Economy / WORLD

Iraq central bank sets three dollar transaction rates

The Central Bank of Iraq set separate dinar prices from 7 October for buying dollars from the Finance Ministry, selling to banks and cash sales to the public.

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The Central Bank of Iraq announced three transaction prices for the US dollar effective 7 October 2026: 1,500 dinars for dollars bought from the Ministry of Finance, 1,510 dinars for dollar sales to banks and 1,520 dinars for cash dollar sales to the public.

The announcement separates the prices by transaction and counterparty. They cannot be collapsed into a single transaction rate; the release provides no comparison with a market rate and no evidence about an effect on inflation.

Data

Timeline

Central Bank of Iraq dollar exchange prices from 7 October 2026

Dinar amounts per US dollar reported by the central bank for three transaction types.

  1. · Occurred

    New dollar transaction prices took effect

    The Central Bank of Iraq set dollar purchases at 1,500, bank sales at 1,510 and cash sales to the public at 1,520 Iraqi dinars per US dollar.

Methodology

Values are the official transaction prices the Central Bank of Iraq said would apply from 7 October 2026. The bank distinguishes buying dollars from the Ministry of Finance, selling dollars to banks, and selling cash dollars to the public. The source makes no claim about a market rate or inflation effect.

Updated:

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  • Iraq · Place role: Coverage · Place type: Country or area · Location precision: Regional
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    • Explicit preserved editorial country/region; no city or national centroid inferredcbi.iq ↗
Taxonomy version: IPTC Media Topics 2026-Q2

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