Iraqi Central Bank Accuses Banks Of Fraud Over Hard Currency Sales

Published on Wednesday, 23 May 09:56 am

The Iraqi Central Bank (ICB) accused on 17 May local banks, except Rashid Bank, of fraud over the rate of profit earned from selling hard currency specified by the ICB, adding that the banks turned to buyer and seller instead of being a mediator between the Central Bank and the buyers of foreign currency, reports the local Aknews agency.

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