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The Central Bank of Iraq (CBI; Arabic: البنك المركزي العراقي) is a monetary authority established in 1947, shortly after the end of the British occupation of Iraq. The CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.
The Central Bank of Iraq Tower (Arabic: برج البنك المركزي العراقي), also known as the Zaha Hadid Tower, is a 37-story [1] office skyscraper under construction located on the banks of the Tigris river in the Al-Jadiriya district of Baghdad, Iraq.
The Bank of Baghdad (ISX: BBOB) is one of the largest commercial banks in Iraq.It was established in 1992. Bank of Baghdad is a member of KIPCO group and enjoys international banking partnerships throughout the Middle East, North Africa, and further afield to Europe, United States of America, United Kingdom, and China which allows us to provide better regional banking services through sister ...
BAGHDAD (Reuters) - Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive measures targeting the country's financial sector, a ...
WASHINGTON/BAGHDAD (Reuters) -The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported on Wednesday, citing U.S. officials.
Economy Bank Iraq; Gulf Commercial Bank; Taawen Islamic Bank; Industrial Union Investment Bank; Investment Bank of Iraq; Iraqi Middle East Investment Bank; Islamic Bank; Mosul Bank; National Bank of Iraq; North Bank; Sumer Bank; Union Bank of Iraq; Bank Audi ِWorld Islamic Bank ِElaf Islamic Bank; United Investment Bank; Al Janoob Islamic ...
Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit ...
Inflation and depreciation of the currency has continued since. On 19 December 2020, Iraq's Central Bank devalued the dinar by 24% to improve the government's revenue, which was affected by the COVID-19 pandemic and low oil prices. [12] On 2 March 2019, the Central Bank's indicative exchange rate was IQD 1,190 = US$1.