Today CBI Sold $ 258 million in Daily Auction of Foreign Currencies

On Tuesday; the Sales of Iraqi Central Bank in the daily auction for foreign currencies have been reached at 258 million U.S dollars, which is against the financial budget law 2015. ...

Iraqi Cash Reserves Approaching at $ 80 Billion: Finance Committee

The Iraqi Finance Committee refused that Iraqi government used the hard cash reserves to manage the budget deficit problems. It is also said that total cash reserves are 80 billion ...

Inflation Rate is Almost not Present in Iraq: Iraqi Banks Association

On Saturday, the Iraqi banks association issued a statement that the estimated increase of prices in Iraq is almost not present. It is also indicated in the statement that some unexplained ...

Iraqi Prime Minister Accepted Suggestions of CBI in Crisis Cell Meeting

The Iraqi Prime Minister Haider Al Abadi confirmed the importance in maintaining the Iraqi dinar exchange rate against the U.S dollar in the Iraqi domestic market and the confusion ...

Iraq Losing Billion Dollars Per Year to Stabilize the Exchange Rate

Dr. Nabil Jaafar Professor of economics in Basra University said that the current rise in the U.S dollar against the Iraqi dinar is due to one of the wars that faced by the Iraq and ...

CBI Not to Sell Hard Cash to Private Banks: Al Shammari

On Wednesday, a member of the National Coalition in the House of Representative MP Kazem Al Shammari issued a statement that Iraqi Central Bank should stop the hard currency sale to ...

Iraq is looking to Gain International Credit Rating for Its Dominant Bonds

A press statement issued by the Iraqi Finance Ministry that a meeting was conducted by the Iraqi Finance Minister Hoshyar Zebari along with his delegation in the presence of Sheikh ...

U.S Dollar will Come Back to Its Normal Position: Najiba Najib

A member of the Iraqi Finance Committee Najiba Najib said in an interview with press that the U.S dollar price would go back to its previous prices and will be reached at 1200 Iraqi ...
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