CBI: Financial Companies Can Open Accounts in IQD and USD; Expands Foreign Exchange, Improves IQD stability

Posted: April 30, 2014 in Iraqi Dinar/Politics

Approval of the money transfer companies to open accounts directly with the Central Bank

Baghdad (newsletter). The Board of Directors of the Central Bank of Iraq held Sunday to approve the conversion of the financial companies to open accounts directly with the Central Bank of Iraq ‘ in Iraqi dinar and the dollar ‘.

The Bank said in a statement it had received (News Agency): the management of the Central Bank of Iraq decided to held on Sunday 20 April 2014 to approve the conversion of the financial companies to open accounts directly with the Central Bank of Iraq (Iraqi dinar and the dollar) late implementation of purchases of foreign exchange in auction events expands foreign exchange and contribute to the stability of the exchange rate permanently

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