an international currency basket, “a step Read more…