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Podcast: My FX Buddies
Episode: Al-Alaq: Our critical position is very excellent
Description: Al-Alaq: Our critical position is very excellent
link to My FX Buddies Blog
Al-Alaq announced the Central Bank's success in implementing the transition plan for "foreign transfers, in line with international practices and standards, and that it is currently taking place smoothly and transparently - especially covering imports at the official exchange rate - which leads to general stability in prices." Regarding the (Riyada) Bank, the Governor of the Central Bank said: "The (Riyada) Bank will be contributed by Iraqi banks and supported by the Central Bank itself in order to diversify the production base...