Sandy Ingram
Article: "Iraq to end all dollar cash withdrawals by Jan. 1 2024 - Central Bank official".
Iraq is back on track...starting January 1, 2024. The Central Bank of Iraq will only do banking with Iraqi citizens using the Iraqi dinar...
IQD investors outside of Iraq may have difficulty exchanging the currency. Why?
Because we will not have access to IQD banking. 2. The IQD may not be available on the Forex market thus not exchangeable by US banks...
In other words it is not beyond the US Federal Bank to help Iraq come up with a plan that could exclude individuals with Iraqi dinar but include different countries around the world...If we do not address this issue there is a real possibility we may have difficulty exchanging the IQD for the USD.
[Note: Be sure you're on the Dinar Guru Alert list to stay informed about possible exchange procedure updates. Blue box at top of this page...it's free.]
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