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Home Dinar Guru Updates Iraq

The Central Bank issues official approvals to three Iraqi private banks to import the US dollar

November 15, 2023
in Iraq
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Shafaq News/ A government source revealed, on Wednesday, that the Central Bank issued, during the past two days, official approvals for three Iraqi private banks to import the US dollar to meet their customers’ need for this currency, in amounts amounting to 100 million dollars, indicating that the shipment of one of the banks has actually arrived. For Iraq.

The source explained to Shafaq News Agency that there are applications from other banks that are about to be submitted for decision by the Central Bank of Iraq.

The source confirmed that the Trade Bank of Iraq (TBI) is currently holding important discussions with several international companies to transfer sums of money amounting to $120 million, and they are on their way to completion within the next few days.

On Wednesday, the eighth of November, the Central Bank of Iraq decided to allow Iraqi banks to import foreign currency according to 5 conditions.

shafaq.com

Tags: “threeapprovalsbankbankscentraldollar?importiraqiraqiissuesofficialprivatethe
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