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. Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Alaq, has outlined the Bank's progress in developing a secure and integrated electronic payment system, in line with international standards and best practices. Speaking at the Comprehensive Transformation to Electronic Payment Conference in Baghdad, he said the systems have improved the efficiency and reliability […]
By John Lee. The Central Bank of Iraq (CBI) has published its new guide to environmental, social and corporate governance (ESG) standards. Click here to download the full report [Arabic]. To browse our comprehensive library of reports on Iraq, click here. (Source: CBI)
The following were the ten most read dinar-related articles on Iraq Business News for the month of July: IMF Comments on Iraqi Dinar Exchange Rate Donald Trump and the "Great Iraqi Dinar Revaluation" IMF Explains Iraq's Exchange Rate Arrangement Counterfeit Iraqi Dinars: Central Bank Hosts Workshop Iraqi Dinar Prospects: Reality Check After Six Months of […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar Prospects: Reality Check After Six Months of Trump Six months into Donald Trump's return to the presidency, the Iraqi dinar finds itself at a crossroads between economic fundamentals and persistent speculation. […]
By John Lee. Erbil-based Region Trade Bank (RTB) has launched a new low-interest loan programme aimed at supporting the installation of solar panels for residential and commercial customers across Iraq. The initiative aligns with the Iraqi government's national decarbonisation strategy and is funded through the Central Bank of Iraq (CBI). The loan scheme offers financing between […]
By John Lee. The Central Bank of Iraq (CBI) has re-issued General Tender No. (2025/1) for the second time, inviting bids for the supply, installation, and operation of 68 currency counting and sorting machines for its branches in Basra (35 machines) and Mosul (33 machines). The tender covers both Iraqi and foreign currencies (USD and […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump's Policies and Cryptocurrency: Will Bitcoin's Success Translate to the Iraqi Dinar? The relationship between political leadership and financial markets has rarely been as pronounced as it is today with cryptocurrency. Since Donald […]
By John Lee. In a follow-up to last week's report on the state of the Iraqi economy, the International Monetary Fund (IMF) has issued a more comprehensive 64-page report on its findings. The full document package includes: A Press Release. The Staff Report prepared by a staff team of the IMF for the Executive Board's […]
By John Lee. The International Monetary Fund (IMF) has issued a brief explainer on Iraq's exchange rate arrangement. As part of a follow-up to last week's report on the state of the Iraqi economy, the IMF clarified as follows: "Exchange Rate Arrangement "Iraq's de jure and de facto exchange rate arrangements are classified as a […]
By John Lee. In a follow-up to last week's report on the state of the Iraqi economy, the International Monetary Fund (IMF) has issued a new 19-page report titled: "Unlocking Iraq's economic potential: The role of structural reforms in boosting medium-term non-oil growth." Click here to download the full report. To browse our comprehensive library […]
By John Lee. The International Monetary Fund (IMF) has said that Iraq's economy is facing considerable headwinds, with non-oil sector growth slowing from 13.8 percent in 2023 to an estimated 2.5 percent in 2024, impacted by reduced public investment, a weaker trade balance, and financing constraints that led to the accumulation of arrears. Real GDP […]
By John Lee. The Executive Board of the International Monetary Fund (IMF) issued a statement on Wednesday (9th July) following the conclusion of its Article IV consultation with Iraq. It projects an average exchange rate (dinar per US$) in each of 2025 and 2026 of 1300, the same as for 2024, adding: "The CBI [Central […]
