Thursday, June 5, 2025

Iraq’s foreign currency reserves surpass $98B by March 2025

 Shafaq News/ Iraq’s foreign currency reserves rose slightly to $98.089B by the end of March 2025, according to official data released by the Central Bank of Iraq (CBI).

The increase marks a modest gain from February’s total of $97.845B.


However, the reserves recorded a year-on-year decline. At the end of 2024, reserves stood at $100.276B, while in 2023 they had peaked at $111.736B.

🚨 CBI Takes Another Step Toward Reducing the Parallel Market

  The Central Bank of Iraq (CBI) has issued new directives regulating the cash withdrawal of U.S. dollar deposits and incoming foreign remit...