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Iraq
Monday, March 2, 2026

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Iraq Launches AI-Powered Customs Operations Center

Iraq’s Customs Authority has officially launched an AI-powered operations center to strengthen its administrative and supervisory capabilities across the country. The announcement was made on Monday...

USD/IQD Exchange Rates Steady in Baghdad, Slight Decline in Erbil

The US dollar remained steady in Baghdad, while Erbil recorded a slight decline. This reflects minor regional differences in Iraq’s currency markets. Central exchanges in...

Iraq’s Forex Reserves Drop Below $95 Billion Amid Economic Pressures

Iraq’s central bank (CBI) reported that the country’s foreign forex currency reserves have declined to just under $95 billion, reflecting ongoing fiscal pressures and...

Basrah Crudes Slip for Third Week Amid Global Oil Price Drop

Iraq’s Basrah crude prices continued to decline for the third straight week, mirroring a broader downturn across global oil markets. The persistent slide reflects...

CBI Enforces New Trade Transparency Rules to Modernize Commerce

The Central Bank of Iraq (CBI) has introduced a new set of trade transparency rules designed to modernize the country’s financial system and streamline...

Iraq’s Public Debt Nears $150 Billion as Fiscal Pressures Mount

Iraq’s Central Bank Governor Ali al-Alaq revealed that the nation’s total public debt has climbed close to $150 billion, signaling rising fiscal pressure and...

Iraq Launches Banking Reforms to Boost Investment and Economic Growth

Iraq rolled out new banking and financial reforms to attract foreign investment and strengthen its economy. Salih Mahoud Salman, adviser to the prime minister,...

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