The Central Bank decides to adopt a new exchange rate for the dollar and sets its sale price to the public at 1520 dinars.
The Central Bank decides to adopt a new exchange rate for the dollar and sets its sale price to the public at 1520 dinars.
10-7-2026
The Central Bank decided today, Wednesday, to adopt a new exchange rate for the dollar, setting its selling price at 1520 dinars. According to a document issued by the Central Bank, “In reference to the Cabinet’s decision taken in its twenty-second session on October 6, 2026, which includes amending the exchange rates of the Iraqi dinar against the US dollar in a way that meets the relevant financial, economic and monetary requirements.”
He added, “Based on the provisions of the Central Bank of Iraq Law No. 56 of 2004, as amended, it was decided to adopt the following exchange rates:
1. The purchase price of the US dollar from the Ministry of Finance: (1500) dinars per dollar.
2. The selling price of the US dollar to banks: (1510) dinars per dollar.
3. The selling price of the US dollar to the public: (1520) dinars per dollar.
The bank called on all institutions to “adopt the above prices in their transactions and take the necessary steps to update banking and financial systems and related service delivery channels, and to inform the relevant branches and units to operate accordingly. The previous price must be discontinued, and the new price must be adopted as of the start of the work day.”
burathanews.com
