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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


    The continued rise in the dollar exchange warns of new economic risks

    Rocky
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    • Post n°1

    The continued rise in the dollar exchange warns of new economic risks Empty The continued rise in the dollar exchange warns of new economic risks

    Post by Rocky Wed 28 Dec 2022, 4:25 am

    [size=35][size=35]The continued rise in the dollar exchange warns of new economic risks[/size]
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    Sumerian special

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    2022-12-28 | 03:38




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    Once again, the exchange rate crisis ravages the Iraqi economy, burdening the citizen, who is now suffering from two things, with the absence of stability in prices and their significant increase. A dangerous and unprecedented rise of nearly one hundred and sixty thousand dinars for the one hundred dollar category put people with limited incomes and the poor in front of a new high-price wave that negatively affected their living conditions. While the wholesale markets are almost empty of shoppers, which generated great discontent and increased the appeals of citizens who demanded urgent action to restore stability to exchange rates.


    In a statement, the Central Bank justified the rise in the exchange rate of the dollar in the local markets to technical factors, including building a modern electronic platform through which banks raise requests for their customers to buy dollars, while the Central Bank decided to implement the recommendations of the [url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] not to meet customs duties and tax amounts stipulated in the budget law. Federal General for the fiscal year two thousand and twenty-one with the aim of addressing the rise in dollar exchange rates.





    As for the government, it has renewed its commitment to maintaining the stability of the local market, by supporting the stability of the exchange rate of the dollar against the Iraqi dinar. Where the media office of the Prime Minister indicated, in a previous statement, that the current rise in the exchange rate of the dollar is temporary, and the necessary remedies will be taken, especially since the financial situation of [You must be registered and logged in to see this link.] is at its best, while Mazhar Muhammad Salih, the economic advisor to the Prime Minister, explained that there is real and serious work before The [url=https://www.alsumaria.tv/Entity/3140041613/%D8%B3%D9%84%D8%B7%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D8%AF/ar/]monetary authority[/url] is to ensure the stability of the exchange rate during the next few days, and this work is by granting advantages to external transfer requests that are made through the traditional means adopted in financing foreign trade, stressing that the official reserves of hard currency are at their highest historical levels, as they are approaching a hundred billion dollars.
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