2023-11-15T06:40:48+00:00
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/ A government source revealed, on Wednesday, that the Central Bank issued official approvals over the past two days to 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 one of the banks’ shipments had actually arrived. For Iraq.
The source explained to 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.