Tishwash: Central Bank: Foreign transfers are proceeding smoothly and seamlessly.
Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity.
Al-Alaq said in a statement to the official agency, followed by ( IQ ): “The foreign transfer process has witnessed significant development during the last two years, whether in terms of style, method, and organization, or through direct communication and direct transfer between Iraqi banks and approved correspondent banks.”
He added, “This expansion is not only in the number of correspondent or transfer banks, but also in the number of currencies,” noting that “the Central Bank covers almost all the currencies used by Iraq for large-scale trade.”
He stressed that “the Central Bank is currently conducting transfers in almost all major currencies, and they are proceeding smoothly and with high fluidity. link
Tishwash: The last US soldier will leave Ain al-Asad base in mid-September.
An Iraqi security source revealed on Tuesday that the last US soldier will leave Ain al-Asad base in Anbar province, western Iraq, in mid-September, after which the international coalition headquarters at the base will be permanently closed.
The source told Shafaq News Agency that the Ain al-Assad base is scheduled to be permanently closed on September 15, explaining that US forces stationed in western Iraq will move to bases inside Syrian territory, while those in the capital, Baghdad, will move to alternative bases in Erbil in the Kurdistan Region.
The source added that a limited number of American personnel and leaders will remain within the joint forces in Baghdad as needed.
On Monday, the first phase of the withdrawal of US forces from the country to Syrian territory began.
An Iraqi security source told Shafaq News Agency that a US convoy, including trucks carrying military vehicles, had begun moving out of Ain al-Assad base.
Ain al-Asad Air Base is the second largest air base in Iraq after Balad Air Base. It is the headquarters of the US Army’s 7th Division and is located 10 kilometers from the Baghdadiyah district in Anbar Governorate.
Earlier, a spokesperson for the US Embassy in Baghdad revealed that a “civilian” partnership between the international coalition and Iraq was close to being signed, coinciding with the planned “military” withdrawal by next September.
The spokesman said in a statement to the agency that the Global Coalition to Defeat ISIS (Operation Inherent Resolve) will transition from its military mission in Iraq to a more traditional bilateral security partnership, stressing the continuation of the coalition’s civilian-led efforts at the global level.
He emphasized that this shift does not mean the end of the international coalition’s work to defeat ISIS, but rather comes as part of a transition plan to enhance stability in Iraq through security partnerships and ongoing civilian cooperation.
A government source told Shafaq News Agency that Iraq has agreed with the international coalition countries, primarily the United States, on a timetable for ending the coalition’s mission.
The timetable stipulates ending its presence with the central government in September 2025, leading to a full withdrawal in September 2026, with the number of its forces gradually reduced to less than 500 personnel, whose presence will be limited to Erbil, while the rest will be transferred to Kuwait. link
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Tishwash: The value of Iraq’s gold reserves has increased.
An economic observatory announced, on Tuesday, an increase in the value of the reserve.IraqGold prices rose by 4.76% during the first half of this year, as a result of…Gold prices rise Globally.
The Observatory said in a statement seen by Reuters:Alsumaria Newsthat “IraqHe owns 162 tons of gold as part of his national reserve,” noting that “the price of a ton of gold was 105 million US dollars in January 2025, and gradually rose to reach 110 million US dollars by the end of June 2025.”
He added, “This increase in the price of gold has directly contributed to raising the value of Iraq’s gold reserves,” stressing that “gold remains one of the most important strategic assets that enhances the country’s financial strength.
” The observatory noted that,Gold prices riseGlobally, over the past months, it reflects the volatility of global markets and directly impacts the value of national reserves in many countries, including Iraq.
He explained, “Monitoring gold prices on a regular basis enables Iraq to accurately assess the value of its reserves and make appropriate economic decisions to maintain the stability of the country’s purchasing power.” link
