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 Central Bank of Iraq has launched a survey to gather feedback on public perceptions of its policies and decisions. The bank said the initiative forms part of its commitment to applying international best practices in institutional excellence and to strengthening confidence, stability and service quality. Respondents have been invited to complete a […]
The following were the ten most read dinar-related articles on Iraq Business News for the month of February: Iraqi Dinar Speculation "Misplaced" -- CBI Boss Iraqi Dinar Falls Against Dollar 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Central Bank Advances Iraqi Banking Reform, Eases Foreign Transactions The Iraqi Dinar Revaluation Deception: 10 Persistent […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Caught in the Crossfire: What a Trump-Iran Military Conflict Would Mean for Iraq's Currency The Middle East is once again on the edge. The United States has assembled its largest […]
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Central Bank denies responsibility for dollar exchange rate gap An official from the Central Bank of Iraq (CBI) told Rudaw on Wednesday that the bank is not responsible for the widening gap between […]
By John Lee. The Central Bank of Iraq (CBI) has warned citizens of fraudulent schemes involving counterfeit and non-circulating banknotes designed to defraud victims for financial gain. In a statement, the CBI outlined several common methods currently observed in Iraq: "$1,000,000" banknotes sold as legal tender, despite being commemorative notes with no monetary value. The […]
By John Lee. [Editor's Note: On 26th February, the Central Bank updated the list of banks restricted from dealing in US dollars, apparently to correct an error, without making a new announcement. The list below has been updated accordingly.] The Central Bank of Iraq (CBI) has announced updated lists of banks and companies prohibited from […]
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 […]
