Morning News Comments 06/17/2015
Vice calls off sale of hard currency for banks and restrict civil Baovernmah
[tlm724] the Central Bank of Iraq to stop the sale of hard currency to private banks and turn them into government banks, warning of the existence of mafias working to pull the dollar from the central bank bills import counterfeit goods were the cause of the burning of the market and the decline of the local currency's exchange rate
[tlm724] hey wait a minute that is why the Rasheed Bank is doing this, let me grab that art from the other day brb !
Rasheed Bank called cover imports of companies and individuals in foreign currency service 06/16/2015 BAGHDAD / JD / .. Rasheed Bank decided to launch cover imports of individuals and companies of foreign currency to support the national economy service.
The general director of the Bank of Rasheed Mohamed Abdel Wahab told / JD / that the bank initiated coverage of imports sprayed individuals and companies service of currency Alojunbah.mbana that the initiative came to support our economy by covering the commercial activity of the merchant.
Abdul Wahab added that the bank is willing to pay the value of goods imported from outside the country and foreign currency Abdul Wahab added that the importer can promote his request through the bank or money transfer companies approved by the Central Bank of Iraq.
Abdul Wahab stressed that the bank completed Ojrath to sell the US dollar for travelers through its branch at Baghdad International Airport.
[tlm724] now that makes sense, rasheed bank is going to handle the dollars ! If this is accurate
[tlm724] The general director of the Bank of Rasheed Mohamed Abdel Wahab told / JD / that the bank initiated coverage of imports sprayed individuals and companies service of currency Alojunbah.mbana that the initiative came to support our economy by covering the commercial activity of the merchant.
[tlm724] and from the other one " the Central Bank of Iraq to stop the sale of hard currency to private banks and turn them into government banks"
Deputy for the National demanding control limits at an auction to sell dollars to the Central Bank's policy to prevent tampering dealers economy
[therealbubbie] prevents traders from tampering with the country's economic system.
[tlm724] "the need for the federal government intervene urgently to curb the unprecedented rise of the dollar
[tlm724] therealbubbie yep I think thats why Rasheed Bank is taking over the dollar sales !
[tlm724] if the private banks want it they gotta go thru them and I believe new regulations are forth coming !
[tlm724] strict control ! finally
[tlm724] BL explained to me that some traders are saying" hey I need dollars to pay for importing 60 million cooling units " and no one caught that ???? There has to be regulation and oversight, there's no way these crooks sold cooling units to everyone in Iraq !
[tlm724] let me see if I can find that art
[tlm724] got it
Vice confirms the existence of mafias working to pull the dollar from the central bank bills import forged Vice confirms the existence of mafias working to pull the dollar from the central bank bills import forged
[tlm724] alot of import's are forged
[therealbubbie] There has to be regulation and oversight.. like I said we think different then them .. !!
[tlm724] calling the bank to stop selling hard currency to private banks and turn them into government banks.
[tlm724] therealbubbie I don't think so in this case
[therealbubbie] tlm724 ok ... but so far the crooks are wining and that includes maliki !!
[tlm724] see the merchant goes to the private bank for dollars and then the invoice is forwarded, by the time it reaches the CBI it's too late and is anyone really checking them anyway ??????
[tlm724] "supposed within this context that the central bank approached Authority Customs and verification import process goods or not,
[tlm724] but what is happening that the central bank does not approached customs, and this creates Baba serious the doors of the withdrawal of foreign currency and traded in the market.
[tlm724] CBI is not doing their job !
[tlm724] "there are some invoices bearing strange figures, which import 60 million refrigerated air,
[tlm724] 60 million !!!!!!!!!!!!!!!!!!!!!
[tlm724] not to mention that there Some traders sends every day buy a bill to withdraw hard currency without follow-up of the central bank,
[tlm724] "there are serious mafias burned the market, and on the central bank to stop sell the currency to domestic banks to rescue the domestic market of ignition and sold to banks, government and is taking swift action of the Integrity Commission and the Board of Supreme Audit to follow up on such cases was the cause of the local currency deterioration.
[tlm724] It is due to the parliamentary finance committee held next Sunday an emergency meeting to discuss the rise of the dollar.
[tlm724] Sunday we may see some needed changes !
Central Bank eliminates the Sabbath banks to meet the requests of foreign currency
[tlm724] in a press release that he "considered Saturdays decided to normal working days to meet the requests of banks and foreign currency with effect from 06.20.2015."
[tlm724] so Saturday's will be a working day !
[tlm724] another step in their attempt to correct the mess they are in !