Article: “Central Bank of Iraq expands foreign transfers with new currencies” Quote: “The Central Bank of Iraq announced the expansion of foreign transfer channels for local banks to include new currencies: the Jordanian dinar and the Saudi riyal, and allowing Iraqi banks to finance trade with Turkey in euros after it was previously limited to using
them with European Union countries, in addition to transfers available in US dollars, Emirati dirhams, Chinese yuan and Indian rupees. The bank explained that this step comes within its efforts to expand foreign trade financing options in various currencies and channels“