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.
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 […]
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 […]
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 […]
By John Lee. The Central Bank of Iraq (CBI) has issued a statement setting out its criteria for trading and replacing banknotes. This unofficial translation is provided in good faith for general information only. While every effort has been made to ensure accuracy, Iraq Business News accepts no responsibility for any errors, omissions, or misinterpretations. […]
By John Lee. The Central Bank of Iraq (CBI) has issued a statement clarifying the objectives and functions of its Investment Department: [See also: CBI Instructions for Exchanging Dinars and CBI Denies Dinar Revaluation Rumours as Inflation Falls] Objectives To mitigate risks associated with the investment of foreign reserves whilst achieving acceptable returns thereon. To […]
