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.
Central Bank of Iraq2026-07-06
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.