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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


    Senior Economist: Stop foreign currency transfers would lead to a major catastrophe against the Iraq

    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    Senior Economist: Stop foreign currency transfers would lead to a major catastrophe against the Iraq Empty Senior Economist: Stop foreign currency transfers would lead to a major catastrophe against the Iraq

    Post by Hkp1 Mon 24 Dec 2012, 11:26 am

    Senior Economist: Stop foreign currency transfers would lead to a major catastrophe against the Iraqi dinar



    Posted on December 24th, 2012
    By: kald


    BAGHDAD (Iba) ..
    Considered an expert in economic affairs Dr. peace Sumaisem, asked the
    central bank to stop transfers that come from foreign banks a major
    disaster lead to the demolition of the exchange rate of the Iraqi dinar
    against the U.S. dollar after improved during the last few years.


    Said Smeisim told the independent press (Iba) ... Monday that "taking
    the central bank procedures new off foreign remittances that come from
    the banks will lead to a disaster in the exchange rate the Iraqi dinar
    against the U.S. dollar, saying: that stop foreign remittances will lead
    to higher price dollar exchange and the lack of risk in the financial
    market over the demand for it and say was vulnerable and thus higher
    Sheeran says and increase its value against the value of the Iraqi
    dinar. "


    She added: that the deterioration of the currency of any country lead
    to the deterioration of the economy and thus that the currency is
    economic value of the country and stop the foreign remittances make a
    wrong lead to the low exchange rate of the dinar against the U.S.
    dollar.


    She explained: that just a rumor like this news in the market lead to
    an impact on the dollar exchange rate, stressing: that one of the means
    that helped Asagrar Iraqi dinar exchange rate after 2003 are
    distribution outlets and currency auction In the case of off foreign
    remittances and enter banks to auction currency will lead to Dollar
    rises.


    She Sumaisem: action must be taken properly informed by the Central
    Bank before and get negative results lead to the deterioration of the
    currency of the country and its economy. (End)





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