Central Bank of Iraq is an Iraq-based bank, which organizes the issue and circulation of the currency of the State of Iraq, regulates the exchange and credit policy, licenses and supervises banks, as ...
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 ...
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Iraq's domestic debt rises as foreign reserves fall in 2024Iraq's central bank announced that domestic debt had increased in 2024 due to a decline in foreign reserves, Shafaq News reported on March 31. The central bank's net foreign reserves for 2024 amounted ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
The Governor of the Central Bank of Iraq disclosed that the government is developing a plan for a full-scale digital transformation.
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 ...
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