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.

10 Things the CBI Said About the Iraqi Dinar in 2025

10 Things the Central Bank of Iraq (CBI) Said About the Iraqi Dinar (IQD) in 2025 1. February 19: CBI's Dollar Distribution System Among World's Most Monitored Following meetings with the US Treasury and Federal Reserve in Dubai, the CBI reported recognition of Iraq's US dollar distribution system as one of the most monitored and […]

Bank Credit Grows 1.88% in Q3 2025

By John Lee. The Central Bank of Iraq (CBI) reported that total bank credit extended by operating banks increased by 1.88 percent in the third quarter of 2025, reaching 73,942 billion Iraqi dinars (approximately $56.5 billion). This was up from 72,578 billion Iraqi dinars (approximately $55.5 billion) in the same period of 2024. (Source: Central […]

Retail E-Payments via Local Cards Rise in Q3 2025

By John Lee. The Central Bank of Iraq (CBI) reported that retail electronic payments using local cards increased in the third quarter of 2025 to 2,984,232 million Iraqi dinars (approximately $2.28 billion), up from 2,111,296 million Iraqi dinars (approximately $1.61 billion) in the same period of 2024. The bank noted that this growth supports financial […]

CBI Issues Transport Tender for Mosul Branch Staff

By John Lee. The Central Bank of Iraq (CBI) has announced public tender No. 2025/4 for the provision of transport services for staff of its Mosul branch. The contract covers the operation of 18 vehicles on internal and external transport routes, both within and outside the governorate, in line with the bank's standard non-consultancy services […]

Iraq's Inflation Rate Drops Sharply

By John Lee. The Central Bank of Iraq (CBI) reported that Iraq's inflation rate fell to -0.8 percent in the third quarter of 2025, down from 3.5 percent in the same period of 2024. The bank noted that this decline reflects a reduction in overall price levels and an improvement in purchasing power for individuals […]

Iraqi Central Bank Reduces Supply of Dinars

By John Lee. The Central Bank of Iraq (CBI) reported a 5.5 percent decline in currency issued during the third quarter of 2025, falling to 99,681 billion Iraqi dinars (approximately $76.1 billion) from 104,127 billion Iraqi dinars (approximately $79.5 billion) in the same period of 2024. The bank said that a reduction in currency in […]

Major Increase in Iraqi Gold Reserves

By John Lee. The Central Bank of Iraq (CBI) reported that the value of its gold reserves increased in the third quarter of 2025, rising to 27,552 billion Iraqi dinars (approximately $21.0 billion), up from 16,817 billion Iraqi dinars (approximately $12.8 billion) in the same quarter of 2024. This represents an increase of 64 percent. […]

CBI: Iraq to Develop Regulatory Framework for Virtual Assets

By John Lee. Iraq has taken initial steps towards establishing a comprehensive regulatory framework for virtual and digital assets, aligned with international best practices. The first meeting of the National High Committee for the Regulation of Virtual Assets was held in Baghdad at the Central Bank of Iraq (CBI), bringing together senior representatives from regulatory, […]

CBI Chief on the Future of Financial Markets in Iraq

By John Lee. Iraq's financial authorities have stressed that developing domestic financial markets is a strategic priority to support economic resilience, investment and long-term growth. At a conference in Baghdad on the future of Iraq's financial markets, Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI) said rapid global financial and technological shifts […]

CBI Training on Detection of Counterfeit Dinars

By John Lee. The Banking Studies Centre at the Central Bank of Iraq (CBI) has organised a specialised training course on methods for detecting counterfeit local and foreign currency and comparing it with genuine notes. The course brought together staff from state-owned and private banks, as well as other financial institutions. It combines practical and […]

"Iraq First" National Security Strategy 2025-30

By John Lee. The Central Bank of Iraq (CBI) has made the "Iraq First" National Security Strategy 2025-30 available to the public. The document was officially launched on 4th August. Click here to download the full report [Arabic]. To browse our comprehensive library of reports on Iraq, click here. (Source: CBI)