The new Iraqi dinar, introduced last fall to replace notes bearing Saddam Hussein 's image, has strengthened by about 25 percent in dollar terms. The older notes had to be turned in by Thursday ...

Iraq’s new banknotes have officially replaced the old currency, following a three-month exchange period, which ends today. More than 10,000 tons of redundant notes bearing the image of former ...

KUWAIT CITY, March 25: The Central Bank of Kuwait has announced that several ATMs will be stocked with new Kuwaiti dinar banknotes at key shopping malls across the country during the Eid al-Fitr ...

The Iraqi cabinet approved on Thursday a long-anticipated agreement with the semi-autonomous Kurdistan Region that could ...

Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq.

Iraq on Tuesday nudged up the value of its local currency against the dollar in an effort to stabilise the dinar after tougher foreign transfer regulations sent its value fluctuating.

The Central Bank of Jordan unveiled a new 50 dinar banknote featuring an image of King Abdullah II with the Temple Mount compound in East Jerusalem in the background, as part of the monarchy’s ...

A notable proposal included issuing new Kuwaiti dinar banknotes as a measure to cleanse the market of illicit funds and expose hidden illegal wealth. The Economic Society stressed the importance of ...

Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq.

Also on Wednesday, central bank chief Ali al-Allaq told the state-run Iraqi News Agency that his institution continues to provide dollars at the official rate of 1,320 dinar to the dollar for ...