CBI confirms tighter dollar access for Iraqi travelers

Shafaq News- Baghdad

The Central Bank of Iraq (CBI) announced cutting the monthly cash dollar allowance for adult travelers to $2,000 from $3,000.

In a statement, the bank said that the new “regulatory” instructions aim to improve foreign-currency cash-sale management, raise distribution efficiency, and ensure access for all travelers. The bank encouraged the use of credit and prepaid cards as a main and secure way to cover travel expenses abroad.

An informed source had told Shafaq News on Tuesday that the cut would apply to Iraqi citizens leaving through all airports and border crossings, including travelers for tourism, medical treatment, study, Hajj and Umrah pilgrimage, and business trips.