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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


    An economist explains the possibility of Iraq to maintain the dollar exchange rate

    Rocky
    Rocky
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    An economist explains the possibility of Iraq to maintain the dollar exchange rate Empty An economist explains the possibility of Iraq to maintain the dollar exchange rate

    Post by Rocky Sun Mar 22, 2020 4:09 am


    An economist explains the possibility of Iraq to maintain the dollar exchange rate

    09:05 - 22/03/2020



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    Information / private
    On Sunday, economist Dr. Safwan Qusai said that the central bank has reserves that enable it to maintain the dollar exchange rate for a certain period, pointing out that the demand will be greater on the dollar if the world cannot control the Corona virus in the second quarter of this year.
    Qusai said in a statement to the "information", that "the monetary policy controls the exchange rate of the dollar and the banks were not affected by the operations of pumping Iraqi cash or foreign currency."
    He added that " [You must be registered and logged in to see this link.] revenues decreased due to the low price of oil, and it was possible that the Ministry of Finance and the Central Bank could not finance the amount of the dollar required in the local environment, but not for the current period."
    And that " [You must be registered and logged in to see this link.] in the event that there is no decline in the Corona virus in the second quarter of this year, it is possible that there will be an increase in the level of demand for the dollar in [You must be registered and logged in to see this link.] and the world."
    He explained that "the dollar may be a safe haven for the world, especially with the drop in the price of shares due to the decline in the level of production, causing the decline in the level of profits and all things are declining except for gold, which is the least loss."
    He stressed that "the central bank has reserves that enable it to maintain stability at dollar prices, but for a certain period." 25 n ended
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    Rocky
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    An economist explains the possibility of Iraq to maintain the dollar exchange rate Empty Economist: The Central Bank Has Reserves That Enable It To Maintain The Dollar Exchange Rate

    Post by Rocky Sun Mar 22, 2020 5:50 am

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    [size=40]Economist: The Central Bank Has Reserves That Enable It To Maintain The Dollar Exchange Rate
    [You must be registered and logged in to see this link.] On 3/22/2020 - 11:37 AM  8[/size]
    Al-Ahed News- Baghdad
    Today, Sunday, economist Dr. Safwan Qusai said that the central bank has reserves that enable it to maintain the dollar exchange rate for a certain period, pointing out that the demand will be greater on the dollar if the world cannot control the Corona virus in the second quarter of this year.
    Qusai said, "The monetary policy controls the exchange rate of the dollar and the banks were not affected by the Iraqi currency or foreign currency pumping operations."
    He added that "Iraq revenues decreased due to the low price of oil, and it was possible that the Ministry of Finance and the Central Bank could not finance the amount of the dollar required in the local environment, but not for the current period."
    And that "Iraq, in the event that there is no decline in the Corona virus in the second quarter of this year, it is possible that there will be an increase in the level of demand for the dollar in Iraq and the world."
    He explained that "the dollar may be a safe haven for the world, especially with the drop in the price of shares due to the decline in the level of production, causing the decline in the level of profits and all things are declining except for gold, which is the least loss."
    He stressed that "the central bank has reserves that enable it to maintain stability at dollar prices, but for a certain period." Finished 2


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