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 ...

A comprehensive banking reform initiative was adopted on Tuesday by the Iraqi government and the Central Bank of Iraq (CBI).

What does it mean to “invest” in the Iraqi dinar? In simple terms, it’s the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the respective amount ...

According to information from the Central Bank of Iraq, since 2016 IQD 13 trillion (equivalent to USD 9.9 billion) have been ...

Iraq, fighting a booming currency black market, has considerably increased overseas dollar transactions through the official global SWIFT system, the Central Bank vice governor said on Monday.

The exchange rate for the US dollar compared to the Iraqi dinar declined on Tuesday in the Iraqi capital, Baghdad, and Erbil.

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 ...

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 ...

Instead, the U.S. and the Central Bank of Iraq began using a different type of Swift message normally used for moving funds between banks. Since bank-to-bank transfers are considered far less ...

Starting in 2025, the Iraqi Central Bank (CBI) plans to end its online platform for dollar auctions, transferring the responsibility for dollar supply and foreign remittances directly to ...

In light of the difficulty of implementing additional fiscal consolidation in 2016–17, fiscal and current account deficits are expected to be financed by an increase in indirect monetary financing by ...

(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – The Governor of the Central bank of Iraq , Ali Mohsen Al-Alaq, said on Tuesday (28) the institution will launch a financing program for the ...