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A service for banking industry professionals · Wednesday, January 15, 2025 · 777,109,068 Articles · 3+ Million Readers
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Central Bank of Iraq News Monitoring

  • Published on Jan 11, 2025

    Central Bank of Iraq sells over $1.16 billion in foreign

    Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) reported total foreign currency sales exceeding $1.16 billion during its auctions over four days last week. The average daily sales reached $291.11 million, reflecting a slight decrease compared to …

    Source: Iraqi News - Uncategorized
  • Published on Jan 14, 2025

    Kurdistan challenges Baghdad on salary delays and unequal revenue policies

    2025-01-14T12:00:58+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Kurdistan Region’s Ministry of Finance and Economy has criticized the Federal Finance Ministry for failing to adhere to Federal Court rulings on salary disbursements for the …

    Source: Shafaq News - Uncategorized
  • Published on Jan 14, 2025

    Iraq to create New State-Owned Bank

    By John Lee. The Iraqi Cabinet has approved significant banking reforms, including the establishment of a new, innovative financial institution named Rafidain First Bank. The new bank aims to lead regional financial markets and provide advanced digital …

    Source: Iraq Business News - Neutral
  • Published on Jan 13, 2025

    Master engraver Alan Dow's archive collection sold at Toovey's

    Watch more of our videos on ShotsTV.com  and on Freeview 262 or Freely 565 Visit Shots! now The second part of the Alan Dow archive collection has just been sold in Toovey’s first specialist auction of Coins, Banknotes and Medallions of 2025. The …

    Source: Sussex World - Neutral
  • Published on Jan 2, 2025

    Iraqi Central Bank Streamlines International Transfers

    By John Lee. The Central Bank of Iraq (CBI) has announced the successful transition of external transfers from an electronic platform to direct operations by Iraqi banks through their international correspondent banks. According to a CBI statement, this …

    Source: Iraq Business News - Neutral
  • Published on Jan 1, 2025

    Iraqi Central Bank completes transition to International Standard Banking Practice

    2025-01-01T10:53:37+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Wednesday, the Central Bank of Iraq (CBI) announced the successful completion of its program transitioning foreign transfers from its electronic platform to being handled …

    Source: Shafaq News - Uncategorized
  • Published on Jan 1, 2025

    Iraqi Central Bank sells +$60B in foreign currency auctions in 2024

    2025-01-01T10:01:17+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Central Bank of Iraq's (CBI) sales of US dollars in its foreign currency auctions exceeded $60 billion in 2024, a significant increase compared to the previous year. …

    Source: Shafaq News - Uncategorized
  • Published on Jan 12, 2025

    CBI levies +$212M in fines on banks, exchange firms

    2025-01-12T09:37:27+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Central Bank of Iraq (CBI) announced, on Sunday, that it imposed more than 279 billion IQD (about $212 million) in fines on banks and non-banking institutions, such as exchange …

    Source: Shafaq News - Uncategorized
  • Published on Dec 19, 2024

    Iraq's Central Bank Expands Foreign Transfer Options

    By John Lee. The Central Bank of Iraq (CBI) announced an expansion of foreign currency transfer options for local banks, adding the Jordanian Dinar and Saudi Riyal to the list. Iraqi banks are now also permitted to fund trade with Turkey in Euros, …

    Source: Iraq Business News - Neutral
  • Published on Jan 9, 2025

    US dollar exchange rate continues to decline in Iraq

    Baghdad (IraqiNews.com) – The exchange rate for the US dollar compared to the Iraqi dinar declined on Thursday in the Iraqi capital, Baghdad, and the capital of the Kurdistan region of Iraq, Erbil. The US dollar exchange rate dropped in Baghdad’s Al-Kifah …

    Source: Iraqi News - Uncategorized
  • Published on Dec 1, 2024

    Iraq's Central Bank halts financial transfers for TikTok agents

    2024-12-01T12:07:11+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Sunday, the Central Bank of Iraq (CBI) issued a directive suspending financial transfers for TikTok agents operating in the country. According to a CBI document, following a …

    Source: Shafaq News - Uncategorized
  • Published on Jan 8, 2025

    Exclusive: Dollar fluctuations in Iraq not a market shift, Expert explains

    2025-01-08T13:22:20+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The exchange rate of the US dollar against the Iraqi dinar has not decreased, and speculators are behind the current fluctuations, a financial expert confirmed on Wednesday. …

    Source: Shafaq News - Uncategorized
  • Published on Jan 7, 2025

    Iraq Approves New Foreign Remittance Service

    By John Lee. Turkiye's Global Odeme Hizmetleri (Get Money Global) has been approved to provide foreign remittance services in Iraq within a credit agreement involving Western Union and MoneyGram. The announcement was made by the Central Bank of Iraq ( …

    Source: Iraq Business News - Neutral
  • Published on Nov 11, 2024

    Iraq's Central Bank reports 7.3% increase in private banks' capital

    2024-11-11T10:45:56+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Central Bank of Iraq (CBI) announced, on Monday, that private banks' total capital rose by 7.3% during the first quarter of 2024, reaching 19.2 trillion Iraqi dinars, …

    Source: Shafaq News - Uncategorized
  • Published on Oct 17, 2024

    Central Bank of Iraq’s external remittances surge

    Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) plays a crucial role in managing remittances and foreign currency transactions within the country. The remittance environment has seen notable advances and changes in recent times, which may be …

    Source: Iraqi News - Uncategorized
  • Published on Jan 5, 2025

    Iraqi Planning Ministry reports inflation dip amid annual rise, signals economic stability

    2025-01-05T10:05:51+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Iraqi Ministry of Planning announced on Sunday a decline in the monthly inflation rate for November 2024, alongside a year-over-year increase in the annual rate, signaling that …

    Source: Shafaq News - Uncategorized
  • Published on Sep 23, 2024

    Central Bank of Iraq and IFC collaborate to enhance Iraq’s Sustainable Financing

    Baghdad (IraqiNews.com) – A partnership agreement was signed by the Central Bank of Iraq (CBI) and the International Finance Corporation (IFC), a World Bank Group member, to create regulations for social and environmental risk management in the banking …

    Source: Iraqi News - Uncategorized
  • Published on Jan 2, 2025

    US dollar exchange rate rises in Baghdad, declines in Erbil

    Baghdad (IraqiNews.com) – The exchange rate for the US dollar compared to the Iraqi dinar rose on Thursday in Baghdad and declined in the capital of the Kurdistan region of Iraq, Erbil. The US dollar exchange rate rose in Baghdad’s Al-Kifah and Al- …

    Source: Iraqi News - Uncategorized
  • Published on Sep 10, 2024

    Dutch Court Grants Enforcement of Award against Central Bank of Iraq

    By John Lee. A court in the Netherlands has recognized and granted the enforcement of an arbitration award against the Central Bank of Iraq (CBI). The International Chamber of Commerce (ICC)'s International Court of Arbitration in Paris granted the …

    Source: Iraq Business News - Neutral

05 days 20:47:39

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