Iraqi News Central Bank of Iraq announces over $40 billion in foreign currency sales for H1 2025

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) today, Monday (September 1, 2025), announced that its foreign currency sales exceeded $40 billion in the first half of the current year. This figure marks a significant 17% increase in sales compared to the same period in 2024, indicating a rise in demand for foreign currency.

According to the bank’s latest statistics, reviewed by Shafaq News Agency, total foreign currency sales for the first six months of 2025 reached $40.904 billion. The sales were primarily distributed through external transfers, which accounted for $39.517 billion, with cash sales making up the remaining $1.387 billion.

The substantial increase in foreign currency sales, up from $34.735 billion in the first half of last year, reflects a growing volume of economic activity and a heightened demand for foreign exchange to support international trade and business operations. The CBI’s currency auctions are a key mechanism for maintaining the stability of the Iraqi dinar and facilitating these transactions.