Al-Alaq announces the success of negotiations with the American side regarding foreign transfers

Al-Alaq announces the success of negotiations with the American side regarding foreign transfers

5-3-2023

Al-Alaq announces the success of negotiations with the American side regarding foreign transfersInformation / Baghdad..
Central Bank Governor Ali Al-Alaq announced, on Wednesday, the success of negotiations with the American side regarding foreign remittances.
Al-Alaq said in a speech during the “Iraq Forum to Address Corruption and Reform the Financial System”, which was followed by the “Information” agency, that “the negotiations of the Iraqi side with the American side succeeded greatly in the file of foreign remittances for foreign currencies.”
He pointed out that “the rates of bank transfers rose from 50 to 1,300 per day, after opening negotiations with solid international banks.”
On the other hand, the governor of the Central Bank, Ali Al-Alaq, confirmed, on Wednesday, the failure of all plans to reform the Al-Rasheed and Al-Rafidian banks, indicating that the Ministry of Finance’s view of the Al-Rafidian Bank as a simple branch in the ministry caused a disaster.

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