Monday, February 07, 2005

Credit Cards To be Used In Iraq

Finance Ministry has decided setting the Credit Card system via the Trade Bank of Iraq within a week. In an interview with As-Sabah, Finnance Minister Dr. Adil Abdel Mehdi said that the Credit Card would be used in some restaurants and transporting companies. He added that it is an Iraqi card with new experiment. On the other hand, the central bank of Iraq has accepted requests of selling US dollar with 1460 Iraqi dinars with the same price of the pre-election period. It is worth mentioning that US dollar has deteriorated during the election days down to 1250 Iraqi dinars.