The Central Bank Told Nina: Removing Zeros Is Not Within Our Authority And Requires A Legal And Legislative Process

Baghdad/ NINA / The Central Bank of Iraq confirmed that the issue of removing zeros from the currency is not within its jurisdiction, but rather requires legislation.  The bank's media director, Haider Ghazi, told the Iraqi National News Agency ( NINA 😞 "The issue of removing zeros is not within the bank's authority; it requires legislation, as it is linked to the settlement of debts, legal obligations, and punitive fines under current Iraqi laws.

Finance Minister Orders Rafidain Bank To Resume Lending

 2026-10-19 Shafaq News- Baghdad  Iraq’s Finance Minister Falih Al-Sari on Monday instructed state-owned Rafidain Bank to resume lending to public-sector employees, streamline loan applications, and expand financing for private businesses.

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GLOBAL PAYMENTS RESET WATCH: BIS EXAMINES THE RACE BETWEEN BANKS, FINTECHS AND STABLECOINS

New research from the Bank for International Settlements compares the costs and limitations of competing cross-border payment systems as the global financial industry searches for faster, more affordable ways to move money.

The Central Bank Calls On Banks To Facilitate Foreign Transfers And Exempts Them From The Deposit Period Requirement

Baghdad (INA) –  The Central Bank of Iraq called on licensed banks on Sunday to facilitate foreign transfers and exempt them from the RTGS deposit period requirement.

A statement from the bank, received by the Iraqi News Agency (INA), said, "The Central Bank of Iraq has called on all licensed banks to facilitate foreign transfer procedures for customers with completed transactions."

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GLOBAL BOND RESET WATCH: TREASURY MARKET VOLATILITY RAISES NEW QUESTIONS ABOUT WHO FINANCES U.S. DEBT

Changing investor behavior and volatile bond yields are raising important questions about the future cost of U.S. borrowing and the balance of global financial power.