‘No official authorization yet for dollar exchange services’, says Erbil Airport Director
KurdistanErbil International AirportAhmed HoshyarEIA Director GeneralDollar ExchangeCentral Bank of IraqTBI
ERBIL (Kurdistan24) – Ahmed Hoshyar, Director General of Erbil International Airport, exclusively told Kurdistan24 on Sunday, that while the Central Bank of Iraq has approved Trade Bank of Iraq (TBI) to open a currency exchange office at the airport, “we have not received any official documentation authorizing the opening of any bank office or the sale of dollars at 132,000 dinars to travelers.”
Background on TBI Announcement
On Saturday, TBI announced plans to open dollar exchange centers at both Erbil and Sulaimani airports, offering 24/7 service.
The bank stated that travelers must pre-deposit Iraqi dinars at TBI branches in Mosul, Erbil, Sulaimani, or Duhok before accessing these services.
Current Policy Context
The Central Bank of Iraq initiated a program on July 14, 2024, allowing travelers to purchase dollars at Iraqi airports, though this service has not yet been implemented in Erbil or Sulaimani. Under the policy:
– Travelers over 18 can purchase up to $3,000
– Exchange rate: 132,000 dinars per $100
– 15,000 dinar service fee per transaction
– Restrictions apply for travel to countries under U.S. sanctions
Kurdistan24.net
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