Central Bank updates dollar rates

The Central Bank of Iraq has announced the adoption of new exchange rates for the US dollar against the Iraqi dinar, following the decision made by the Council of Ministers on October 6, 2026. It specified that the purchase price of the dollar from the Ministry of Finance is set at 1,500 dinars, while the selling prices are 1,510 dinars for banks and 1,520 dinars for the public per dollar. All banks and currency exchange companies are required to implement these rates starting October 7, 2026, along with the necessary updates to banking systems and the removal of old rates.

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