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diff source ~ BIS To Accept Additional Deposits From Iraq

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tlm724

tlm724
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BIS To Accept Additional Deposits From Iraq

Posted on 26 December 2013

The Central Bank of Iraq announced on Sunday that it has received a memo from the Bank of International Settlements (BIS) in Basel Switzerland announcing that it will accept more deposits from Iraq.

“This procedure will contribute in increasing Iraq’s money revenues after keeping it in a very secure location,” the Central Bank explained.

The BIS is an international organization for central banks aiming to strengthen monetary and financial cooperation worldwide.

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