With the help of Iraq .. Iran announces the solution of one of its biggest financial problems
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With the help of Iraq .. Iran announces the solution of one of its biggest financial problems
Admin Wed Feb 06, 2019 11:01 am
2019/02/06 17:36
(Encyclopedia of this day news) -
"Iranian banks are now able to open their assets in Iraqi banks and deal with them in the currency of the dinar and the euro," the governor of the Central Bank of Iran, Abdul-Nasser Hamati, said that Iranian exporters can now carry out their business and conduct banking transactions through Iraqi banks.
"The United States has sought through two phases of severe sanctions," said Hamati, who met with the heads of Iraqi banks, members of chambers of commerce and a number of Iraqi economic activists.
Iran, to provoke chaos on the Iranian street by weakening the Iranian currency, but did not succeed in that, as I was able to control the currency market and reduce inflation.
"He pointed to the agreements reached between the Iraqi and Iranian parties, describing banking relations is the key to develop relations Economic ties between the two sides.
He also pointed to the determination of officials in both Iran and Iraq to expand relations at various levels between the two countries and support Iraqi Prime Minister Adel Abdul Mahdi of the ongoing talks between Iran and Iraq and the agreements concluded in the framework of strengthening bilateral relations.
The central bank governor said that Iraq is Iran's largest and most important partner.
"According to the agreements, Iranian exporters can conduct their trade activities through Iraqi banks, as the Iranian banks can open balances of dinars in Iraqi banks, and stressed that the agreements concluded in addition to the support shown by the Iraqi Prime Minister, is expected to become relations between the two parties stronger than before, leading to the strengthening of relations "He added that Iraqi companies also can open assets in Iranian banks and conduct banking transactions in dinars.
The head of the Rashid Bank of Iraq to establish a division of this bank in Iran, considering that this will play an important role in bilateral trade relations, The central Iranian this proposal, describing that the establishment of branches of Iraqi banks in Iran helps to facilitate transactions and expand agreements between the two sides.
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(Encyclopedia of this day news) -
"Iranian banks are now able to open their assets in Iraqi banks and deal with them in the currency of the dinar and the euro," the governor of the Central Bank of Iran, Abdul-Nasser Hamati, said that Iranian exporters can now carry out their business and conduct banking transactions through Iraqi banks.
"The United States has sought through two phases of severe sanctions," said Hamati, who met with the heads of Iraqi banks, members of chambers of commerce and a number of Iraqi economic activists.
Iran, to provoke chaos on the Iranian street by weakening the Iranian currency, but did not succeed in that, as I was able to control the currency market and reduce inflation.
"He pointed to the agreements reached between the Iraqi and Iranian parties, describing banking relations is the key to develop relations Economic ties between the two sides.
He also pointed to the determination of officials in both Iran and Iraq to expand relations at various levels between the two countries and support Iraqi Prime Minister Adel Abdul Mahdi of the ongoing talks between Iran and Iraq and the agreements concluded in the framework of strengthening bilateral relations.
The central bank governor said that Iraq is Iran's largest and most important partner.
"According to the agreements, Iranian exporters can conduct their trade activities through Iraqi banks, as the Iranian banks can open balances of dinars in Iraqi banks, and stressed that the agreements concluded in addition to the support shown by the Iraqi Prime Minister, is expected to become relations between the two parties stronger than before, leading to the strengthening of relations "He added that Iraqi companies also can open assets in Iranian banks and conduct banking transactions in dinars.
The head of the Rashid Bank of Iraq to establish a division of this bank in Iran, considering that this will play an important role in bilateral trade relations, The central Iranian this proposal, describing that the establishment of branches of Iraqi banks in Iran helps to facilitate transactions and expand agreements between the two sides.
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