Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact
No Result
View All Result
Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact
No Result
View All Result
Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
No Result
View All Result
  • Home
  • News
  • Dinar Guru
  • Video
  • Audio
  • Contact
Home Dinar Guru Updates Iraq

The Central Bank allows the import of Iranian tomans with its latest decision.. Experts but how?

November 9, 2023
in Iraq
Share on FacebookShare on Twitter

Iraqi experts said that the Central Bank’s decision to “conditionally” allow the import of foreign currency likely targets currencies subject to American sanctions or restrictions, such as the Iranian toman, or exceeds the limits on some companies in the Gulf and Turkey, via the lira and a number of Arab currencies, but they wondered. How to do that, and what will be in return for it, as part of attempts to alleviate the dollar market, which has been under maximum pressure for months.

What I think is most likely is that the Central Bank of Iraq wants to allow banks to buy currencies other than the dollar, to conduct contracts in these currencies, and have a balance in the lira, dinar, and toman… etc., and thus carry out commercial operations through them, and this does not contradict the Federal Bank, but the decision here is in how the exchange Currency: If you buy currencies from countries under sanctions, such as the toman, the exchange for them must be either an Iraqi dinar or a dollar, so how will we be able to barter them!? Will this be a commercial exchange?

Jalil Al-Lami, economist:
The market is witnessing a shortage of most imported goods, especially consumer tools, so the Central Bank of Iraq decided to work to reduce pressure on the dollar in the parallel market on the one hand, since dollar prices are still high, and to facilitate the import of currency and foreign transfers on the other hand.

The Central Bank of Iraq allows licensed Iraqi banks to import foreign currency in order to provide the required flexibility for banks operating in Iraq and in order to prepare for the next stage that the banking sector awaits early next year, provided that the banks adhere to the conditions announced.

964media.com

Tags: “it’sallowsbankbutcentraldecisionexpertshowimportiranianiraqlatestthetomanswith
Previous Post

Iraqi Dinar/US Dollar auction results for today 11-9-2023

Next Post

The Central Bank announces a decline in inflation rates for the current year

Related Posts

Trump’s One Big Beautiful Bill and an IQD Update “The Quiet Phase”

Trump’s One Big Beautiful Bill and an IQD Update “The Quiet Phase”

May 22, 2025
Iraq Updates 05-16-2025

Iraq Updates 05-16-2025

May 16, 2025
Iraq’s Trade Bank Just Passed JPMorgan Chase’s Global Systems Test

Iraq’s Trade Bank Just Passed JPMorgan Chase’s Global Systems Test

May 16, 2025
What Day is Iraq Hosting the Arab Summit?

What Day is Iraq Hosting the Arab Summit?

May 13, 2025
This is What you were Waiting for regrading IQD

This is What you were Waiting for regrading IQD

May 10, 2025
Central Bank of Iraq Publishes List of Banks Exchanging Dinars for Dollars

Central Bank of Iraq Publishes List of Banks Exchanging Dinars for Dollars

May 10, 2025

At Dinar Detectives, we provide daily dinar updates and dinar recaps, featuring insights from popular dinar gurus. Stay informed with our comprehensive coverage of the latest dinar chronicles and gain valuable insights from dinar guru opinions.

Links

  • Home
  • News
  • Video
  • Audio

Useful

  • Privacy Policy
  • Disclaimer
  • Resources

Investment Indicator
Dinar Tube
Crypto Recaps

  • Privacy Policy
  • Disclaimer
  • Resources

© Dinar Detectives. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact

© Dinar Detectives. All Rights Reserved