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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

TBI joins KRG’s My Account initiative

Trade Bank of Iraq (TBI) becomes the seventh bank to join the Kurdistan Regional Government's My Account initiative

May. 08, 2024

News

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

57 percent of Iraq’s banks facing collapse as Baghdad bans dollar use

US sanctions 35 Iraqi banks, restricting their dollar transactions to curb currency smuggling to Tehran.

Feb. 05, 2024

News

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

TBI joins KRG’s My Account initiative

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

57 percent of Iraq’s banks facing collapse as Baghdad bans dollar use

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