On the relationship: Stability of the exchange rate gradually eliminates the black market
The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, the provision of the best banking services to customers, while pointing out the opening of channels in foreign and Arab currencies that achieve stability in the exchange rate and gradually eliminate the black market.
The media advisor of the Trade Bank of Iraq, Aqil Al-Shuwaili, explained in a statement followed by Al-Masry that “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.”
He added that "the Governor of the Central Bank stressed the need to exert efforts to achieve fluidity and provide the best banking services to the bank's customers," noting 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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