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Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Sh

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rocky
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Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Sh

Post by rocky on Thu 18 Apr 2013, 7:11 am

Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Shorja exclusively



Alsumaria News / Baghdad
Instructed the Ministry of Finance, Thursday, Rasheed Bank to sell the dollar for the citizens of its headquarters and branch Shorja exclusively, stressing the need to highlight the buyer's ticket and passport to buy the dollar.

He said Finance Minister Ali Shukri agency said in a statement received "Alsumaria News", a copy of which he was instructed "to the Rasheed Bank to sell the dollar for citizens through the office of President of the Bank, in addition to a branch Shorja exclusively without the other branches."

Shukri added that "the citizen who wants to buy the dollar it offers ticket and passport to make sure the needs of the dollar," noting that "the goal is to reduce fraud and manipulation at the time of purchase."

The Iraqi Central Bank has authorized private banks, in addition to the Rafidain and Rasheed by some of its branches operating in Baghdad to sell the dollar for citizens wishing to travel on to submit a ticket and passport, but these conditions are waived them and become every citizen can buy a dollar just to carry a passport effective for travel are then re-Terms of Sale former because of a lot of corruption in the sales transactions.

The banks sold the dollar for the citizens and by $ 5000 compared to 1189 dinars to the dollar, which enables citizens to take advantage of the price difference is due to a surge in the local market that the price of the dollar 1227 dollars per dinar.


http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1606579

ron-man
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Re: Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Sh

Post by ron-man on Thu 18 Apr 2013, 9:32 am

Thanks Rocky,this might be a way to try to get the Dinar back in the banks,by using a smoke screen to do it.IMHO

notazbad2000
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Re: Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Sh

Post by notazbad2000 on Fri 19 Apr 2013, 4:38 am

MoF limits Rasheed Bank’s sale of US dollars for Iraqi dinars


Added by Ibrahim Khalil on April 18, 2013.
Saved under Business
Tags: Baghdad, Iraqi dinar


Baghdad (IraqiNews.com) – The Ministry of Finance ordered Rasheed Bank’s US dollar to Iraqi Dinar currency sales to be limited to the Head Office of Rasheed Bank and its Shurja branch exclusively only to customers with passports and airplane tickets.
The Ministry of Finance reported in statement received by IraqiNews.com on Thursday “The Acting Minister of Finance, Ali al-Shukri, instructed Rasheed Bank to sell the US dollar currency in exchange of Iraqi dinar for people in condition to bring their passports and traveling by an airplane tickets in order to reduce manipulating with USD price.”
“Banking experts assured that both Rasheed and Rafidain banks as well as other private sector banks are selling the USD currency for people without any regulations which allows some people to exploit this method to buy large amounts of dollar from banks according to the price of the Central Bank of Iraq and sell it to people for much higher prices,” the statement added.


Read more: http://www.iraqinews.com/business-iraqi-dinar/mof-limits-dollar-selling-regulations/#ixzz2QttX9uIz
Follow us: @IraqiNews_com on Twitter | IraqNews on Facebook


_________________
TAZ

The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
Martin Luther King Jr., Strength to Love, 1963


ron-man
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Re: Financial instruct the Rasheed Bank to sell the dollar from its headquarters and branch president Sh

Post by ron-man on Fri 19 Apr 2013, 3:32 pm

Its a sell or don't sell,make up my mind LOL.Thanks Taz.

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