Insight Iraq

In-Depth News & Views

CBI

Israel hits Gaza as tensions surge on Lebanon border

Tel Aviv – Israeli strikes hit Gaza on Friday as truce talks with Hamas militants failed to progress and tensions surged on Israel’s northern border with Lebanon. Witnesses reported the strikes in various parts of the Gaza Strip in the…

US dollar exchange rate remains stable in Baghdad, drops in Erbil

Baghdad (IraqiNews.com) – The US dollar exchange rate against the Iraqi dinar remained stable in Baghdad and dropped in Erbil, the capital of the Kurdistan region of Iraq, on Thursday with the closure of the two main stock exchanges in…

G7 eyes Ukraine funding plan at Italy summit

Bari – G7 leaders gather Thursday for the first day of an Italy summit, seeking to seal a deal on using frozen Russian assets to help war-torn Ukraine. Ukrainian President Volodymyr Zelensky will join US President Joe Biden and leaders…

Asian stocks build on Wall St records after US inflation data

Hong Kong – Asian traders extended a rally across world markets Thursday as they welcomed figures showing US inflation slowed further last month, tempering concerns about the Federal Reserve’s forecast of just one interest rate cut this year. The weaker-than-expected…

US dollar exchange rate jumps to new levels in Iraq

Baghdad (IraqiNews.com) – The US dollar exchange rate against the Iraqi dinar increased in Baghdad and the capital of the Kurdistan region of Iraq, Erbil, on Sunday with the closure of the two main stock exchanges in the country. The…

US dollar exchange rate continues to rise in Iraq

Baghdad (IraqiNews.com) – The US dollar exchange rate against the Iraqi dinar rose in Baghdad and the capital of the Kurdistan region of Iraq, Erbil, on Thursday with the closure of the two main stock exchanges in the country. The…

CBI denies issuing banknotes featuring architect Zaha Hadid

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) denied on Sunday issuing a new 100,000 Iraqi dinar bill featuring Iraqi architect Zaha Hadid. The CBI said in a statement that a photo of a new 100,000 Iraqi dinar banknote…

US dollar exchange rate drops in Iraqi Kurdistan, remains stable in Baghdad

Baghdad (IraqiNews.com) – The US dollar exchange rate against the Iraqi dinar remained stable in Baghdad and dropped in Erbil on Tuesday with the closure of the two main stock exchanges in the country. The US dollar exchange rate remained…

CBI starts banking sector restructuring plan’s second phase

Baghdad (IraqiNews.com) – The Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, announced on Monday the start of the second phase of the plan for restructuring the banking sector in Iraq. The CBI mentioned in a statement that…

Fighting rages in Gaza’s Rafah after first aid delivery via pier

Rafah – Heavy clashes and bombardment Saturday rocked Gaza’s southern city of Rafah, witnesses said, as the Israeli military announced the first 310 pallets of humanitarian aid had entered the besieged territory via a US-built pier. More than 10 days…