By John Lee. The Central Bank of Iraq (CBI) has announced a series of measures to address issues affecting Iraqi banks restricted from dealing in US dollars. In remarks reported by the state-run Iraqi News Agency (INA), Ahmed Dawood Salman, Director of Transfers at the CBI, said the bank is working with international audit firms, […]
By John Lee. In his latest monthly investment report for Iraq Business News, Ahmed Tabaqchali shows that the gap between the parallel and official exchange rates for the Iraqi dinar (IQD) had already been rising before the U.S.-Israel war on Iran started, due to domestic customs policy changes making it harder for informal importers to […]
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 […]
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. [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 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 […]
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 […]
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 Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "Equity Market Discounts Regional Tensions" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was down 0.9% for the month, on […]
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 […]
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 […]
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.
