Iraq Business News brings you the latest news from the Central Bank of Iraq (CBI). Subscribe for regular CBI Iraq updates, including Iraqi Dinar Revaluation and Investment news.
By John Lee. Iraq's Ministry of Electricity has held talks with the Japan International Cooperation Agency (JICA) on plans to implement solar energy projects and expand clean energy use among households. According to the Ministry of Electricity, the meeting was chaired by Hussein Mohammed Badr, Director General of the Planning and Studies Department, and attended […]
By John Lee. Robert Pether, the Irish-resident Australian businessman detained in Iraq for more than five years, has been released and has returned to Ireland. Speaking at Dublin Airport, Pether said: "There will be time to talk about what happened. Why it happened. Who was responsible. And why nobody should ever be allowed to do […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar Devaluation Fuels Showdown over Iraq's 2027 Budget A sharp devaluation of the Iraqi dinar has set off an intense and public fight over state finances... Lawmakers are now pressing Prime Minister Ali […]
By John Lee. The Central Bank of Iraq (CBI) has confirmed the approximately 15-percent devaluation of the Iraqi dinar, which we reported on Wednesday. In an official statement, it said that the new rate is intended to support domestic industry, improve the competitiveness of Iraqi goods against imports, attract investment to non-oil productive sectors, and create […]
By John Lee. Iraq has announced a package of economic stimulus measures totalling around IQD 3.5 trillion ($2.7bn), covering housing finance, industrial lending, contractor payments, agricultural dues, and an expanded generations fund. The measures were agreed at a meeting chaired by Prime Minister Ali al-Zaidi and attended by the Minister of Finance, the Governor of […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]
By John Lee. Nizar Nasser Hussein, Governor of the Central Bank of Iraq (CBI), has reportedly been elected Deputy Chair of the Council of Governors of Arab Central Banks and Monetary Institutions. According to the state-run Iraqi News Agency (INA), the position is described as the second-highest in the Arab world in the fields of […]
The following were the ten most read dinar-related articles on Iraq Business News for the month of September: Illegal Currency Network Dismantled as Dinar Weakens Iraq "Considers New Banknote Series" You Bought Iraqi Dinars. Now What? 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Will the Iraqi Dinar Revalue on Sovereignty Day? The Iraqi […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tomorrow, September 30th, 2026, the last United States troops will have officially left Iraq, ending a military presence that began with the 2003 invasion. It is a genuine historical milestone. Iraqi Prime Minister […]
By John Lee. An unlicensed currency exchange and money transfer network has been dismantled in Baghdad, with five suspects arrested and $240,000 seized. According to Iraq's Ministry of Interior, the operation was carried out by units of the Federal Intelligence and Investigations Agency (FIIA). The suspects were operating in several districts on the Rusafa side […]
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […]
By John Lee. The Central Bank of Iraq (CBI) has stated that its foreign reserves are sufficient to meet all demand for foreign currency, including trade financing, bank card settlements, and travellers' cash requests at the official exchange rate. According to the CBI, the recent rise in the exchange rate on local markets is attributable […]
