Monday 4 January 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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