Foreign currency sales in Iraq reached an impressive $35.201 billion during the first five months of 2025, according to the Central Bank of Iraq. This marks a significant increase compared to the same period last year, when total sales stood at $30.435 billion. The growth reflects a 15.66 percent rise in foreign currency sales, highlighting strong demand and active economic movement.
The data reveal that the majority of foreign currency sales went toward external transfers, which amounted to $30.264 billion. Additionally, $3.649 billion supported international settlements, while $1.288 billion represented cash sales. These figures indicate a diversified usage of foreign currency in Iraq’s economy.
Analysts note thatplay a critical role in stabilizing Iraq’s financial system. The high level of activity suggests confidence among businesses and individuals in accessing and utilizing foreign currency. Furthermore, the growth trend indicates that Iraq’s trade and investment sectors are actively engaging with global markets.
The Central Bank of Iraq emphasized that these figures reflect improved financial management and planning. By allocating resources across transfers, settlements, and cash sales, the bank ensures liquidity while supporting economic growth. As a result, continue to contribute significantly to Iraq’s overall economic stability.
Looking ahead, experts expect foreign currency sales to maintain strong momentum. The increasing demand for international transactions and global trade activities will likely sustain this trend. Moreover, the government’s policies encouraging transparency and efficiency in financial operations may further boost foreign currency transactions.
In summary, Iraq’s foreign currency sales have surpassed $35 billion in just five months. The data highlight a 15.66 percent increase compared to last year, with sales supporting external transfers, settlements, and cash needs. remain a key indicator of Iraq’s economic activity, growth, and financial stability.
