CBI INFO & IRAQI DINAR NEWS

Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate

Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate

2023-10-17 13:13

Shafaq News / The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed on Monday that the interest rate for amounts deposited in banks has been raised to 7.5% to encourage citizens to deposit their amounts in banks, and to withdraw the monetary mass outside the banks, while the Ministerial Council for the Iraqi Economy confirmed the study of increasing Read more…

Iraqi Dinar/US Dollar auction results for today 10-16-2023

Iraqi Dinar/US Dollar auction results for today 10-16-2023

Results of the foreign currency selling window, Monday 10/16/2023
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Does Washington have a hand in the dollar crisis, and what is the validity of Baghdad’s intention to print a new currency? Parliament Finance answers

Does Washington have a hand in the dollar crisis, and what is the validity of Baghdad’s intention to print a new currency? Parliament Finance answers

2023-10-16

Today, Monday, the Parliamentary Finance Committee denied the government’s intention to print a new local currency, while revealing the influence exerted by the US Federal Bank on the continuation of the dollar crisis.

Committee member Moeen Al-Kazemi said in a statement to Al-Mutala’ Agency, “Talk about the federal government intending to print a new Read more…

Parliamentary hosting of the Governor of the Central Bank of Iraq regarding the dollar exchange rate

Parliamentary hosting of the Governor of the Central Bank of Iraq regarding the dollar exchange rate

2023-10-16 03:04

Shafaq News/ The Parliamentary Finance Committee announced on Monday that it will host in the coming days the governor of the Central Bank of Iraq and its general directors regarding the lack of control over the exchange rate of the US dollar against the dinar.

Committee member Mustafa Read more…

The Iraqi currency auction and World Bank determinants.

The Iraqi currency auction and World Bank determinants.

2023-10-16

Muhammad Hassan Al-Saadi
Since the US invasion of Iraq, the World Bank and the US Treasury have been providing the necessary funds to its central bank, with funds received estimated at 10 billion dollars or more annually.

This money is from its oil sales, so it is placed in a fund in the Federal Bank, while Iraq seeks to obtain Read more…

A parliamentarian reveals: A Jordanian bank accounts for 75% of dollar transfers in Iraq

A parliamentarian reveals: A Jordanian bank accounts for 75% of dollar transfers in Iraq

2023-10-16

Sunday, a member of the House of Representatives, Hussein Arab, revealed that a Jordanian bank had acquired 75% of dollar transfers in Iraq, and while revealing the volume of “forbidden” trade, he issued a warning about the rise in the dollar.

Arab said in an interview with the Twenty program broadcast by Al-Sumaria TV, that “there are many and major failures in the issue of the dollar and Read more…

Iraqi Dinar/US Dollar auction results for today 10-15-2023

Iraqi Dinar/US Dollar auction results for today 10-15-2023

Results of the foreign currency selling window, Sunday 10/15/2023
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The Parliamentary Finance Committee calls for controlling the dollar exchange rate

The Parliamentary Finance Committee calls for controlling the dollar exchange rate

10-15-2023

On Sunday, the Parliamentary Finance Committee called for controlling the dollar exchange rate, stressing the importance of following up on measures related to economic affairs and automating taxes as they are the basis of money and the economy.

The Media Department of the House of Representatives said in a statement, “The Finance Committee was held under the chairmanship of Read more…

An economist announces loudly: The banking sector is facing annihilation

An economist announces loudly: The banking sector is facing annihilation

10-14-2023

On Saturday, economic researcher Mustafa Hantoush considered the actions of the Central Bank of Iraq and the US Federal Reserve to be “annihilation” of the Iraqi banking sector.

Hantoush told Jarida , “Not all exchange companies, banks, and financial companies use devious methods, as Read more…

An important economic recommendation for the Central Bank after it used exchange companies to sell dollars to travelers

An important economic recommendation for the Central Bank after it used exchange companies to sell dollars to travelers

10-14-2023

On Saturday, economist Omar Al-Halbousi recommended that the Central Bank choose prudent exchange companies that adhere to its decisions and procedures to sell dollars to travelers at airports.

Al-Halbousi told “ Jarida ” that “exchange companies are considered more Read more…

More than $801 million in sales from the Central Bank of Iraq in a week

More than $801 million in sales from the Central Bank of Iraq in a week

2023-10-14 02:56

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 801 million dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the five days in which the auction was opened, Read more…

Central Bank: No comment on the “Western Union” money transfer service

Central Bank: No comment on the “Western Union” money transfer service

2023-10-12

Thursday, the Central Bank of Iraq denied suspending the work of the “Western Union” international financial transfer service until further notice, while indicating that there is no such practice currently.

Zain Iraq announced earlier Thursday, its commitment to implementing the directives of the Central Bank of Iraq by stopping the Western Union service as of Read more…

Iraqi Dinar/US Dollar auction results for today 10-12-2023

Iraqi Dinar/US Dollar auction results for today 10-12-2023

Results of the foreign currency selling window, Thursday 10/12/2023
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The citizen wonders: When will exchange rates be controlled

The citizen wonders: When will exchange rates be controlled

10-12-2023

Dr. Basil Abbas Khudair
Citizens in general do not have direct interests with the dollar and its associated exchange rates or other details. The vast majority of the population consists of employees, retirees, earners, those covered by social protection, the unemployed, those with special needs, or those who do not have the ability Read more…

The Central Bank of Iraq suspends the “Western Union” service for international financial transfer

The Central Bank of Iraq suspends the “Western Union” service for international financial transfer

2023-10-12 05:15

Shafaq News/ The Central Bank of Iraq decided, today, Thursday, to suspend the “Western Union” service for international financial transfer and until further notice.

The company explained in a notice it circulated that, in implementation of the directives of the Central Bank of Iraq, Read more…

Iraqi Dinar/US Dollar auction results for today 10-11-2023

Iraqi Dinar/US Dollar auction results for today 10-11-2023

Results of the foreign currency selling window, Wednesday 10/11/2023
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The dollar will be reduced in Iraq.. A new government project related to trade with 3 countries was revealed

The dollar will be reduced in Iraq.. A new government project related to trade with 3 countries was revealed

10-11-2023

Information/private..
Today, Wednesday, the State of Law coalition revealed a new government project related to trade exchange between Iraq and three countries, while clarifying America’s position on that, and its impact on the dollar.

The leader of the coalition, Jassim Muhammad, said in an interview with the “Maalouma” agency, “There is a new government project to adopt Read more…

New features in the dollar file soon… Parliament Finance discusses the crisis with all Iraqi banks

New features in the dollar file soon… Parliament Finance discusses the crisis with all Iraqi banks

2023-10-11

The Parliamentary Finance Committee confirmed today, Wednesday, that next week, bank directors and the governor of the Central Bank will be hosted to discuss the dollar crisis.

Committee member Mustafa Al-Karaawi said in a statement to Al-Mutalaa Agency, “The Parliamentary Finance Committee intends to host the governor Read more…

Iraqi Dinar/US Dollar auction results for today 10-10-2023

Iraqi Dinar/US Dollar auction results for today 10-10-2023

Results of the foreign currency selling window, Tuesday 10/10/2023
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Parliamentary Integrity: Al-Sudani committed a legal and constitutional violation, and Al-Alaq is negligent in his action

Parliamentary Integrity: Al-Sudani committed a legal and constitutional violation, and Al-Alaq is negligent in his action

2023-10-10

Member of the Parliamentary Integrity Committee, Hadi Al-Salami, confirmed today, Tuesday, that Prime Minister Muhammad Shiaa Al-Sudani committed a legal and constitutional violation in the case of appointing Ali Al-Alaq as Governor of the Central Bank, indicating that Al-Alaq was negligent in his work and was unable Read more…