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The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies


Mary B
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The Central Bank of Iraq clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies

 

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 The Central Bank of Iraq clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies

 

On Tuesday, the Central Bank of Iraq issued a brochure entitled "The Window for Selling Foreign Currency in the Central Bank of Iraq."

The bank said in a statement, "The brochure clarifies the administrative framework for financing imports and the mechanism of selling foreign currency to banks in covering their customers' requests."

He added, "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq.

 

"https://glgamesh.com/131804--.html

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1 hour ago, Mary B said:

The Central Bank of Iraq clarifies the administrative frame...  "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq.

 

 

 

Thanks Mary B .... I'm wondering if any of this has to do with the fact that they have a large contingency of Chinese in Iraq working at and guarding oil fields under Chinese control...along with the identification of cases of the corona virus in Iraq. Just a thought...!

Edited by ronscarpa
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38 minutes ago, Laid Back said:

 "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq."
 

This is HUGE.!!!!
 

Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. ... The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the foreign exchange market.

 

Its coming..... Go RV..... Go open market economy 

 

 


Thanks LB!

 

Would love to hear your updated prediction on when you think the RV will happen? 🙂

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2 hours ago, hawk-eye-view said:

My mantra for several years has been March 22nd.

It was never attached to any year, just March 22nd.

If anyone wants to join me in that thought/vision, collectively perhaps we can manifest that reality!!

🥰

 

I stand in agreement with you 

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