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Iraqi Central Bank Denies Reduction of Capital Requirements for Gold Trading Firms

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Rafidayn 24 News Editorial Team Oct 31, 2026
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Iraqi Central Bank Denies Reduction of Capital Requirements for Gold Trading Firms

The Iraqi Central Bank denied today, Saturday, issuing any decision regarding the reduction of capital requirements for gold trading companies. The bank clarified in an official statement that the information circulated on some media platforms and social media about lowering the minimum capital for these companies is incorrect, noting that the news containing figures and details about the classification of these companies and their operational requirements is unfounded. The bank emphasized that the published information on this matter did not originate from it, urging media outlets to rely on official statements issued by the bank and to verify the accuracy of news related to the financial and banking sector before publication.