Central Bank of Iraq Denies Raising Dollar Rate for Digital Purchases; Reaffirms Commitment to Official Rate (1,520 Dinars)

Baghdad – October 12, 2026

The Central Bank of Iraq has denied reports circulating on social media claiming that the dollar exchange rate for digital purchases and online shopping has been raised to 161,000 dinars per 100 dollars.

A statement issued by the Central Bank confirmed that these circulating reports are baseless. It emphasized that all authorized electronic payment and purchasing operations using Mastercard and Visa cards continue to function at the approved official exchange rate of 1,520 dinars per dollar (152,000 dinars per 100 dollars), without any change.

The Central Bank urged citizens and media outlets to avoid being swayed by rumors and inaccurate information, and to obtain news and financial directives solely from the Bank’s official pages and sources, as well as those of relevant authorities.