Central Bank of Iraq cuts traveler dollar allowance to $2,000
On July 8, 2026 the Central Bank of Iraq cut the monthly cash foreign-currency allowance for outbound Iraqi travelers from $3,000 to $2,000 per adult passenger. The move is part of a broader CBI reform package to manage foreign-exchange reserves and curb parallel-market dollar demand, with relevance for Iran-Iraq cross-border currency and trade flows.
Recorded figures
- Status
- implemented
- newAllowanceUsd
- 2000
- previousAllowanceUsd
- 3000
As of Jul 8, 2026
Sources
Iraqi News · Iraqi News
Cited Jul 9, 2026
Shafaq News · Shafaq News
Cited Jul 9, 2026
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