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The Central Bank explains the fact that the currency of the dollar entered from Libya to Iraq

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07:56 - 25/02/2019

 

Baghdad - Mawazine News
The Central Bank of Iraq denied on Monday what the media and social media reported on the entry of the US dollar currency from Libya to Iraq.
In a statement received by Mawazine News, the bank said it "denies the media and social media coverage of news about the entry of the US dollar from Libya, noting that its verification procedures were carried out by exchanging information with the relevant agencies inside and outside Iraq."
The bank warned of "fraud and fraud may be practiced by some in this area and confirms the continuation of its control and audit procedures in the circulation of foreign currency in accordance with its instructions in order to ensure the safety of foreign currency circulation."
He pointed out that he "calls on all media to be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial system and banking in Iraq."

 

https://www.mawazin.net/Details.aspx?jimare=35753

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The Central Bank denies the entry of the US dollar currency from Libya

 

 

BAGHDAD / Al-Masala: The Central Bank of Iraq denied on Monday, February 25, 2019, the entry of the US dollar currency from Libya to the country, warning of "fraud and corruption may be practiced by some in this area."

The bank said in a statement that "the bank denies the media and social networking news of the entry of the US dollar from Libya, the verification procedures of its non-existence has been the exchange of information with the relevant agencies inside and outside Iraq."

The bank warned of "fraud and fraud may be practiced by some in this area and we confirm our continued to take control and audit procedures in the circulation of foreign currency in accordance with our instructions in order to ensure the safety of foreign currency circulation."

"We call on all media to be careful in dealing with the news of inaccurate news that has negative effects on the stability of the banking and financial system in Iraq," the bank said.

http://almasalah.com/ar/news/164774/البنك-المركزي-ينفي-دخول-عملة-الدولار-الأمريكي-من-ليبيا

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Central denies the entry of Libyan dollars into ethnic markets
 
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Central Bank of Iraq
 

Economy News Baghdad

The Central Bank of Iraq denied Monday the entry of the US dollar currency from Libya to Iraq.

The Central Bank said in a statement received by the "Economy News" that it denies "what the media and social communication of news about the entry of the dollar from Libya," pointing out that "the procedures for verification of its absence has been the exchange of information with the relevant agencies inside and outside Iraq "He said.
He warned, according to the statement, "of fraud and corruption may be practiced by some in this area," stressing that "will continue to take control and audit procedures in the circulation of foreign currency in accordance with the instructions in force to ensure the safety of foreign currency circulation."
In a statement, the central bank called on "all media to be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial and banking system in Iraq."

 

Views 6 Date Added 25/02/2019

 

http://economy-news.net/content.php?id=15521

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Central Bank of Iraq
  

 Banks


Economy News Baghdad

The Central Bank of Iraq denied Monday the entry of the US dollar currency from Libya to Iraq.

The Central Bank said in a statement received by the "Economy News" that it denies "what the media and social communication of news about the entry of the dollar from Libya," pointing out that "the procedures for verification of its absence has been the exchange of information with the relevant agencies inside and outside Iraq "He said. 
He warned, according to the statement, "of fraud and corruption may be practiced by some in this area," stressing that "will continue to take control and audit procedures in the circulation of foreign currency in accordance with the instructions in force to ensure the safety of foreign currency circulation." 
In a statement, the central bank called on "all media to be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial and banking system in Iraq." 


Views 18   Date Added 02/25/2019

 
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Iraq sales the oil in US dollars,

The ministry of finance get the dollars from oil sales

The ministry of finance sales the dollars to CBI to get dinars

The CBI sales dollar for dinars in the daily auction

 

Why the CBI is worried about the entry of dollars from Libya to Iraq 

- AML / CFT requirements?

- Are they planning to start the dedollarization process?

- Are they planning to end the daily auctions?

 

Dollarize.... RV.... Dedollarize

 

Go RV

Go $1:1

Go dedollarization

 

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 "Are they planning to start the dedollarization process?

- Are they planning to end the daily auctions?"

 

You are correct Laid Back, this has been the plan all along for Iraq. Bring in USD to the country to bring down the number of circulating notes, now, the Dinar note count is where the CBI feels it comfortable to begin to revert back to its countries currency. 

Iraq is sitting on a vast wealth of natural resources, we know this, we also know that they, and, the rest of the world want Iraq as international partners, everyone wins. 😉

All the issues that Iraq has to overcome to be on the international stage is now being accomplished, hence we are now seeing many articles from the CBI. IMO, the HCL agreement is done, but there is still some stalling for the implementation of this law, perhaps it's the final stages of corruption at this level to be dealt with. 

Iraq's people are still suffering, but, the situation is improving. A currency with a TRUE value will surely improve the situation, and we can see this plan being unfolded now. A little more patience is required my friends, not what you want to hear, but Iraq is on the right track.

Adam as well, seems to be very alert to the recent events and has let us know his thoughts, but who knows, one day we will awaken and find Iraq is sporting its true value. 1 to 1 👍

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54 minutes ago, Wiljor said:

 "Are they planning to start the dedollarization process?

- Are they planning to end the daily auctions?"

 

You are correct Laid Back, this has been the plan all along for Iraq. Bring in USD to the country to bring down the number of circulating notes, now, the Dinar note count is where the CBI feels it comfortable to begin to revert back to its countries currency. 

Iraq is sitting on a vast wealth of natural resources, we know this, we also know that they, and, the rest of the world want Iraq as international partners, everyone wins. 😉

All the issues that Iraq has to overcome to be on the international stage is now being accomplished, hence we are now seeing many articles from the CBI. IMO, the HCL agreement is done, but there is still some stalling for the implementation of this law, perhaps it's the final stages of corruption at this level to be dealt with. 

Iraq's people are still suffering, but, the situation is improving. A currency with a TRUE value will surely improve the situation, and we can see this plan being unfolded now. A little more patience is required my friends, not what you want to hear, but Iraq is on the right track.

Adam as well, seems to be very alert to the recent events and has let us know his thoughts, but who knows, one day we will awaken and find Iraq is sporting its true value. 1 to 1 👍

Thank for you input my brother.!

 

Go RV

Go purchasing power 

Go dedollarization 

 

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CBI denies entry of US dollars from Libya

CBI denies entry of US dollars from Libya
US $ 100 coin
 26 February 2019 12:46 PM

The Central Bank of Iraq denied what the media and social networking news of the entry of the dollar from Libya.

The bank said in a statement that the procedures for verification of its non-existence was the exchange of information with the relevant agencies inside and outside Iraq .

The bank warned of fraud and corruption that may be practiced by some in this area, stressing its continued to take control and auditing procedures in the circulation of foreign currency in accordance with the instructions in force to ensure the safety of foreign currency circulation .

He called on all media to be accurate, because the impact of inaccurate news negatively on the stability of the financial system and banking in Iraq.

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  • yota691 changed the title to The Central Bank explains the validity of the dollar entry to Iraq from Libya
Release Date: 2019/2/25 19:58 • 520 times read
The Central Bank explains the validity of the dollar entry to Iraq from Libya
{Baghdad: Al Furat News} The Central Bank of Iraq, the health of the media and social networking news of the entry of the US dollar from Libya.
A statement by the bank received the agency {Euphrates News} a copy of it, "the procedures for verification of the absence of this currency has been the exchange of information with the relevant agencies in Iraq and abroad." 
The bank warned of "fraud and fraud may be practiced by some in this area and confirms its continuation to take control and audit procedures in the circulation of foreign currency in accordance with the instructions in force to ensure the safety of foreign currency circulation." 
He also called on "all media to be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial system and banking in Iraq."
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Central warns of frauds in dollars

252201924121%D8%AF%D9%88%D9%84%D8%A7%D8%
 

 

Follow-up NRT
 
The Central Bank of Kuwait (CBE) on Monday denied reports by the media and social media about the entry of the US dollar from Libya to Iraq.
The bank said in a statement obtained by NRT: "It denies the media and social networking news of the entry of the US dollar from Libya" and that "the procedures for verification of its non-existence has been the exchange of information with the relevant agencies inside and outside Iraq." The bank called on "all media to be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial system and banking in Iraq."
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Editor Hossam Al - Khafaji - Tuesday 26 February
-
 
 
 
Search Bigger
 
 

Al-Sumerian News / Baghdad
The frozen Libyan dollars, according to activists and office owners, have been "smuggled" to some countries at prices of up to half their value through "organized mafias" to settle in unstable places and countries and feed some of them into a "huddle" between 2014 and 2017. 

In December 2016, the US Treasury decided to freeze potential assets of two UScompanies and prevent any Americans from dealing with them, one in Iraq and the other in Abu Kamal, Syria, which played an important role in remittances by helping them transfer funds to al- Qaeda . "Cheers".

 


"We have heard of the entry of Libyan dollars into Iraqi markets and are currently being traded," Mohammed Ghani, owner of one of Baghdad's banking offices, told Alsumaria News. "These dollars can not be known because they are originally not forged." 

"The figures of these dollars have been distributed to the banks through a special sequence of this currency," Ghani said, adding that "these Libyan dollars in the market, which are in the possession of citizens, can not be known for their ignorance of this and for not knowing the prohibited sequence in the Libyan dollar." 

"There is talk about the Libyan dollar smuggled into Iraq through the sale of some half of its price in the markets," confirms the owner of the office of another bank, Mohammed Hamza, told Alsumaria News that "the currency spread in the local markets because this currency is not forged."

"There is a difficulty in controlling them because there are mafias of an organization that does such things and distributes them in all places," Hamza said, calling on the government to "take responsibility for revealing the facts and knowing how they entered Iraq." 

For its part, the central bank denied the media and social networking news of the entry of the US dollar currency from Libya . 

In a statement received by Alsumaria News, the bank said that "what the media and social media reported about the entry of the US dollar from Libya is incorrect," noting that "the procedures for verification of its non-existence have been the exchange of information with the relevant agencies inside Iraq And beyond. "

The bank warned of "fraud and fraud that may be practiced by some in this area," pointing out that "it continues to take control and auditing procedures in the circulation of foreign currency in accordance with its instructions in order to ensure the safety of foreign currency circulation." 

The bank called on the media to "be careful in dealing with the news of the inaccurate news of the negative effects on the stability of the financial system and banking in Iraq."

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Monday 25 February
 
 
 
 
 
 
 
 

Sumerian News / Baghdad
Hundreds of millions of dollars frozen by the former Libyan leader Muammar Gaddafi and reserved arrangements by the US Federal Reserve has become a sinking of the Iraqi market, after being smuggled by brokers and illegal entry into Iraq , to be published on a single basis on the exchange and the shops and citizens, witnesses.

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Monday 25 February
 
 
 
 
 
 
 

 

Alsumaria News / Baghdad
High-profile sources revealed the involvement of money exchange companies and banks in Baghdad and Arbil is washing millions of dollars to organize "Daash," coming from Libya .
 
Alsumaria reserves the right to publish the names of the banks involved until the completion of the investigations.
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I possess nowhere near the understanding as some of the other posters in this thread. However it sounds to me as if the people of Iraq were so starved for a currency they're now looking to the Libyan dollar to pay their bills. This in my opinion would be a very good thing for the RV.

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Good morning LGD, you are correct sir. At present one Libyan Dinar has a exchange rate of today .72 cents to the US dollar. 

One Iraq Dinar has a value of .00084 to the US dollar.  

The Iraqi people are looking for sources of value to be able to purchase goods and services, the Iraq dinar at the moment does not do so. Perhaps this would be a good time to give value to the IQD, it will give a huge injection of confidense for the citizens, and,. the first step to becoming a country with international potential. 

We patiently wait my good man 🙏

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11 minutes ago, Wiljor said:

Good morning LGD, you are correct sir. At present one Libyan Dinar has a exchange rate of today .72 cents to the US dollar. 

One Iraq Dinar has a value of .00084 to the US dollar.  

The Iraqi people are looking for sources of value to be able to purchase goods and services, the Iraq dinar at the moment does not do so. Perhaps this would be a good time to give value to the IQD, it will give a huge injection of confidense for the citizens, and,. the first step to becoming a country with international potential. 

We patiently wait my good man 🙏

:lol:And people thought Truckers were stupid :lol:

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41 minutes ago, Wiljor said:

Good morning LGD, you are correct sir. At present one Libyan Dinar has a exchange rate of today .72 cents to the US dollar. 

One Iraq Dinar has a value of .00084 to the US dollar.  

The Iraqi people are looking for sources of value to be able to purchase goods and services, the Iraq dinar at the moment does not do so. Perhaps this would be a good time to give value to the IQD, it will give a huge injection of confidense for the citizens, and,. the first step to becoming a country with international potential. 

We patiently wait my good man 🙏

 

If Iraq made their dinar worth .72 cents to equal Libya, I’d take that rate in a heartbeat. 

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1 hour ago, GreedyDinar07 said:

You are correct jg1!!

BUMp. Out of greenies.

 

STOP THE AUCTIONS NOW, OR YOU SHOULD ALL BE TRIED FOR WAR CRIMES!!!

STOP THE AUCTIONS NOW, OR YOU SHOULD ALL BE TRIED FOR WAR CRIMES!!!

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

STOP THE AUCTIONS NOW

 

 

Edited by jg1
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  • yota691 changed the title to Keywords: Libyan dollars used for operations erected on citizens

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