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Sarah al-Qaher

Action taken to close currency sale window, prevent dollar leakage

The Iraqi government plans to end the dollar auction system at the Central Bank by year-end to integrate Iraqi banks into global banking.

Articles

5 months ago

Action taken to close currency sale window, prevent dollar leakage Image

KRG transfers non-oil revenues to Baghdad

The Kurdistan Regional Government transferred over 85 billion dinars from internal revenues to the Federal Government of Iraq, complying with a Supreme Federal Court ruling and following an agreement reached regarding non-oil revenues.

May. 27, 2024

News

Iraq participates in Saudi Anti-Corruption conference

Iraq emphasized its anti-corruption efforts at the Arab Forum in Riyadh, with measures including the "Where Did You Get This?" campaign and the establishment of an Inspection Department, alongside upcoming legislative amendments.

May. 16, 2024

Articles

Over $600 million lost in dinar-dollar exchange scandal involving CBI: report

The Central Bank of Iraq faces a corruption scandal involving the sale of dollars for non-existent travelers, with over 151,000 beneficiaries and irregularities in passport numbers, while US officials urge action to prevent dollar smuggling to Iran and Syria.

Apr. 25, 2024

Articles

US sanctions network smuggling American tech to Iran's central bank

The US Treasury Department imposed sanctions on a network of companies and individuals for facilitating illegal technology transfers to Iranian entities, including the Central Bank of Iran.

Mar. 15, 2024

News

Dollar-earning Iraqis feel disappointed as new rules loom

As the central bank moves to wean the country off the US dollar, Iraqis getting their salaries in the American currency say they are the ones losing out.

Nov. 16, 2023

Features

No more dollars in Iraq?

The New Region speaks to Iraqi citizens and officials about currency instability and new regulations to take effect Jan. 1.

Nov. 09, 2023

Features

Popular

Action taken to close currency sale window, prevent dollar leakage

KRG transfers non-oil revenues to Baghdad

KRG transfers non-oil revenuesRead More..

Iraq participates in Saudi Anti-Corruption conference

Over $600 million lost in dinar-dollar exchange scandal involving CBI: report

US sanctions network smuggling American tech to Iran's central bank

US sanctions network smugglingRead More..

Dollar-earning Iraqis feel disappointed as new rules loom

Dollar-earning Iraqis feel disappointedRead More..

No more dollars in Iraq?

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