Pilgrims to Iraq to Receive IQD Soon

Pilgrims to Iraq to Receive IQD Soon Pilgrims to Iraq to Receive IQD Soon

Iranian pilgrims to Iraq have to make their religious journey without any officially provided cash in foreign currency for the time being until the authorized banks manage to offer Iraqi dinar banknotes, a senior official with the Hajj and Pilgrimage Organization said. 
As per the new forex regulations, pilgrims to Iraq can receive up to 250,000 Iraqi dinars from Tejarat and Parsian Banks by presenting HPO-approved documents, ISNA reported. 
However, the two banks do not yet have the infrastructure for the distribution of Iraqi dinar (IQD). Therefore, no foreign currency is given to pilgrims for now, according to Morteza Aqaei, director for shrines at the HPO.
The official explained that since offering foreign currency to pilgrims at border points or airports was not feasible due to their large number, the two banks were tasked to provide the service. 
"We have had several sessions with the banks' authorities to make the necessary arrangements," he said, adding that his office is pursuing to accelerate the process of supplying Iraqi dinar. 


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