90 Days
Source:
اقتصاد
Source: اقتصاد
90 Daysاقتصاد
Source: اقتصاد
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The article concerns the arrival of a new batch of 500 million US dollars to Iraq from the Federal Reserve, to be used in transactions related to travelers and foreign remittances after approval from the Central Bank. This comes within the context of the Central Bank's efforts to regulate the foreign exchange market, which included reducing the permissible spending limit for travelers to 2,000 dollars per month in July 2023, and tightening supervision of external transfers through a modern electronic platform to ensure the fight against money laundering and terrorism financing. The bank also indicated that it continues to strengthen Iraqi banks' dollar reserves, despite imposing restrictions on some institutions accused of money laundering or collaborating with illegal entities, as part of efforts to reform the financial sector and ensure compliance with international standards.
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