Thread: Archive News - Iraqi Dinar Think Tank - 08/09/09 - 09/01/10

Central Bank of Iraq excludes the restraining of dealings in foreign currency

Iraq's central bank denied the allegation that the rumors about his intention to restrict foreign exchange transactions and foreign currency.

The agency said the national news agency said an official source at the bank said that the aim of the airing of these rumors to achieve selfish gains for some speculators and damage the stability of the national economy.

The source added that the freedom of foreign exchange is a pillar of the economic rights of citizens guaranteed by law and consistent with the objectives of monetary policy to impose stability and promote development and economic well-being, provided it does not intersect with the law on combating money laundering and criminal proceeds and terrorism financing.

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