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. The Iraqi Private Banks League (IPBL) has renewed its joint cooperation agreement with the Frankfurt School of Finance & Management, in a strategic step aimed at strengthening professional integration between the Iraqi and German banking sectors and supporting institutional development in line with international best practices. The agreement was signed on behalf […]
By John Lee. The Central Bank of Iraq (CBI) has issued guidance to licensed banks and non-bank financial institutions clarifying that no distinction should be made between old and new US dollar banknote series in exchange transactions. The Bank stressed the need to limit practices involving differential exchange rates between various US dollar print editions, […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's central bank rules out exchange rate change, backs customs reform Iraq's Central Bank Governor Ali al-Alaq said there are no plans to change the dinar's exchange rate, stressing that the bank's foreign reserves […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beleaguered by low oil prices, Iraq moves to curtail customs evasion A new scheme aimed at combating customs evasion has triggered nationwide protests and strikes in Iraq. Traders say the new regulations have […]
By John Lee. Iraq's General Customs Authority has approved new mechanisms for calculating the customs value of imported goods. The mechanisms will be applied across all customs centres and include the following measures: Adoption of the customs value stated in duly declared commercial invoices submitted under the advance declaration system, supported by bank transfers, at […]
By John Lee. The Kurdistan Regional Government (KRG) has launched the e-Psule platform, a unified digital system for issuing government payment receipts, as part of efforts to modernise public financial services and reduce reliance on cash-based and paper processes. The platform has been officially approved by the Central Bank of Iraq (CBI) and is designed […]
By John Lee. Recent media reports have flagged up the growing gap between the official dinar exchange rate and its value in the informal market - see here and here. In his latest monthly investment report for Iraq Business News, Ahmed Tabaqchali attributes the fall in the dinar to the behaviour of certain importers following […]
By John Lee. Discussions were held on supporting monetary and economic stability and strengthening strategic cooperation between Iraq and the United States. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Ismail Al-Alaq, met the Chargé d'Affaires of the United States Embassy in Iraq, Joshua Harris, on Thursday, to review prospects for enhancing […]
By John Lee. The Central Bank of Iraq (CBI) has so far issued loans worth IQD 6 billion (approximately USD 4.6 million) to support the purchase of solar energy systems, while expecting demand to increase during 2026. Speaking to the state-run Iraqi News Agency (INA), Rafel Hussein, Director of Initiatives at the CBI, said the […]
The following were the ten most read dinar-related articles on Iraq Business News for the month of January: 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Iraqi Dinar "Plummets Against Dollar" One Year of Trump: Iraqi Dinar Speculators Still Waiting Donald Trump and the "Great Iraqi Dinar Revaluation" The Iraqi Dinar Revaluation Deception: 10 […]
By John Lee. The Central Bank of Iraq (CBI) has reportedly set the interest rate for its solar energy financing initiative at no more than 2.5%, as part of efforts to encourage citizens and companies to invest in renewable energy. State-run Iraqi News Agency (INA) quotes Rafal Jameel, Director of Initiatives at the Central Bank, […]
By John Lee. State-owned Rafidain Bank has announced the launch of the 50th tranche of its Riyada wa Tamayuz (Entrepreneurship and Excellence) initiative to support small and medium-sized enterprises. The tranche totals IQD 1 billion (approximately USD 0.77 million) and will benefit 82 recipients. According to a statement from the bank's media office, the funding is […]
