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Central begins with the opening credits instead of the conversion C
28/05/2012 0:00
BAGHDAD - Al Sabah
said the central bank of Iraq, near the work to open letters of credit has, instead of conversion C of hard currency, noting that this measure will ensure to make sure that the hard currency that are sold to traders not be paid unless there are goods and the hyphen for the country .. The deputy governor of the Bank the appearance of Mohammed, told the Kurdish news agency (Rn) The Central Bank of Iraq will soon open letters of credit rather than transfer of credit, which currently employs. He explained that this measure will enable the central bank to make sure that the hard currency that are sold to traders come against which goods to Iraq. Adding that the bank's move is part of a traditional trade assets is added to the measures recently taken by the Bank to protect the hard currency.
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