Luigi says...
Here's an article of Dinarian interests.
Why would CBI be so concerned about how many De La Rue machines are in the banks?
Treat as a rumor. Not varafied. Your opine.
CBI Memo To All Banks - Later, our letter No. 12/2/3910 dated 8/10/2017 concerning the numbers and types of machines used in banks (head office and branches).
Please update the information on the acquisition of counting and sorting machines so that we can do the necessary. https://cbi.iq/news/view/1123
Hawkish: This has some indication that the CBI is telling all the banks to make sure that the Counting machines are working properly, and they have the required number of these machines, why ??
IMO, maybe because they (the banks) will need to use them more than they usually do in the coming days? expecting a lot of cash to come in (large 3 zero notes), and more cash to go out (LDS) & (NSCN) ?
Looks to me final preparations for the big show that is about to start IMO, CBI wants to make sure that everything will be running smooth with no problems (before, during and after) the RI. All IMO
BillA: Agreed……Added to this is the fact that IMO the companies/Individuals that normally purchase USD via the auctions are holding their IQD’s in anticipation of a rate change in the very near future.
Modern Mechanics )