Iraq’s Central Bank Denies Changes to Minimum Capital Requirements for Gold Trading Companies

reports claiming that it had issued a decision to reduce the minimum capital requirements for gold trading companies, stressing that no such amendments have been approved.

In a statement, the bank clarified that information circulating on certain media platforms and social media outlets was inaccurate, confirming that it had not issued any decision introducing the reported changes.

The bank urged media organizations to rely on its official platforms for accurate information and to exercise caution when reporting on developments related to the financial and banking sectors.