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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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    Ruudao's Economist: Iraqi deposits in Iranian banks have lost more than half their value

    Rocky
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    Ruudao's Economist: Iraqi deposits in Iranian banks have lost more than half their value Empty Ruudao's Economist: Iraqi deposits in Iranian banks have lost more than half their value

    Post by Rocky Thu 02 Aug 2018, 4:17 am

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    2018/08/02 12:05

    (Encyclopedia of this day for [You must be registered and logged in to see this link.]) - Iraqi economic academic Nabil al-Marsoumi confirmed Thursday that the Iraqi deposits in Iranian banks have lost more than half of their value because of the large decline in the exchange rate of the tuman. "Some estimates indicate that the amounts are up to one billion Dollar and 40% of Kurdistan. "Al-Marsoumi said in an interview with the RODAO news network that" the large drop in the exchange rate of the Iranian currency led to the exposure of Iraqi deposits in Iranian banks for large losses, as deposits lost more than half of their value. "He said: That the amounts up to one billion dollars and 40% of Kurdistan, That the deposed Iraqis have lost half a billion dollars is likely to increase those losses if applied economic sanctions on Iran. "The professor of economics at the University of Basra that" Iraqi traders are doing this to fund their imports of more than $ 6 billion a year. "In response to a question about the reasons for the Iraqi citizens' orientation towards Iranian banks, Al-Marsoumi said: Iraqis deposit their money in Iranian banks because of: - The high interest rate granted by Iranian banks to depositors, which is more than 15% and sometimes up to more than 22%. Also, Iranian banks are easy and easy in financial transactions and the depositor can get the interest rate monthly This prompted many Iraqis to sell their property and transfer their money to the Iranian banks. This was also encouraged by the failure of the Iraqi banking system and the crisis of confidence between it and the people, and the reluctance of some private banks to hand depositors to their depositors on the pretext of lack of liquidity as well as the low interest rate in Iraqi banks, More than 5%. "Al-Marsoumi believes that" some religious fatwas, which have protested the absence of a legal problem, have raised the benefits given by Iranian banks as an Islamic state that does not deal with riba on the direction of capital towards Iranian banks and the placement of funds. " Knowing that the collapse of the Toman, a shock to some of the families of Iraq, which had relied entirely on the benefits derived from these benefits, in financial matters.These sources predicted that the collapse of the Iranian currency with the entry of the second phase of economic sanctions on Iran, In August.





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