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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


    Warning of a "danger" threatening the political system and Iraqi-Iranian relations

    Rocky
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    • Post n°1

    Warning of a "danger" threatening the political system and Iraqi-Iranian relations Empty Warning of a "danger" threatening the political system and Iraqi-Iranian relations

    Post by Rocky Thu 12 Oct 2023, 5:02 am

    Warning of a "danger" threatening the political system and Iraqi-Iranian relations
    [You must be registered and logged in to see this link.] |Today
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    Baghdad today - Baghdad 
    Today, Thursday (October 12, 2023), economic expert Nabil Al-Marsoumi warned of a danger threatening the political system and the Iraqi government, as well as a threat to the political and economic relations between Iraq and Iran.
    Al-Marsoumi wrote in a blog post on his personal account on the Facebook platform, followed by “Baghdad Today,” that “the continuing growing gap between the official and parallel prices of the dinar against the dollar poses a danger to the political system and the Iraqi government if it is not neutralized or reduced.”
    He added, "Failing to reduce the gap will ultimately lead to drying up the sources of the monetary dollar and then stopping trade between Iraq and Iran, which will harm the supreme economic interests of Iran, which considers Iraq at the heart of the Iranian economic strategy, which provides it with an important source for obtaining the US dollar and a tributary." "It is important to employ more than a million Iranian workers working to produce and export goods to Iraq, and all of this may ultimately lead to serious developments in political and economic relations between Iraq and Iran."
    On Tuesday (October 10, 2023), economic expert Nabil Al-Marsoumi made observations about the decline in the value of the Iraqi dinar compared to the US dollar in the “black” parallel markets, specifying (5) reasons for the occurring fluctuation.
    Al-Marsoumi said in a post on Facebook, followed by “Baghdad Today”, and commenting on the measures to control exchange rates, that “The Central Bank of Iraq wants to ban cash and support electronic payment, as private banks use the cash they buy from the Central Bank to finance trade with Iran.” And Syria.”
    Regarding granting the dollar to travelers, he explained that “it does not reach them, so the demand for the cash dollar increases,” indicating that “the current exchange rate crisis is not only monetary and technical, but is essentially a political and economic crisis, and those who believe and promote that the general level of prices are not affected by the rise in the parallel dollar are delusional.” ".
    Earlier today, Tuesday (October 10, 2023), economic expert Nasser Al-Kanani warned that the dollar exchange rate would exceed the barrier of 200 thousand dinars.
    Al-Kanani said in an interview with “Baghdad Today” that “if the dollar exchange rate continues to rise without real measures, the price will exceed 200 thousand at the end of the current year,” pointing out that “this is because the government and the Central Bank continue to take ill-considered decisions.”
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