Statement issued by the Central Bank of Iraq
Statement issued by the Central Bank of Iraq
August 26, 2026
The Central Bank of Iraq has been monitoring media reports and statements regarding the printing of new Iraqi currency with zeros removed, purportedly for circulation. In this regard, we affirm that these reports are not based on any official source, and we deny that the bank has printed any new Iraqi currency with zeros removed.
Furthermore, any future project related to restructuring currency denominations or removing zeros, should an official decision be made, will be subject to multiple legal, regulatory, and technical stages. Such a project will be announced, if approved, through the bank’s official channels and various media outlets, along with a suitable transition period that allows citizens, banks, and institutions to exchange the currency safely and systematically, ensuring the full preservation of everyone’s financial rights and obligations.
The Central Bank of Iraq urges citizens and media outlets to rely exclusively on its official statements and channels for information related to monetary policy and to refrain from relying on unverified news, figures, or information, as its dissemination may cause confusion or harm to citizens’ financial interests.
Central Bank of Iraq –
Media Office
cbi.iq
