Tag Archives | Dinar Revaluation News

Latest Iraqi Dinar Revaluation News from Iraq Business News – including Foreign Exchange and Investment.

Currency Auction Results, 19th Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 24 banks took part in its currency auction on Thursday. A total of $85,993,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 18th Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 24 banks took part in its currency auction on Wednesday. A total of $78,426,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraq Trebles Size of Gold Reserves

By John Lee. A report released this morning by the World Gold Council says that Iraq's Central Bank bought 48 tonnes of gold during 2014, trebling the size of its gold reserves over the year. Fortification and diversification of reserves, namely away from the US dollar, continues to be the driving force behind this activity, […]

Currency Auction Results, 10th Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 19 banks took part in its currency auction on Wednesday. A total of $93,035,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 4th Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks took part in its currency auction on Tuesday. A total of $69,611,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 3rd Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks took part in its currency auction on Monday. A total of $64,505,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 2nd Feb

By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks took part in its currency auction on Monday. A total of $91,724,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

World Bank Questions Iraq Currency Peg

By John Lee. A report published on Thursday by the World Bank focuses on the implications of low oil prices for eight developing countries -- Egypt, Tunisia, Lebanon, Jordan, Iran, Iraq, Yemen and Libya -- and the economies of the GCC (Gulf Cooperation Council). The Plunging Oil Prices report questions the practice of pegging the […]