After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings
After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings
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Iraq is approaching the end of the closure of the dollar selling window at the Central Bank - which has been controversial - over the past two decades.
The Central Bank's management plans to gradually cancel the dollar auction during the year 2024, leading to its complete cancellation by the end of the year, and to maintain it for audit and statistical purposes, in an effort to enable Iraqi banks to establish and establish solid banking relationships with the…
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