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 32 banks and 18 remittance companies took part in its currency auction on Wednesday. A total of $125,966,131 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 18 remittance companies took part in its currency auction on Tuesday. A total of $120,836,770 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Reuters reports that Iraq has raised the interest rate its $1.3-billion local bond issue in order to boost sales. The Central Bank (CBI) increased the rate from 6 percent to 8 percent, with the new rate applying to the whole issue regardless of when they were bought. The sales period will remain […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 18 remittance companies took part in its currency auction on Tuesday. A total of $128,807,180 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Central Bank chief Ali al-Allaq has said a possible deal with the International Monetary Fund (IMF) may unlock $15 billion in aid this year and next. He told an interview in Beirut that he expects Iraq to receive $10 billion in assistance from the IMF and World Bank, with a further $5 […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 17 remittance companies took part in its currency auction on Monday. A total of $126,346,187 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 19 remittance companies took part in its currency auction on Thursday. A total of $144,348,479 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 17 remittance companies took part in its currency auction on Wednesday. A total of $153,253,181 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 12 remittance companies took part in its currency auction on Tuesday. A total of $98,756,000 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. According to a report from Reuters, the Central Bank of Iraq (CBI) has started selling local bonds worth 1.5 trillion Iraqi dinars ($1.29 billion). The first local bonds sale to the public since 2003 is aimed at relieving the government budget deficit caused by falling oil prices and the costs of fighting […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 19 remittance companies took part in its currency auction on Monday. A total of $96,533,333 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 27 banks and 20 remittance companies took part in its currency auction on Sunday. A total of $99,419,070 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
