“CENTRAL BANK: FOREIGN TRANSFERS ARE PROCEEDING SMOOTHLY AND SEAMLESSLY” Quote: “The Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the
central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity.” So, we learned that the correspondent bank transfer process started last year is working. Remember this was a huge move for the CBI in paying for imports…
