CBI Rebuffs Speculation Over Foreign Currency Reserves
The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand…
Iraqi News & Economy Updates – Page 12
Latest Iraqi News posts
Al-Saadi: There is no decision to raise the exchange rate at present… but financial pressures may bring the issue back to the forefront.
Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations…
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries
Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the…
Budget preparation: A repetition of past scenarios or a genuine solution to current crises?
Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are…
Iraq-Turkey Deal on Transport Infrastructure Development
Iraq and Turkey have completed a draft framework agreement aimed at developing transport infrastructure between the two countries, with representatives from both sides signing…
Deputy Governor of Diyala: Electricity privatization has failed, and the contract was signed in Baghdad without our knowledge.
Diyala Deputy Governor Hassan al-Jubouri said on Monday that the electricity privatization project in the province has failed to achieve its intended goals, noting…
4 million barrels per day… Oil Ministry reveals Iraq’s export rate in September
Iraq’s Ministry of Oil said that the country’s average crude oil exports during September have been around 2.6 million barrels per day. The ministry…
Can Iraq break free from the grip of the American federal government?
Legal expert Ali Al-Tamimi said Iraq has options if it wants to reduce the influence of the U.S. Federal Reserve over its oil revenues…
Gold prices remain stable globally amid anticipation of the interest rate decision.
Gold prices remained stable in global markets on Monday as investors waited for key inflation data and signals from major central banks about future…
Dollar slips in Baghdad, Erbil markets
The US dollar opened lower against the Iraqi dinar on Sunday, trading near 159,000 dinars per 100 dollars in local currency markets. According to…
Iraq’s WTO Accession and National Trade Strategy on Agenda
Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on Iraq's accession to the World…
Can Oil Deals Reset US-Iraqi Relations?
As Iraq and the United States move into a new stage of their relationship, oil is becoming an increasingly important part of the conversation.…
7 years repayment period… Al-Rasheed launches loans for purchasing solar energy systems
Al-Rasheed Bank announced on Sunday the launch of a new loan program for the purchase of renewable energy and solar power systems, financed through…
Mosul Dam increases its releases… Tigris River level rises within 24 hours
Water releases from Mosul Dam into the Tigris River have been increased from 700 to 800 cubic meters per second, according to an informed…
World Bank discusses Automation and Financial Reform in Iraq
Iraq’s Ministry of Finance held discussions with a World Bank delegation on financial reform efforts, automation projects and the development of modern financial management…
Sulaymaniyah Summit Focuses on Investment and Economic Diversification
Iraq’s President Nizar Amedi and Kurdistan Region President Nechirvan Barzani took part in the Slemani Economic Summit for Investment and Development held in Sulaymaniyah…
The 2027 budget is facing comprehensive parliamentary scrutiny… Al-Shammari: No crises will hinder its approval
Member of the Parliamentary Finance Committee, Mohammed Al-Shammari, said the draft 2027 federal budget law will undergo detailed technical review and auditing once it…
Release of 52 billion dinars in dues owed to farmers in Anbar
The local government of Anbar announced on Friday the release of a new batch of payments for farmers who marketed their wheat crop during…
Suspected sabotage severs Iraq’s Haditha-Baiji power line
An electricity transmission line connecting Haditha and Baiji was cut after one of its towers was reportedly blown up, according to Saad Ghazi al-Mohammadi,…
Iraq informs the World Bank: We are proceeding with automation projects and strengthening oversight of financial institutions.
Iraq’s Finance Minister Faleh Sari said Thursday that the ministry is moving forward with financial automation projects and taking steps to put them into…
Get Daily Iraqi Dinar Updates by Email
Iraqi dinar news in your inbox. Unsubscribe anytime.