Central warns against dealing with electronic trading companies on currencies and gold
The Central Bank of Iraq warned Monday of dealing with electronic trading companies by selling and buying currencies and gold.
The bank said in a statement received “the economy News” a copy of it, “Recently spread in the capital Baghdad and the rest of the provinces, brokerage companies dealing with the electronic trading of the sale and purchase of currencies and gold, polarizing a large segment of the public investors, so the Central Bank of Iraq warns investors to deal with These companies, being working outside his neck.”
“There is no legal framework to regulate the work of these companies,” he said. “A multilateral committee of the Central Bank of Iraq has recently been formed to establish the legal framework for the work of these companies.” Source