Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By John Lee. The Governor of the Central Bank of Iraq (CBI) has explicitly dismissed any plan to adjust the official dinar foreign exchange rate. According to a report from Iraqi News, Ali Mohsen Al-Alaq confirmed that the current monetary policy remains committed to maintaining the official rate of 130,000 IQD per 100 USD. The Governor […]
By John Lee. Iraq's new Prime Minister, Ali Faleh al-Zaidi, chaired the first regular session of the Council of Ministers on Saturday, issuing a series of directives to ministers that outline the government's policy priorities. According to the Prime Minister's media office, the session included ministerial briefings on the current state of their respective ministries […]
By John Lee. The Central Bank of Iraq (CBI) has held an expanded meeting in Baghdad with the managing directors of licensed electronic payment service providers operating in Iraq. The meeting was chaired by CBI Governor Ali Mohsen Al-Alaq. According to the Central Bank of Iraq, discussions covered: Technical, administrative, and regulatory challenges facing electronic […]
By John Lee. Iraq's Financial Stability Council has held its inaugural meeting, chaired by Prime Minister Ali Faleh al-Zaidi, with the Finance Minister and the Governor of the Central Bank of Iraq (CBI) in attendance. Al-Zaidi stressed the importance of achieving financial stability for its developmental and economic benefits, and called for close coordination between […]
By John Lee. The Central Bank of Iraq (CBI) has confirmed that implementation of its banking sector reform programme is continuing, with Iraqi banks working to complete the requirements of the second phase, which focuses on raising compliance and governance standards, improving transparency, and enhancing institutional performance. It said the programme aims to support financial […]
By John Lee. According to a Ministry of Finance report, Iraq's total internal debt stood at IQD 96.629 trillion ($73.8 billion) as of the end of April 2026, while external debt has been reduced to $10.076 billion. Official data released by the ministry on Friday (8th May) show that domestic borrowing between 2023 and April […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Interior Ministry Bans Cryptocurrency Trading, Warns of Legal Action The Kurdistan Region's Ministry of Interior of the issued a directive on Sunday prohibiting citizens and commercial entities from engaging in digital currency transactions […]
The following were the ten most read dinar-related articles on Iraq Business News for the month of April: "Deleting the Zeros": What Iraq Actually Said, and What It Means for Your Investment You Bought Iraqi Dinars. Now What? What a New Iraqi PM means for Your Dinars Donald Trump and the "Great Iraqi Dinar Revaluation" […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has a New Prime Minister. Here's What It Means for Your Dinars (Spoiler: Not What the Forums Are Saying) After five months of political deadlock, Iraq finally has a prime minister-designate. Ali […]
By John Lee. A meeting took place at the Iraqi Embassy in London on 23rd April 2026 to explore prospects for joint cooperation in economic and commercial fields. The Iraqi side was represented by Counsellor Amer Abdulhussein Al-Fatlawi and Counsellor Atheer Abood Al-Saedy. The British side included Raoul Hodgson from the Iraq Department at the […]
By Hayder Aziz. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cylinder Seal: A Sovereign Digital Currency Engine for Iraq's Non-Oil Economy Abstract Iraq's economy faces a deeply interconnected set of problems: a vast informal workforce invisible to the financial system, a crushing 14:1 […]
By John Lee. The Central Bank of Iraq (CBI) has confirmed that all requests for US dollars from banks and exchange companies have been fully met, covering pilgrims, travellers, and external transfers. The bank stated that authorised exchange companies permitted to sell dollars to travellers and pilgrims are listed on its official website, ensuring regulated […]
