Click the image to see the larger version. Future of the USD in Iraq as the IQD takes a stronger hold.
A quick update to the previous post concerning the move to use IQD rather than USD in Iraq. First, here is the original email sent to many military personel:
Subject: The Future of the USDolar in Theater (part 2)
UNCLASSIFIED
ALCON,
What this means to you:Your old MoAs are good until 31 May 2009 or until replaced by
one signed by MAJ Harvey.If you want to cash Corporate checks you really need to justify
it well. It will also slow down the approval process. So don’t put them
on the roster unless there is an actual need.Effective 1 June 2009 we will no longer disburse US Dollars. You
need to push your employees towards EagleCash if they want to use the
local Finance office. They will still be able to use personal checks,
but the funds will be loaded on to an EagleCash Card. EagleCash can be
used everywhere on Tallil cash is not needed. They will also be able to
obtain Iraqi Dinar.If you deal with Iraqi nationals you should be paying or
purchasing with Iraqi Dinars.If you have any questions please let me know.
V/R
Next, here is the text from the file attached to this email. Click the image to the right to see the full size original.
Update: Future of the USD in Iraq
As U.S. Forces conduct stability operations in support of Operation Iraqi Freedom, the removal of US currency and increased use of Electronic Funds Transfers (EFT) and Iraqi Dinar are top priorities. Therefore, US currency will be reduced to an operational minimum at all finance offices in theater.
The U.S. Dollar is being phased out of the Iraqi theater. The increased use of Iraqi Dinar will facilitate a decrease in the dependency of the local economy on the U.S. Dollar, and to encourage Iraqi Financial Institutions to expand and mature into reliable resources for the Iraqi people.
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