Central Bank of Iraq is an Iraq-based bank, which organizes the issue and circulation of the currency of the State of Iraq, regulates the exchange and credit policy, licenses and supervises banks, as ...

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 ...

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 ...