The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

2025-08-21 02:25

The Central Bank indicates a decline in the rates of exported currency and inflation in IraqShafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday a decline in the country’s currency exports and inflation for the second half of 2025.

The bank said in a report seen by Shafaq News Agency that “the currency issued by the bank recorded a 3.8% decline in the average rate in the second half of 2025, reaching 98.4 trillion dinars, compared to its value of 102.3 trillion dinars in the second quarter of 2024.”

He added, “The decline in the issued currency has contributed to a decline in the inflation rate, which maintains the stability of the general price level.”

The bank’s report also indicated that “the inflation rate decreased by 76% in the second half of 2025, reaching 0.8%, compared to the second quarter of 2024, which reached 3.3%.”

He stressed that “the decline in the inflation rate indicates a decline in the general price level and leads to an improvement in the purchasing power of individuals and institutions.”

Issued currency is defined as: the currency issued by the Central Bank of Iraq into circulation (i.e., printed), excluding the currency in the vaults of the Central Bank.

shafaq.com