The Central Bank of Iraq issued a statement rejecting reports that it had halted the supply of US dollars to travelers at the official exchange rate of IQD 1,320 per USD, stating that the decision remains in force and that there is no move to stop it. Dollar provision to travelers continues “regularly and smoothly” through an electronic system operated by companies and banks at Iraqi airports, supported by new mechanisms intended to speed access to foreign currency through “sound transactions” and curb negative practices associated with speculators. The central bank also said it reserves the right to take legal action against those spreading rumors that it views as undermining monetary stability and enabling speculation.
Central Bank of Iraq 2025-04-06
Central Bank of Iraq denies reports it will stop selling US dollars to travelers at the official IQD 1,320 rate
The Central Bank of Iraq refuted claims of halting US dollar supply to travelers at the official exchange rate of IQD 1,320 per USD, affirming the continuation of regular distribution through an electronic system at airports. The bank emphasized its commitment to maintaining monetary stability and warned of legal action against rumor-mongers.