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Did the CBI give us a date?


Longtimelurker
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5 minutes ago, Half Crazy Runner said:

October 17 is a Sunday. Any CBI holidays connected with that weekend..? 

 

I don't know of any. But you know Iraq. Any reason to have a holiday, they will. This could be a good reason to celebrate, if they raise the value of their currency.  That would be one holiday we could celebrate with them.  :D 

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4 hours ago, Longtimelurker said:

I'm not able to promote this person's YouTube channel so I won't. He disappeared for a while and I just ran across a vital video he made.

 

He reads a very recent CBI article from CBI website and in the article it talks about foreign exchange regulations beginning October 17th. He is convinced that is when IQD goes international..

 

Anyone else watch the video? What are your thoughts?

could be right it could be the niddle...

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1 hour ago, rw.sutton said:

Sun here is Mon in Iraq, October 17th, 1 day before the Drop Dead Debt Ceiling, for the USD,,,, Coincidence? Guess we will see!

 

Create a website and e-mail for all authorized exchange companies, category (A,B)

October 06, 2021

Create a website and e-mail for all authorized exchange companies, category (A,B)


The Central Bank of Iraq decided that all authorized exchange companies,category ( A , B ), establish an official website on the national scale ( iq ) and establish an official email on the same domain, for the requirements of the interest of work and for the purpose of organizing the context of procedures in your companies in a more modern manner and to ensure communication with this Bank and present the results to the public, and companies should provide us with their addresses and as soon as possible.

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Just now, rw.sutton said:
 

Create a website and e-mail for all authorized exchange companies, category (A,B)

October 06, 2021

Create a website and e-mail for all authorized exchange companies, category (A,B)


The Central Bank of Iraq decided that all authorized exchange companies,category ( A , B ), establish an official website on the national scale ( iq ) and establish an official email on the same domain, for the requirements of the interest of work and for the purpose of organizing the context of procedures in your companies in a more modern manner and to ensure communication with this Bank and present the results to the public, and companies should provide us with their addresses and as soon as possible.

https://cbi.iq/news/view/1837

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2 hours ago, 3 bucks new rv rate said:

Create a website and e-mail? what for? for a security purpose against money laundering ( from terrorists, drug lords , corruptors and other illegal funds )?

I could be completely wrong, but with a currency worth, .0007 , maybe just maybe, a sizeable value is getting ready to, come forth. From the picture of the bank, someone gave, a sizeable donation for that building. 

 

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Here what the above is reference to...

 

 

 

 
  
 September 22, 2021
Instructions for buying and selling foreign currency for the year 2021

 



Based on the amended Central Bank of Iraq Law No. (56) of 2004, and for the purpose of achieving the objectives of the Central Bank by strengthening the role of the banking system and non-bank financial institutions in securing foreign currency to the beneficiaries, which leads to maintaining the stability of the exchange rates of that currency on the one hand, and the commitment According to the requirements of the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 on the other hand, and based on the requirements of the work interest in line with the reform trends of the banking sector in Iraq, which would develop banking work in accordance with international best practices, this bank decided to adopt ( Buying and Selling Instructions). Foreign currency for the year 2021 for all authorized banks and exchange and mediation companies authorized to sell and buy foreign currencies ) attached in connection with the new forms that will be approved in entering the subscription information in the foreign currency sale window, which will start working as of the date of 2021/ 10 / 17 , provided that all relevant instructions, controls and circulars are cancelled.
» To view the instructions .. Click here
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I'm so sorry that I invested in the crappy currency of a crappy country, so many years ago.  Even the information provided by the Central Bank is unintelligible.  Did anyone else realize that the 19 line statement below contains only 2 sentences?
 
 

Based on the amended Central Bank of Iraq Law No. (56) of 2004, and for the purpose of achieving the objectives of the Central Bank by strengthening the role of the banking system and non-bank financial institutions in securing foreign currency to the beneficiaries, which leads to maintaining the stability of the exchange rates of that currency on the one hand, and the commitment According to the requirements of the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 on the other hand, and based on the requirements of the work interest in line with the reform trends of the banking sector in Iraq, which would develop banking work in accordance with international best practices, this bank decided to adopt ( Buying and Selling Instructions). Foreign currency for the year 2021 for all authorized banks and exchange and mediation companies authorized to sell and buy foreign currencies ) attached in connection with the new forms that will be approved in entering the subscription information in the foreign currency sale window, which will start working as of the date of 2021/ 10 / 17 , provided that all relevant instructions, controls and circulars are cancelled.
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