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CBI Rebuffs Speculation Over Foreign Currency Reserves

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By John Lee. The Central Bank of Iraq (CBI) has stated that its foreign reserves are sufficient to meet all demand for foreign currency, including trade financing, bank card settlements, and travellers' cash requests at the official exchange rate. According to the CBI, the recent rise in the exchange rate on local markets is attributable […] The post CBI Rebuffs Speculation Over Foreign Currency Reserves first appeared on Iraq Business News .

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