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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 top U.S. Treasury ...
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 ...
The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US Dollar was US$1 = 1300 dinars.
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar, [1] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs , it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate .
The official currency in Iraq is the Iraqi dinar. The Coalition Provisional Authority issued new dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques. [131] Jim Cramer's 20 October 2009 endorsement of the Iraqi dinar on CNBC has further piqued interest in the investment. [132]
The total gross revenue for all companies, after recovery of capital costs, is at plateau production of an additional 9.4 mb/d, 4.34 bn US per annum, at a $70 bbl oil price. The 2010 Iraq govt budget is $60 billion. $300 billion is approximately $10,000 per annum for each Iraqi citizen.
After the Gulf War, the Iraqi government disendorsed the old currency, favoring newly printed Saddam dinars, and the Swiss dinar ceased to be legal tender. However, the old currency still circulated in the politically isolated Kurdistan region of Iraq. The government of the Kurdistan region did not have the printing plates of the Swiss dinar ...
The Coalition Provisional Authority (Arabic: سلطة الائتلاف المؤقتة, romanized: Sultat Alaitilaf Almuaqata; Kurdish: دەسەڵاتی کاتی هاوپەیمانی, romanized: Desteya Demkî ya Hevbendiyê, abbr. CPA) was a transitional government of Iraq established following the invasion of the country on 19 March 2003 by U.S.-led Coalition forces.