Iraqi Central Bank Denies Reduction of Gold Trading Companies' Capital Requirements

The Iraqi Central Bank denied issuing any decision regarding the reduction of capital requirements for gold trading companies, emphasizing the inaccuracy of reports circulated on some media platforms and social networks about this matter. The bank stated in an official release that the information containing figures and details about company classifications and operational requirements is incorrect and was not issued by the bank. It urged media outlets to rely on official information published through its platforms and stressed the importance of accuracy when reporting news related to the financial and banking sector.