CBI News 01/03/2018

[Floridian]

4 hours ago, dinardiggerisme said:

100 million Dinars as insurance deposit? Thats about enough money to buy the nicest truck at the Ford house....not much money for a bank.

 

Right!  It's roughly $86,000.  Not so much.....unless?????  

[Floridian]

3 hours ago, DinarThug said:

 

What If They Raise The Value On That 100 Million Dinar ?  

 

     

 

Yes, I think that's it!  

[DinarThug]

(by don961)

The central bank imposes a new condition on brokerage firms to sell currencies

 

1/3/2018 5:32:16 AM
 
BAGHDAD (Reuters) - The Central Bank of Iraq (CBE) on Wednesday (January 3, 2018) issued a new condition for brokerage firms to sell and buy foreign currency to continue to enter the currency sale window.
"It is decided that you will deposit 100 million dinars in the insurance account with the Central Bank instead of letters of guarantee by informing the payment system of the amount mentioned from the bank account that your companies deal with in favor of the Central Bank," the bank said in a statement. To the Board of Directors Resolution No. 55 on 25 December last. " 
The bank added that "the last period to complete the deposit is on 31 January." 
The bank has set new conditions and instructions on banks and brokerage companies to enter the currency sale window to prevent corruption and trading in hard currency. 
link

[DinarThug]

The Iraqi banking system .. A corrupt environment .. cowardly!

03-01-2018 02:20 PM
 

I wanted to open this subject in a new program prepared for him in the channel 'Ntr Arab' but decided to talk about it and urged all colleagues in the television programs and the Iraqi media talk about him as part of our moral and national duty and also our defense as media on the right of citizens and the rights of media organizations. 

The network of Iraqi government and private banks failed to achieve any progress in the Iraqi banking system and also in the banking culture of the people. 

And the failure of the wrong policies made by all parties, including the Central Bank of Iraq. 

We believe that the role of the central bank at this stage is to spread the banking culture and encourage the use of banks for the purposes of withdrawing the huge currency in Iraq through the smart cards and Visa card systems and the dissemination of the use of bank deposits and instruments in exchange for currency in all walks of life from restaurants to shops to all transactions Commercial. We are the case of all the countries of the world. 

But the central bank and the government's financial policies are based on a cowardly bureaucratic system, hiding behind the corruption of a perspective that is expressed on a daily basis 'currency auction - controversial' that 'spoiled Iraqi banks' civil and government and around them to shops to smuggle the currency instead of withdrawing from the market. 

When the function of dozens of banks and Iraqi and foreign companies operating in Iraq is 'currency auction' will not be among its duties or priorities, the dissemination of banking culture or withdraw the paper currency from the market or encourage the dissemination of financial mechanization, because it is not interested in it and do not want to occupy itself with this issue. 

"We demand as citizens and media that the Iraqi parliament to issue a new law on the work of banks in Iraq includes the allocation of 5 percent of the money traded in the auction of currency for the purpose of raising awareness of the bank through awareness campaigns by the same banks through the media, and encourage automation in the financial circulation in Iraq Through the purchase of trading devices and distributed free of charge to shops, malls, restaurants, etc.). 

We have an integrated social interest as media in forcing Iraqi banks and banking companies to play their role in the community. 

As you know that the ads of banks constitute the essence of the funding of many media in the region and the world through advertising awareness and promotion and competition between banks to provide services, but in Iraq, the government banks are interested in the announcement and the dissemination of awareness and the private banks, the government and the parliament .. And everyone turns Iraq into A large office, with billions of dollars a year running away. 

We say this because we are talking about a just cause, since the continued bleeding of Iraq's money in the currency auction should force the beneficiaries to provide services to encourage people to restore confidence in the banking system and withdraw the cash currency from the market and exchange it in electronic currency .. I did not invent duties for anyone .. The duty of the State directly to all parties.

[DinarThug]

Central Bank and securing the bridges of finance in Iraq

Dr.. Haidar Hussein Al-Tohma   294  2018-01-03

 

 

 

 

The financial crisis caused by the collapse of crude oil prices in mid-2014 has forced the Central Bank of Iraq to adopt new approaches that reveal multi-purpose dimensions and tasks in response to the challenges facing the Iraqi economy on the one hand and in line with developments in global central banking on the other. The goal of achieving price stability, by preserving the value of the Iraqi dinar, is the list of the central bank's tasks with the need to secure a stable financial system based on competition and focus on promoting development efforts, generating employment and achieving economic prosperity through soft loans programs aimed at financing small and medium enterprises Stimulate the real sector and rebuild infrastructure.

It notes the tendency of monetary authority to move the economic sectors through the provision of suitable sources of funding that limit the slide of the economy of the country into economic stagnation by securing bridges to finance infrastructure projects and the development of the private sector. In this context, the Central Bank recently launched a "joint lending fund" with a capital of 500 billion dinars can be increased and with the mandatory participation of all commercial banks, each contribute to the capital of the Fund by 4 billion dinars. The new fund aims to finance infrastructure projects from the capital of commercial banks, as a result of the challenges facing the Iraqi economy because of the security situation and weak guarantees provided by public and private projects.
The idea of setting up the fund was put forward years ago, but the entry of the central bank to implement it now will increase the momentum and strength of lending to these projects, provided that the lending process is removed from brokers, brokers and government bureaucracy. Central banks, the private sector, economic and financial experts, to ensure new lending methods and streamlined financing without complications, bureaucracy and blackmail.

The issue of managing the Lending Fund is very important. The Central Bank has previously allocated five trillion dinars to the industrial sector, agriculture and housing, and has not been reflected in the Iraqi economy at the expected level, especially in the industrial sector, due to weak implementation tools.

Future tracks of monetary policy trends

The stability of price levels is a major objective of central bank activities in various countries of the world. In developing countries, monetary authority plays other roles aimed at developing the banking sector and adopting sound policies to raise economic growth and stability and generate jobs for those seeking it.

In Iraq, the central bank has succeeded in stabilizing prices to stimulate investment and the private sector, move the economic development process, and raise the living standards of the middle and poor classes in the country.But structural imbalances, the unilateralism of the Iraqi economy, oil price shocks and the war on Dahesh have lost many of the economic start-ups and hampered the government's efforts to boost stagnant economic development for decades.

The latest measures by the Central Bank of Iraq to redesign monetary policy in the context of financial stability and the protection of the financial system and stimulate economic growth, in addition to the usual goals of maintaining the value of the Iraqi dinar, by linking the Iraqi dinar to the dollar to support economic stability and balance of payments. And to ensure the level of adequacy of foreign exchange reserves despite the challenges of sharp decline in dollar revenues left by the decline in oil prices.

However, caution should be taken of the multiple risks that may be generated by the current monetary policy, most notably the central bank's approach to price stability through the foreign exchange auction and the suspicion of corruption and financial waste. As the central bank realizes this challenge, new mechanisms should be seriously explored to ensure that traders and the family sector are in need of the dollar without going through the corruption rings that dominate the currency auction at the moment.

For example, the CBI can set up a national bank with foreign branches covering most of the countries where the Iraqi economy is exposed to securing its commodity needs. On the other hand, it should be noted that the involvement of most commercial banks in the auction currency for quick gains has disabled the main function of these banks as bridges to finance development and investment. This section needs a careful review by the Central Bank to find appropriate mechanisms to reactivate the functions of commercial banks.

The other challenge is the recurrent funding of budget deficits through advances, loans and direct purchases of public debt securities. Despite the positive role in the past years in helping the government's efforts to ward off the danger of raising the national economy from the acute part of the crisis, the continuation of the central bank to play the role of financier of difficult deficits under the pretext of cooperation and coordination between fiscal and monetary policies may turn those roles into a practice difficult to repudiate them In the future, especially with the worsening rates of public debt and the failure of government efforts to raise non-oil revenues commensurate with the decline of oil revenues.

Finally, it should be noted that the CBE's initiatives to revive the national economy, through lending and financing programs, have witnessed many loopholes and problematic conditions, which again draw attention to the dilemma of planning, implementation and financial and administrative corruption, as well as the bureaucracy and routine of the lending process. Tough needs to be dismantled and processed by the CBI.

link

[DinarThug]

FEDERAL FINANCIAL CONTROL BUREAU LAUNCHES THE STRATEGIC PLAN FOR THE YEARS 2018-2022

The Federal Financial Control Bureau has launched its strategic plan for the next phase 2018-2022.

This plan comes within the framework of the continuous efforts of the Office to promote integrity in the public sector and the adoption of modern methodologies in the audit, while keeping pace with the procedures of improvement in the quality of the supervisory work carried out, in order to achieve the ultimate objective which aims to make a difference in the life of the citizen.

The preparation of the draft was the plan which was started to develop the general frameworks for them in late 2016 by the team of the strategic plan, which is composed in the bureau after studying and analyzing the implementation of the previous strategic plan (2013-2017) and the experience of the supervisory bodies and the criteria adopted in the preparation of the strategic plans This was followed by a review of audit departments' views to reach a strategic vision to determine the priorities of the supervisory work and the objectives to be achieved through the investment of professional capacities to implement the projects before they were finally approved by the Federal Financial Supervisory Board.

The plan included the formulation of sub-targets consistent with each main objective, which in turn translates into projects and action plans, taking into consideration the prevailing working environment, with all the challenges and encouragement factors.

The objectives were as follows:

Strategic Objective I (Promoting Integrity and Transparency Principles).

The second strategic objective (strengthening the status of the Diwan in its vicinity).

Strategic Objective III (Adoption of modern methods and methodologies in auditing and auditing).

Strategic Goal 4 (Ensuring Excellence and Quality in Regulatory Action).

Strategic Objective V (Institutional Capacity Development).

Strategic Objective VI (Strengthening the status of the Arab Organization of Supreme Audit Institutions within the INTOSAI regions).

It is worth mentioning that the classification of these objectives is in line with the priorities of the SAI in line with the vision and objectives of the International Organization of Supreme Audit Institutions (INTOSAI) and the Arab Organization of Supreme Audit Institutions (ARABOSAI) to come in a single, integrated and capable of responding to the global and regional expectations for the years Coming.

LINK

[DinarThug]

Strategy of the Federal Audit Bureau
The Republic of Iraq
2022-2018

It is necessary to provide human resources to improve human resources in order to provide financial resources (in all types of office, electronic and technical) to enable employees to carry out their tasks with the utmost care and accuracy. Financial Resources Federal Financial Control Office of the Republic of Iraq 2018-2022 7 Timetable 2018- 2022 To ensure integrity in high standards and to adopt the sole competencies in the investigation in order to keep pace with the procedures of monitoring the regulatory work, the views of the Ministry of Finance and the Ministry of Finance are as follows: The following is a summary of its strategy, which is followed by the value of the internal budget in the internal and external spheres, which reflects a positive impact on the citizen's life. In view of this, we do not wish the mechanism and the work environment leading to the challenges that arise from other factors. In this regard, the priorities set by the Board And the Arab Organization for Higher Education (Arabos) and the International Organization of Supreme Audit Institutions (INTOSAI) have been integrated into a single, integrated and capable of responding to the global and regional expectations of the future. As discussed in the draft: President of the Board of Directors of the Federal Financial Supervisory Board of the Federal Republic of Iraq 2018 - 2022 8 The Representative of the State of Kuwait to the United Nations Development Fund for Iraq The main objective of the High Court of Justice is to exercise its citizen-centered function, focus efforts to maintain high capital and make real value for a currency based on the principle of equality. You will be able to achieve the principles of good governance(good governance). 

The Federal Audit Bureau has tried to keep up with the general trends at the national and international levels aimed at achieving integrity, combating corruption and reversing the trends in the financial and financial processes of the Bank, the strategy and the integrity of the guarantors, and the obligations imposed by law. (2011) and international standards governing the International Financial Reporting and Accounting System (INTOSAI) Ed.) (16-2022), and the translation of these visionaries into the municipality on two levels, in a way that relates to the Court as a guideline through the establishment and realization of the foundations of integrity in many ways and means, including the instrument of telephone verification It is related to the internal indicators, which are included in the indicators of the integrity of the audit, the control of the internal banking system, and the management of the financial and financial expenses. The results of the work are as follows: And FCLL They provide the highest transparency standards. The following are the recommendations of the HATAM Report on Integrity Integrity in the Kingdom. The Strategy of the Federal Financial Supervisory Board of the Republic of Iraq 2018-2022 92 Administrative and Administrative Guidelines The Board of Directors of the Board of Directors of the Board of Directors of the Board of Auditors (the Standards of Integrity Indicators) set out guidelines for measuring the integrity and potential risks to which the integrity data may be exposed , And therefore supported by (PFA). A framework for identifying and reporting weaknesses and strengths in public financial management (PFM) through the use of indicators to measure the effectiveness of the financial reports. The results of the annual report of the National Institute of Statistics (EHL) were presented to the Supreme Court of the Hashemite Kingdom of Jordan in the context of the National Assembly of the People's Assembly of the State of Israel, The National Audit Office of the Federal Audit Office of the Federal Republic of Iraq 2018-2022 10 The Board of Trustees of the Board of Directors of the Board of Directors of the Office of the Federal Financial Supervisory Board is interested in filling the top priority of the national registry and the role of National and international organizations, and the credibility of the Court as a constituency, to be an important forum in which to examine and assess the needs of the public and private sector. Use public funds and public premises to make recommendations for the disposal of The Bureau is responsible for the responsibility entrusted to it, and it is expected that it will be able to take part in a strategic strategy in the face of its diverse objectives.

It is also possible to support the people and the people in order to achieve the goals that they are aware of. It works to make the Board's advocacy and support of the independence and independence of the Court a matter of a better understanding of the value and purpose of the Hague, to ensure that the results of the audit are impartial and impartial. The SAI's security is that the active banks are responsible for the work of the organization, and it is deliberately to replace the internal crisis with a strategic communication strategy, which will allow the Bureau to have the ability to achieve the objectives and objectives of the organization. The branch is open to the establishment of formal relationships with partners and relationships through a number of channels, including the media, the opening of the electronic portal, (B) The strategy of the Federal Financial Supervisory Board of the Republic of Iraq 2018-2022 11 Sub-sub-pillar 1. The financial independence of the Court is required. 2. Sending a strategy to communicate directly with the parties (legislative, judicial, judicial), citizens, We would like to express our appreciation to the Director General of the Federal Financial Supervisory Board of the Republic of Iraq 2018-2022 12 The highest priority of the Supreme Audit Oversight Board is to provide the value of the audited asset that is intended to achieve sustainability objectives, to conduct financial audits and to strengthen local governance (in line with the global trends of the United Nations) INTOSAI is committed to focusing on the next phase of the program, which is not intended to address the trends of the regulatory aspects of the implementation of the objectives of the National Audit and National Trust Fund in the 2030s.

In the coming period, we assess the readiness of national systems for the preparation of work to achieve the goals of sustainable development, and in the process of monitoring the local public awareness of the development of the methodology of risk assessment, which should be accompanied by a serious follow-up The objective is to provide a local guide to check your sustainability goals, and to ensure that you meet the highest quality in accordance with international standards. And is consistent with the accounting systems currently adopted by sub-committee 1. Reports of the financial statements and reports strengthen and deconstruct the events of the approved projects and practices. 2. Evaluate the strategies and responsibilities of Iraq's obligations to achieve the objectives of sustainability. 4. INTELLECTUAL PROPERTY ADMINISTRATION 4. Adaptation of the accounting system in accordance with international standards. The Board of Directors of the Public Authority for Accounting and Auditing The work of the Federal Financial Supervisory Board of the Republic of Iraq 2018-2022 13 The Minister of Labor and Social Affairs of the Republic of Iraq, Dr. Adel Al-Rumaat, said that the quality of the supervision work is considered to be one of the most important tasks of the Federal Audit Bureau. The main components of the supreme credibility of the financial control and accounting are the basic functions of the municipality to provide the value and benefits of citizens through high level of control processes, in accordance with the standards of governance of the Organization, The next strategy was to allow the staff of the Bureau in Haha Al-Ana and facilitate the translation of these items through the adoption of a comprehensive audit system on the structure of the SAI, through which the needs and expectations of the Board are met, In order to stimulate the theoretical and intellectual role of the staff, the staff members of the Bureau will be able to organize research portfolios and clarifications that identify areasAnd sub-committees 1. Sub-section 1: Adoption of comprehensive oversight and labor standards. 2. Updating the financial performance manual to complement the unique objectives of comprehensive innovation. 3. Preservation of research with the participation of the staff of the Department of Public Administration and Development in the Emirate of Dubai. Federal Finance The Republic of Iraq 2018 - 2022 14 The United Kingdom is specialized in the field of institutionalization (in order to build more professional and efficient processes and more transparent checks) Institutional arrangements are based on three levels:The Office works to respond to the challenges posed by the current supervisor, including the strengthening of the departments and departments in which the SAI serves as an important office, and to ensure that the procedures and procedures of the SAI serve you well. Continuity levels are a strong foundation for access to the specialized skills in the work environment as well as through the skills and skills of the staff. (IDI), and through the use of the skills and skills of the staff of the Office, who are entitled to certificates of excellence in the training courses of the staff member, to inform him of the latest developments in the field of auditing and accounting, and to prepare the final requirements for the completion of the training courses.

To improve the capabilities of the workers in the municipality and to provide them with the latest developments in your field. 2. Complete the training courses in the department. 3. The capabilities of the workers in the field are subject to supervision. The Ministry of Labor and Social Affairs of the Federal Court of Audit of the Republic of Iraq 2018 - 2022 15 Workers who have been appointed to the General Assembly of the International Labor Organization for the Arab States of the World and the World Health Organization and the World Health Organization The United Nations High Commissioner for Human Rights and the World Bank of Iraq, Chairman of the Board of Directors of the Arab People's Assembly for the coming period. The Chairman of the Federal Financial Supervisory Board, the President of the Executive Council of the Kingdom of Saudi Arabia, The United Nations High Commissioner for Refugees (UNHCR) for Iraq 2017-2019, and during its second general meeting, Held at the headquarters of the General Secretariat of the Arab League in the Republic of Yemen in October 2016.

The Board of Directors of the Board of Directors of the Kingdom of Saudi Arabia held a meeting at the headquarters of the General Secretariat of the Arab Republic of Yemen in October 2016. This is the result of the efforts exerted by the World Bank, Gateway Cooperation In addition to the importance of trade and security in the implementation of international conventions, especially in the international financial and non-governmental organizations, There is a new phase in which a number of countries have begun to work closely with member countries to promote cooperation with regional and international organizations. Joint visions and trends for mutual trading and trade This is a clear guide or a link to your professional and financial needs 1. Open mutual cooperation and exchange of responsibilities and trade among the members of the Organization. 2. Open cooperation and information exchange between the Organization and the other INTOSAI markets. 3. Consult donors to raise funding sources. 4. Adoption of funding. The Coordination Committee of the Federal Financial Supervisory Board of the Republic of Iraq 2018 - 2022 The Board of Directors of the Federal Audit Bureau of the Republic of Iraq 6. The extent to which the Secretariat has a mandate to implement the mandate of the State of Oman. • The following: - The Kipa team, which is active in the stadium • The appointment of the director of the Public Affairs Department in the Chamber of Deputies • The follow- The following are some examples of the following: • The Group has set up a team in charge of the public sector in the United Kingdom, including the United Kingdom. • The report of the findings of the findings or findings of the findings of the annual report of the Committee on Economic, Social and Cultural Rights The Ministry of Agriculture and Rural Development in Jeddah Lias Al-Naima and Dr. Al-Marisawa Al-Hakwaiya (for the first time in the history of the youth and the role of women and men in the struggle against women and girls, • The following: • The following are the main obstacles facing the Syrian government: • To promote and support Al-Hilal • Tawfiq, Al-Wafer Al-Walu, Diwan Halo and Dulib, Al-Rawaraimal, Wazafer, Al-Wa'a, The total value of the financial statements for the fiscal year ended December 31, 2010 is as follows: For the year ended December 31, The PFM is used to measure the use of the PFM. • The following factors have been identified: • To determine the extent to which the project has been implemented and to which they are the representatives of the National Organization. • Only the Board of Directors has the right to implement the recommendations of the Board of Directors of the Board of Directors of the Board of Directors and the Board of Directors of the Board of Directors of the Board of Directors

https://www.fbsa.gov.iq/uploads/files/attachments/_الاستراتيجية_للديوان_2018_-_2022_-عربي.pdf

[DinarThug]

Fire auction currency .. Part I

25-12-2017 02:59 PM
 
 
(When thieves walk in the streets safe there are two reasons, but the regime is a big thief or the people is stupider than me.) In Iraq after 2003 the people were not the biggest fool, but the regime is the big thief, the thieves who walk in Iraq safe roads 

And the story of the auction of the currency in Iraq will fill the pages of history as the largest process of depletion and theft of public funds in Iraq have been in Iraq since its inception until this moment, and ironically that those who loot the money of the Iraqi people are themselves who deal with the Iraqi public and who are talking Sincerely for the concerns of the citizen and his suffering and problems 

And they are the ones who propose solutions to these concerns and problems, which are raising the slogan of fighting corruption in Iraq, and the currency that was created to cover Iraq's imports of goods and services after the fall of the dictatorship, is the most serious types of economic corruption associated with the process of money laundering and smuggling out of Iraq, 

The Central Bank sells the dollar in larger quantities than Iraq's foreign currency revenues. All the official investigations conducted on the currency auction file confirm that the volume of corruption in this file is very large and that the money of the Iraqi people was stolen through this auction according to fictitious contracts, T fake names and fictitious traders, stands behind all large mafias linked to political parties and blocs that formed the Iraqi political scene after the fall of the dictatorial regime. 

The question is whether all the official investigations confirm that the file of the currency auction is the most dangerous files of corruption and the widest part of the door and through this section drained the Iraqi public money, why the successive governments kept the continuation of this huge fire and this bleeding of the Iraqi public money until this moment ??Why was the investigation of this file, which was formed under the chairmanship of the former Vice President of the Iraqi Council of Representatives, Dr. Qusay al-Suhail, the Iraqi public opinion? What are the measures taken by the Iraqi Council of Representatives considering that the Central Bank is accountable to the Iraqi Council of Representatives? 

The biggest question for the government is why the currency auction has not been canceled until now? Who is the one who refuses to cancel the auction? Has the government, regulatory bodies and the Iraqi judiciary represented the public prosecution on the size of the corrupt financial empires that arose through the currency auction? How much has the central bank's sales of foreign currency since the beginning of this auction in 2004 until this moment? How much money has entered Iraq as goods and services from currency auction funds? When the proportion of money that entered the country as goods and services is only 20% of the value of the volume of sales of the Central Bank, is not this conclusive evidence of the magnitude of this huge fire? Who are the banks, banks and private companies that buy the dollar from the central bank? Are they related to senior officials, politicians and MPs as rumored? And finally who is responsible for the continuation of this fire and this bleeding of Iraqi public money? ...

link

[blueskyline]

Thanks Thug ! BRING IT ! 

[DinarThug]

7 minutes ago, blueskyline said:

Thanks Thug ! BRING IT ! 

 

Ok Blue - Where Do U Want This Cow ?  

 

 

And Luigi’s Called Dibs On Any Intel It Drops For The Rumor Section !  

 

     

 

Know the dairy cow belonging to influential parties enter and exit the money without any risks and profits, "Musogar"

03-01-2018 02:25 PM 

 

 

Baghdad News -

The source revealed, on Wednesday, one of the biggest tragedies of the auction are 'private banks'and has a profitable outlet 100% and therefore do not care to operate their money by traditional methods is to borrow the private sector and laboratories and business and trade, noting that they have income Monthly without any little trouble and there is no risk at all and money enter the account and come out of it and profits 'مسوگر' 
 

The source said in a statement to 'Baghdad News', that all they have to find some import receipts and customs papers and easy to get from here and there. 
 

The source, who asked not to be named, if the banking sector does not activate and encourage the financing of the private sector in the field of energy and housing and trade, there are few banks do not participate in the auction currency and work with the private sector and have very good revenue, and could be This type of banks is a good model for banking. 

The source concluded his statement, that the auction itself is a 'cow dairy' for the influential and the majority of them belong to the parties and for this reason we saw that the new government did not do to prevent or change the auction.

link

[Half Crazy Runner]

22 minutes ago, DinarThug said:

the auction itself is a 'cow dairy' for the influential

 

Is this their translation for ‘cash cow’ ..?

[10 YEARS LATER]

Uh oh . . . I knew time travel was coming . . . First its' 2018 to 2022 then its 2022 to 2018.  Someone is trying to rig the tables 

[Gypsygirl11]

15 minutes ago, 10 YEARS LATER said:

Uh oh . . . I knew time travel was coming . . . First its' 2018 to 2022 then its 2022 to 2018.  Someone is trying to rig the tables 

Time traveling is coming...crazy sh!t

Anyway...your on fire Thugmeister....I would love to see REAL VALUE for their currency.  Today works

[TOMINVEGAS]

STOP the Auctions!!!!! Grow up and become a real country, IRAQ. You’re pathetic and disgusting...... you’re .........Disthetic and pagusting...... and really downright disturbing.

[yota691]

Iraqi Central Bank obliges banking companies to deposit 100 million Iraqi dinars

 

 Since 2018-01-04 at 12:03 (Baghdad time)

Baghdad Mawazine News

The Board of Directors of the Central Bank of Iraq, "obligating exchange companies to deposit 100 million dinars in their accounts with the bank instead of providing letters of guarantee."

The central bank said in a press release that the payment would be through the payment system notice (RTGS) of the same amount from the bank account with which these companies are working for the Central Bank.

The Central Bank said that "the decision obligates companies to complete the deposit of 100 million dinars at the end of January."

The Central Bank of Iraq sales of foreign currency, during an auction on Wednesday, to 135.46 million dollars, compared to the sale of 142.43 million dollars on Tuesday auction, down 6.97 million dollars.

is over

[DinarThug]

• Economie

The central bank imposes a new condition on brokerage firms to sell currencies

The central bank imposes a new condition on brokerage firms to sell currencies

Today, the Central Bank of Iraq issued a new condition on the brokerage companies to sell and buy foreign currencies to continue to enter the window selling currencies.

The bank said in a statement received today's newspaper, "it was decided to deposit 100 million dinars in the insurance account with the Central Bank instead of letters of guarantee by notification of the payment system of the amount mentioned from the bank account with your companies in favor of the Central Bank," noting that "the decision comes Based on the decision of the Board of the Bank No. 55 on 25 December last. "

The bank added that "the last period to complete the deposit is on 31 January."
The bank has set new conditions and instructions on banks and brokerage companies to enter the currency sale window to prevent corruption and trading in hard currency.

LINK