The governor of the Central Bank, Ali Al-Alaq, on Friday, denied the existence of a problem in the liquidity of the Iraqi dinar, while pointing to the imminent launch of the new mechanism for the traveler to obtain the dollar.
Al-Alaq said in a statement that “what is raised and rumored about the existence of a problem in the liquidity of the Iraqi dinar is not true and that the Central Bank continues to conduct the process of responding to requests related to liquidity as well as the Ministry of Finance.”
He pointed out that “the Central Bank is developing the mechanism for travelers to receive the dollar smoothly in Iraqi airports, some of which have completed the system with the presence of concerned exchange companies and banks distributing the dollar.”
Al-Alaq pointed out that “the new mechanism will come into effect soon and the traveler will receive the dollar by registering through the platform and receiving at the airport to ensure that the dollar reaches the real traveler.”
