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Laid Back

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Everything posted by Laid Back

  1. CBI is tightening monetary policy to prevent corruption, terrorist financing and money laundering. This is the reason why the dinar is reaching 1500 per dollar Go CBI Go new monetary policy Go stronger dinar
  2. “the rise in dollar prices came as a result of the bank's recent measures to suspend 4 banks from entering the currency auction due to US sanctions and also to warnings to 14 other banks in Iraq suspected of dealing in money laundering activities."He added that "as a result, the sales of the Central Bank during the past weeks decreased by a large percentage of more than 50% from the rate of sales in the past months, and these measures led to the scarcity of dollars in the markets." from us, causing them to rise in the black markets by 2-3%.” Go CBI Go new monetary policy Go stronger dinar
  3. “the meeting, on its first day, will focus on major policy challenges." "The mission's meeting with the Central Bank of Iraq aims to develop work in the banking sector in Iraq, especially as it has gained international confidence and enhanced financial inclusion, as well as strengthening global monetary cooperation and ensuring financial stability." The meeting between CBI and IMF could bring positive changes to Iraq. Go Iraq 🇮🇶 Go open market economy Go stronger dinar
  4. Sooner than later they will have to remove exchange control and let the dinar be subject to the forces of supply and demand. Go open market economy Go supply and demand Go dinar real price
  5. - Cash Reserves $87 billion dollars. - Gold Reserves 130 Tons. - Oil Price $87.24 Seated government + Security and Stability = Golden opportunity to reduce the exchange rate of the dollar.
  6. I see Progress >>> The Egmont Group recognizes that financial intelligence sharing is of paramount importance and has become the cornerstone of international efforts to counter money laundering, terrorist financing, and associated predicate offences. Financial intelligence units (FIUs) are required by international standards to exchange information and engage in international cooperation. The Egmont Group membership affirms accession to the standards set out in the 2012 revised Financial Action Task Force (FATF) . CBI continues moving towards an Open Market Economy.
  7. I see Progress. Go Iraq Go economic growth Go stronger Dinar
  8. It is interesting that the CBI has to put out a news article to settle the controversy over the exchange rate. Where there's smoke there's fire. Some day they will have to do it.... We wait.
  9. ISO 9001:2015 specifies requirements for a quality management system when an organization: a) needs to demonstrate its ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements, and b) aims to enhance customer satisfaction through the effective application of the system, including processes for improvement of the system and the assurance of conformity to customer and applicable statutory and regulatory requirements. All the requirements of ISO 9001:2015 are generic and are intended to be applicable to any organization, regardless of its type or size, or the products and services it provides. A strong quality management system is essential for the success of your business. In an increasingly competitive market, ISO 9001 certification is a necessary tool for conducting domestic and global business CBI continues moving towards an open market economy.
  10. "We are working on a new currency, a category of 20 thousand dinars, after studies in order to keep pace with the requirements and to match the neighboring countries," adding, "We will start announcing the new category after completing its requirements." I was thinking what will happen with the 25k note if they print the 20k note to match neighboring countries? Maybe it will be take out of circulation. I hope not, because the majority of my notes are 25K We wait and see.
  11. "The requirements and proposals on this subject, which were submitted by some international banks, are currently being studied for the purpose of opening accounts for Iraqi banks and opening new horizons for international cooperation." CBI continues moving towards and open market economy. Go CBI Go international Banking Go international recognized IQD
  12. “We are currently working on the design of a new coin of 20,000 dinars , after a series of practical studies to unify the Iraqi currency, and will be launched to announce it after the completion of its future printing.” "currentlythere is no intention of the central bank to change the exchange rate." Option 1: This article is BS. They’re just trying to scare currency speculators. Option 2: This article is Real. Forget about the dinar revaluation in the near future. 50/50 Chance.
  13. Pointing out that the central bank's reserve has now reached $90 billion. Gold Reserve 130 Tons Go Iraq Go Reserves Go Stronger Dinar
  14. In countries like China and North Korea, public officials have been executed or may face death for corruption and other related crimes like bribery. It should be the same worldwide.
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