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Central Bank's Foreign Currency Sales Rise to Over $4 Billion in September

dijlahpoint - Official data issued by the Central Bank showed an increase in its total foreign currency sales during last September, exceeding the barrier of four billion dollars, registering a notice...

Central Bank Increases Housing Unit Financing Allocations to Three Trillion Dinars

dijlahpoint - The Central Bank of Iraq has decided to increase financial allocations to support the purchase of residential units within housing complexes by an additional trillion dinars, bringing th...

Central Bank Directs Facilitation of External Transfers and Bank Balances

dijlahpoint - The Central Bank of Iraq has issued official directives to all licensed banks requiring the facilitation of external transfer procedures for customers and the enhancement of foreign acco...

Central Bank Directs Licensed Banks to Complete External Transfers Within Four Days

dijlahpoint - The Central Bank of Iraq has issued an official directive obligating all licensed banks to complete external transfer operations within a maximum period of four days, warning of strict p...

Central Bank Affirms Foreign Reserves Sufficient to Cover Imports for a Full Year

dijlahpoint - The Central Bank of Iraq has announced that its foreign currency reserves are in a very comfortable position and sufficient to cover import bills for a full year or more. Bank officials...

Central Bank Mandates Immediate Implementation of Revised Official Exchange Rates

dijlahpoint - The Central Bank announced the official implementation of its updated foreign exchange structure, establishing the purchase price from the Ministry of Finance at 1,500 IQD per dollar, ba...

Central Bank Adopts New Official Exchange Rate, Reaffirms Foreign Reserve Adequacy

dijlahpoint - The Central Bank announced the official adjustment of the Iraqi dinar exchange rate against the US dollar, following recommendations from the Cabinet to address current fiscal conditions...

Central Bank Reaffirms Exclusive Banking Oversight, Restricts Security Actions to Judicial Orders

dijlahpoint - An official source at the Central Bank confirmed that the supervision, regulation, and oversight of banking and non-banking financial institutions fall exclusively under the authority of...

Central Bank Confirms the Stability of the Banking Sector and Denies Bank Bankruptcy Rumors

dijlahpoint - The Central Bank of Iraq reassured depositors regarding the stability and safety of the banking sector, confirming that placing authorized banks under supervisory or guardianship committ...

Following Serious Violations: Central Bank of Iraq Places Al Taif Islamic Bank Under Guardianship

dijlahpoint - The Central Bank of Iraq decided on Wednesday, September 2, 2026, to place "Al Taif Islamic Bank for Investment and Finance" under official guardianship, based on proven serious financia...

Central Bank Issues Strict Directives to Combat Money Laundering and Terrorism Financing

dijlahpoint - The Central Bank issued new directives targeting non-banking financial institutions, including strict measures to verify customer identities to mitigate the risks of money laundering and...

Central Bank Announces a $30 Billion Drop in Foreign Reserves to Secure Public Sector Salaries

The Governor of the Central Bank of Iraq, Nizar Nasser, announced a significant decline in the country's foreign cash reserves by $31.5 billion, dropping from $109 billion to approximately $77.5 billi...