Go Iraq

[6ly410]

Let’s gooooo cheers 

[zul]

1 hour ago, navira said:

and these machines are gonna be used to count n detect any counterfeits...

 

U said it all...... 👌

[navira]

Cheers zul

[6ly410]

Under the guidance of Mr. Faisal Al-Hims, President of the Bank and Chairman of the Board, financial support was provided to the Iraqi Artists Syndicate, where the financial support was provided by Mr. Fouad Al-Wakil, Vice President of the Bank, to Mr. Jabbar Joudi, Captain of Iraqi Artists. #Bank_International_Trading # NetChange_no_First

 

 

Edited May 29, 2019 by 6ly410

[6ly410]

The Iraqi Trade Bank held a breakfast banquet for the bank's distinguished customers and government figures represented by the advisory bodies of the three presidencies, some members of the Iraqi Council of Representatives, a number of ministers and directors of government departments, as well as a number of ambassadors and diplomats. #Bank__Araqi_For Trading

 

 

[6ly410]

 

[navira]

Thanks bro cheers

[6ly410]

 

[6ly410]

 

[6ly410]

  https://cbi.iq/static/uploads/up/file-155893745432735.pdf

 

Providing Banks with Small Category banknote The Central Bank of Iraq would like to inform all banks that it is continuing to provide them with small category banknote of the Iraqi currency by withdrawing the amounts from the current balances of the bank.CBI explains that if there is an inquiry or notes, banks can contact the Follow upDepartment in the Issuance and Treasury Directorate of this bank and by email (followup.iss@cbiraq.info) 22 May 2019

Edited May 29, 2019 by 6ly410

[navira]

Bump

[6ly410]

looking good bro...haha

[navira]

Now couple this article with this recent announcement from the CBI: the acquisition of counting and sorting machines so that we can do the necessary. 

[navira]

This really looking super bro: withdrawing the amounts from the current balances of the bank. What do u think this is bro?

[navira]

This to me is...the CBI is taking all the small categories n provide them to all the banks....flooding market so to speak....withdrawing those large categories....the small categories are going to exist side by side till large categories are phase out

[cranman]

Only in country?

[navira]

Cranman...the CBI is gonna rv the iqd when they do this....Don't know when but it's a coming cheers

[lmb4321]

Navira, this is looking very good.....I've heard July is a good possibility.....

Hope it comes in earlier...we shall see....

[6ly410]

It sure is... imo cheers bro 

[cranman]

I meant will the small  categories exist along the large currencies until the large currencies are phased out in Iraq only? What's your thought about large currencies outside of Iraq ?

[navira]

The CBI is letting all the banks know to update their machines for sorting n counting so they can go ahead.....with auditing/accounting which I believe is what the FML says...then next to show will be an increase  in value cause we have a surplus in oil revenues..and pretty not just an oil but other things too...cheers

[navira]

Cranman, the CBI is gonna give us the value on iqd....Don't know how much but the economists ..those experts are pretty well knowledgeable with how much the iqd should worth...

[navira]

Iam pretty sure it was bro thug that posted the article last year with regards to the rate...it was 3 Plus I believe....

[lmb4321]

Hey Navira,

Also i believe there is a Final SBA (Stand-by Arrangement) review

with the IMF in July also....don't know how it affects the

monetary increase in value....

 

[cranman]

I guess what i'm trying to get at is you're saying that 25000 dinar will be worth 25 dinar until all the 25000 dinar notes are drawn in  what will that mean for us who hold 25000 dinar notes outside of Iraq? Ive seen this said before.  Wil this only be applicable to in country notes?