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Showing posts with label central bank of iraq. Show all posts
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$600 million Iraqi Dinar Ghost Travelers Scandal Involves the CBI

Documents obtained from Iraq's Federal Board of Supreme Audit reveal a staggering corruption scheme involving the illicit acquisition of...

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BREAKING NEWS 3/27/24 The Central Bank of Iraq Says Regulated Dollar Transactions Are Rising - Black Market Up to 1,470 Dinars

  Many foreign trade transactions now take place through the Central Bank of Iraq's electronic platform (AHMAD AL-RUBAYE). According to ...

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CBI Director talks about exchanging IQD for US dollars for travelers.

This news was released in Baghdad on February 6, 2024.  The article was transcribed and added to the IraqiDinarUSD.com blog on February 8, 2...

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The Role of the Central Bank of Iraq in Revaluation of Its Currency

The Role of the CBI in the Revalue of the Iraqi Currency, the Difficulties, the Restraints  The Central Bank of Iraq (CBI) plays a crucial r...

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UPDATE ON Iraq's POS system. Gov Still Pushing the System. Question is? What are the People Doing?

It seems we were incorrect in thinking that Iraq's e-Payment Program, POS, had gone by the wayside.  Or maybe the government wants one t...

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The Central Bank of Iraq provides insight into its support of the Iraqi Dinar under new guidelines.

This news article is translated from a reliable news source in Baghdad, Iraq.  The Central Bank of Iraq announced, on Friday, January 5, 202...

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How Iraq is Controlling IQD to USD Daily Exchange Amounts on Prepaid Debit Cards

  In May of 2023, the Central Bank of Iraq (CBI) announced that Iraqi banks must follow the new regulations on prepaid cards, where their cr...

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The Central Bank of Iraq Met with US Treasury and US Federal Reserve - Here's What Happened

In Dubai, the delegation of the Central Bank of Iraq met with the US Federal Reserve and US Treasury Department delegations on Thursday. The...

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News Coming Out of Baghdad; We Cannot Confirm: Central Bank of Iraq Will Continue to Finance Trade in the US Dollar

We are being told that the central bank's dollar transfer platform won't be canceled in the near future.  In fact, the news from a B...

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Iraq Central bank uses tens of millions of euros for payment to cover imports from Turkey

As an initial payment to cover Turkish imports, the central bank strengthened tens of millions of euros. As part of the banking arrangement ...

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The Central Bank of Iraq is training employees on anti-money laundering training

Anti-Money Laundering Training:   A ceremony was held at the Center for Banking Studies at the Central Bank of Iraq for participants in inte...

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The CBI to provide zero interest rate real estate loans for Iraqi citizens Major step towards stabilization of economy

Note:  One of the conditions Iraq has stated to be important is its citizens' housing and health benefits.  We know that a re-visit for ...

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The Central Bank of Iraq Clarifies the De-Dollarization in Iraq

Guys, you may want to know that Iraq has to change its financial habits because US dollars keep seeping into Iran's economy.  This is an...

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Central Bank of Iraq makes big announcement surrounding currency transactions in 2024

Central Bank Governor Ali Al Alaq  Starting next year, Iraq's central bank will restrict all internal trade to the Iraqi dinar to help c...

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The Central Bank of Iraq is Still Not Out of the Woods with the US Treasury Department

A top U.S. Treasury official said that despite fraud, money laundering, and Iran sanctions evasion, Iraq's central bank must address con...

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The path of the new central bank will preserve cash and exchange rate

 "The electronic platform has attracted more than 85 percent participation," he added, noting that "the Central Bank seeks to...

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CBI Governor Receives World Bank Delegation

Today, Thursday, Mr. Ali Al-Alaq, Governor of the Central Bank of Iraq, received a high-ranking World Bank delegation headed by Mr. Farid Be...

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The Central Bank of Iraq Is Struggling with Dollar Smuggling

  Ali al-Allaq, the governor of Iraq's central bank, says the country has launched a war against currency smuggling in its banking syste...

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The Central Bank of Iraq and the IQD Revalue

The Central Bank of Iraq and the highly anticipated IQD Revalue! If you've been following the news or are involved in currency trading, ...

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Foreign Investment in Iraq is Crucial for Increase in Currency Value

The US and the EU are the top contributors to Iraq's economy.  However, private investment is needed for a more stable economy, and here...

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