The Central Bank of Iraq issues a decision to increase dollar financing for banks and companies for travel purposes

The Central Bank of Iraq issues a decision to increase dollar financing for banks and companies for travel purposes

2024-12-30

The Central Bank of Iraq issues a decision to increase dollar financing for banks and companies for travel purposesThe Central Bank of Iraq has decided to increase the dollar financing for banks and companies for the purpose of travel in order to avoid increased demand and prevent the dollar from rising. A document issued by the Issuance and Treasury Department, according to Al-Sumaria Channel, clarified that requests for cash dollar financing for travelers through banks and companies who have not completed the sale of half of the amounts from the last share they received, instead of the condition of selling 80% of it, will be accepted during today and tomorrow, Tuesday, in a step that ensures the provision of dollars in large quantities with the possibility of an increase in demand for the purpose of travel.

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