Cabinet approves transfer the purchase amount from the IQD to the USD at the CBI

Posted by on Oct 23, 2013 | Leave a Comment

03-09-2013 – 17:41

and the Council of Ministers approved, on Tuesday, to convert the purchase amount from the local currency to the U.S. dollar official exchange rate by the Central Bank of Iraq.

said the General Secretariat of the Council of Ministers in a statement received “Alsumaria News”, a copy of “The Council of Ministers held, Today, its thirty-eighth regular in Baghdad headed by Prime Minister Nuri al-Maliki. ”

The Secretariat explained that “the Council has agreed to transfer the purchase amount from one currency Iraqi dinar currency to the U.S. dollar official exchange rate by the Central Bank of Iraq,” indicating that “the payment will be Under the letter of credit is opened in banks in the country of purchase in the case of direct purchase from the outside when absolutely necessary. “

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