The parallel market value of the US dollar stabilized across Iraq on June 27, 2026, registering 157,500 IQD in Baghdad as high premiums over the official CBI rate persist.
Iraq Denies Plans to Quit OPEC
By John Lee. Iraq’s Ministry of Oil has clarified that reports suggesting the country threatened to withdraw from OPEC do not reflect the official position of the Iraqi government. According to the …
Financial Transformation in Iraq: Money Supply and Rising Debt
Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Financial Transformations in Iraq (2014-2024): …
Following the UAE’s Lead, Iraq Warns It Could Leave OPEC. Here’s What That Would Mean for Oil Stocks
Iraq wants to pump more oil in the future.
Iraq warns it might leave OPEC if oil quota not raised, sources say
(Updates dateline) By Ahmed Rasheed BAGHDAD, June 25 (Reuters) – Iraq has considered leaving OPEC if the oil producer group does not allow Baghdad to significantly increase oil production, sources …
Iraq Sells First Cross-Border Internet Transit Capacity
By John Lee. Iraq has for the first time marketed cross-border internet transit capacity to Qatari company Gulf Bridge International (GBI), using the ‘Civilisations Route’ project stretching from Al …
Israel may have military superiority, but it lacks a clear strategic vision, say experts
Israel is fighting a multi-front war that includes Iran, Lebanon, Gaza, Iraq, and Syria. Experts told BI that Israel still lacks a long-term strategic vision on how to end the war. Israel may have …
Iraq’s domestic debt rises to $73 billion
The Central Bank of Iraq revealed on Wednesday that the country’s domestic public debt rose to $73 billion by the end of April 2026.
Iraq-Uzbekistan Joint Business Council to be Established
By John Lee. Iraq and Uzbekistan have signed a memorandum of understanding (MoU) to establish a joint economic and trade committee, marking the conclusion of a visit by Iraq’s Minister of Trade, Dr …
FATF Places Iraq Under Increased Monitoring
By John Lee. Iraq has been added to the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring — commonly known as the grey list — following the organisation’s June 2026 …