Tag Archives | foreign exchange

Dinar Forex Fraud: Court Recovers $23m

By John Lee. The Second Karkh Investigative Court has recovered IQD 30 billion (approximately $23 million) in connection with a financial fraud case. According to a statement issued by the Supreme Judicial Council (SJC), the amount was recovered from a company that violated the law by exploiting exchange rate differences in foreign currency transfers conducted […]

CBI Clarifies No Distinction Between US Dollar Notes

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, […]

US Reaffirms Support for Iraq's Monetary Stability

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 […]

Top 10 Dinar Articles from January

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 […]

Iraqi Dinar "Plummets Against Dollar"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar Plummets Against Dollar as Citizens Rush to Exchange Value of $100 jumps by 8,000 dinars in two days amid rising fear and market uncertainty. Click here to read the full article.

Top 10 Dinar Articles from December

The following were the ten most read dinar-related articles on Iraq Business News for the month of December: CBI on Banking Reform, "Digital Dinar", Dollar Transactions Iraqi Central Bank Reduces Supply of Dinars 10 Things the CBI Said About the Iraqi Dinar in 2025 CBI Training on Detection of Counterfeit Dinars CBI Chief on the […]

Video: Iraq's Economy - Progress or Pressure?

By John Lee. Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) was interviewed this week on the Youtube channel Majlis & Markets, examining the true state of Iraq's economy, including stability since 2019, the Iraqi dinar (IQD), de-dollarisation, banking sector challenges, fintech growth, tokenisation, the Iraq Stock Exchange (ISX) and […]

Top 10 Dinar Articles from November

The following were the ten most read dinar-related articles on Iraq Business News for the month of November: CBI Instructions for Exchanging Dinars CBI to Support Dinar Stability CBI Denies Dinar Revaluation Rumours as Inflation Falls The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed Donald Trump and the "Great Iraqi Dinar Revaluation" Dinar […]

Top 10 Dinar Articles from October

The following were the ten most read dinar-related articles on Iraq Business News for the month of October: Stability of the Iraqi Dinar Exchange Rate: CBI Paper The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed Donald Trump and the "Great Iraqi Dinar Revaluation" Dinar RV: Will Iraqi Election Speed the Process? Iraqi Dinar […]

Iraqi Dinar: Govt Attempts to Preserve Value

By Dr. Ali Abdul Rahim Al-Aboudi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Liquidity crisis and expenditure financing: Does the lack of dinar liquidity pose a serious threat to the Iraqi economy? The national currency […]

CBI signs Agreement on Electronic Payments

By John Lee. Under the patronage and presence of Mr. Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI), the bank signed a cooperation agreement with the National Bank of Kuwait (NBK), Bahrain Branch, at the CBI headquarters in Baghdad. The signing ceremony was attended by Mr. Ali Ferdan, Chief Executive Officer of […]