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We have seen few sudden changes in the economy of Iraq after the meeting between central bank of Iraq, International Monetary Fund and World Bank. The central bank of Iraq decided to reprint the notes of different denomination, decided to purchase more gold to increase the value of dinar in the local and international market and then invited different money exchange companies to sell dollars in the auction of central bank.

The CBI is going to change the monetary policy of the country according to ongoing circumstances of Iraq. What are the changes that central bank of Iraq want to make in the country is not clear and stated publicly. One of the CBI official told that these changes will be according to present economic conditions of the country and will be launched after approval of World Bank and IMF.