yota691 Posted July 26, 2015 Report Share Posted July 26, 2015 Central Bank: the low price of the dollar to 1203 dinars By Mohammed Emad 26.07.2015 12:20 | Views: 989 Font size: Brother - Baghdad Central Bank of Iraq, said Sunday, for the low price remittance market in dollars, indicating that the price reached 1203 dinars. The bank said in a brief statement Tlguettlguet for News Agency (et) a copy of it, that "the dollar in Alihulaat market price dropped to 1203 dinars." And it established the Central Bank of Iraq independent bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily for the sale and purchase of foreign currencies sessions except public holidays which stops them Bank for these auctions. 2 Link to comment Share on other sites More sharing options...
SocalDinar Posted July 26, 2015 Report Share Posted July 26, 2015 Thats a pretty good rebound. Nice! I wonder why the THE CBI website shows it at 1225 today. Here is a similar article out today CBI announces decline in the dollar exchange rate in remittances market Sunday, 26 July 2015 13:28 Shafaq News / Central Bank of Iraq (CBI) announced on Sunday a decline in dollar exchange rate in the remittance market in its procedures to stop the decline in the local currency. The bank said in a statement seen by Shafaq News, that "the dollar price in remittances market dropped to 1203 dinars." The dollar price in the domestic market has risen in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 dinars to the dollar during February and 1,200 dinars to the dollar during the end of last year 2014. The Bank has taken in recent weeks, a series of measures to halt the decline of the local currency, including the cancellation of Saturday holiday to sell the dollar sessions to pump more dollars in the market and http://english.shafaaq.com/business/15255-cbi-announces-decline-in-the-dollar-exchange-rate-in-remittances-market.htmlthe abolition of taxes on remittances. Link to comment Share on other sites More sharing options...
yota691 Posted July 26, 2015 Author Report Share Posted July 26, 2015 The central bank announced lower remittance market price in dollars Sunday July 26, 2015 12:02 Alsumaria News / Baghdad said the Iraqi Central Bank, Sunday, for the low price remittance market in dollars, indicating that the price reached 1203 dinars. The bank said in a brief statement received Alsumaria News , that "the dollar in Alihulaat market price dropped to 1203 dinars." Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for the sale and purchase of foreign currencies, except for public holidays on which depends the Bank for these auctions. Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted July 26, 2015 Report Share Posted July 26, 2015 1 1 Link to comment Share on other sites More sharing options...
Officiallytook Posted July 26, 2015 Report Share Posted July 26, 2015 I'm saying 10yrs later... Agreeing 100% with you right now...lol Link to comment Share on other sites More sharing options...
blueskyline Posted July 26, 2015 Report Share Posted July 26, 2015 With the dollar still being strong on the world market . Other emerging market currencies sliding. Just how much does this mean ? Link to comment Share on other sites More sharing options...
Laid Back Posted July 26, 2015 Report Share Posted July 26, 2015 The CBI has been pumping big quantities of dollars into the economy to keep the dinar stable. At the same time is reducing the note count.! Also Private banks have liquidity problems. Moving in the right Direction 1 Link to comment Share on other sites More sharing options...
Reverse-Pumper Posted July 26, 2015 Report Share Posted July 26, 2015 Maybe they just like it this way... Link to comment Share on other sites More sharing options...
davis411 Posted July 26, 2015 Report Share Posted July 26, 2015 Maybe they just like it this way... i know what i like, cant say here this is a family oriented site Link to comment Share on other sites More sharing options...
eburt Posted July 26, 2015 Report Share Posted July 26, 2015 IMO the CBI is a mess. I believe they have no intention on RVing their currency any time soon. What a mess 3 2 Link to comment Share on other sites More sharing options...
Boozer Posted July 26, 2015 Report Share Posted July 26, 2015 eburt Im also starting to think the same thing...Maybe next year or SOON both will never come... 3 Link to comment Share on other sites More sharing options...
"Fred" Posted July 26, 2015 Report Share Posted July 26, 2015 Sounds like some of you need to sell your dinars and move on with your life,it's Iraq,we know nothing happens very quickly there. I'm in til the end and hopefully it will be a happy ending. 1 3 1 Link to comment Share on other sites More sharing options...
Officiallytook Posted July 27, 2015 Report Share Posted July 27, 2015 I'm tired of wait...but not a quitter....long haul Link to comment Share on other sites More sharing options...
sandfly Posted July 27, 2015 Report Share Posted July 27, 2015 THANKS Link to comment Share on other sites More sharing options...
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