Iranian bank governor: The banking exchange between Iraq and Iran is based on the dinar

Editorial date: 2019/4/7 17:21

The Governor of the Central Bank of Iran Abdul Nasser Hamati discussed with Finance Minister Fuad Hussein on Sunday the fields of banking and financial exchange between the two countries, raising the volume of trade between the two sides, balancing exports with imports and ways of repaying the debts of Iran which is in the hands of Iraq.

According to the Iranian websites, Hamati pointed out during the meeting that the aim of this meeting is to follow up the financial and monetary issues and improve the economic and political relations between Iran and Iraq.

He said that the volume of trade between the two countries is currently in an appropriate position and given the floors suitable for both sides, we can by using the new energies to find a balance between exports and imports.

He pointed out that the obstacles to the activity of the branches of Iranian banks in Iraq, stressing that the banking exchange between Iran and Iraq is based on the dinar, and that this issue in fact is the key to strengthen banking relations between the two countries and affect all issues and hence work to resolve the obstacles And facilitate the activity of Iranian banks in Iraq.

Fouad Hussein expressed his satisfaction with his visit to Iran and the growing trade and political relations between the two countries. He said that the trade relations between the two countries are growing and that the idea of balancing foreign trade between Iran and Iraq will serve the two countries and on this basis we look forward to further discussions to reach a new mechanism in this field. .is over

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