2 days ago
Counterfeit Iraqi Dinars: Central Bank Hosts Workshop
By John Lee.
The Central Bank of Iraq (CBI) has held a three-day training workshop in Erbil on the "Core Standards for Detecting Counterfeit Currency," in collaboration with its branch office in the Kurdistan Region.
Organised by the CBI's Banking Studies Center, the workshop runs from 1st to 3rd July 2025 and includes participation from both public and private banks.
Key topics include procedures for handling and replacing banknotes, as well as counting and sorting mechanisms, in accordance with the amended Central Bank Law No. 56 of 2004.
Money supply in Iraq fell in the first quarter of 2025.
(Source: Central Bank of Iraq)
