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 ...

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 ...

Iraqi Delegation to Meet With International Banks in Turkey

The Iraqi Finance Ministry has announced about the meeting of the Iraqi Government and its delegation in the Turkish city Istambul regarding finalizing the process of issuance of dominant ...

Rasheed Bank Announced to Cover Imports for Companies and Individuals

On Wednesday, Rasheed Bank announced that the launching of imports identifies individuals and companies dealing in foreign currency service. The General Director of Rasheed Bank Abdel ...

New Iraqi Bank Notes Will Reduce Demand of U.S Dollar: Finance Committee

A member of the Iraqi Parliamentary Finance Committee Jabbar Al Abadi credited to the Iraqi Central Bank regarding currency strength of characters in the categories of 50 thousand and ...

CBI Formed a Group to Stop Money Laundering Operations

A famous economic expert Firas Amer said that terrorist financing and money laundering problems occurs when you physically transfer money instead by using banking systems. Firas Amer ...
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