Baghdad Today – Baghdad
An official source at the Central Bank of Iraq, on Thursday (February 20, 2025), denied issuing instructions to prevent the delivery of citizens of any amount in hard currency from banks.
The source confirmed, in a statement to Baghdad Al-Youm, that “talking about issuing instructions from the Central Bank to prevent the delivery of any amount in hard currency, is incorrect,” pointing out that there is no shortage of hard currency, especially the dollar, and that citizens receive their money naturally.
The source, who asked not to be named, added that “the process of depositing citizens for their money, whether in dollars or local currency, continues on a daily basis in government banks and others, and there are no fears of a shortage in the dollar treasury in Iraqi banks during the next phase.”
This denial comes from the central bank amid rumors about imposing restrictions on the delivery of the dollar to citizens, in light of the economic challenges facing the country.
The market has been witnessing a fluctuation in the exchange rate of the dollar against the dinar for some time, which has raised fears among citizens and traders about the possibility of imposing restrictions on transactions in dollars.
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