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[size=41]The Central Bank decides to collect cash deposits in Iraqi dinars[/size]
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Al-Hayat News:
Today, the Central Bank of Iraq took “two urgent decisions” to strengthen the Iraqi dinar’s ability to trade in foreign currencies within the country.
The Central Bank media stated in a statement received by Al-Hayat News that, “All cash insurances will be collected in the dinar currency exclusively for internal credits, bank guarantees, and letters of guarantee issued for the benefit of the beneficiary entities (governmental and private), even if they are in the dollar currency and at the official exchange rate.”
He added, “It was decided that payment of the amounts of letters of guarantee upon confiscation will be made exclusively in the Iraqi dinar currency and at the official exchange rate.”
According to the statement, the Iraqi Central Bank called on “all licensed banks to take the necessary measures in accordance with what was stated above.”
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[size=41]The Central Bank decides to collect cash deposits in Iraqi dinars[/size]
[You must be registered and logged in to see this link.]
less than a minute[/size]
[You must be registered and logged in to see this image.]
Al-Hayat News:
Today, the Central Bank of Iraq took “two urgent decisions” to strengthen the Iraqi dinar’s ability to trade in foreign currencies within the country.
The Central Bank media stated in a statement received by Al-Hayat News that, “All cash insurances will be collected in the dinar currency exclusively for internal credits, bank guarantees, and letters of guarantee issued for the benefit of the beneficiary entities (governmental and private), even if they are in the dollar currency and at the official exchange rate.”
He added, “It was decided that payment of the amounts of letters of guarantee upon confiscation will be made exclusively in the Iraqi dinar currency and at the official exchange rate.”
According to the statement, the Iraqi Central Bank called on “all licensed banks to take the necessary measures in accordance with what was stated above.”
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