6ly410 Posted June 21, 2020 Report Share Posted June 21, 2020 Tehran: Iraq pays Iran's dues in dinar 09:40 - 20/06/2020 https://www.almaalomah.com/2020/06/20/480667/ The information / Baghdad .. The head of the Iranian-Iraqi Chamber of Commerce Yahya Al-Ishaq announced that, according to a bilateral understanding, Baghdad will pay Tehran’s dues in the Iraqi dinar. Al-Ishaq said that the two sides agreed to pay Tehran’s dues in various currencies, especially the dinar, and that the Iraqi side expressed full preparedness in this aspect. He pointed out that Iran's exports to this neighboring country ranged between 8 to 12 billion dollars annually, part of which belongs to the Ministry of Energy, and although oil makes up the majority of Iraqi exports and is denominated in dollars, America has imposed restrictions on Iraq with regard to dollar transfers. The Ishaq family, however, added that the Iraqi dinar is not among the international currencies that can be bought anywhere, in exchange, foreign currency must be provided for Iran's import of basic commodities, especially medical medicines. He indicated that the dinar currency will be granted to activists who can import basic commodities such as medicines and raw materials into the country, as licenses will be given to financial institutions, money changers and activists who can convert the dinar and replace it with other currencies to cover imports. He pointed out that engineering goods and services account for 90 percent of the $ 12 billion in Iranian exports to the neighboring country. Ended / 25 1 2 2 Quote Link to comment Share on other sites More sharing options...
3n1 Posted June 21, 2020 Report Share Posted June 21, 2020 2 hours ago, 6ly410 said: the Iraqi dinar is not among the international currencies that can be bought anywhere, no worries switching it out thru the cbi auctions will be no problem for iran ... business as usual . thanks 6ly410 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 21, 2020 Report Share Posted June 21, 2020 Hmmmm...not for long will have real value 3 Quote Link to comment Share on other sites More sharing options...
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