Source at the Central Bank: banks will begin the implementation of remittances to their customers starting next Sunday

Source at the Central Bank: banks will begin the implementation of remittances to their customers starting next Sunday

Thursday 5 March 2015




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Alsumaria News / Baghdad
A source in the Iraqi Central Bank, on Thursday, the banks will begin the implementation of remittances to their customers starting next Sunday, noting that it came after the completion of all the procedures and mechanisms by banks. The source said in an interview with Alsumaria News , "The banks will begin implementing remittances to their customers starting on Sunday 03/08/2015. " The source, who asked not to be named, said: "This came after it was complete all the procedures and mechanisms by banks."



The source of early detection, in the (February 25, 2015), the Central Bank of Iraq began to apply the new system of remittances and sell the currency, as he pointed out that the bank denied stopped selling the dollar.


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ty rocky !!!!!!!!!!!!!!!

[therealbubbie] What is Foreign Remittance? Foreign remittance can be defined as ‘the purchase and sale of freely convertible foreign currencies as admissible under Exchange Control Regulations of the country’.

Be careful to read too much into this. These remittances will be the mechanism for ensuring currency stability until the dollar is no longer used.

With the above said, I think we can speculate that since the remittances start Sunday, the move to a float or perhaps a managed adjustment should begin.

STILL CANNOT GET INTO CHAT, JAVA ................... ANYWHOOO YOUR POST ARE AWE INSPIRING AS USUAL AND I SURE MISS YALL, HOPE THE AFTER PARTY IS SOON ENOUGH. OUR NEW FEARLESS LEADER ( PM) HAS RUN WITH THIS TORCH THAT WOULD MAKE ANY PAST OLYMPIAN PROUD,GREAT STUFF AND PLEASE KEEP UP THE GOOD WORK!

FAITHFULLY,

CAMPS

WINK WINK

P.S. OH AND THANKS GAFFI FOR YANKING ME OFF THAT ROOF TOP