TNT
Tishwash:
Small denominations of banknotes
The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020
Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting. ink
if this bank is doing it the probably all are doing it
Rafidain Bank makes a presentation: accounts and benefits for citizens
Al-Rafidain Bank announced, on Thursday, that it will continue opening accounts for citizens and other segments to deposit their money in the bank.
The media office of the bank said in a statement, "People" received a copy of it, (October 1, 2020), "The bank continues to open (saving and current) accounts for citizens and deposit their money in exchange for interest."
He called on citizens to "visit bank branches for the purpose of viewing special instructions and placing their money in the bank and not hoarding them in homes in light of the positive benefits set by the bank in return for that." link
Harambe:
Bloomberg: Iran’s Rial Weakens to New Record Low Against the Dollar
(10/1/20)
Iran’s rial weakened to a new low, breaching 300,000 to a dollar for the first time on the unregulated market in Tehran, three currency traders said.
It has now lost more than 46% of its value since January as the Middle East’s worst coronavirus outbreak compounded the impact of U.S. sanctions on critical oil exports. The deteriorating outlook triggered panic buying of euros and dollars on the open market.
The U.S. is considering yet more sanctions that would effectively sever Iran from the global economy. That proposal includes targeting those banks still able to facilitate imports, including of humanitarian goods, people familiar with the matter said on Monday.
https://www.bloomberg.com/news/articles/2020-10-01/iran-s-rial-weakens-to-new-record-low-over-u-s-sanctions-fears
Source: Dinar Recaps
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