cheeks (04:25:27): so i have a ? 4 u
cheeks: hold on i think you answer it .. because i read it and i want to hear your thoughts on it
Med: I DID ALREADY I WAS ON TOP OF IT READ IT AND EDITED IT MANY TIMES
cheeks: lol wow .cool but very very interseting
Med: I THINK IT IS MORE THAN INTERESTING THAT ARTICLE SHOULD HAVE OVER A THOUSAND LOOKS
cheeks: well 5k 10k 25k off the streets
Read More Link On Right
cheeks: we are golden he heee ok jmo now just to add a little to DanJ .. by cbi doing this it does two things reduse the amount of 000k notes from streets and black market
cheeks: now when cbi thinks that 000k's notes all goone.. they will rv at lowball rate to get people jump with 000k's notes. Now my ? is can cbi rv twice when introduce the new notes down the road(2-3Yrs)
Med: NO IT WOULDNT REALLY WORK LIKE AN RV WELL I SHOULDNT SAY THAT FAST I SUPPOSE YOU COULD CONSIDER IT AN RV
cheeks: or outside the box on this one they rv back to the 90's
Med: YOU REALLY CANT COUNT THAT STUFF
cheeks: ok i do want to hear what you think about that post.. like you said it should been hit like 1000 x here is the post http://www.dinarspeculator.com/showt...0-for-citizens
Med: I KNOW THE POST CHEEKS I EDITED THE ENTIRE THING AND ALSO THE COMMENTS I MYSELF CANNOT GIVE A BETTER COMMENT THAN WHAT DANJ GAVE HE HAS A VERY GOOD UNDERSTAND OF THE SITUATION ALSO
cheeks: ok cool
Med: ALSO HARRY DOES IN READING COMMENTS OR WONDERING IF ANY ARE WORTH HOLDING ONTO BOTH OF THEM ARE WORTH IT THOUGH I AM STILL THE BEST LOL HO HO HE HE HA HA BS OK I AM TAKING A RIDE DOWNTOWN I WILL BE BACK NOT TOO LONG
Central Bank allows banks to sell $ 5000 for citizens
On: Tuesday 10/02/2012 07:38 am Baghdad / term
Central bank announced on Monday for allowing banks to sell $ 5,000 to citizens without conditions, as pointed out canceling ceilings conversion of foreign currency abroad by banks.
A statement issued by the received (range) a copy of the bank seeks to maintain the stability of the Iraqi dinar as part of its policy for the protection and growth of the Iraqi economy and that will ensure demand for foreign currency in full, not intersect with the law against money laundering. "
The statement added that "the bank decided to sell foreign exchange by banks to customers up to $ 5000 to the customer per, compared to highlight the identity of the Civil Status and canceled conditions and other details listed in the previous instructions," noting that "the bank also decided to double the ceilings selling foreign currency sold in cash to banks a week. "
The statement pointed out that "the bank also decided to abolish the foreign currency ceilings banks sold daily, for the purposes of conversion," pointing out that "the banks are entitled to determine the price of buying and selling foreign currency to their customers and canceled selections previous price."
The central bank announced in May, for direct Rafidain and Rasheed sell the dollar for citizens at 1189 dinars to the dollar, within your purposes and ongoing use of foreign currency which travel, treatment and Hajj and Umrah and the amounts do not exceed the $ 10000.
The central bank last August for high its hard currency reserves to $ 67 billion, saying it the largest in the history of Iraq.
The central bank held the Iraqi daily sessions for the sale and purchase of foreign currencies with the participation of Iraqi banks, with the exception of public holidays in which the Bank stops for these auctions, and sales can be either in cash, or in the form of remittances sold abroad for a commission certain.