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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The difficulties of the Iranian Toman are positively reflected on Iraq

    Rocky
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    • Post n°1

    The difficulties of the Iranian Toman are positively reflected on Iraq Empty The difficulties of the Iranian Toman are positively reflected on Iraq

    Post by Rocky Tue 23 Jan 2018, 1:33 am

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    The difficulties of the Iranian Toman are positively reflected on Iraq


    Baghdad / Fadia al-Jawari 

    The number of specialists in economic affairs reduces the potential impact of the devaluation of the Iranian currency against the US dollar on Iraqi deposits in Iran, pointing out that it has positive repercussions on the Iraqi economic situation and reduces the market value of Iraqi imports as one of the main importing countries for Iranian goods .
    "The financial deposit of the Iraqi investor in the Iranian banks and banks is not affected by the decline or collapse of the Iranian Toman against the dollar," said Central Bank Information Manager Acer Jabbar in an interview with Al-Mada. "The deposit of the Iraqi investor in the Iranian banks and banks is not the same as its interest in a certain investment department, Shares and securities and the basket of foreign currencies against the Iranian currency will certainly be affected by the decline or collapse of the Iranian Toman. " 
    The value of the Iranian currency (the riyal) or (the Toman) a continuous collapse against foreign currencies for the first time at this level, for the second week in a row, reaching an unprecedented level, where the exchange rate of the dollar on the black market local 46 thousand riyals per dollar.
    "The decline in the Iranian currency does not affect Iraqi investors because the decline or collapse of the Toman is due to the sanctions imposed by the United States of America on Iran, so there is no serious reflection on the Iraqi market. On the contrary, "This decline will reduce the investments in Iran and begin to move towards Iraq in light of the improvement of the security and economic situation of Iraq," noting that "the Iraqi import will be in recovery because the financial value of quantities imported Will be lower as a result of the decline Altoman against the US dollar Castirad fruit and vegetables Iranian dairy. "Turn, says banking expert Ghazi, said that"
    "The travel of citizens to Iran to deposit their funds in their banks or invest in them, earlier has important implications for the future of the private banking sector, which has seen the performance faltering with weak control over it, saying: The private banks were facing the problem of lack of liquidity, The most important of which is "the failure of the contractors and importers to obtain their dues from the government, which made them delay in returning the money to the banks and pointed out that this has" exacerbated the problem of private banks with their depositors. "
    "The supervision is now focused on private banks to contribute to the process of economic development, through the development of customer service in accordance with international standards and standards," he said, noting that "the Department of Banking Awareness and Public Protection, was directed to receive complaints from customers through international calendars, "Noting that" the presence of troubled banks in compliance with the requirements of the Central Bank on the subject of combating money laundering, noting that "dinars in circulation of 42 trillion Iraqi dinars, or about 35 billion dollars, and the banking system 15 percent, and the rest is stored in houses For the displeasure of the people Li banks so it is necessary to educate people to bid farewell to banks.
    It is noteworthy that "the Central Bank announced earlier, the approval of the Council of Ministers on the establishment of a company to ensure deposits in government and private banks with a capital of 100 billion dinars, and aims to" encourage citizens to deposit their money in banks instead of hoarding, which amounts outside the banks about 30 Trillion dinars. "The banking system in Iraq consists of 54 banks, and is divided according to ownership between seven government and 23 private trade, including 9 Islamic banks, in addition to 15 branches of foreign banks The economic experts in Iran, the collapse of the local currency and the rise in the dollar to the inability Central Bank to pump the currency Sidearms in the markets.





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