Mudhar Saleh, a financial adviser to the Iraqi Prime Minister, said the funds would be included in the 2020 budget for as part of allocations for post-war reconstruction projects in the Arab country.   He said Chinese companies have already been awarded two proje...

Investing in foreign currency is discussed in the news and is one of the major investment options around the world. People invest in foreign currencies intending to hold a particular currency and sell it when it appreciates. It is a trend that has been there for a longe...

(Bloomberg) -- Iraq’s government could lose access to its dollar account at the Federal Reserve if the Trump administration imposes sanctions, as President Donald Trump has threatened, said Majida Al-Tamimi, a lawmaker on the Iraqi parliament’s financi...

In Iraq, dollars can be exchanged pretty much anywhere. In the US, dinar exchange is not allowed at banks. so you make sure you find a trusted person to deal with him, here it comes the importance to work with Diane, our CEO directly: no scam, guaranteed transac...

Iraq, which devalued its currency by about 20% against the dollar, said one main reason for the move was to push the economic cycle forward and activate private sector and local production to avoid a severe budget deficit, according to Finance Minister Ali Allawi. Th...

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) announced an increase in its capital on Thursday to reach 5 trillion Iraqi Dinars (3.42 billion USD), according to the Iraqi News Agency (INA).   “The board of directors of the CBI decided to i...