Established in 2006 as a Community of Reality

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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


2 posters

    Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI ke

    Rocky
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    • Post n°1

    Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI ke Empty Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI ke

    Post by Rocky Thu 31 Jan 2013, 11:49 am

    Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI keeps policy



    Iraqi economic expert said, “The current monetary policy pursued by the Central Bank of Iraq has led to a reduction in the value of the Iraqi dinar against the dollar, compared to what it was before the issuance of an arrest warrant former central bank governor Sinan al-Shabibi.

    And between economic expert, who declined to be named “The Iraqi dinar exchange rate before Fabricating a crisis the Central Bank arrived in price below its current price, stressing” that the bank could not maintain the value of its price old despite raising dollar sales even arrived last Sunday to about $ 220 million, compared with sales ranging between 175 – 200 million dollars before the decision to change Shabibi.

    And linking Iraqi expert among central bank sales and the amount of funds needed by the State to cover its operating budget from the salaries and financial obligations, and said that Iraq was able raise the value of the Iraqi dinar exchange rate 1187 dinars to the dollar if they are not to interfere in the management of the value of the Iraqi currency , but the government policy blundering and is an expert approved by the Iraqi market mainly on imports from abroad prevented raise the value of the Iraqi currency, especially if the dinar remained stalled at the rate of 1230 dinars to the dollar, he said, adding that this increase cost the Iraqi economy huge losses worth hundreds of millions of dollars a year.

    He asked an economist why Fabricating crisis Shabibi, who was accused of corruption, while continue the central bank to follow the policies in the sale of foreign currency?

    Expected to have the central bank to raise the value of the supply of the dollar against the continuing decline in the value of the Iraqi dinar in the case of the government’s refusal to obey to the wise management dinar exchange rate in the near term and medium term.

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    Neno
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    • Post n°2

    Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI ke Empty Re: Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI ke

    Post by Neno Thu 31 Jan 2013, 1:26 pm

    lol, we need to start posting these economist articles in the Koolaid section with a poll... ;)
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