Rasheed announces processing citizens in foreign currency through ten of its branches in Baghdad

BAGHDAD / obelisk: The Director General Rasheed Bank Kadhum Mohammed fistula, Sunday, for the processing of citizens across ten dollars of bank branches in Baghdad from Monday.

The fistula for "obelisk", "The Rasheed Bank secured full approvals for direct selling dollar for citizens from Monday per April and according to the terms and conditions set by the Central Bank of Iraq," noting that "the central allowed to Rasheed Bank to sell the dollar across ten of its branches in Baghdad. "

He added that "the citizen per According recommendations the central bank will have the right to purchase five thousand dollars from good week one after escort paperwork," adding that "the move is to give the Iraqi citizens greater flexibility in obtaining foreign currency and reduce congestion on the ports currently available to sell the currency. "

The Iraqi market has witnessed a major upheaval for weeks in the price of the U.S. dollar against the Iraqi dinar as the sale price of one dollar to 1280 dinars.


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