Thursday, August 15, 2024

"IRAQ IS IN PROCESS OF IMPLEMENTING THEIR OWN DIGITAL BANKING SYSTEM" BY GOLDILOCKS, 15 AUGUST

 GOLDILOCKS

Iraq Law No. 56 of 2004


Iraq is in process of implementing their own digital banking system. They are moving to an electronic system that allows them to move money within their own International Banking System. 


Inside this law is Article 28. Article 28 allows the CBI to buy and sell foreign currency. It can now be done without conditions facilitating finance and international trade.


© Goldilocks 


https://ina.iq/eng/34160-cbi-has-set-up-a-new-system-to-handle-complaints.html

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