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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

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    Central Bank: measures to increase the dollar supply

    Rocky
    Rocky
    Rocky
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    • Post n°1

    Central Bank: measures to increase the dollar supply Empty Central Bank: measures to increase the dollar supply

    Post by Rocky Sat 24 Dec 2022, 11:43 am

    Central Bank: measures to increase the dollar supply

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    Economy News - Baghdad
    Today, Saturday, the Central Bank of Iraq confirmed the assignment of 3 government banks to secure the dollar for the public, and while clarifying the withdrawal mechanism, it indicated that it had allowed measures to increase the supply of foreign currency.
    The Central Bank's advisor, Ihsan Shamran al-Yasiri, said, "The Rafidain, Rasheed and Industrial banks have been assigned as government banks to secure foreign currency for the public for various purposes such as tourism, study, medicine, and others," according to the official news agency.
    He added, "It was agreed with the three banks to give Master and Visa card holders who have accounts in those banks the ability to fill them in dollars from 1-10000 at a price of 1470 to the public, while the dollar is sold to travelers at 1465."
    He added, "Card holders can use them outside Iraq to shop or withdraw money in the currency of the country to which they are traveling," pointing out that "people who do not have a bank account and do not hold a card of any of the three banks, can open an account in it and issue the card, and then the customer fills in The amount he wishes to transfer is up to $10,000. 
    He pointed out that "these methods and procedures will contribute to increasing the supply of dollars, given that the bank will sell dollars in cash on a daily basis to banks and banking companies, as well as securing the needs of travelers to obtain dollars in a simple and cheaper way than the market," explaining that "the process of granting dollars in cards is safe."
     
     

     

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    Added 12/24/2022 - 6:04 PM
    Updated 12/24/2022 - 8:39 PM


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