The agreement arrangements with Abu Dhabi have ended and the Iraqi banks will deliver dirhams - the Central Bank, 18 nov

 The agreement arrangements with Abu Dhabi have ended and the Iraqi banks will deliver dirhams - the Central Bank

 The official news agency, quoting a source in the Central Bank, said that Iraq has completed the final arrangements related to the agreement with Abu Dhabi Bank, as part of the government’s efforts to control the exchange rate.

The source:

The Central Bank of Iraq finalizes the final arrangements for the agreement with the UAE’s First Abu Dhabi Bank.

It is hoped that the actual implementation of the enhancement operations for Iraqi bank accounts in the UAE dirham will begin next week.

The first phase of reinforcements will include five Iraqi private banks.

The number of banks is expected to double after evaluating the first phase of implementation, which may last for a few weeks. link