Clare: Withdraw leave
September 03, 2025
The Central Bank of Iraq decided to withdraw the license of Al-Balsam Company for brokering the sale and purchase of foreign currencies due to its violation of the controls regulating the work of exchange companies and brokering the sale and purchase of foreign currencies No. (1) of 2022. For more, click here.
Clare: The Central Bank launches new services via electronic wallets.
The Central Bank of Iraq announces the launch of reciprocal money transfer services via e-wallets, enabling individuals and business owners to conduct their financial transactions with greater speed and flexibility.
These services include:
Exchange money transfers between validated, permanent wallets of various service providers.
Reciprocal money transfers from permanent verified wallets to merchant wallets of various providers during purchases.
The launch of this step represents a qualitative shift in the path to enhancing financial inclusion, supporting digital transformation efforts, facilitating the movement of funds, supporting the business sector, and expanding the use of financial technologies in Iraq.
Central Bank of Iraq
Media Office
September 3, 2025
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Clare: Economist: Iraq enjoys financial stability thanks to the Central Bank’s reserves.
9/3/2025 – Baghdad
Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have emerged so far, despite the external challenges and geopolitical shocks witnessed worldwide.
Saleh said, “Financial concerns are mainly due to the repercussions of external shocks such as trade wars and fluctuations in energy prices, but Iraq has proven its resilience thanks to the Central Bank’s foreign currency reserves.”
He added, “Monetary policy plays a pivotal role in stimulating the domestic financing market and supporting public liquidity, ensuring the implementation of government development programs and infrastructure projects, which is directly reflected in stimulating the labor market and enhancing economic activity.”
He pointed out that “the strong coordination between fiscal and monetary policies dispels any fears of recession and even enhances the sustainability of economic stability, in light of low inflation and unemployment rates, high growth rates, and the launch of the social market strategy that balances protecting livelihoods and supporting investment and reconstruction.” LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Everything will come together at the same time as one. It’s not going to be, here’s the lower notes and a few days later here’s the new exchange rate. The salaries…are in position to be paid with a new exchange rate. The system to pay is set, ready to go. This is good. Another thing that waits for the new exchange rate…
Militia Man They talk about a managed float. One of the things about a managed float is they’e going to be able to defend their currency. I’ve been saying this for years, it makes more sense for them to have a managed float because then the central bank can work in conjunction with other entities and intervene in the market. In other words, they can control inflation – They can buy in currency or sell currency to maintain a stable exchange rate.
Yada Reading the articles, Im of the mind this could have been released this past Friday but for the holiday weekend, the banks are wanting to start without stopping. Money is moving, and we will be jumping on with the train moving…Question: Are we still in the window…By the 2nd or 3rd? Yada: I can see it…
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Bond Yields Surge as Global Confidence Breaks Down | LIVE Q&A with Lynette Zang
9-2-2025
Have you lost trust in the system? You’re not alone.
Global confidence is collapsing, and bond yields are surging to crisis levels. This isn’t just a market headline; it’s a direct threat to your savings, retirement, and future.
In this live, we’ll reveal what’s breaking down, why it matters, and where safety still exists — like gold and silver.
https://www.youtube-nocookie.com/embed/fCVSgoh7F9A?feature=oembed&enablejsapi=1
