6-7-2013 *American Contractor

[Vixen]

6-7-2013 *American Contractor ~Article: "Secret Procedures for recovery of the dinar against the dollar" The Iraq Central bank has imposed new rules on the Iraq Banking sector in regards to hard currency and the Iraq dinar. Each Iraqi citizen is limited to how much Iraq dinar they can exchange for hard currency. The limit per person is $5000 USD. They have to show their Iraqi passport & then they can make their transaction. But, most Iraqi's don't have a passport. The Central Bank is now encouraging the black market to prosper. Now see why in the upcoming weeks the sale of the US dollars will go down, but this will only be temporary. This will not be good long term for Iraq.