Economic
Iraq’s Central Bank Announces New Measures to Resolve Dollar Shortage
Iraq’s Central Bank unveils policy steps to ease scarcity of U.S. dollars in commercial banks and stabilize foreign exchange markets amid pressure on oil revenues.
Iraq’s Central Bank has announced a package of measures aimed at easing the acute shortage of U.S. dollars at commercial banks and restoring stability to the foreign exchange market. The move comes in response to growing pressure on the Iraqi dinar and dwindling oil revenues caused by regional tensions and fluctuating global oil prices. The central bank plans to adjust dollar liquidity mechanisms, enforce stricter monitoring of foreign exchange transactions, and coordinate with the government on budgetary allocations tied to imports. Officials say the measures target both short‑term liquidity crunches and longer‑term structural weaknesses in the banking system.
- Status
- active
- Location
- Baghdad, Iraq
- Date added
- 2026-03-31 13:00 UTC
- Added by
- bodglobalapdrt
- Last updated
- Source
- Iraqi News Agency
- Source published dsate/time
- Not provided
- Event date/time
- Not provided
- Connected threats
- Not provided