New Electronic Payment System in Iraq

The Iraqi Central Bank permits to withdraw cash using Electronic Payment System

The Iraqi Central Bank has decided to permit Iraqi citizens to withdraw cash from the points of sale. These sale points have been opened by the agents of traders and electronic payment ...
CBI Ordered all Iraqi Banks

CBI stressed to Replace Damaged Iraqi Currency without Charges

On Thursday, the Iraqi Central Bank stressed the need from all Iraqi banks to execute the operation to replace the damaged Iraqi currency without any charges. The CBI issued a press ...
Central Bank of Iraq

CBI announced conditions of Illegal & Counterfeit Banknotes

The Central Bank of Iraq has set the conditions on non-negotiable banknotes restored after being deposited in the CBI. The Iraqi Central Bank issued a statement on Monday that the banknotes ...
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 ...
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 ...
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