A few state banks are offering documentary credits to businesses in Iraq. This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate. Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.