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 ...
CBI issued plan for Auction of Treasury Funds for Next 364 Days

CBI stopped 4 Kurdish Banks from participating in Foreign Currency Auction

On Thursday, an authentic source in the Iraqi banking sector has informed that the Central Bank of Iraq has decided to avoid the entry of 4 Kurdish banks from participating in the foreign ...
Central Bank of Iraq

CBI has announced 7 Basic Criteria for Iraqi Banks to Sell U.S Dollars

On Sunday, the Iraqi Central Bank has presented 7 key criteria regarding the participation of Iraqi bank in foreign currency selling window operations. The CBI has indicated that putting ...

Oil Prices Fall Won’t Affect Our Currency Reserves: CBI

Iraqi Dinar 123 News:– The Central Bank of Iraq stressed that continuous downfall in the global oil prices would not reflect any major impact on Iraqi economy and its currency ...

CBI Weekly Auction Opens and Sold More Than 241 Million Dollars

Iraqi Dinar 123 News:– On Sunday, the Iraqi Central Bank again started its daily foreign currency auction and sold more than 241 million U.S dollars in this auction. The Central ...
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