Established in 2006 as a Community of Reality

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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.

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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


3 posters

    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar

    Rocky
    Rocky
    Admin Assist
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    Posts : 268447
    Join date : 2012-12-21

    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar  Empty Expert: rising inflation leads to weak purchasing power of the Iraqi dinar

    Post by Rocky Sun 06 Oct 2013, 9:49 am

    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar







    05-10-2013 11:29 AM

    Baghdad (newsletter). The financial expert said Majid mock, that weakened the purchasing power of the Iraqi dinar means that inflation is offset by a rise in prices, which significantly affect the economic stability of the Iraqi dinar.

    Mock said (News Agency): economic stability means stable exchange rate at home and abroad, adding that any weakness in the Iraqi dinar weakens the economy and affect all economic transactions and accounts.

    And: the decline of purchasing power of the dinar will raise the value of the dollar as a result of increased demand and declining confidence in the Iraqi dinar, which is what he pays to economic instability.

    He continued: this command will force the Central Bank to meet the demand for the dollar by showing more of the dollar in Basra, and affects the Bank's hard currency reserves. Saw the Iraqi dinar exchange rate sharply in the past months, born in local market confusion but soon settled its price to the current time./finished/5 l. Eng. -

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    wayoutnow
    wayoutnow
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    Location : Arkansas

    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar  Empty Re: Expert: rising inflation leads to weak purchasing power of the Iraqi dinar

    Post by wayoutnow Sun 06 Oct 2013, 9:53 am

    Yes this is true !!! How ever rv means strong purching power for Iraq and us !!!!! Like get started on my Christmas list its long and expensive !!! Who wants a new car ?????
    jacksmack
    jacksmack
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    Posts : 143
    Join date : 2013-05-10

    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar  Empty Re: Expert: rising inflation leads to weak purchasing power of the Iraqi dinar

    Post by jacksmack Sun 06 Oct 2013, 4:41 pm

    Yes, rising inflation or a rise in the price of food leads to an adjustment in currency........... if they do it is another story all together.

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    Expert: rising inflation leads to weak purchasing power of the Iraqi dinar  Empty Re: Expert: rising inflation leads to weak purchasing power of the Iraqi dinar

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