CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/US Dollar auction results for today 7-23-2023

Iraqi Dinar/US Dollar auction results for today 7-23-2023

The results of the foreign currency sale window, Sunday, 7/23/2023
Announcement No. (4928 ) Read more…

Punishing Iraq’s banks: a shake-up in the financial sector and expectations of dollar scarcity

Punishing Iraq’s banks: a shake-up in the financial sector and expectations of dollar scarcity

July 22, 2023

The decision of the US Treasury Department to impose new sanctions on 14 Iraqi banks, months after imposing similar sanctions on 4 important banks due to financial dealings with Iran and others related to money laundering operations, caused a rapid reaction inside Iraq, as it led to a decline in the value of the dinar against the dollar, along with the influx of depositors to the punished banks to withdraw their money Read more…

About a billion dollars in Iraqi Central sales last week

About a billion dollars in Iraqi Central sales last week

2023-07-22 03:13

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to about one billion dollars.

The economic correspondent of Shafaq News agency said that the Central Bank sold during the past week, and for the four days in which the auction opened, 889 Read more…

Iraqi banks and citizenship

Iraqi banks and citizenship

7-22-2023

Sami Jawad Kazem
Every citizen has responsibilities for the sake of his homeland and the love of the homeland from faith when you find your identity in it and the responsibility is represented in his actions at the various levels in which he is present. This is one aspect and another aspect in Iraq after the fall, dozens of private banks appeared and apart from how they were established, Read more…

The Iraqi dinar pays the bill for the confrontation between Washington and Tehran

The Iraqi dinar pays the bill for the confrontation between Washington and Tehran

7-22-2023

BAGHDAD – The crisis of the collapse of the Iraqi dinar’s exchange rate against the dollar has returned to the forefront, prompted by US sanctions against 14 Iraqi banks that Washington believes constitute a vital artery for the flow of hard currency to Iran, while the Iraqi government is powerless Read more…

The crisis of the rise of the dollar returns to the fore… and an upcoming parliamentary procedure

The crisis of the rise of the dollar returns to the fore… and an upcoming parliamentary procedure

2023-07-21 01:44

Shafaq News/ The Parliamentary Finance Committee confirmed, on Friday, its intention to host the Governor of the Central Bank and the Minister of Finance during the next week, to find out the reasons for not controlling the parallel exchange rate.

The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set Read more…

Iraqi Dinar/US Dollar auction results for today 7-20-2023

Iraqi Dinar/US Dollar auction results for today 7-20-2023

The results of the foreign currency sale window, Thursday 7/20/2023
Announcement No. (4927 ) Read more…

Enhancing confidence in the Iraqi dinar

Enhancing confidence in the Iraqi dinar

July 20, 2023

To enhance the ability of the Iraqi dinar against foreign currencies to circulate within the country, the following was decided:

1. Collection of all cash guarantees shall be in dinar currency exclusively Read more…

The Central Bank clarifies the deprivation of Iraqi banks from dealing in dollars

The Central Bank clarifies the deprivation of Iraqi banks from dealing in dollars

07-20-2023

On Thursday, the Central Bank of Iraq issued a statement regarding depriving some Iraqi banks from dealing in dollars, while calling on the government to set up a mechanism to link imports, and to prove the existence of a fundamental financial transfer to prevent the formation of unjustified pressure Read more…

Economic advisor: The banking system is unwilling to adapt to the requirements of “disciplined” work

Economic advisor: The banking system is unwilling to adapt to the requirements of “disciplined” work

7-20-2023

Today, Thursday, the economic advisor, Ziyad Al-Hashemi, considered that the Iraqi banking system is unwilling to adapt to the requirements of disciplined work.

Al-Hashemi said in an interview with “ Al-Jarida ”, that “private banks are working on a strategy of maximizing profits through one main activity related to dollar Read more…

The Central Bank issues clarification regarding US sanctions against 14 Iraqi banks (document and names)

The Central Bank issues clarification regarding US sanctions against 14 Iraqi banks (document and names)

2023-07-20

Today, Thursday, July 20, 2023, the Central Bank of Iraq issued a clarification regarding depriving some Iraqi banks from dealing in dollars, after the sanctions imposed by the US Treasury Department on 14 Iraqi banks.

And the bank stated in a statement, that preventing Iraqi banks from dealing in dollars came against the background of checking bank transfers for the past Read more…

Iraqi Dinar/US Dollar auction results for today 7-18-2023

Iraqi Dinar/US Dollar auction results for today 7-18-2023

The results of the foreign currency sale window, Tuesday, 7/18/2023
Announcement No. (4926 ) Read more…

Iraqi Dinar/US Dollar auction results for today 7-17-2023

Iraqi Dinar/US Dollar auction results for today 7-17-2023

The results of the foreign currency sale window, Monday, 7/17/2023
Announcement No. (4925 ) Read more…

Iraqi Dinar Guru opinions 7-16-2023

Iraqi Dinar Guru opinions 7-16-2023

The results of the foreign currency sale window, Sunday, 7/16/2023
Announcement No. (4924 ) Read more…

Governor of the Central Bank of Iraq visits the Iraqi Trade and Industrial Bank

Governor of the Central Bank of Iraq visits the Iraqi Trade and Industrial Bank

July 16, 2023

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, conducted a field visit to the Trade Bank of Iraq (TBI) and the Industrial Bank.
On the sidelines of the visit, His Excellency met with the advanced staff of the two banks, listening to the most prominent problems and challenges facing the two Read more…

The Central Bank indicates two challenges with more than 130 trillion dinars facing the Iraqi economy

The Central Bank indicates two challenges with more than 130 trillion dinars facing the Iraqi economy

2023-07-15 01:43

Shafaq News/ Deputy Governor of the Central Bank, Ammar Hamad considered, on Saturday, that the financial deficit in the budget and the internal debt, which amount to more than 130 trillion dinars, represent two challenges facing the country’s economy.

Hamad said in a speech Read more…

The Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation (IFC)

The Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation (IFC)

July 14, 2023

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the International Finance Corporation (IFC) of the World Bank Group.
During the meeting, they discussed aspects of bilateral cooperation in the field of the banking sector Read more…

Iraqi Dinar/US Dollar auction results for today 7-13-2023

Iraqi Dinar/US Dollar auction results for today 7-13-2023

The results of the foreign currency sale window, Thursday, 7/13/2023
Announcement No. (4923 ) Read more…

Iraqi Dinar/US Dollar auction results for today 7-12-2023

Iraqi Dinar/US Dollar auction results for today 7-12-2023

The results of the foreign currency sale window, Wednesday, 7/12/2023
Announcement No. (4922 ) Read more…

Iraqi Dinar/US Dollar auction results for today 7-11-2023

Iraqi Dinar/US Dollar auction results for today 7-11-2023

The results of the foreign currency sale window, Tuesday, 7/11/2023
Announcement No. (4921 ) Read more…