Central Bank: 5 thousand dollars just for travelers outside Iraq

Okay is this part of the New CBI Regulations? Because in the past they lets the citizens take out 10 thousand dollars?



The time on Friday, October 05, 1 / Okrudolf 2012 07:43 | Print | E-mail

Baghdad / Orr News

Iraqi central bank decided not to allow citizens to travel outside Iraq to bring the cash more than 5 thousand dollars.

The central bank adviser said the appearance of Mohammed Saleh, said that the bank and within the work of the new procedures for the organization treated the commercial market and monetary Baghdad and the provinces issued a circular to all government and private banks to grant Iraqi citizens cash when you change the local currency into foreign currencies other for the purposes of travel and tourism and pilgrimage and treatment outside the country by giving them $ 5 Thousands of dollars only when you change currency and without collateral taken from citizens who wish to change their local currencies.

Saleh added that the central bank also decided to double the quota weekly to these banks to about $ 4 million for the purposes of covering spaces change the currency for travelers and without collateral and complications when changing currency in order to expand the deal market and give the flexibility and wide freedom of dealing with citizens and facilitate their affairs, as well as doubling the amount of dollar cash for the purposes of travel and tourism and pilgrimage and treatment, as any citizen can now get the 5 thousand dollars when discharges from the local currency into foreign as Iraqi nationality and has the paperwork, and in the context of efforts to reduce the rate of speculation and facilitate procedures for citizens. [b]


http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.uragency.net%2F

Central: Allow remove 10 thousand dollars in cash for travel


10/07/2012 12:00 am

BAGHDAD - morning
The Central Bank of Iraq that it allows each traveler Iraqis remove the amount of value of up to ten thousand dollars in cash while allowing every citizen to buy the amount of five thousand dollars each time.

The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that "the central bank allows each person to bring the amount up to ten thousand dollars for travel purposes, and health to reduce the amount."

Saleh added that "every citizen in the country able to buy from every bank or company money transfer or company banking every time the amount of five thousand dollars and at market rolling. "was the Iraqi Central Bank announced last week for substantial convergence rate sale of hard currency in the bank auction and the price on the market that make the proportion of the difference between the two prices to drop to less than 2 percent.

And saw foreign currency exchange rate against the Iraqi dinar rise in the markets over the past months, inspired by what is happening in the region, especially in Syria and Iran of international economic sanctions.


http://www.alsabaah.com/ArticleShow.aspx?ID=36582