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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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

    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278598
    Join date : 2012-12-21

    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar Empty Economist: Central Bank intervention in the market to keep the exchange rate of the dinar

    Post by Rocky Wed 12 Feb 2014, 2:11 pm

    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar



    Published on Wednesday, February 12, 2014 15:49
    Written by: Super User



    BAGHDAD - Awan

    Deputy former central bank governor, on Wednesday, said the central bank intervention in the market to maintain the stability of the Iraqi dinar and maintain purchasing power.

    He said the appearance of Mohammed Saleh told the "time", that "the Iraqi dinar is protected range is strong, and the cover of foreign currency is very high unless they are used for the purposes of reserves dedicated to the support of the Iraqi dinar."

    "The currency's rise and descent depends on the actions of monetary policy, and there is nothing looming on the depreciation of the dinar against the dollar," explaining that "the central bank intervenes in the market to maintain the stability of the Iraqi dinar and maintain the purchasing power of the Iraqi dinar and this is called the value of foreign money ".

    He believed that "the financial market is stable, and the stability of the indicators of whether or not to clear the relationship between the price of the Iraqi dinar against the dollar," adding that "the greatest threat to the dinar is the external conditions such as the price of oil and Iraq's revenues."

    He was a member of the Committee on the economy and investment representative, accused the Central Bank, to take action intended to demolish the domestic economy, returned its decision without deliberate and aimed to hit the local currency market.

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    jacksmack
    jacksmack
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    Posts : 143
    Join date : 2013-05-10

    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar Empty Re: Economist: Central Bank intervention in the market to keep the exchange rate of the dinar

    Post by jacksmack Wed 12 Feb 2014, 5:40 pm

    --------"the greatest threat to the dinar is the external conditions such as the price of oil and Iraq's revenues."----------

    HUMMMM? Based on GDP? ...........You don't say?
    Neno
    Neno
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    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State

    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar Empty Re: Economist: Central Bank intervention in the market to keep the exchange rate of the dinar

    Post by Neno Wed 12 Feb 2014, 6:26 pm

    jacksmack wrote:--------"the greatest threat to the dinar is the external conditions such as the price of oil and Iraq's revenues."----------

    HUMMMM? Based on GDP? ...........You don't say?
    ... ;) but, the HCL has not been approved so, there is no Oil Value....YET!!

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    Economist: Central Bank intervention in the market to keep the exchange rate of the dinar Empty Re: Economist: Central Bank intervention in the market to keep the exchange rate of the dinar

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