CBI INFO & IRAQI DINAR NEWS

The Central Bank of Iraq issues a clarification regarding the “printing of 25 trillion dinars” to provide salaries.

The Central Bank of Iraq issues a clarification regarding the “printing of 25 trillion dinars” to provide salaries.

2026-06-07

Shafaq News – Baghdad
On Sunday, the Central Bank of Iraq issued a clarification regarding what is being circulated about the printing of currency and financing public expenditures, following statements by Foreign Minister Fuad Hussein indicating that 25 trillion dinars had been printed to address the financial crisis and provide salaries.

The Central Bank of Iraq explained in a statement received by Shafaq News Agency that “there is a fundamental and important difference between ‘discounting treasury bills’ and ‘printing currency’ on both the technical and economic Read more…

Between government denial and confirmation… what is happening with the printing of local currency?

Between government denial and confirmation… what is happening with the printing of local currency?

6-7-2026

Information/Report…
Economic warnings continue in Iraq regarding the dangers of resorting to printing local currency as a solution to address the financial deficit or secure salaries and operational expenses. This comes at a time when the issue is witnessing governmental debate regarding whether or not to implement new currency printing operations.
Economic experts emphasize that expanding currency issuance without backing from genuine production growth or an increase in foreign reserves and gold will lead to higher inflation rates and erode the purchasing power of the Iraqi dinar, in addition to Read more…

“The bank didn’t announce it”: Hussein reveals the printing of 25 trillion Iraqi dinars and warns of a catastrophe.

“The bank didn’t announce it”: Hussein reveals the printing of 25 trillion Iraqi dinars and warns of a catastrophe.

2026-06-07

Shafaq News – Baghdad
Iraqi Foreign Minister Fuad Hussein revealed on Saturday that the government has resorted to printing 25 trillion dinars to address the financial crisis, warning that the continuation of the current situation could lead to a “financial catastrophe” in the country, given the decline in revenues related to oil exports.

Hussein said in an interview on the Iraqi channel “Al-Sharqiya” that the continued closure of the Strait of Hormuz threatens to create a severe economic crisis in Iraq, stressing that this matter may affect the government’s ability Read more…

“The gap is widening”… Why do Iraqis prefer money exchange over banks?

“The gap is widening”… Why do Iraqis prefer money exchange over banks?

2026-05-31

Shafaq News – Baghdad
Money exchange and transfer offices in Iraq have witnessed a remarkable expansion in recent years, as a wide segment of citizens and merchants continue to rely on them to carry out their daily financial transactions, in contrast to a relative decline in reliance on government banks for a number of financial services.

According to experts, this expansion reflects a continuing gap between the citizen and the official banking system, related to the speed of completing transactions and ease of access to services, compared to traditional banking Read more…

Government advisor: The dollar is the basis of Iraq’s cash reserves.

Government advisor: The dollar is the basis of Iraq’s cash reserves.

2026-05-26

Shafaq News – Baghdad
On Tuesday, Mazhar Mohammed Saleh, the financial advisor to the Iraqi Prime Minister, stated that diversifying Iraq’s foreign reserves within a balanced investment portfolio represents a strategic monetary policy aimed at enhancing financial stability and reducing the risks associated with relying on a single asset or currency.

Saleh told Shafaq News Agency that the management of foreign reserves at the Central Bank of Iraq is based on liquidity, security and return standards, explaining that the philosophy of managing Read more…

Economists warn against printing money: it threatens the value of the Iraqi dinar.

Economists warn against printing money: it threatens the value of the Iraqi dinar.

5-25-2026

Information / Report..
Recently, there has been talk about a government trend towards studying the option of printing currency to ensure the availability of financial liquidity in banks and to secure the needs of the budget, primarily the salaries of employees and social assistance, in light of increasing financial pressures.

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, explained in a statement to Al-Maalouma that “the Central Bank is adopting several tools to support liquidity, including the policy of quantitative easing and issuing currency within precise controls Read more…

Denying the printing of currency, a financial advisor reassures the public about Iraq’s cash reserves.

Denying the printing of currency, a financial advisor reassures the public about Iraq’s cash reserves.

5-25-2026

The Information Agency / Baghdad…
The financial advisor to the Council of Ministers, Mazhar Muhammad Salih, denied on Monday the circulating reports regarding the Central Bank of Iraq printing local currency outside of regulations, stressing that this process is subject to legal mechanisms and strict financial backing.
Salih told the Information Agency, “The talk circulating among the Iraqi public about the Central Bank printing local currency is completely unfounded,” explaining that “the currency printing process is governed by two legal mechanisms: the first Read more…

Central Bank Governor: No change in the exchange rate and employee salaries are guaranteed

Central Bank Governor: No change in the exchange rate and employee salaries are guaranteed

2026-05-20

The governor of the Central Bank, Ali Al-Alaq, confirmed on Tuesday that there is no intention to make a change to the exchange rate of the dollar against the Iraqi dinar.

Al-Alaq said in a brief statement published by the official newspaper Al-Sabah that “there is no intention Read more…

Central Bank of Iraq: Trade surplus in 2025 reached $24 billion

Central Bank of Iraq: Trade surplus in 2025 reached $24 billion

2026-05-18

Shafaq News – Baghdad
Data released by the Central Bank of Iraq on Monday showed that Iraq achieved a trade surplus of approximately $24.686 billion during 2025, driven by a higher value of exports compared to imports.

According to foreign trade data calculated on an FOB basis, which was reviewed by Shafaq News Agency, total Iraqi exports during Read more…

The government faces a choice between two bitter options: borrowing from friends or turning to the World Bank to cover expenses.

The government faces a choice between two bitter options: borrowing from friends or turning to the World Bank to cover expenses.

5-17-2026

Information/Baghdad…
It appears that the state treasury is no longer full of money, but rather empty and unable to secure the expenses needed by the country with all its facilities and the requirements of its beneficiaries from various segments. This pushes the government towards solutions that may be bitter, by resorting to the World Bank, at a time when the government has the ability to turn to the international Read more…

In numbers… Iraq continues to bleed its foreign currency reserves amid declining oil revenues

In numbers… Iraq continues to bleed its foreign currency reserves amid declining oil revenues

2026-05-17

Shafaq News – Baghdad
Recent financial data released by the Central Bank of Iraq on Sunday revealed a significant decline in the country’s foreign currency reserves, amid official and academic warnings of continued low oil revenues due to the security turmoil affecting energy supply chains in the region.

According to the Central Bank’s newly released official financial indicators, Read more…

An economist confirms the possibility of resorting to the central bank’s reserves to compensate for the deficit.

An economist confirms the possibility of resorting to the central bank’s reserves to compensate for the deficit.

5-15-2026

Information/Baghdad…
Economic expert Dr. Safwan Qusay confirmed the possibility of resorting to the Central Bank of Iraq’s cash reserves, which exceed $90 billion, while simultaneously warning of the potential for inflation within Iraq.
Qusay told Al-Maalouma, “The Central Bank of Iraq’s reserves amount to $90 billion, in addition to 170 tons of gold. If borrowing from these Read more…

Central Bank: We are continuing to reform the banking sector and call for reliance on official sources.

Central Bank: We are continuing to reform the banking sector and call for reliance on official sources.

2026-05-13

The Central Bank of Iraq confirmed on Tuesday (May 12, 2026) the continuation of the implementation of the banking sector reform program, within its strategic vision aimed at strengthening the resilience of the financial system and developing the efficiency of banking institutions in accordance with best practices and international standards, calling for reliance on official sources Read more…

The Central Bank of Iraq is moving towards appointing an independent auditing firm to evaluate banks.

The Central Bank of Iraq is moving towards appointing an independent auditing firm to evaluate banks.

2026-05-12

Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Tuesday the continuation of the banking sector reform program, within a strategic vision aimed at strengthening the resilience of the financial system and raising the efficiency of banking institutions in accordance with international standards.

The bank said in a statement, received by Shafaq News Agency, that Iraqi Read more…

The return of dollar shipments… Has al-Zaidi won the bet of American trust?

The return of dollar shipments… Has al-Zaidi won the bet of American trust?

2026-05-03

Shafaq News – Special Translation
Prime Minister-designate Ali al-Zaidi succeeded in getting a quick response from the United States after he demanded the resumption of sending cash shipments in dollars to Baghdad.

According to the ” Center for Links Research and Strategic Studies ” institute, Read more…

In the new government’s first test: Al-Zaidi secures the return of the dollar to Baghdad and ignites market anticipation.

In the new government’s first test: Al-Zaidi secures the return of the dollar to Baghdad and ignites market anticipation.

5-3-2026

Researcher Shatha Khalil
In the first economic test for the new Iraqi government, Prime Minister-designate Ali Faleh Kazem al-Zaidi succeeded in securing a swift response from the United States after requesting the resumption of dollar cash shipments to Baghdad. This move carried both political and economic significance, reflecting the new government’s ability to establish early channels Read more…

The Central Bank Governor denies halting dollar shipments and confirms: Salaries are secured.

The Central Bank Governor denies halting dollar shipments and confirms: Salaries are secured.

2026-05-02

Shafaq News – Baghdad
The governor of the Central Bank of Iraq, Ali Al-Alaq, denied on Saturday that dollar shipments had stopped, stressing that transfers were continuing regularly and had not stopped, while confirming that employees’ salaries were “secured” no matter how Read more…

The Central Bank of Iraq is discussing with Azerbaijan the opening of bank branches and the development of electronic payment systems.

The Central Bank of Iraq is discussing with Azerbaijan the opening of bank branches and the development of electronic payment systems.

2026-04-30

Shafaq News – Baghdad
On Thursday, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, discussed with the Azerbaijani Ambassador to Baghdad, Eldar Selimov, the development of cooperation, including opening bank branches in both Read more…

The Trump administration seizes Iraqi funds… ready-made pretexts and a worrying government silence

The Trump administration seizes Iraqi funds… ready-made pretexts and a worrying government silence

4-26-2026

The administration of US President Donald Trump, or what is known as the US Treasury Department, seized Iraqi funds amounting to $500 million from oil revenues that were supposed to reach Iraq for use for internal purposes or to benefit from and distribute as salaries, which is the practice on a monthly basis, according to a mechanism that stipulates that the US Federal Reserve receives Read more…

The President wants a “strong” Iraqi dinar and an improved standard of living for citizens.

The President wants a “strong” Iraqi dinar and an improved standard of living for citizens.

4-25-2026

Baghdad-Mail
President Nizar Amidi urged the Central Bank of Iraq, Ali Al-Alaq, on Saturday to strengthen the Iraqi dinar and continue reforms, stressing the need to improve Read more…