Established in 2006 as a Community of Reality

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


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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


    Central Bank allows for banking companies to enter the currency auction without a broker

    Bama Diva
    Bama Diva
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    Posts : 1798
    Join date : 2012-12-21
    Location : Gulf Coast
    • Post n°1

    Central Bank allows for banking companies to enter the currency auction without a broker Empty Central Bank allows for banking companies to enter the currency auction without a broker

    Post by Bama Diva Mon 05 May 2014, 8:25 pm

    Central Bank allows for banking companies to enter the currency auction without a broker


    Tuesday, 06 May 2014

    Citizen - Fadia ruled  
    Decided the Iraqi Central Bank to allow banking companies financial enter the currency auction without the intermediary and emphasized "that this action will contribute to the stability of the price of" dinar "and expands the auction of foreign currency, as pointed out that those companies would be" a true partner "to support the economy.

    The central bank said in a press statement that "the board of directors of the Central Bank decided to do in its money transfer companies to open accounts directly with the Central Bank of Iraq, the Iraqi dinar and the dollar to carry out the purchase of foreign currency.  

    The bank added that "this process will expand special events auction of foreign currency and contribute to the stability of the exchange rate permanently, as well as making these companies a true partner in supporting the operations of the Iraqi economy and the stability of the dinar.

    The number of owners of companies banking financial criticized the crackdown that followed the central bank and the routine which controls procedures, and argued that they can not approach the office of any employee to ask about the fate of their transactions, and while stressed that the CBI lacks regulations in its dealings, pointed out that What puts Bank of instructions and controls "and the harsh injustice."

    The CBI in its quest to amend the banking laws, including the proportion to the current situation, and pointed out that the money laundering law the most prominent laws that seek to modify it, while stressing that going to play a developmental role for the Iraqi economy

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