Iraq introduces new Euro-Based Transfer Mechanism

Last Update: 2024-10-07 03:05:27 - Source: Iraq Business News

By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with Turkish Ambassador Anil Bora Inan and representatives of Turkish banks operating in Iraq to discuss a newly implemented financial transfer mechanism. The new system, which operates in euros and is executed through Turkish banks, aims to streamline and […]

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