The Central Bank of Iraq (CBI) has cut passengers’ foreign cash allowance from $3,000 to $2,000 per trip. The decrease is ...

The report cited an Iraqi Kurdish official who attributed the measures as a response to the smuggling of US dollars by ...

The exchange rate for the US dollar compared to the Iraqi dinar rose on Wednesday in the Iraqi capital, Baghdad, and in Erbil ...

Iraq agrees to new controls aimed at preventing U.S. dollars from flowing to Iran and its militia allies in exchange for the ...

(Bloomberg) -- Iraq revalued its currency just over two weeks after replacing the central bank governor as part of an effort to stabilize the foreign exchange market. The cabinet on Tuesday approved a ...

BAGHDAD, July 26 (Reuters) - Fourteen Iraqi private banks sanctioned by the United States over allegedly helping siphon U.S. dollars to Iran said on Wednesday they were ready to challenge the measures ...

Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq. The step appears aimed at ...