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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


    Central: the falling dollar is linked to the new system for the sale of currency

    Rocky
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    • Post n°1

    Central: the falling dollar is linked to the new system for the sale of currency Empty Central: the falling dollar is linked to the new system for the sale of currency

    Post by Rocky Thu 02 Mar 2017, 2:08 am

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    Central: the falling dollar is linked to the new system for the sale of currency


     Baghdad / term 

    It attributed the Central Bank of Iraq, on Wednesday, the reasons for the low exchange rate of the US dollar against the Iraqi dinar in the local markets , to implement the new system , the application window to sell foreign currency, stressing his intention to take additional measures to reach the target price. 
    The bank said in a statement obtained (range) , a copy of " The implementation of the new system applied to a window sale of foreign currency led to a marked decline in the exchange rate of the dollar against the Iraqi dinar," noting that " the new system removed the middlemen and hackers by changing the requirements and procedures towards simplification and transparency in the sale of foreign currency window operations, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing. " 
    The statement added that " the new system 's success encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules check the clarity and transparency of these operations to cover" 
    the statement said, " The control of the exchange rates in light of the challenges and economic conditions the financial and security record of monetary policy success in absorbing large shocks to Iraq , "stressing that" the improvement in oil prices and the elimination of al Daesh terrorist will be a significant impact in supporting the country 's financial situation, and thus relieve the pressure on monetary policy and to allow them the opportunity to achieve more stability cash for this country. " 
    And continued dollar in the local market prices decline which saw stocks struggle - Baghdad declined to prices Wednesday 125.100, while the stock market prices for Sunday's 125.500, and buy and sell prices in shops banking dollar selling price = 125.500 dinars have seen, and the purchase price of the dollar = 124.500 dinars . 
    Experts in economic affairs believed to be for speculation of some banks and banking and monopoly currency is the main reason for the fluctuation of exchange rates in the market, and swung the fall in the exchange rates, after the central bank measures introduced foreign currency as well as sell the currency for travelers, became available in local markets, stressing at the same time that the movement of trade at the present time have been recorded fold over the same period last year, as well as local market trading indicators and keep citizens in foreign currency owned by him , led him to reduce the demand for the dollar, which form the low dollar exchange rate against the week , the Iraqi dinar the past.

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