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 […]
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 […]
By John Lee. Abeer Alshimal Company For General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for "Restoration of four boreholes in Sinjar (Lot 1 - Gohbal village and Hay Al- Moudafeen)." The contract value was stated in Iraqi dinars as IQD 664,481,000 [approximately $500,000]. (Source: UNGM)
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 […]
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 […]
By John Lee. The Central Bank of Iraq (CBI) has presented detailed updates on its banking-sector reform programme, with Governor Ali Mohsen Al-Alaq outlining structural plans aimed at rebuilding a compliant and modern financial system. Al-Alaq said the engagement of Oliver Wyman followed restrictions on dollar transactions imposed on a number of Iraqi banks, noting […]
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 said that its monetary policies have pushed inflation to historically low levels, adding that there is no intention to amend the exchange rate of the Iraqi dinar (IQD). In a statement issued on Monday (24th November), the bank rejected rumours of a possible exchange rate […]
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 […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar RV: What Does Sudani's Victory Mean for Speculators? Following Tuesday's parliamentary election, Iraqi Prime Minister Mohammed Shia Al-Sudani's Reconstruction and Development coalition emerged as the largest bloc in the new assembly. Predictably, […]
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 […]
