Iraq’s Central Bank Explains Dollar Rate Hike and Reasons Behind Parallel-Market Demand
Iraq’s Central Bank has explained the reasons behind its decision to raise the dollar exch...
Section
Eco
Comprehensive coverage of the latest news and articles in the Eco section on Iraq News Summit. Follow us for continuous updates.
Legal Expert: Parliament Can Amend Exchange Rate in Budget but Cannot Directly Revoke Central Bank Decision
Legal researcher Ali Al-Tamimi said on Wednesday that the Iraqi Parliament has the authori...
Iraq’s Central Bank Announces New Dollar Exchange Rates Effective Today
The Central Bank of Iraq announced on Wednesday, October 7, 2026, the introduction of new...
Chinese Refiners Turn to Iraqi Crude as Iranian Supplies Decline
Independent Chinese refiners have increased their purchases of Iraqi crude as they seek al...
Iraq’s 2027 Budget Estimated at 217 Trillion Dinars, With 50 Trillion-Dinar Deficit
Parliamentary Finance Committee member Abbas Ahyal said on Tuesday that Iraq’s draft feder...
US Dollar Rises Further Against Iraqi Dinar in Baghdad and Erbil
The US dollar strengthened further against the Iraqi dinar on Tuesday evening in the marke...
Iraqi Zahdi Date Palm Genetically Documented and Its Genome Data Added to NCBI Database
The Ministry of Agriculture announced on Tuesday the completion of genomic documentation o...
World Bank: Iraq Has Clear Vision for Financial Reform and Revenue Growth
The World Bank said on Monday that the Iraqi government has a clear vision for implementin...
Dollar climbs above 160,000 dinars in Iraq
The U.S. dollar climbed above the 160,000-dinar mark per $100 in Iraq’s parallel currency...
Global stocks advance as inflation concerns ease
Global stock markets opened the week mostly higher, led by Japan’s Nikkei 225, which gaine...