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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


    Parliamentary Finance: The central bank is responsible for rising dollar

    Rocky
    Rocky
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    Parliamentary Finance: The central bank is responsible for rising dollar Empty Parliamentary Finance: The central bank is responsible for rising dollar

    Post by Rocky Mon Oct 10, 2016 6:34 am

    [ltr]Parliamentary Finance: The central bank is responsible for rising dollar[/ltr]




    [ltr] [size=13]October 10, 2016 - 11:19[/ltr][/size]

    [ltr]

    BAGHDAD / News Network Iraq carried the parliamentary finance committee, the Central Bank ofIraq, the responsibility of the US dollar rise against the dinar. According to a statement of thecommittee today, that " the decline in the dinar exchange rate against the dollar caused by theadoption of the central bank of some private banks and not others in an auction sale of the currency and the weakness in the monitor the performance of these banks. "financial and demanded parliamentary" the central bank need to adjust the trading currency auction and evaluate theperformance of private banks , "indicating that" official data and statistics affirm provide some private banks purchase invoices are not real in the auction currency. "parliamentary finance committee and revealed the" intention to form the fact - finding committee to find out the reasonsfor the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions that tainted many question marks, and put an end to the mafias control the market and some currency traders at a price Dinaralarac exchange. "It is said that the dollar exchange rate testified two weeks ago against the dinar rise surpassing 1300 dinars to the dollar, in local markets. sells CBI, in its daily auction of dollar amounts sometimes exceeding 130 million mostly Khawwalat and is priced at 1182 dinars to thedollar.





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    [/ltr]
    Rocky
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    Parliamentary Finance: The central bank is responsible for rising dollar Empty A parliamentary committee discussed rising dollar rates next week

    Post by Rocky Mon Oct 10, 2016 10:40 am

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    October 9, 2016 | 21:31


    Network Iraqi position

    It announced the economic and investment commission in parliament, for a meeting soon gathered with the Central Bank to discuss the rise in the dollar price, while confirming that the internal and external market asks month three billion of hard currency, noting that the next week will move us with the relevant authorities in order to avoid the rise.

    A member of the Commission, Najiba Najib, told a news briefing on Sunday, said that the specialized parliamentary committees is following with concern the high dollar prices in the local markets and disabled Parliament in conjunction with the religious rites of the month of Muharram, as Manglth new morning newspaper.

    She explained Najib, the dollar exchange rate exceeded the local markets are now 1,300 Iraqi dinars, an indicator "should stand with him the fact that now is the central bank's price is 1200 dinars," and pointed out that next week's move by the Commission with the relevant authorities will get to avoid the rise being "affects almost directly on the lives of ordinary citizens."

    The answer, that the Commission either go to the central bank early next week "to investigate the matter, or that it will host its officials in a joint meeting with the Finance Committee," he said, saying that this crisis came "as a result of the global collapse of oil prices, the Iraqi The income decreased up to two-thirds what it was before the year 2014 ".

    And increased member of the parliamentary committee that "the rise of the dollar has a price for many reasons, the most important of the existence of a huge demand by the central bank can not fulfill Bkmyate," asserting that the amounts being requested by the estimated monthly up to $ 3 billion, "some of them out of Iraq, and the rest are within local markets." .

    Najib also confirmed that the size of the monthly revenue for Iraq from the current oil ranges between one million and a half million to two billion dollars and therefore "there will be a deficit in the fulfillment of requests," emphasizing that "the Commission found in the central bank currently holds the audit requests and trying to balance between the quantity and what is the present and draw sometimes reserves, including the national economy does not hurt. "

    The specialized money laundering issues the court had revealed earlier this month for fraud in gripping and documents led to smuggle millions of dollars abroad through fictitious companies and banking act contrary to the law Dealers, and criticized what it promised to double the official banking supervision or civil.

    This comes at a time, I talked Association of Iraqi banks for the measures taken by the Central Bank will contribute over the next few days, the decline in the exchange rate of the dollar.

    The past few days in the dollar price increased sharply and the price of $ 100 to more than 131,000 Iraqi dinars.

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