New details about the Iraqi-American agreement regarding the dollar and the inclusion of 10 banks by enhancing their balances
Shafaq News / An Iraqi government source revealed, on Sunday, new details regarding foreign transfers and enhancing bank balances in dollars.
The official Iraqi News Agency quoted the source as saying, “In light of the recent meetings of the Central Bank with the American side, the number of banks that can directly boost their dollar balance has become ten banks, five through Citibank and five other banks other than the first through Citibank.” JP Morgan.
The source pointed out that “the number of banks whose balances in Chinese yuan will be enhanced through the Singapore Development Bank will become 13 banks.”
The source added, “Two banks will have their Indian rupee accounts with the Singapore Development Bank increased, and other banks will be added during the next two weeks.”
Yesterday, Saturday, a government source revealed that intensive meetings took place during the past few days in Abu Dhabi between a delegation from the Central Bank of Iraq and the American side responsible for foreign transfer operations to cover imports, indicating that the negotiations culminated in a number of decisions and mechanisms that contribute to facilitating special procedures. External transfers related to imports through the foreign currency sales window.