Central Bank: Directive regarding the exchange rate for old and new editions of the dollar
The Central Bank of Iraq directed all banks and financial institutions on Monday to cease the practice of discriminating between older and newer dollar exchange rates. In a statement, the bank emphasized the importance of eliminating this practice. It also stressed the need for all banks and financial institutions to adhere to the regulations governing the handling and exchange of banknotes, in accordance with the established standards for foreign currency.
He also pointed out that “the applicable laws, regulations, and controls do not discriminate between different editions of the US dollar.” He emphasized that “the bank continues to receive and process these editions through all licensed banks, provided they meet internationally and locally approved standards and controls.”
Burathanews.com