Reserves at CBI

Reserves at the Central Bank of Iraq reached over $50 Billion

The Iraqi Central Bank has announced that the reserves at CBI have exceeded over 50 billion U.S dollars. The Governor of CBI Ali Al-Aalak issued a press statement that the cash reserves ...
System of Deposits Adopted by CBI will Boost up Iraqi Economy: Experts

System of Deposits Adopted by CBI will Boost up Iraqi Economy: Experts

The Iraqi Central Bank addressed the system of guarantee in the issuance of bank deposits. The bank issued a practice license as a guarantee for a joint stock company and the company ...
Da'esh and CBI auction

Da’esh participated in the Currency Auction at CBI: Report

The U.S Treasury Department issued a statement that some elements connected to Da’esh had been found involved in the currency auction window at the Iraqi Central Bank. The statement ...
Central Bank of Iraq issued a New Circular for Private Banks

Central Bank of Iraq issued a New Circular for Private Banks

The Iraqi Central Bank issued a report and indicated that some commercial banks Iraq don’t have sufficient investment. The report pointed out that some letters of guarantee have shown ...
Up to $1 Million Differences Found in the CBI Currency Auction: Integrity Commission

Up to $1 Million Differences Found in the CBI Currency Auction: Integrity Commission

The Iraqi Parliamentary Integrity Commission issued huge differences in the sale of currency. Sumer News indicated that approximately 1 million U.S dollars to sell every 10 million ...
CBI Governor Ali Mohsen Al-Allaq

The CBI Governor Issued a Statement about Iraqi Dinar Currency

The Governor of the Iraqi Central Bank issued a statement that floating of the Iraqi dinar currency is very hard to implement as the monopoly of Iraqi government regarding the distribution ...
Dealing in Bitcoin Currency will be Considered Money Laundering Crime: CBI

Dealing in Bitcoin Currency will be Considered Money Laundering Crime: CBI

The Iraqi Central Bank issued a statement that the CBI doesn’t deal with the Bitcoin currency. The Bank also warned that currency dealers will be subjected to the cramping of the ...
Why Contribution of Iraqi Central Bank is Essential to Economic Balance?

Why Contribution of Iraqi Central Bank is Essential to Economic Balance?

Most economic experts believe that perfect coordination between Iraqi government and Iraqi Central Bank can play a significant role in financing the budget deficit and providing credit ...
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