2024-01-25T07:07:56+00:00
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/ A responsible source revealed, on Thursday, that Rafidain Bank has stopped delivering dollars to travelers.
The source told Agency that the halt came for many reasons, most notably the failure to receive the allocated share of the dollar from the Central Bank of Iraq.
He explained that the Central Bank suspended the bank’s share of the dollar, although the bank had directed banks to prepare to meet their requests for the dollar.
The source pointed out that the investigations into the bank’s embezzlement of dollars at the Baghdad International Airport outlet also contributed to the suspension of its share of the dollar.
Last January, the Central Bank of Iraq decided to include banks permitted to participate in the electronic platform and wishing to participate in selling cash dollars for travel, treatment and study purposes.
The bank directed government banks (Rafidain – Rashid – Trade Bank of Iraq TBI) to expand cash dollar sales outlets for travelers at the country’s airports (Baghdad – Basra – Najaf – Erbil – Sulaymaniyah).
It is noteworthy that the Central Bank, in cooperation with the Federal Government, issued strict instructions to limit the smuggling of hard currency out of the country.