Owners of banking companies are calling for an amendment to the Central Bank of Iraq’s policy in the currency auction

Owners of banking companies are calling for an amendment to the Central Bank of Iraq’s policy in the currency auction

2023-07-03 01:34

Owners of banking companies are calling for an amendment to the Central Bank of Iraqs policy in the currency auctionShafaq News/ Dozens of owners of banking companies demonstrated in Baghdad, on Monday, to protest against the Central Bank of Iraq’s policy of selling dollars in the daily auction.

Shafaq News Agency reporter stated that the owners of exchange companies gathered in front of the Central Bank building in the center of the capital, Baghdad, demanding the stability of the dollar exchange rate, and not limiting its sale to travelers, as this contributes to the smuggling of hard currency outside Iraq.

The demonstrators also called for the implementation of Law No. 56 of 2004, which gives the Central Bank exclusive power to supervise and inspect its financial institutions.

shafaq.com