CBI Press Release Translation
To / approved all banks ( to suspend trading in dollars ) 08/11/2015
http://www.cbi.iq/documents/Announcemen11-8-2015.pdf
http://www.cbi.iq/?pid=Home&lang=ar
http://www.theiqdteam.com/blog/cbi-news-announcements1
We posted the above Press Release and have been waiting for a translation from someone I met thru email a couple days ago who is in Baghdad but have NOT received yet.
Then I started receiving many emails saying the following:
A certain Guru said this is what it said but there was NO link just the following statement:
ALL BANKS ARE NOW TO ONLY TRADE IN DINARS AND THE US DOLLAR TRADE IS SUSPENDED IN IRAQ
SO I SEARCHED AND FOUND THE FOLLOWING:
Thank you to George Hayduke DV
I found this posted by George Hayduke, Sr Member Dinar Vets
Posted Yesterday, 01:06 PM
I just checked with a friend of mine in Baghdad who said the following:
(Document - http://www.cbi.iq/documents/Announcemen11-8-2015.pdf
no more work with US $ for the 2 Iranian bank in Baghdad.
I'm not sure that either one has anything to do with complete de-dollarization of Iraq's currency but is more directed toward terrorists and the black market. Still, it is good news that some degree of currency reform is taking place.
Posted Yesterday, 07:47 PM
An official translator in Iraq provided the following:
CBI001 See Below
To / approved all banks ( to suspend trading in dollars ) 08/11/2015
http://www.cbi.iq/documents/Announcemen11-8-2015.pdf
http://www.cbi.iq/?pid=Home&lang=ar
http://www.theiqdteam.com/blog/cbi-news-announcements1
We posted the above Press Release and have been waiting for a translation from someone I met thru email a couple days ago who is in Baghdad but have NOT received yet.
Then I started receiving many emails saying the following:
A certain Guru said this is what it said but there was NO link just the following statement:
ALL BANKS ARE NOW TO ONLY TRADE IN DINARS AND THE US DOLLAR TRADE IS SUSPENDED IN IRAQ
SO I SEARCHED AND FOUND THE FOLLOWING:
Thank you to George Hayduke DV
I found this posted by George Hayduke, Sr Member Dinar Vets
Posted Yesterday, 01:06 PM
I just checked with a friend of mine in Baghdad who said the following:
(Document - http://www.cbi.iq/documents/Announcemen11-8-2015.pdf
no more work with US $ for the 2 Iranian bank in Baghdad.
I'm not sure that either one has anything to do with complete de-dollarization of Iraq's currency but is more directed toward terrorists and the black market. Still, it is good news that some degree of currency reform is taking place.
Posted Yesterday, 07:47 PM
An official translator in Iraq provided the following:
CBI001 See Below
More Info: Response from Easyrider Dinar Vets
You are partially correct this is dealing with a few banks that were involved with money laundering. I had this translated as well. These are the last banks that were corrupt. They are being dealt with right now. This is great news reform can definitely move forward because if any of the state banks are corrupt it doesnt make sense to RV while money laundering is happening this will deal the final blow to the corrupted banks.
#32 Carrello
Posted Yesterday, 08:25 AM
From an Arabic translator: This is what my friend said...."they stopped using dollars with co op regional bank and barcan bank"
This may have something to do with the 13 banks charged with money laundering and the case that is in court currently. Sorry, but I think we will be hearing good news soon.
More when I get it....