Baghdad-Mil
The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market .
The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement received by “Mil”, “The governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank’s efforts in expanding its customer base of importing merchants and the procedures for facilitating their transactions in a way that contributes to achieving stability in the exchange market .”
The Governor of the Central Bank stressed – according to the statement – the need to make efforts to achieve fluidity and provide the best banking services to the bank’s customers .
The governor pointed out that “the Central Bank’s continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market.”
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