Dr. Sanan Al Shabibi, Governor of the Central Bank, said that the negotiations might yield fruit in form of one or more Gulf banks in Iraq, pointing out that UAE and Gulf investors had shown great concern in benefiting from the tremendous opportunities provided by the Iraqi banking sector.  He said that the Iraqi central bank has invested its $5 billion reserves in external markets, which are considered a basic step for marinating stability of the Iraqi dinar, adding that the movement of the Iraqi currency would depend on the entry or exist of Iraq of foreign currencies.