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[size=32][rtl]A new package for the Central Bank, which includes facilities for obtaining dollars[/rtl]
February 22, 2023
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A new package for the Central Bank, which includes facilities for obtaining dollars
Baghdad - Ibtihal Al-Arabi
The Central Bank launched the second package of facilities for obtaining dollars, in a measure that the administration promised that it would help stabilize exchange rates. A statement of the bank, which Al-Zaman received yesterday, said that (in addition to what was announced in the first package of facilities provided by the bank to stabilize exchange rates, the second package includes regulating foreign trade financing from China directly and in the Chinese yuan currency through two options. The first: strengthening the balances of local banks. Which have accounts with their Chinese counterparts in the yuan currency and the second option: strengthening the balances of local banks through central accounts to the final beneficiary in the yuan currency through accounts with JP Morgan Bank and the Development Bank in Singapore), and he added that (facilities will be provided for financial transfers to the United States and Europe The same mechanism later, and the documents required to apply for the aforementioned external financial transfers will be:
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