Central Bank sets a new mechanism for the sale of foreign currency
Saturday February 21.2015
Baghdad: Iraqi Central Bank announced on Saturday, stop working for ERA Bank and the adoption of the banking system as being responsible for foreign remittances, and starting on Sunday.
The governor of the Bank press statement, that "starting on Sunday, June 22, will be the banking system is responsible for foreign remittances."
The governor explained, "It is not true that the central bank remains preoccupied with selling the currency like ATM daily."
Governor also pointed to "direct the preparation of a feasibility study showing the deletion of zeros at this stage."
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Saturday February 21.2015
Baghdad: Iraqi Central Bank announced on Saturday, stop working for ERA Bank and the adoption of the banking system as being responsible for foreign remittances, and starting on Sunday.
The governor of the Bank press statement, that "starting on Sunday, June 22, will be the banking system is responsible for foreign remittances."
The governor explained, "It is not true that the central bank remains preoccupied with selling the currency like ATM daily."
Governor also pointed to "direct the preparation of a feasibility study showing the deletion of zeros at this stage."
[You must be registered and logged in to see this link.]