Central Bank: 5 thousand dollars just for travelers outside Iraq

Central Bank: 5 thousand dollars just for travelers outside Iraq

The time on Friday, 05 October 2012 07:43

Baghdad / Orr News

Iraqi central bank decided not to allow citizens to travel outside Iraq to bring the cash more than 5 thousand dollars. The central bank adviser said the appearance of Mohammed Saleh, said that the bank and within the work of the new procedures for the organization treated the commercial market and monetary Baghdad and the provinces issued a circular to all government and private banks to grant Iraqi citizens cash when you change the local currency into foreign currencies other for the purposes of travel and tourism and pilgrimage and treatment outside the country by giving them $ 5 Thousands of dollars only when you change currency and without collateral taken from citizens who wish to change their local currencies. Saleh added that the central bank also decided to double the quota weekly to these banks to about $ 4 million for the purposes of covering spaces change the currency for travelers and without collateral and complications when changing currency in order to expand the deal market and give the flexibility and wide freedom of dealing with citizens and facilitate their affairs, as well as doubling the amount of dollar cash for the purposes of travel and tourism and pilgrimage and treatment, as any citizen can now get the 5 thousand dollars when discharges from the local currency into foreign as Iraqi nationality and has the paperwork, and in the context of efforts to reduce the rate of speculation and facilitate procedures for citizens.
Source: uragency