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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


    “Temporary solutions.” An economist criticizes the government's measures to address the dollar crisi

    Rocky
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    “Temporary solutions.” An economist criticizes the government's measures to address the dollar crisi Empty “Temporary solutions.” An economist criticizes the government's measures to address the dollar crisi

    Post by Rocky Sat 31 Dec 2022, 5:26 am

    [size=45][size=41]“Temporary solutions.” An economist criticizes the government's measures to address the dollar crisis[/size]
     Two days ago
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    Today, Thursday, the economist Nabil Al-Ali criticized the government's measures to address the crisis of the dollar's high exchange rates in the local markets, while stressing the need to solve the issue of "remittances."
    Al-Ali said, in a press interview seen by Taqaddam, that “the government’s measures to strengthen dollar cash in the markets to try to end the crisis of the recent rise in dollar exchange rates are patchwork and temporary.”
    He added, "This measure contributes to a temporary reduction of exchange rates, but it will not represent a financial and economic solution," noting that "the Federal Bank may object to the amount of money fed by the central bank and the government as local cash, and the crisis may return again."
    The economist stressed, “The need for the government and the central bank to contribute to resolving the issue of remittances that adhere to international standards, which is a priority to fully resolve the crisis.”
    Earlier, the Central Bank took several decisions to reduce the exchange rates of the dollar after the major crisis that hit the local markets, which caused great boredom among the Iraqi people.
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