Iraq, US dollar and Central Bank

Central Bank of Iraq’s reserves decline to $104 billion in November
The Central Bank of Iraq (CBI) reported a 1.59 percent decrease in net foreign reserves in November 2024, compared to the month before.
Exclusive: Five Iraqi banks to be banned from US dollar transactions
A rare ally of both the U.S. and Iran with more than $100 billion in reserves held in the U.S., Iraq relies heavily on Washington's goodwill to ensure that its access to oil revenues and finances are not blocked.
Iraq’s Severe Crackdown: 5 Banks Prohibited from Dollar Transactions
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 like money laundering and the illegal transfer of dollars out of the country.
5 Iraqi banks to be prohibited from dealings in US dollars
The Central Bank of Iraq (CBI) will prohibit five more local banks from conducting transactions in US dollars.
Iraq's Central Bank Bans Five More Banks from U.S. Dollar Transactions
Iraqs central bank will prohibit five additional local banks from U.S. dollar transactions after meetings with U.S. Treasury officials to combat money laundering, dollar smuggling, and financial violations.
Exclusive-Five Iraqi Banks to Be Banned From U.S. Dollar Transactions - Sources
Exclusive-Five Iraqi Banks to Be Banned From U.S. Dollar Transactions - Sources By Maha El Dahan and Ahmed Rasheed DUBAI/BAGHDAD (Reuters) - Iraq's central bank will ban five more local banks from ...
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Iraq doesn’t require financial aid, only technical support: IMF regional director
He clarified that the only IMF support provided to Baghdad is “technical assistance ... financial management and assisting the Central Bank of Iraq (CBI) in “improving its structure ...
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Five Iraqi banks to be banned from U.S. dollar transactions
DUBAI/BAGHDAD (Reuters) - Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury officials in efforts ...