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


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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


    Advisor for the future: community banks monopoly of hard currency and exploit security situation

    Rocky
    Rocky
    Rocky
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    Posts : 268442
    Join date : 2012-12-21
    • Post n°1

    Advisor for the future: community banks monopoly of hard currency and exploit security situation Empty Advisor for the future: community banks monopoly of hard currency and exploit security situation

    Post by Rocky Mon 16 Jun 2014, 9:17 am

    Advisor for the future: community banks monopoly of hard currency and exploit security situation





    06/15/20140 
    The central bank adviser said the former Iraqi appearance of Mohammed Saleh, said that some private banks are working for their personal interests without restraint in the conduct of speculative cash to monopolize the dollar, calling for the monetary authorityto be held accountable immediately. 
    Saleh said in a statement the "future" yesterday (Saturday June 14, 2014) that the high exchange rate of the dollar in financial transactions in the capital Baghdad, which 
    eached to about (123) thousand dinars, compared to the category of U.S. $ 100, was 
    due to the unstable security situation and violence that allowed the existence of a state 
    of chaos in the conduct of monetary speculation by private banks, describing the 
    increasing popularity and demand for the U.S. dollar and foreign currency in Iraq, 
    currently about it is natural. 
    Saleh added that there was panic in the Iraqi society has led in turn to the presence of 

    Iqbal unrivaled on the purchase of hard currency to protect themselves from any real 

    risk of life-threatening, adding that the security situation is the current of the cause to 

    find a kind of mess to deal in hard currency by different entities. 
    He stressed adviser to the CBI the past that private banks doubled now from speculative 

    operations or what is known as "dollar cash" and $ 5,000 and received by the citizen 

    who wishes to travel to meet with presenting his passport or identity card, indicating 

    that some private banks take advantage of this process to get substantial financial gains 

    through the monopoly of foreign currency, which can be manipulated through control of 

    the operations of the supply and demand condition activation procedures exchange 

    foreign currency. Saleh pointed out that speculative operations by private banks in the 

    monopoly of the dollar and increase profits will create an atmosphere uncomfortable for 

    the Iraqi economy, and said the embargo on the monetary authority to monitor the 

    situation immediately and evaluation of pumping dollars of transactions sufficient to 

    him, stressing that the committees of inspection and checking on speculation in private 

    banks exist but they do not work in the case of the volatile security situation currently 

    Masterk a big impact on the local business market. 

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