The Central Bank of Iraq, on Wednesday, directed all banks not to sell the dollar to their branches in the Kurdistan region.
The document issued by the Central Bank that “based on the House of Representatives Resolution No. 58 in 2017/10/12 on the non-sale of foreign currency to banks operating in the region or have branches in it, the Central Bank confirms commitment to this decision.”
The document stressed that “the failure of any bank to comply with this decision and within one week of its implementation, the bank will be prevented from entering the window selling foreign currency with the Central Bank of Iraq.”


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