Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks took part in its currency auction on Monday. A total of $237,698,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Secretary General of the Council of Ministers, Ali Mohsin Ismail (pictured), has been appointed Governor o the Central Bank of Iraq (CBI), replacing Dr Abdulbasit Turki [Abdul Basit Turki Saeed]. His position as GSCOM is to be filled by Dr. Hamed khalaf Ahmad. Mr Ismail said he was leaving his former […]
By John Lee. A bank account belonging to Zalmay Khalilzad, the former U.S. envoy to Iraq, and another belonging to his wife, Cheryl Benard, have been unfrozen by the high court in Vienna, Austria. According to a report from Bloomberg, the the accounts were unfrozen on 3rd September, a week before reports that the U.S. […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks took part in its currency auction on Thursday. A total of $195,372,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 15 banks took part in its currency auction on Wednesday. A total of $181,154,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 19 banks took part in its currency auction on Monday. A total of $265,331,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Iraqi Embassy's commercial attache in Tehran, Shaker Rawaq al-Da'ami, has said that Baghdad and Tehran plan to establish a joint bank to ease monetary transactions between the countries. The two sides agreed to sign a Memorandum of Understating (MoU) in order to facilitate financial exchanges. Al-Da'ami also said trade and economic […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Paying For The Caliphate: When Extremists Become Bad Bank Managers In Mosul Up until now, locals in Mosul, the northern city under the control of Sunni Muslim extremists, have not […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 13 banks took part in its currency auction onThursday. A total of $166,109,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Wednesday. A total of $197,197,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 15 banks took part in its currency auction on Tuesday. A total of $180,206,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Monday. A total of $187,306,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
