The reports did not give more details about plan. The central bank has been taking urgent measures to compensate for a dollar shortage in local markets. The cabinet had approved a currency revaluation earlier this month and set the exchange rate at 1,300 dinars per U.S. dollar, the state news agency reported. (Reporting by Nayera Abdallah; Editing by Frank Jack Daniel)
DUBAI, Feb 22 (Reuters) - Iraq's central bank announced
on Wednesday it plans to regulate foreign trade from China
directly in Yuan as part of a bundle of measures to facilitate
access to foreign currency, state media reported.
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