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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 Central Bank has made some progress in restoring market stability

    Rocky
    Rocky
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    The Central Bank has made some progress in restoring market stability Empty The Central Bank has made some progress in restoring market stability

    Post by Rocky Fri 24 Nov 2023, 12:30 pm

    [size=38]The Central Bank has made some progress in restoring market stability[/size]


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    November 24, 2023[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath: The Parliamentary Finance Committee confirmed that the Central Bank has come a long way in restoring market stability.
    Committee Chairman Atwan Al-Atwani said that diversifying sources of foreign currencies in commercial transactions is the only way to address the problem of the increasing demand for the dollar and create a parallel market for selling hard currency.
    He added that by responding to our previous call in this regard, by starting to open various windows to deal in other foreign currencies and adopting the (clearing) system in trade exchange with various countries, it has come a long way in the mission of restoring market stability, getting rid of the dominance of the dollar, and strengthening The strength of the Iraqi dinar and its entry into global commercial transactions.
    He stressed the importance of this approach as an effective solution and a well-thought-out strategy to open new horizons that ensure the facilitation of commercial transactions procedures at various levels.
    He stressed: We renew our full support for the steps of the Central Bank of Iraq as it moves steadily towards developing real solutions to the crisis, while we look forward to other steps that will restore stability to the market and end the problem of exchange rate fluctuations and increasing demand for the dollar.
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