The exchange rate for the US dollar compared to the Iraqi dinar rose on Tuesday in Baghdad and declined in Erbil.

In a significant move to combat financial crimes, Iraq’s central bank has decided to prohibit five local banks from conducting transactions in U.S. dollars. This action aims to address issues ...

Central Bank of Iraq is an Iraq-based bank, which organizes the issue and circulation of the currency of the State of Iraq, regulates the exchange and credit policy, licenses and supervises banks, as ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The introduction of a central bank digital currency (CBDC) would represent a significant shift in Iraq's payment system, enhancing financial efficiency and supervision, according to Mazhar ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The Governor of the Central Bank of Iraq disclosed that the government is developing a plan for a full-scale digital transformation.

The amount of money sold, domestically and internationally, by the Central Bank in dollars this year has exceeded $62 billion, resulting in the receipt of dinars in equivalent proportion ...

The Iraqi economic outlook is highly uncertain as military attacks by ISIS have undermined confidence, while the fall in oil prices saps the economy, government finances, and the external position.

Prime Minister of the Kurdistan Region of Iraq, H E Masrour Barzani, received yesterday Governor of the Qatar Central Bank and Chairman of Qatar Investment Authority, H E Sheikh Bandar bin ...