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Decline in US Dollar Exchange Rates in Local Markets

dijlahpoint - US currency exchange rates recorded a noticeable decline in local markets in the capital, Baghdad, where the selling price to the public reached lower levels compared to previous periods...

US Treasury Lifts Restrictions on Several Iraqi Exchange Companies

dijlahpoint - The US Treasury Department has lifted restrictions on a number of Iraqi exchange companies after verifying their compliance with standards approved by the Central Bank of Iraq. This step...

International Development Bank Responds to US Treasury, Affirms Financial Strength and Depositor Security

dijlahpoint - The management of the International Development Bank for Investment and Finance issued an official statement regarding the decision issued against it by the US Treasury Department, affir...

International Development Bank rebuts US Treasury claims, confirming financial stability

dijlahpoint - The International Development Bank for Investment and Finance rejected claims raised in a US Department of the Treasury statement, asserting they rely on inaccurate allegations.Bank mana...

Ministry of Finance Discusses Strengthening Economic Partnership and Trade with Thai Prime Minister

dijlahpoint - The Minister of Finance discussed with the Prime Minister of Thailand prospects for enhancing economic partnership, expanding trade exchange, and encouraging mutual investments between t...

Government Announces Strategic Plan to Lower Parallel Market Exchange Rate

dijlahpoint - The government revealed a well-studied plan implemented by the Central Bank aimed at stabilizing the parallel market exchange rate in the near term. The plan relies on secured and adequa...

Experts Warn Against Depleting Foreign Reserves If Salaries Paid in USD

dijlahpoint - Economic experts have warned against proposals to pay public sector salaries in US dollars, emphasizing that such a step would rapidly deplete foreign reserves and restrict the central b...

Legal Expert Outlines Parliamentary Limits Over Foreign Exchange Rate Decisions

dijlahpoint - A legal expert clarified that Parliament holds the authority to discuss and amend exchange rate provisions within the federal budget bill, but lacks direct legal standing to void Central...

Economic Analysis Examines Decision-Making Mechanisms Behind Exchange Rate Adjustments

dijlahpoint - An economic review outlined the background of Iraqi Dinar exchange rate adjustments and the legal framework empowering the Central Bank to govern monetary policy alongside fiscal authori...

Parliamentary Finance Committee Confirms Salary Security and Outlines Oil Export Developments

dijlahpoint - The Parliamentary Finance Committee reaffirmed the security of public sector salaries and the availability of sufficient reserves at the Central Bank to cover potential deficits. The com...

Parliamentary Demands for a Radical Solution to the Currency Issue as Dollar Shipments Resume

dijlahpoint - Parliamentary circles welcomed the recent understandings with the United States to resume cash dollar shipments to Iraq, calling for this step to mark the beginning of radical solutions...

Iraqi-Palestinian Coordination Expands Digital Payment Services for Palestinian Residents

dijlahpoint - Diplomatic and regulatory efforts between the Embassy of Palestine, the Central Bank of Iraq, and payment processing companies have successfully extended access to the "Super Qi" digital...