CBI Refutes Rumors of Lower Capital Requirements for Gold Traders


Baghdad:The Central Bank of Iraq (CBI) has refuted claims circulating on various media platforms and social media regarding a decision to lower the minimum capital requirements for gold trading companies.



According to National Iraqi News Agency, the CBI issued a statement clarifying that the reports about reducing capital requirements are inaccurate. The statement emphasized that no such decision has been made, urging media outlets to verify information through the bank’s official platforms and to maintain precision when reporting on financial and banking matters.