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 17 banks took part in its currency auction on Tuesday. A total of $217,007,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
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. New Iraqi Govt Doomed To Spend All Year Fixing Problems Caused By Previous Regime During his last days in power, Iraq's former Prime Minister Nouri al-Maliki (pictured) made senior appointments […]
By John Lee. Maysan [Missan] police have reportedly arrested a gang producing counterfeit Iraqi dinars in the city of Amara. According to a report from NINA, the gang of three people was found in possession of fake dinars, and the case will be presented to the judiciary. (Source: NINA) (Dinar image via Shutterstock)
By Dr Natalie Schoon, Islamic finance expert. This article was original published by Nina Magazine, (www.nina-iraq.com) and is republished here with their permission. It is un-Islamic for Muslim women to laugh out loud in public. At least, this is what was stated by a senior Turkish cabinet member early summer 2014. Unfortunately, he is not alone […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Thursday. A total of $189,741,000 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 $218,422,000 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 Tuesday. A total of $236,497,000 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 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)
