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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Central Bank issues official approvals to three private banks to import the US dollar

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    • Post n°1

    The Central Bank issues official approvals to three private banks to import the US dollar Empty The Central Bank issues official approvals to three private banks to import the US dollar

    Post by Rocky Wed 15 Nov 2023, 4:20 am

    The Central Bank issues official approvals to three private banks to import the US dollar
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    Baghdad today - Baghdad 
    A government source announced today, Wednesday (November 15, 2023), that the Central Bank has issued official approvals to three private banks to import the US dollar. 
    The source told "Baghdad Today", "During the past two days, the Central Bank issued official approvals to three Iraqi private banks to import the US dollar to meet their customers' need for this currency in amounts amounting to (100) million dollars, noting that the shipment of one of the banks has actually arrived in Iraq." .
    The source explained that "there are applications from other banks that are on their way to be submitted for decision by the Central Bank of Iraq." 
    The source confirmed, "The Trade Bank of Iraq (TBI) is currently holding important discussions with several international companies to transfer amounts amounting to $120 million, and they are on their way to completion within the next few days."
    Yesterday, Tuesday (November 14, 2023), a government source revealed a package of measures to address the difference in the exchange rate, while noting that a directive was issued by the Prime Minister’s Office to activate a joint committee between the government, the central bank, and the private sector .
    The source said in an interview with "Baghdad Today", "The most important of these measures is organizing the import process and ensuring the entry of the largest number of merchants and importers to the foreign currency sales window by facilitating account opening procedures, deposit operations, and other procedures related to issuing the importer's identity, which would facilitate the requirements ( Know your customer) for the category of merchants and importers .
    He added, "The government and the Central Bank are conducting ongoing negotiations with the Iranian side to regulate trade between the two countries and make the best options regarding payment of dues and amounts, and discussions are taking place at a good pace ."
    He continued, "The Prime Minister directed work on a number of important projects to ensure that the poor and middle-income groups are not affected by the exchange rate difference, as the Ministries of Commerce and Health work to import important materials and provide them in Iraqi dinars at stable prices, an example of which is the food basket project (support at stable prices), and the food basket project." The pharmaceutical basket, the construction basket, and the basket of reserve materials for the transportation sector... some of which work began some time ago.” 
    The source continued, "The government is now working on an (equal deal) project to exchange trade and imports with some countries, such as China and India, and in their own currencies from Iraq's main trading partners, such as India, China, and some neighboring countries." 
    He pointed out, "The government is currently studying establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in the Iraqi dinar. It is also currently studying a re-export project and there are important discussions in this regard.  " 
    The source pointed out that "the government issued a series of measures to develop electronic payment systems and reduce dependence on cash... and in the coming days a series of other decisions will be issued regarding the pricing and incentive policy for services provided through electronic payment." 
    He stated, “The Prime Minister directed the activation of a joint committee between the government, the central bank, and the private sector, under the supervision of his office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee has begun its meetings from now.” 
    The source added, "The Iraqi government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing the (cash) dollar. This process has already begun with some banks importing the dollar, and the process will expand to include other banks, as is being done." Working to conclude agreements to supply the currencies of some countries to be provided through banks and exchange companies to meet the needs of Iraqi tourists and pilgrims going to those countries without the dollar currency.” 
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    • Post n°2

    The Central Bank issues official approvals to three private banks to import the US dollar Empty The Central Bank agrees to import the dollar to three private banks

    Post by Rocky Wed 15 Nov 2023, 4:49 am

    The Central Bank agrees to import the dollar to three private banks

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    Economy News - Baghdad
    A government source revealed, today, Wednesday, that the Central Bank issued official approvals to three Iraqi private banks to import the US dollar to meet the needs of citizens, confirming that one of the banks’ shipments had actually arrived in Iraq.
    The source said, “Over the past two days, the Central Bank issued official approvals to three Iraqi private banks to import the US dollar to meet their customers’ need for this currency in amounts amounting to $100 million,” stressing that “one of the banks’ shipments has actually arrived in Iraq.” 
    He added, "There are applications from other banks that are on their way to be submitted for decision by the Central Bank of Iraq."
    The source confirmed, "The Trade Bank of Iraq (TBI) is currently holding important discussions with several international companies to transfer amounts amounting to $120 million, and they are on their way to completion within the next few days."


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    • Post n°3

    The Central Bank issues official approvals to three private banks to import the US dollar Empty The Central Bank issues official approvals to three Iraqi private banks to import the US dollar

    Post by Rocky Wed 15 Nov 2023, 5:00 am

    The Central Bank issues official approvals to three Iraqi private banks to import the US dollar



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    2023-11-15 00:40
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    Shafaq News/ A government source revealed, on Wednesday, that the Central Bank issued, during the past two days, official approvals for three Iraqi private banks to import the US dollar to meet their customers’ need for this currency, in amounts amounting to 100 million dollars, indicating that the shipment of one of the banks has actually arrived. For Iraq.
    The source explained to Shafaq News Agency that there are applications from other banks that are about to be submitted for decision by the Central Bank of Iraq.
    The source confirmed that the Trade Bank of Iraq (TBI) is currently holding important discussions with several international companies to transfer sums of money amounting to $120 million, and they are on their way to completion within the next few days.
    On Wednesday, the eighth of November, the Central Bank of Iraq decided to allow Iraqi banks to import foreign currency according to 5 conditions.
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    • Post n°4

    The Central Bank issues official approvals to three private banks to import the US dollar Empty The Central Bank grants private banks permission to import the dollar

    Post by Rocky Wed 15 Nov 2023, 5:11 am

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    [size=52]The Central Bank grants private banks permission to import the dollar[/size]
    • Today 10:24




    Information/Baghdad..
     A government source reported, on Wednesday, that the Central Bank of Iraq had issued several banking measures to prevent the continued rise of the dollar.
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     The source said in a statement followed by “Al-Ma’louma” that, “During the past two days, the Central Bank issued official approvals to three Iraqi private banks to import the US dollar to meet their customers’ need for this currency in amounts amounting to (100) million dollars.”
     He added, "One bank's shipment has actually arrived in Iraq, and there are applications from other banks on their way to be submitted for decision by the Central Bank of Iraq."
     He continued, "The Trade Bank of Iraq (TBI) is currently holding important discussions with several international companies to transfer amounts amounting to $120 million, and it is on its way to completion within the next few days." End 25
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    • Post n°5

    The Central Bank issues official approvals to three private banks to import the US dollar Empty Re: The Central Bank issues official approvals to three private banks to import the US dollar

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