CBI INFO & IRAQI DINAR NEWS

Despite the closure of the Strait of Hormuz, an economic expert says the central bank is capable of providing financing for a full year and that the dollar will not be affected.

Despite the closure of the Strait of Hormuz, an economic expert says the central bank is capable of providing financing for a full year and that the dollar will not be affected.

2026/03/13

Economic expert Abdul Rahman Al-Mashhadani confirmed that the Central Bank of Iraq is capable of financing the economy for a full year without affecting the price of the dollar.

Al-Mashhadani told Al-Furat News Agency that: “The continued closure of the Strait of Hormuz and its impact on Read more…

Bank deposits in Iraq declined as credit increased during 2025

Bank deposits in Iraq declined as credit increased during 2025

2026-03-10 03:10

Shafaq News – Baghdad
The Central Bank of Iraq announced on Tuesday a decline in the growth of deposits and an increase in cash credit growth during the year 2025.

The bank stated, in a statistic seen by Shafaq News Agency, that total deposits at banks operating in Iraq decreased by Read more…

“Within a year”… The Central Bank of Iraq sells more than $80 billion

“Within a year”… The Central Bank of Iraq sells more than $80 billion

2026-03-09 00:11

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Monday that its sales of hard currency amounted to more than $80 billion during the year 2025.

The bank stated in a statistic seen by Shafaq News Agency that its sales of hard currency during 2025 amounted to Read more…

An expert predicts a 30% drop in dollar sales in Iraq.

An expert predicts a 30% drop in dollar sales in Iraq.

2026-03-09 00:54

Shafaq News – Baghdad
Economic expert Manar Al-Obaidi said on Monday that the total sales of foreign currency by the Central Bank of Iraq amounted to about $884 billion during the period from 2006 to 2025, noting that these sales witnessed a remarkable Read more…

Central Bank of Iraq: Reserves cover 12 months of imports

Central Bank of Iraq: Reserves cover 12 months of imports

2026-03-08 09:22

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Sunday that its reserves cover 12 months of imports, while indicating that it possesses “financial buffers”.

In a statement received by Shafaq News Agency, the bank said, “Within the framework of its constitutional and legal responsibilities to protect monetary and Read more…

Iraq’s domestic public debt has risen to more than 8%

Iraq’s domestic public debt has risen to more than 8%

2026-03-08 03:32

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Sunday that domestic public debt will increase by the end of 2025.

The bank said in an official statistic seen by Shafaq News Agency that “Iraq’s internal public debt rose Read more…

The Central Bank of Iraq reveals a decrease in foreign currency reserves.

The Central Bank of Iraq reveals a decrease in foreign currency reserves.

2026-03-05 02:41

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday that its foreign currency reserves will decrease by the end of 2025.

The bank said in an official statistic seen by Shafaq News Agency that its foreign currency reserves at the end of last year amounted to Read more…

The Central Bank announces the completion of the main step in the banking reform process and launches an initiative.

The Central Bank announces the completion of the main step in the banking reform process and launches an initiative.

2026/02/26 .

The Central Bank of Iraq announced today, Thursday, the completion of the main step in the comprehensive reform process of commercial and Islamic banks and branches of foreign banks by submitting the required documents for review.

A statement from the Central Bank of Iraq, Read more…

The Central Bank of Iraq launches a new initiative to expand the capacity of private banks to support international trade.

The Central Bank of Iraq launches a new initiative to expand the capacity of private banks to support international trade.

2026-02-26 03:20

Shafaq News – Baghdad
The Central Bank of Iraq announced on Thursday the launch of a new initiative to expand the ability of private banks to support international trade by allowing them to resume cross-border transactions and issue letters of credit in several foreign currencies.

In a statement today, the bank indicated that it had completed the main step Read more…

The Central Bank warns against scams and fraud perpetrated using various banknotes.

The Central Bank warns against scams and fraud perpetrated using various banknotes.

2026-02-23

The Central Bank warned on Monday of fraud and scams perpetrated using various banknotes. The Central Bank’s media office stated in a statement that “a number of fraud and scams have been detected perpetrated by unscrupulous individuals against citizens for financial gain,” calling for “the need to Read more…

An economic institution submits a proposal to the Iraqi government to stop the rise of the dollar in the parallel market.

An economic institution submits a proposal to the Iraqi government to stop the rise of the dollar in the parallel market.

2026-02-21 02:28

Shafaq News – Baghdad
The “Iraq Future” Economic Foundation attributed the rise in the dollar exchange rate against the dinar in the parallel market to the increased demand for hard US currency by small traders who import goods and services other than food items, while suggesting that these Read more…

Parliamentary move to host the Governor of the Central Bank of Iraq to discuss “salaries and citizens’ income”

Parliamentary move to host the Governor of the Central Bank of Iraq to discuss “salaries and citizens’ income”

2026-02-16 09:01

Shafaq News – Baghdad
On Monday, MP Duha Al-Bahadli, from the National Approach bloc, revealed a parliamentary move to host the Governor of the Central Bank of Iraq, Ali Al-Alaq, to ​​discuss the reasons for the fluctuation in cash liquidity and mechanisms for Read more…

Central Bank: Directive regarding the exchange rate for old and new editions of the dollar

Central Bank: Directive regarding the exchange rate for old and new editions of the dollar

2026-02-16

The Central Bank of Iraq directed all banks and financial institutions on Monday to cease the practice of discriminating between older and newer dollar exchange rates. In a statement, the bank emphasized the importance of eliminating this practice. It also stressed the need for all banks and financial institutions to Read more…

Masrour Barzani praises Al-Alaq’s measures to improve the banking system in Iraq

Masrour Barzani praises Al-Alaq’s measures to improve the banking system in Iraq

2026-02-10 06:28

Shafaq News – Erbil
On Tuesday, the Prime Minister of the Kurdistan Region, Masrour Barzani, held an expanded meeting with the Governor of the Central Bank of Iraq, Ali Al-Alaq, and officials and representatives of a number of banks and digital wallet companies participating in the (My Account) and Read more…

Central Bank Governor: Electronic payment system is essential to boosting the Iraqi economy

Central Bank Governor: Electronic payment system is essential to boosting the Iraqi economy

2026-02-10 00:32

Shafaq News – Erbil
The Governor of the Central Bank of Iraq, Ali Al-Alaq, stated on Tuesday that developing the electronic payment system and digital transformation is necessary to strengthen the country’s economy, expressing his readiness to cooperate and Read more…

Masrour Barzani announces his support for the banking sector reform project: It will improve Iraq’s economy.

Masrour Barzani announces his support for the banking sector reform project: It will improve Iraq’s economy.

2026-02-10 00:58

Shafaq News – Erbil
On Tuesday, the Prime Minister of the Kurdistan Region, Masrour Barzani, announced his government’s support for the banking sector reform project adopted by the Central Bank of Iraq.

This came during his participation in a special dialogue session on the sidelines Read more…

Central Bank Governor: The exchange rate is fixed and will not change, and we will continue to inject dollars.

Central Bank Governor: The exchange rate is fixed and will not change, and we will continue to inject dollars.

2026-02-10

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that the exchange rate of the dollar is stable and will not change, indicating that the Central Bank is not concerned about any problem with gold and foreign currency reserves and that they are continuing to Read more…

The United States affirms its continued support for Iraq to strengthen its financial and monetary stability.

The United States affirms its continued support for Iraq to strengthen its financial and monetary stability.

2026-02-05 08:28

Shafaq News – Baghdad
On Thursday, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, discussed with the Chargé d’Affaires of the US Embassy in Iraq, Josh Harris, support for monetary stability in Iraq, with the latter affirming the continuation of US support for Iraq to Read more…

From Dollar to Dinar: Exchange Rate Policy Threatens the Stability of Iraq’s Oil Sector

From Dollar to Dinar: Exchange Rate Policy Threatens the Stability of Iraq’s Oil Sector

2026-02-04 01:13

Shafaq News – Baghdad
The Central Bank of Iraq’s decision to disburse dollar remittances and convert them into Iraqi dinars for contractors with oil companies operating in Iraq has raised widespread questions in economic circles regarding the implications of this measure on those companies, particularly with regard to external obligations and Read more…

Private banks in Iraq: Numerous banks and a lack of trust hinder genuine investment of funds.

Private banks in Iraq: Numerous banks and a lack of trust hinder genuine investment of funds.

2026-02-03 02:39

Shafaq News – Baghdad
Despite the significant increase in the number of private banks operating in Iraq and the expansion of their capital in recent years, their contribution to credit activity remains limited in relation to the size of the local economy and its financing needs, as well as being much less than what is offered by banks in neighboring countries Read more…