Central bank: we have reduced the dollar to 1317 dinars

by **wciappetta** Thu Jun 18, 2015 7:30 am

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Post n°1

Central bank: we have reduced the dollar to 1317 dinars

by wciappetta Thu Jun 18, 2015 7:30 am

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Author: [You must be registered and logged in to see this link.]on: June 18, 2015In: [You must be registered and logged in to see this link.]Views: 69 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - a member of the administrative board of the Central Bank of Iraq Majid picture said that the dollar cut to 1317 dinars after a series of measures taken by the Central Bank of Iraq to meet the banking needs of hard currency.

He pointed to the picture (IMN) that "the Iraqi Central Bank yesterday sold about $ 235 million, and today $ 203 million, under a plan adopted to meet the needs of the Iraqi banks in order to reduce the price of the dollar."

Suri said that "the measures that have been applied since yesterday reduced per dollar from 1420 to 1317 dinars," adding that "the central bank measures to sell the currency will continue to secure the needs of the banks next week."

Iraqi Central Bank announced on Thursday, met all the demands of the market and, without exception, through the sale of more than $ 203 million.

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[You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible

by noced71 Thu Jun 18, 2015 10:33 pm

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Post n°11

Re: Central bank: we have reduced the dollar to 1317 dinars

by noced71 Thu Jun 18, 2015 10:33 pm

adding that "the central bank measures to sell the currency will continue to secure the needs of the banks next week."

In all seriousness.... Is this trend going to continue? Is this ultimately the direction of "deleting the zeros". Is this how they are going to get there? Duck? Proven? Bueller?....Bueller?......Bueller?.....

by **wciappetta** Thu Jun 18, 2015 10:48 pm

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Post n°12

Re: Central bank: we have reduced the dollar to 1317 dinars

by wciappetta Thu Jun 18, 2015 10:48 pm

I imagine it continues for a short period...it wouldn't surprise me to see the CBI close the cash window completely. Waiting to see the introduction of the two new notes 50, 100 dinar... then it starts to get interesting....

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[You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible

by weslin3 Thu Jun 18, 2015 10:57 pm

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Post n°13

Re: Central bank: we have reduced the dollar to 1317 dinars

by weslin3 Thu Jun 18, 2015 10:57 pm

I likey....

by **Neno** Fri Jun 19, 2015 4:49 am

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Post n°14

Re: Central bank: we have reduced the dollar to 1317 dinars

by Neno Fri Jun 19, 2015 4:49 am

wciappetta wrote:I imagine it continues for a short period...it wouldn't surprise me to see the CBI close the cash window completely. Waiting to see the introduction of the two new notes 50, 100 dinar... then it starts to get interesting....

Yes sir, now aren't those two wanted out next month?

by **wciappetta** Fri Jun 19, 2015 6:58 am

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Post n°15

Re: Central bank: we have reduced the dollar to 1317 dinars

by wciappetta Fri Jun 19, 2015 6:58 am

It would be nice....

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[You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible

by lonelyintexas Fri Jun 19, 2015 2:39 pm

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Post n°16

Re: Central bank: we have reduced the dollar to 1317 dinars

by lonelyintexas Fri Jun 19, 2015 2:39 pm

Yes, it would be very nice indeed. (We need a rocket emoticon)

Thanks
LIT
Dance

by **wciappetta** Fri Jun 19, 2015 4:17 pm

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Post n°17

Re: Central bank: we have reduced the dollar to 1317 dinars

by wciappetta Fri Jun 19, 2015 4:17 pm

yes we do.... I like this one

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[You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible