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The objectives of the Central Bank of the Iraq are as follows: Maintaining inflation stability; Implementing monetary policy (including exchange rate policies) Managing the state's reserves; Issuing and managing the Iraqi dinar; Regulating private banks; As of December 2009, the bank reported total assets valued at over 57 trillion dinars. [21]
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.
Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [3] BHD Bahrain.د.ب [4] Iraqi dinar [5] IQD Iraq: ع.د [6] Jordanian dinar [7] JOD Jordan: ينار [8] Kuwaiti dinar [9] KWD Kuwait: ك [9] Tunisian dinar: TND Tunisia: د.ت (Tunisian Arabic) or DT (Latin) UAE dirham [10] AED United Arab Emirates: AED [11] Moroccan ...
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 ...
The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]
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 ...
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. The ban, which ...
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar, [2] 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 .