Exchange companies reject a decision of the Central Bank of Iraq

Exchange companies reject a decision of the Central Bank of Iraq

Sat, 20 Oct 2018 14:04:37

Exchange companies reject a decision of the Central Bank of IraqThe service institution of exchange companies held on Saturday a seminar on the decision of the Central Bank of Iraq to merge the exchange companies.

The seminar was held this evening at a hall in the Babylon Hotel in the center of the capital Baghdad, with the participation of specialists in the financial and economic and owners of exchange companies.

The owners of exchange companies during the symposium rejected the decision of the Central Bank to merge 10 companies in one company for the purpose of controlling the work of these companies and control.

The Central Bank of Iraq has called mid-October companies to mediate the sale and purchase of foreign currency to merge to form a single banking institution, based on the Companies Law No. (21) for the year 1997 amended.

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