The Central Bank decides to use only the local currency at ATMs
Economy News _ Baghdad… Today, the Central Bank decided to use the local currency only in ATMs.
The bank said in a statement received by “Al-Iqtisad News”, that “based on the decision of the Council of Ministers and in light of the policy of the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions, it was decided that the electronic financial services provided within Iraq through (automated teller machines, point-of-sale devices, electronic payment gateway) in the Iraqi dinar.
It is noteworthy that the automatic teller machines use the denominations of Iraqi dinars and dollars in withdrawal operations for citizens.