The Central Bank of Iraq has issued new regulatory directives to manage the demand for foreign currency by citizens traveling abroad, reducing the cash quota for adult travelers from $3,000 to $2,000 per month. This measure is part of a reform package aimed at ensuring equitable access to foreign currency, stabilizing the monetary market, and enhancing resource management efficiency. The Bank emphasized that these regulations align with global advancements in payment systems by encouraging the use of electronic payment cards. This shift aims to provide greater flexibility and security for citizens while supporting the transition towards a digital economy, without compromising their right to access foreign currency in accordance with established guidelines.