March 1, 2010

The governor of the Central Bank of Iraq (CBI) on Monday said that the current exchange rate (1,170 Iraqi dinars per dollar) is reasonable, adding that the bank has enough foreign reserves to defend the exchange rate.

Read more: Central Bank of Iraq says current exchange rate is reasonable

March 1, 2010

Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

Read more: Iraqi dinar revaluation has to do with economic conditions

February 25, 2010

The International Monetary Fund on Wednesday approved a $3.6 billion loan program for Iraq to cover balance of payments needs.

Read more: IMF approves $3.6 billion loan for Iraq

February 24, 2010

Iraq’s 2010 budget, considered one of the most controversial in the country’s history, was finally endorsed at the end of January by parliament and the presidential council. The US$72 billion (84 trillion dinar) bill was divided between funding for investment projects (US$20 billion/23.6 trillion dinars) and operational expenses (US$52 billion/60.9 trillion dinars).

Read more: Iraqi Prime Minister gambles issues most aggressive budget in country's history