Central Bank of Iraq announces over $35 billion in foreign currency sales

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) announced today, Monday (August 18, 2025), that its foreign currency sales reached more than $35 billion over a five-month period. These figures highlight the bank’s role in stabilizing the Iraqi dinar and facilitating foreign trade.

According to statistics, the CBI’s sales of foreign currency during the first five months of 2025 amounted to a total of $35.201 billion. This represents a significant 15.66% increase compared to the same period last year, when sales were $30.435 billion.

The sales were distributed across three main categories:

  • External transfers, which constituted the largest portion at $30.264 billion.
  • International settlements, which accounted for $3.649 billion.
  • Cash sales, which totaled $1.288 billion.

The increase in sales reflects a growing demand for foreign currency within the market, as the CBI continues its efforts to ensure a stable exchange rate and support Iraq’s economic activities, including imports and private sector development.