CBI INFO & IRAQI DINAR NEWS

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…

Al-Dulaimi warns of an American plan to undermine the economy

Al-Dulaimi warns of an American plan to undermine the economy

2-1-2026

Al-Maalomah/Anbar…
Salam Ahmed al-Dulaimi, a leader in the United Anbar Alliance, warned on Sunday of an American plot targeting the Iraqi economy. He indicated that the US is seeking to influence the Central Bank’s operations and manipulate the dollar Read more…

The Central Bank reduces the interest rate on “solar energy” loans to 2.5%

The Central Bank reduces the interest rate on “solar energy” loans to 2.5%

2026-01-29

The Central Bank set the interest rate for the solar energy financing initiative on Thursday, and indicated that it had put in place simplified procedures to encourage citizens to benefit from the initiative. Rafal Jamil, Director of Initiatives at the Central Bank, stated during her participation in the Iraq Development Platform Read more…

Suspicious deposits and a warning letter: The US Treasury opens an investigation into Baghdad Bank.

Suspicious deposits and a warning letter: The US Treasury opens an investigation into Baghdad Bank.

2026-01-27 | 02:59

Alsumaria News–Baghdad
In a highly dangerous development, the issue of financial and banking compliance is being revisited in Iraq At the forefront of international attention, the Eco Iraq Observatory revealed that the Central Bank had received an official email from Department of the Treasury The American inquiry, specifically from the Office of Foreign Assets Control (OFAC), includes a direct question Read more…

During 2025, fines levied by the Central Bank of Iraq exceeded 126 billion dinars.

During 2025, fines levied by the Central Bank of Iraq exceeded 126 billion dinars.

2026-01-27 02:43

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Tuesday the value of fines imposed on banks and non-banking institutions, including exchange companies, confirming that they exceeded 126 billion Iraqi dinars during the year 2025.

According to statistics issued by the Central Bank Read more…

The Central Bank of Iraq’s sales reached approximately $70 billion in less than a year.

The Central Bank of Iraq’s sales reached approximately $70 billion in less than a year.

2026-01-22 00:25

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday that its sales of hard currency amounted to about $70 billion during the first 10 months of 2025.

The bank stated in a statistic seen by Shafaq News Agency that the bank’s sales of hard currency during the first 10 months of last year amounted to Read more…

The banking sector and the new public

The banking sector and the new public

2026/01/20

The past year, 2025, witnessed tireless activity at various levels in the pursuit of achieving the desired banking reform in Iraq.

On the one hand, the outgoing government made strenuous efforts to reform the state-owned banks, which included merging some banks and making the decision to split Al-Rafidain Bank into two banks. These measures were described as Read more…

Central Bank of Iraq: Currency in circulation rises to more than 93 trillion dinars

Central Bank of Iraq: Currency in circulation rises to more than 93 trillion dinars

2026-01-19 02:15

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Monday that the volume of currency in circulation rose to more than 93 trillion dinars during October of 2025.

The bank stated, in statistics Read more…