6ly410 Posted January 8, 2023 Author Report Share Posted January 8, 2023 1 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted January 8, 2023 Report Share Posted January 8, 2023 The Governor of the Central Bank of Iraq meets a number of banks and exchange companies Sunday - January 08, 2023 His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, met today, Sunday, with the heads of boards and delegated directors of a number of banks and exchange companies to determine work priorities, directions that serve the Iraqi economy and the banking sector, and work requirements according to the platform mechanism that implements money transfers for the benefit of bank customers according to which and regulate the foreign trade sector in a fundamental manner. His Excellency called on those working in the banking sector to improve their work and serve their customers in accordance with the directives of the Central Bank in creating a real banking sector. The Governor listened to a number of observations and proposals that will contribute to raising the performance of the banking sector in general. Central Bank of Iraq Media Office 8/1/2023 2 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted January 8, 2023 Report Share Posted January 8, 2023 - The CBI currency auctions has going down by around 50% - CBI is letting other banks sale the dollar - The CBI governor meets a number of banks and exchange companies to talk about how to identify work priorities, directions that serve the Iraqi economy, the banking sector, and work requirements according to the mechanism of the platform that implements money transfers for the benefit of bank customers under it, and organizes the foreign trade sector fundamentally. - The Iraqi Central Bank has taken a series of measures that enhance monetary stability and push for the return of exchange rates to normal, including: allowing banks to participate in the window of buying and selling foreign currency to be used for external transfer, working to facilitate procedures for obtaining dollars through banks, facilitating the financing of private sector trade and meeting the demand for foreign transfers by strengthening banks' balances with their correspondents in other currencies. - Gold Reserves 130 tons - Foreign currency reserves $100 billion dollars In my opinion the CBI is on a clear path to an open market economy. Go CBI Go new monetary policy Go Stronger Dinar 4 4 3 Quote Link to comment Share on other sites More sharing options...
Bama Girl Posted January 8, 2023 Report Share Posted January 8, 2023 1 hour ago, 6ly410 said: When, when, when ??? 😅 2 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 14, 2023 Report Share Posted January 14, 2023 Iraq IN THE DOCUMENT.. THE CENTRAL BANK CALLS ON EXCHANGE COMPANIES IN "KURDISTAN" TO ADAPT TO ITS INSTRUCTIONS AND THREATENS VIOLATORS Friday, January 13, 2023 10:54 PM Baghdad / National News Center 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 15, 2023 Author Report Share Posted January 15, 2023 Rasheed Bank sets the controls for selling the dollar at a price of 1465 dinars economy 15-Jan-2023 CONTROLS FOR SELLING DOLLARS TO CITIZENS (FACEBOOK) Ultra Iraq - Editorial Team On Sunday, January 15, 2023, Rasheed Bank revealed the controls for selling dollars to citizens at a price of 1465 dinars. The bank said in a statement received by "Ultra Iraq" a copy of it, that "three branches in Baghdad have been directed to receive citizens: the main branch / Yarmouk / Ragheba Khatoon." "Those who wish to buy from the Nakheel card holder deposit the amount directly in their card, while those who do not have a card are issued to them according to the official documents," he said. He pointed out that "the amount will be (10,000) dollars as a limit for travelers outside Iraq only," noting that "the total purchase amount is (14,650,000) dinars and no other." Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 15, 2023 Report Share Posted January 15, 2023 Al-Rasheed: The dollar is 1465 dinars for this segment in three branches in Baghdad 2023.01.15 - 13:31 Baghdad - Nas Rasheed Bank announced today, Sunday, the controls for selling dollars to citizens at a price of 1465 dinars. And the bank stated in a statement, which “NAS” received a copy of, (January 15, 2023), that “three branches in Baghdad were directed to receive citizens, which is the main branch / Yarmouk / Raghba Khatoun.” He added, "Those who wish to purchase from a Nakheel card holder deposit the amount directly in his card. As for those who do not have a card, it is issued to them according to the official documents." He continued, "The amount will be 10,000 dollars as a limit for travelers outside Iraq only," noting that "the total purchase amount is 14,650,000 dinars, and nothing else." Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 15, 2023 Report Share Posted January 15, 2023 Rasheed Bank clarifies the controls for selling the dollar to citizens at a price of 1465 dinars Time: 01/15/2023 13:11:06 Read: 2,158 times Al-Rashid Bank announced the controls for selling the dollar to citizens who wish, at a price of (1465) dinars per dollar, as it directed three branches in Baghdad to receive citizens (the main branch / Yarmouk / Willing Khatoun) and indicated that those who wish to buy from a palm card holder deposit the amount directly in his card, but those who do not They have a card that is issued to them according to the official documents, and he added that the amount is (10,000) dollars as a limit for travelers outside Iraq only , noting that the total purchase amount is (14,650,000) dinars, and nothing else. Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 15, 2023 Report Share Posted January 15, 2023 Rasheed Bank clarifies about selling the dollar at 1465 dinars Today, 16:17 Economie Baghdad - IQ Al-Rashid Bank announced, on Sunday, the controls for selling dollars to citizens at a price of 1465 dinars. The bank said, in a statement received by IQ NEWS, that it has directed 3 branches in Baghdad to receive citizens, the main branch, Al-Yarmouk Raghba Khatoun. He added that those who wish to buy from a Nakheel card holder deposit the amount directly in his card, while those who do not have a card are issued to them according to official documents. He explained that "the amount is (10,000) dollars as a limit for travelers outside Iraq only , noting that the total purchase amount is (14,650,000) dinars, and nothing else." Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2023 Report Share Posted January 16, 2023 Al-Rasheed announces the controls for selling dollars to citizens at 1465 dinars per dollar Economie| 01:11 - 01/15/2023 Baghdad - Mawazine News Al-Rashid Bank announced, on Sunday, the controls for selling dollars to citizens who wish, at a price of 1465 dinars per dollar. The bank's media stated, in a statement received by Mawazine News, that "three branches in Baghdad have been directed to receive citizens, which are: (The main branch / Yarmouk / Raghba Khatoun)." He explained, "Those who wish to purchase from a Nakheel card holder deposit the amount directly in his card, while those who do not have a card are issued to them according to official documents." He continued, "The amount is $10,000 as a limit for travelers outside Iraq only, and the total purchase amount is only 14,650,000 dinars." Ended 29/N33 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 18, 2023 Author Report Share Posted January 18, 2023 New announcement by the Central Bank on the dollar exchange rate Time : 2023/01/18 11:00:24 New announcement by the Central Bank on the exchange rate of the dollar - Euphrates News (alforatnews.iq) {Economic: Al-Furat News} The Central Bank of Iraq issued a new clarification on the rise in the dollar exchange rate. The bank's advisor Ihsan al-Yasiri said in a press statement on Wednesday that: "The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes." Al-Yasiri pointed out that "the Central Bank asked traders to go to the official centers, which are the official banks, in addition to selling the dollar directly to travelers, and these measures affected the exchange rate of the dollar," stressing, "This situation is temporary and the balance will return to the market." For about a month now, the exchange rate of the dollar against the Iraqi dinar has been fluctuating between continuous decline and rise in the Iraqi markets. The Central Bank of Iraq deals with 14 banks in the currency auction, and these are the banks that abide by the bank's conditions, and the Monetary Services Court dismissed the lawsuits of four banks against the bank's governor, after the bank stopped selling dollars to the four banks on November 6, 2022. The Central Bank of Iraq currently monitors 11 banks, and is likely to include a number of these banks with the four with which it does not deal. Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 18, 2023 Report Share Posted January 18, 2023 A new announcement by the Central Bank on the exchange rate of the dollar Time: 01/18/2023 11:00:24 Read: 4,771 times {Economic: Al Furat News} The Central Bank of Iraq issued a new clarification regarding the high exchange rate of the dollar. The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: "The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes." Al-Yasiri pointed out that, “The Central Bank asked merchants to go to the official centers, which are the official banks, in addition to selling the dollar directly to travelers, and these measures affected the exchange rate of the dollar,” stressing that “this situation is temporary and balance will return to the market.” About a month ago, the exchange rate of the dollar against the Iraqi dinar has been witnessing a continuous fluctuation between a continuous decrease and increase in the Iraqi markets. The Central Bank of Iraq deals with 14 banks in the currency auction, and these are the banks that adhere to the bank’s terms, and the Monetary Services Court dismissed the claims of four banks against the bank’s governor, after the bank stopped selling the dollar to the four banks on November 6, 2022. The Central Bank of Iraq is currently monitoring 11 banks, and it is likely that a number of these banks will be included in the four banks that it does not deal with. Quote Link to comment Share on other sites More sharing options...
screwball Posted January 19, 2023 Report Share Posted January 19, 2023 A new announcement by the Central Bank on the exchange rate of the dollar Time: 01/18/2023 11:00:24 Read: 39,455 times https://alforatnews.iq/news/إعلان-جديد-للبنك-المركزي-عن-سعر-صرف-الدولار {Economic: Al Furat News} The Central Bank of Iraq issued a new clarification regarding the high exchange rate of the dollar. The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: "The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes." Al-Yasiri pointed out that, “The Central Bank asked merchants to go to the official centers, which are the official banks, in addition to selling the dollar directly to travelers, and these measures affected the exchange rate of the dollar,” stressing that “this situation is temporary and balance will return to the market.” About a month ago, the exchange rate of the dollar against the Iraqi dinar has been witnessing a continuous fluctuation between a continuous decrease and increase in the Iraqi markets. The Central Bank of Iraq deals with 14 banks in the currency auction, and these are the banks that adhere to the bank’s terms, and the Monetary Services Court dismissed the claims of four banks against the bank’s governor, after the bank stopped selling the dollar to the four banks on November 6, 2022. The Central Bank of Iraq is currently monitoring 11 banks, and it is likely that a number of these banks will be included in the four banks that it does not deal with. 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted January 19, 2023 Report Share Posted January 19, 2023 Just now, screwball said: "The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes." this says to me they are removing the middle man, which means forex...direct settlement of accounts 2 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted January 19, 2023 Report Share Posted January 19, 2023 2 minutes ago, screwball said: this situation is temporary and balance will return to the market. Maybe a head fake…. Dedollarize then 💥 💥 1 Quote Link to comment Share on other sites More sharing options...
RJG Posted January 20, 2023 Report Share Posted January 20, 2023 36 minutes ago, screwball said: this says to me they are removing the middle man, which means forex...direct settlement of accounts Or maybe removing the money exchangers on the street. 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted January 20, 2023 Report Share Posted January 20, 2023 27 minutes ago, RJG said: Or maybe removing the money exchangers on the street. as well but must be in read in context with other articles ie...new software settling in 10 currencies being able to buy stocks in US with direct settlment and only travellers can buy USD when leaving 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted January 20, 2023 Report Share Posted January 20, 2023 also all accounts settled in dinar 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 20, 2023 Report Share Posted January 20, 2023 Oblige the Central Bank to issue simplified mechanisms for external transfer 01/21/2023 Baghdad: Hussein Thaghb Al-Tamimi It undertakes the proposals of the experts to address the confusion in the exchange rates and to get out of this crisis, which has become a leafing among the economic circles and all segments of society, as the stability of the exchange rate at the official rates represents an urgent necessity to maintain a stable performance of the labor market and keep it away from any new challenges that complicate the economic scene more than it is now, Where the stability of the exchange rate leads to the development of the next investment paths to Iraq, which represents an important destination for work for all specialized international and intercontinental companies. And the local markets indicate a continuous rise in exchange rates, as it closed in Baghdad yesterday at 164,700 Iraqi dinars, compared to 100 dollars. Economic expert Adham Al-Fakhar confirmed that "Iraq is one of the countries affecting the world economy, because there is a large and wide labor market that accommodates local and international companies, and attention is directed to it because it has important ingredients, which requires that we have an ideal environment, one of the most important pillars of which is the stability of the exchange rate." . import paragraphs Al-Fakhar drew attention to "the inevitability of the Central Bank of Iraq issuing simplified mechanisms for external transfer, to ensure the stability of the currency exchange rate, and here it is required that all banks undertake to sell the dollar at the official price of 1450 dinars for the benefit of contractors and suppliers or contractors with various official authorities, for the amounts of the import clauses included in their contracts." Or their sales with the various departments of the state, whose dues were not released until the issuance of these instructions.. And the sale of the dollar is in favor of the contractor or the supplier according to a letter of endorsement issued by the contracting party exclusively. And the Central Bank of Iraq had announced the facilitation of the procedures for travelers to obtain foreign currency (dollars) for travel purposes by expanding the outlets for selling foreign currency (dollars) in cash by increasing the shares of bank outlets, and the increase in the shares of the banks mentioned below will be initiated, as for the rest outlets Banks will be expanded later. Submit an invoice He pointed out that "it requires the Central Bank to adopt paths and mechanisms that maintain the stability of exchange rates, the most important of which is when issuing an external transfer in response to the request of any Iraqi citizen in a personal or moral capacity or an entity residing or working in Iraq officially, Iraqi banks undertake the request from the person transferred from His account is to submit an invoice only, Proforma Invoice, and this invoice is not required to be signed or sealed, because the global issuance systems depend on the electronic version and not the old paper version and its signatures. Types of transfers He urged that "the Iraqi private and governmental banks issue all types of remittances or documentary credits and in the US dollar or the currency desired by the person transferred by him according to the customer's desire, and at the exchange rate approved by the Central Bank of Iraq 1450 dinars to the dollar, in addition to obliging all banks Working in Iraq by activating the bank transfer system - Swift within one week, otherwise the lagging bank is not allowed to trade foreign currency or enter the currency sale window to the Central Bank of Iraq for a month, and in the event that the bank insists not to activate the transfer system during a subsequent month, then the bank's work permit is withdrawn and annul his entity and refer him to the judiciary.” And he stressed that "Iraqi banks are exclusively concerned with issuing remittances or issuing documentary credits, the issuer bank, and not for the bank to play the role of a paper correspondence office for other regional or foreign banks, which undertakes the main transfer process or issuance of credits, in order to ensure that remittance fees are collected from the customer for one time in favor of Iraqi banks and not to pay multiple fees for the same purpose and in favor of several banks that play the same role. logical reason Al-Fakhar stated, “The importance of all private and governmental banks issuing all types of bank transfers and all documentary credits from the account of any Iraqi citizen, Iraqi legal entity, or person or entity residing in Iraq officially, provided that they have a bank account and that the transfer or documentary credit is for any logical reason.” Pointing to the need for all private or official banks to be prevented from declaring any foreign transfers, documentary credits, or any banking information related to any customer in favor of any third party other than the customer and the bank, regardless of their capacity as official or legal, except with the consent and request of the customer or by virtue of a judicial order in accordance with a decision. Declared lawsuit acquired the degree of peremptory ". 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 23, 2023 Report Share Posted January 23, 2023 Arresting a group of exchange shops manipulating dollar prices in Baghdad Time: 01/23/2023 13:59:59 Read: 871 times {Umniah: Al-Furat News} The Security Media Cell announced, today, Monday, the arrest of a group of exchange shops in Al-Kifah Street, manipulating the exchange rates of the dollar And the Security Media Cell stated in a statement received by {Euphrates News}, "after the availability of intelligence information from the Baghdad Intelligence and Security Directorate affiliated to the General Directorate of Intelligence and Security, stating that there is a group of exchange shops in Al-Kifah Street that are manipulating exchange rates and violating the instructions of the Central Bank and through coordination with a security force Jointly, the Directorate's detachments arrested (4) suspects with flagrante delicto while they were carrying out the process of selling foreign currency in contravention of official instructions, while the arrests were made after obtaining judicial approvals in accordance with the provisions of Article (420) of the Penal Code. On the other hand, the detachments of the Baghdad Intelligence and Security Directorate were able to arrest (24) people of foreign nationalities who violated the conditions of residency, entering the country illegally, through their presence inside a laboratory on Al-Arsat Street in Baghdad, where the necessary measures were taken against them and referred them to the concerned authorities. 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 23, 2023 Report Share Posted January 23, 2023 "Fear of confinement" disrupts buying and selling of the dollar on the Baghdad Stock Exchange 2023-01-23 05:48 Shafaq News/ A number of owners of exchange offices in the main stock exchange in Al-Kifah and Al-Harithiya confirmed that they no longer sell or buy dollars after raids by the Economic Security and the arrest of a group of owners of exchange offices. The Iraqi markets are witnessing a continuous rise in the prices of foodstuffs and construction commodities as a result of the continued rise in the exchange rate of the Iraqi dinar against the US dollar, which today exceeded 165 thousand dinars per 100 dollars. And the arrest of a group of owners of dollar exchange offices, which it described as speculators. One of the owners of the Al-Harithiya Stock Exchange, Raad Al-Dulaimi, said in an interview with Shafaq News agency: We have not sold or bought any dollar for two days after the raids on the Al-Kifah and Al-Harithiya Stock Exchanges, indicating that "our offices are open, but in fact they are closed to anyone who comes to us to carry out the buying or selling process." For fear of imprisonment, as sometimes they send people to spy on us by impersonating a person who wants to buy the dollar to find out the truth about the price we are buying or selling. He added, "Economic Security told us that everyone must abide by government instructions, which is to sell at the price that was set by the Central Bank, otherwise legal measures will be taken against him." He pointed out that "most of the non-licensed offices have been closed, and strict control has been imposed on other licensed offices," adding that "the process of selling dollars will shift from the parallel market stage to the black market." 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 27, 2023 Author Report Share Posted January 27, 2023 Parliament's finances exploded a "surprise": the dollar is available in the central bank, and banks refuse to buy it Posted 38 seconds ago The parliament’s finances exploded a “surprise”: the dollar is available in the central bank, and banks refuse to buy it - Iraq news (iraqakhbar-com.translate.goog) news source /Baghdad today Baghdad today - Baghdad A member of Parliamentary Finance, Jamal Cougar, revealed today, Friday, that there are large amounts of dollars available within the Central Bank, stressing that banks refrain from buying dollars from the bank. Cougar told (Baghdad Today) that “the former central bank governor, Mustafa Ghaleb Makhaif, informed the Parliamentary Finance Committee that large sums of dollars are available within the central bank.” He added, “Banks in the currency auction do not come to take money from the bank, and this is what caused the high prices, and therefore we need to provide the merchant with 500 thousand dollars when providing the bank with invoices,” stressing that “the governor of the bank must have monetary experience and great financial relations to contribute to The necessary steps through which the dollar price can be restored to a state of stability. Earlier, the Central Bank of Iraq decided to stop dealing with the US dollar currency with four banks, and it was permissible to deal with it in other currencies . And the Iraqi Central Bank said in a statement received by (Baghdad Today) that “for audit purposes, it was decided to stop dealing in the US dollar currency for banks, with the permissibility of dealing with them in other currencies .” He added, "The Iraqi Central Bank's decision includes the Al-Ansari Islamic Bank for Investment and Finance, the Islamic Holding Bank for Investment and Finance, and the list also included the Asia Iraq Islamic Bank for Investment and Finance, and the Iraqi Middle East Investment Bank." In a successive step , on the 15th of last November, the US Federal Bank decided to stop financial transfers to 14 Iraqi banks, and announced the opening of an investigation into the files of these banks, in preparation for their inclusion in the blacklist. Banks smuggle money from the currency auction illegally., on November 15, the US Federal Reserve decided to stop financial transfers to 14 Iraqi banks, and announced the opening of an Edit: R. p 2 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 27, 2023 Author Report Share Posted January 27, 2023 Parliament's finances explode the "surprise": the dollar is available in the central bank and banks refrain from buying it Parliament finances explode the "surprise": the dollar is available in the Central Bank and banks refrain from buying it » Baghdad Today News Agency Economy | Today, 15:37 | Baghdad Today - Baghdad Member of the parliamentary finance Jamal Kojar revealed on Friday that there are large amounts of money from the dollar available within the Central Bank, stressing that banks refrain from buying dollars from the bank. Koger told Baghdad Today that "former Central Bank Governor Mustafa Ghaleb Makhif informed the Parliamentary Finance Committee about the availability of large amounts of dollars available within the Central Bank." He added that "banks in the currency auction do not come to take money from the bank, and this is what caused the rise in prices and therefore we need to provide the trader with $ 500,000 when providing the bank with invoices," stressing that "the bank's governor must have monetary experience and great financial relations to contribute to the necessary steps through which the dollar rate can be returned to a state of stability." Earlier, the Central Bank of Iraq decided to stop dealing with the US dollar currency with four banks, and the permissibility of dealing with it in other currencies. The Central Bank of Iraq said in a statement received by (Baghdad Today) that "for auditing purposes, it was decided to stop dealing with the US dollar currency for banks, with the permissibility of dealing with them in other currencies." "The decision of the Central Bank of Iraq includes Al-Ansari Islamic Bank for Investment and Finance, the Islamic Holding Bank for Investment and Finance, as well as the list of Asia Iraq Islamic Bank for Investment and Finance, and the Middle East Bank of Iraq for Investment," he said. In a successive step, on November 15, the US Federal Reserve decided to stop financial transfers to 14 Iraqi banks, and announced the opening of an investigation into the files of these banks, in preparation for their inclusion in the black list, and the decision of the US Federal Reserve to stop financial transfers with Iraqi banks, due to accusing these banks of smuggling money from the currency auction illegally. 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted January 27, 2023 Report Share Posted January 27, 2023 Parliament's finances exploded a "surprise": the dollar is available in the central bank, and banks refuse to buy it Economy _Today, 15:37 | Baghdad today - Baghdad A member of Parliamentary Finance, Jamal Cougar, revealed today, Friday, that there are large amounts of dollars available within the Central Bank, stressing that banks refrain from buying dollars from the bank. Cougar told (Baghdad Today) that "the former central bank governor, Mustafa Ghaleb Makhaif, informed the Parliamentary Finance Committee that large sums of dollars are available within the central bank." He added, "Banks in the currency auction do not come to take money from the bank, and this is what caused the high prices, and therefore we need to provide the merchant with 500 thousand dollars when providing the bank with invoices," stressing that "the governor of the bank must have monetary experience and great financial relations to contribute to The necessary steps through which the price of the dollar can be restored to a state of stability. Earlier, the Central Bank of Iraq decided to stop dealing with the US dollar currency with four banks, and it was permissible to deal with it in other currencies . The Iraqi Central Bank said in a statement received by (Baghdad Today) that "for auditing purposes, it was decided to stop dealing in the US dollar currency for banks, with the permissibility of dealing with them in other currencies ." He added, "The decision of the Iraqi Central Bank includes the Al-Ansari Islamic Bank for Investment and Finance, the Islamic Holding Bank for Investment and Finance, and the list also included the Asia Iraq Islamic Bank for Investment and Finance, and the Iraqi Middle East Investment Bank." In a successive step , on the 15th of last November, the US Federal Bank decided to stop financial transfers to 14 Iraqi banks, and announced the opening of an investigation into the files of these banks, in preparation for their inclusion in the blacklist. Banks smuggle money from the currency auction illegally. Edit: R. p 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 27, 2023 Author Report Share Posted January 27, 2023 Expert hints at dollar stabilization at a certain number: two options before the dinar deteriorates further - urgent Baghdad Today Expert hints at dollar stabilization at a certain number: two options before the dinar deteriorates further - urgent 40 minutes ago Baghdad Today-Baghdad Economist Nabil Al-Marsoumi hinted on Friday that the dollar against the dinar will stabilize at 161 thousand dinars per 100 dollars, while stressing that there are only two solutions to prevent the dinar from deteriorating further. Al-Marsoomi said in a clarification received by "Baghdad Today": "Finally, the dollar is equal to 1610 dinars, and the reason: the application of the electronic platform." He added that "the remedy is to adapt to the rules of the electronic platform, or postpone their application if the United States of America agrees." He stressed that "without these two solutions, the dinar will deteriorate further, and others are just empty talk, excessive philosophy without meaning, and unjustified headaches for heads." Experts and specialists point to the ineffectiveness of the Central Bank's measures to control the rise in dollar prices, as the bank continues to pump dollars into cash sales, while the demand is concentrated on dollars for foreign remittances for the purpose of imports. 1 Quote Link to comment Share on other sites More sharing options...
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