Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
The following were the ten most read dinar-related articles on Iraq Business News for the month of February: Iraqi Dinar Speculation "Misplaced" -- CBI Boss Iraqi Dinar Falls Against Dollar 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Central Bank Advances Iraqi Banking Reform, Eases Foreign Transactions The Iraqi Dinar Revaluation Deception: 10 Persistent […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Caught in the Crossfire: What a Trump-Iran Military Conflict Would Mean for Iraq's Currency The Middle East is once again on the edge. The United States has assembled its largest […]
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Central Bank denies responsibility for dollar exchange rate gap An official from the Central Bank of Iraq (CBI) told Rudaw on Wednesday that the bank is not responsible for the widening gap between […]
By John Lee. MoneyHash has announced a partnership with Wayl to support international and regional businesses expanding into Iraq's payments and e-commerce market. Under the agreement, MoneyHash will extend its payment orchestration services into Iraq by integrating Wayl's local payment infrastructure, enabling merchants to navigate domestic payment requirements and operational frameworks. Through the partnership, merchants […]
By John Lee. The Central Bank of Iraq (CBI) has warned citizens of fraudulent schemes involving counterfeit and non-circulating banknotes designed to defraud victims for financial gain. In a statement, the CBI outlined several common methods currently observed in Iraq: "$1,000,000" banknotes sold as legal tender, despite being commemorative notes with no monetary value. The […]
By John Lee. [Editor's Note: On 26th February, the Central Bank updated the list of banks restricted from dealing in US dollars, apparently to correct an error, without making a new announcement. The list below has been updated accordingly.] The Central Bank of Iraq (CBI) has announced updated lists of banks and companies prohibited from […]
By John Lee. The Iraqi Private Banks League (IPBL) has renewed its joint cooperation agreement with the Frankfurt School of Finance & Management, in a strategic step aimed at strengthening professional integration between the Iraqi and German banking sectors and supporting institutional development in line with international best practices. The agreement was signed on behalf […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani chaired a special meeting on the Sovereign Guarantees Initiative, attended by the Minister of Finance, the Director General of Public Debt at the Ministry, the Head of the Sovereign Guarantees Committee, the President of the Trade Bank of Iraq (TBI), and a number of advisers. The meeting […]
By John Lee. The Arab Energy Fund has led and closed a $346 million reserve-based lending (RBL) facility for Kuwait Energy Basra Limited (KEBL), operator of Block 9 (Faihaa Field) in Basra and a wholly owned subsidiary of China's United Energy Group Limited (UEG). The financing will support the next phase of expansion and development […]
By John Lee. The Second Karkh Investigative Court has recovered IQD 30 billion (approximately $23 million) in connection with a financial fraud case. According to a statement issued by the Supreme Judicial Council (SJC), the amount was recovered from a company that violated the law by exploiting exchange rate differences in foreign currency transfers conducted […]
By John Lee. The Central Bank of Iraq (CBI) has issued guidance to licensed banks and non-bank financial institutions clarifying that no distinction should be made between old and new US dollar banknote series in exchange transactions. The Bank stressed the need to limit practices involving differential exchange rates between various US dollar print editions, […]
