Central Bank obliges all banks to work on the electronic platform to obtain dollars

Shafaq News / The Central Bank of Iraq obliged, on Sunday, to directives to licensed banks, exchange companies, and mediation companies to buy and sell foreign currency, to apply through the electronic platform to obtain their determined share of the foreign currency, the “dollar”.

According to a document issued by the Iraqi Central Bank, seen by Shafaq News Agency; It stated, “The electronic platform for the cash sale of foreign currency (FITR) must be approved, as of Monday, corresponding to 20/2/2023.”

The document added that “the bank or company that does not use the aforementioned platform will be denied access to its weekly share of cash (dollars).”

Shafaq.com