In a significant move to combat financial crimes, Iraq’s central bank has decided to prohibit five local banks from conducting transactions in U.S. dollars. This action aims to address issues ...

According to AZZAMAN newspaper, the Central Bank of Iraq announced that it is planning to fight inflation and to achieve monetary stability in Iraq particularly after the noticeable rise in the ...

The introduction of a central bank digital currency (CBDC) would represent a significant shift in Iraq's payment system, enhancing financial efficiency and supervision, according to Mazhar ...