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Iraq’s Severe Crackdown: 5 Banks Prohibited from Dollar Transactions
In a significant move to combat financial crimes, Iraq’s central bank has decided to prohibit five local banks from conducting transactions in U.S. dollars. This action aims to address issues ...
Al Bawaba News26d
Iraq becomes the first Arab country to adopt digital currency as a replacement for cash
The introduction of a central bank digital currency (CBDC) would represent a significant shift in Iraq's payment system, enhancing financial efficiency and supervision, according to Mazhar ...
Al Bawaba News1mon
Central Bank of Iraq fights to achieve monetary stability
According to AZZAMAN newspaper, the Central Bank of Iraq announced that it is planning to fight inflation and to achieve monetary stability in Iraq particularly after the noticeable rise in the ...