The Central Bank of Iraq revoked the licenses of Al-Rawajeb, Saba and Al-Nitaq, which operate as intermediaries in the sale and purchase of foreign currencies, for violating the 2022 controls governing exchange companies and foreign currency brokerage firms.
2026-07-06Central Bank of Iraq
Central Bank of Iraq revokes licenses of three foreign currency brokerage companies for breaching 2022 operating rules
The Central Bank of Iraq revoked the licenses of Al-Rawajeb, Saba and Al-Nitaq for violating the 2022 rules governing exchange companies and foreign currency brokerage activities.