A letter issued by the bank and received by Shafaq News Agency stated that "withdrawal fees are deducted electronically, and citizens are not required to pay any fees directly to banking outlets."
It also stipulates that "banks and companies compete to provide their services to the public to achieve the public interest and improve service,” while the book sets minimum commissions.
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FRANK: That's multi-currency policy. You can't do that. You can only use your dinar. Trump is pushing it. I wonder why... FIREFLY: PMC's would institutionalize the Iranian and harm Iraqis sovereignty.
FRANK: Trump is pushing this. You know what he knows.
Monetary Policy, Monetary Stability Approach, And Digital Transformation 2023-2025
Economic 07/27/2025 Baghdad: Morning Among the new economic publications, the book "Monetary Policy in Iraq, Monetary Stability Methodology, and Digital Transformation 2023-2025" was released by financial expert Samir Al-Nusairi.
This book addresses several economic and monetary themes, reflecting the Central Bank of Iraq's orientations and its financial and bankingreform policies in recent years, specifically for the period 2021-2026, with a strategic outlook extending to 2025.
Chapter One: The Central Bank and Opportunities
monetary stability
The author sheds light on the methodology of monetary policy, discussing the functions and objectives of the Central Bank of Iraq, the challenges facing monetary policy, and presenting the steps towards monetary stability and the
pillars of monetary policy for the period 2021–2023.
Chapter Two: Digital Transformation and Financial Inclusion
The chapter reviews the Central Bank's efforts in digital transformation, developing electronic payments, and supporting financial inclusion, in addition to developing payment and systems government support for information technology and cybersecurity.
Chapter Three: The Central Bank's Strategy for Financial and Banking Reform 2024-2025
This chapter covers the strategic objectives of the reform, the Bank's vision for 2025, the activation of economic measures, the regulation and financing of trade, and the management of economic challenges and variables.
Chapter Four: Government Support for Achievement
banking reform
The importance of cooperation between government agencies and the Central Bank is highlighted,
with discussions on the comprehensive banking reform project, the role of the private banking sector, the International Monetary Fund, and the vision for reform in Iraq.
Chapter Five: Exchange Rates and Recovery Procedures
It addresses the causes of exchange rate fluctuations, the factors affecting stability, particularly the difference between the official and parallel rates, and the government's role in stimulating the private banking sector. https://alsabaah.iq/118049-.htm
new financial sanctions are being prepared against several Iraqi banks and institutions.
The reason? Ongoing violations in international money transfer systems and non-compliance with global standards for combating money laundering and terrorist financing.
Secret Meeting In Istanbul: Washington Threatens New Financial Sanctions On Iraq
July 25, 2025 Last updated: July 25, 2025 Al-Mustaqilla/- An informed source revealed to Al-Mustaqilla that an unannounced meeting was held in Istanbul in recent days, bringing together the Assistant Chairman of the US Federal Reserve and a high-ranking delegation from the Central Bank of Iraq.
The source stated that the meeting came at the urgent invitation of the US to discuss critical developments in the file of financial transfers and Iraqi banking transactions. According to the source,
the US side informed the Iraqi delegation that new financial sanctions are under preparation, to be imposed on a number of Iraqi banks and financial institutions, due to what the US side described as "continued violations" in international transfer systems and the failure of some Iraqi entities to comply with international guidelines to combat money laundering and terrorist financing.
The source indicated that Direct warnings
the Iraqi delegation received direct warnings of the possibility of freezing additional assets and imposing restrictions on dollar accounts if urgent measures are not taken to regulate the Iraqi financial system and prevent suspicious flows through some Iraqi banks and companies.
These developments come amid escalating tensions between Baghdad and Washington over economic and security issues, most notably restrictions on dollar transfers and US accusations against some Iraqi entities of dealing with entities on sanctions lists.
Observers believe that the new sanctions, if implemented, will deal a severe blow to the Iraqi banking system and could lead to a further deterioration in the value of the dinar and increased pressure on the local market at a time when the Central Bank of Iraq is trying to revive investor confidence and stabilize the exchange rate.
No official comment yet
As of the time of writing this report, no official comment has been issued by the Central Bank of Iraq or the US Embassy in Baghdad regarding the content of the meeting or the content of the warnings contained therein. https://mustaqila.com/اجتماع-سري-في-إسطنبول-واشنطن-تهدد-بعقو/