Tag Archives | Central Bank of Iraq (CBI)

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.

Banks Refuse to Ante Up amid Liquidity Shortage

By Amina al-Dahabi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s private banking sector is having trouble meeting customers’ demands because of liquidity issues, leading to unrest and worry. Some banks are limiting withdrawals to a specific percentage of deposited funds, while others have stopped […]

Currency Auction Results, 15th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 8 remittance companies took part in its currency auction on Wednesday. A total of $364,691,686 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 14th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks and 3 remittance companies took part in its currency auction on Tuesday. A total of $248,160,085 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 12th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks and 2 remittance companies took part in its currency auction on Thursday. A total of $76,875,000 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 9th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 24 banks and 5 remittance companies took part in its currency auction on Thursday. A total of $242,666,428 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 8th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 8 remittance companies took part in its currency auction on Wednesday. A total of $289,496,419 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 7th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 21 banks and 7 remittance companies took part in its currency auction on Tuesday. A total of $225,115,111 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 6th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks and 4 remittance companies took part in its currency auction on Monday. A total of $94,455,000 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 2nd July

By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 6 remittance companies took part in its currency auction on Thursday. A total of $260,621,299 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 1st July

By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 7 remittance companies took part in its currency auction on Wednesday. A total of $246,413,346 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Possible Pressure to Devalue the Dinar

By John Lee. The Acting Governor of the Central Bank of Iraq (CBI), Ali Al-Allaq, has told TR Zawya that foreign reserves currently stand at $68 billion, while the dinar monetary supply is IQD 40 trillion. "At the daily auction of the central bank, we sell about USD 150 million," he said, "which is more than the USD […]

Currency Auction Results, 30th June

By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 6 remittance companies took part in its currency auction on Tuesday. A total of $245,738,928 sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)