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New CBI announcement 02/17/2014


yota691
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  • Central Bank of Iraq continue to accept applications for all banks provided a window to the sale of foreign currency including banks that did not report their capital reduction Aladty 

    17/02/2014

no copy or paste

 

What exactly does this say in English?

Applications for all banks.... What type of application?

Provided a window.... What type of window?

to the sale of foreign currency.... I take it this is foreign currency trading.

including banks that did not report their capital reduction...  What capital reduction are they referring to?

 

 

Ambiguous at best.

 

Somebody like the janitor not get his name in the news lately?

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What exactly does this say in English?

Applications for all banks.... What type of application?

Provided a window.... What type of window?

to the sale of foreign currency.... I take it this is foreign currency trading.

including banks that did not report their capital reduction...  What capital reduction are they referring to?

 

 

Ambiguous at best.

 

Somebody like the janitor not get his name in the news lately?

FROM MY EXPERIENCE:

 

"Application to" = A call too

"Provided a window" = within a certain amount of time; ex; one week, two weeks, etc.

"capital reduction" = holdings of capital, and I believe in this context it means currency reduction 

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What do you think the deletion of three zeros from the Iraqi currency?  

 

Step in the right direction 75% - [2633]

 

Wrong move 12% - [420]

 

Something that will not affect 12.7% - [443]  

 

Total votes 3496

 

 

http://www.dananernews.com/News_Details.php?ID=4468

 

Now if only they'd just do it, for crying out loud!!

      
Edited by TBomb
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I remember reading about the old Kuwait dinar on a Kuwait central bank law link

They had an exchange period for I think a year

But then they could exchange them for up to 10 years at the cash window of the Kuwait central bank after that 10 years the old Kuwait dinar was demonetized

I don't think they are talking about that kind if window maybe some type of time frame

But who knows the translations are sometimes misleading

Or an opertunity for a time period a window of opertunity todo something that was over looked or over due

FROM MY EXPERIENCE: "Application to" = A call too"Provided a window" = within a certain amount of time; ex; one week, two weeks, etc."capital reduction" = holdings of capital, and I believe in this context it means currency reduction

.

Ya I agree

Edited by dontlop
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