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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


Out of bounds

rocky
rocky
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Posts : 230627
Join date : 2012-12-21

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Post by rocky Mon 11 Dec 2017, 1:53 am

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London 
British opposition supports maintaining close trade ties with the European Union after exit The European Union (EU) 
policy chief said on Sunday that the party supports maintaining the closest possible trade relations with the EU after Britain leaves it, and will press the prime minister Teresa May to stick to it. 
"What are the benefits of the single market and the customs union?" Said Starmer, speaking on Andrew Marr's BBC program. There is no fee and there is agreement in the regulations and standards, which means for goods and services, the possibility of conducting successful business transactions in the future. 
We believe that the way to achieve this is to start with viable options, namely to remain in a customs union and a different form of a single market, which means full participation in the single market.
 
Dubai 
Kuwait raises the official selling oil to Asia in January , the price of 
oil industry source said on Thursday, Kuwait raised the official selling price of crude oil to Asian buyers in January by 20 cents a barrel from the previous month. 
Kuwait will sell its oil to Asian customers at a discount of $ 0.30 a barrel from the average price of Oman's and Dubai's benchmark crude oil in January, compared to $ 0.50 a barrel in December.
 
CAIRO: 
Egyptian pound retreated by 
around 20 piasters against the dollar over the past two weeks, reaching 17.83 to 17.98 pounds on Sunday for the biggest drop in the currency in nearly four months. 
Analysts said the fall in the pound over the past two weeks after months of relative stability was due to profit-taking and the adjustment of financial positions to foreign investors before the Christmas season and the end of the year.
The pound weakened sharply after the exchange rate was revised in November 2016 to about 19 pounds per dollar, before it started to recover in late February to about 15.67 pounds to the dollar in some banks. The pound stabilized at levels between 18.05 and 18.15 in March to fall to around 17.70 pounds on the first of August and settle at that level for a long time before retreating in the past two weeks. 
"The decline in the value of the pound to foreigners' relaxation of their investments in government debt instruments to profit and close their positions before the end of the year has boosted the demand for the dollar," said Mohamed Abou Pasha, Egypt's economic analyst at EFG-Hermes. 
Egyptian Finance Minister Amr al-Jarhi told Reuters on Sunday that foreign investments in government debt instruments had reached about $ 19 billion since the exchange rate was released on November 3, 2016 to Dec. 6.
The central bank's decision to liberalize the local currency exchange rate, which resulted in the pound losing half of its value, helped revive foreign flows on government bonds and treasury bills. 
"There is a foreign exit from debt instruments, so their monthly investment rate has reached the lowest level possible in November," said Noman Khaled, macroeconomic analyst at CI Capital Asset Management. 
The exit of foreigners from debt instruments puts pressure on the interbank market, because exit is through banks while entering through the central bank, so the decision to impose entry fees on foreign investments in the financial portfolios through the mechanism of the Central Bank. 
The central bank has started charging 1 percent of foreign investment to the portfolio since December 3, while leaving exit fees at 0.5 percent.



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    Current date/time is Tue 06 Dec 2022, 7:48 am