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1-4-2016 *American Contractor

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1-4-2016 *American Contractor

Unread postby Vixen » Mon Jan 04, 2016 1:29 pm

1-4-2016 *American Contractor ~The Central Bank of Iraq (CBI) published a report, which says something to the effect “Decides to re-evaluate these investment shares at the beginning of 2016.” I would like to draw attention to this because many have misinterpreted this statement. This is not the revaluation or the changing of the exchange rate in a positive nature. The CBI is requesting that all financial institutions in Iraq update and balance their bank books. The CBI sends this request each and every year about this time.
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