The Central Bank of Iraq has issued new regulatory directives regarding the allocation of foreign currency to traveling citizens, reducing the monthly cash quota for an adult traveler to $2,000. This measure is part of a comprehensive reform package aimed
at stabilizing the monetary market and enhancing resource management efficiency. The Bank emphasized that these regulatory steps are designed to address economic fluctuations, highlighting the importance of relying on electronic payment cards for travel expenses. This transition promotes a digital
economy and aligns with international banking standards, without compromising citizens' financial rights.
