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Kurdistan Region seeks to rein in the dollar through the National Bank after the approval of the Central Bank
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2023-01-20 08:10
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Shafaq News/ The Director General of Commercial Banks in Kurdistan Region, Mouloud Saber confirmed, on Friday, that the opening of the National Bank will contribute to the development of banking work in the region, in addition to that it will limit the rise in the exchange rate of the dollar against the dinar in the local markets in Kurdistan.
Saber said, in an interview conducted with him by the official website of the regional government and published today, that the work of establishing the National Bank in the region has been completed with a capital of approximately 250 billion dinars, with 25 billion dinars deposited in cash in the account of the Central Bank of Iraq / Erbil branch, adding that what remains is only obtaining A license from the Central Bank to conduct business.
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[You must be registered and logged in to see this image.]
2023-01-20 08:10
Share
Font
Shafaq News/ The Director General of Commercial Banks in Kurdistan Region, Mouloud Saber confirmed, on Friday, that the opening of the National Bank will contribute to the development of banking work in the region, in addition to that it will limit the rise in the exchange rate of the dollar against the dinar in the local markets in Kurdistan.
Saber said, in an interview conducted with him by the official website of the regional government and published today, that the work of establishing the National Bank in the region has been completed with a capital of approximately 250 billion dinars, with 25 billion dinars deposited in cash in the account of the Central Bank of Iraq / Erbil branch, adding that what remains is only obtaining A license from the Central Bank to conduct business.
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