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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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


    Economic warnings .. The citizen will be a victim of the high dollar exchange rate

    Rocky
    Rocky
    Rocky
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    • Post n°1

    Economic warnings .. The citizen will be a victim of the high dollar exchange rate Empty Economic warnings .. The citizen will be a victim of the high dollar exchange rate

    Post by Rocky Fri 03 Apr 2020, 1:48 am


    Economic warnings .. The citizen will be a victim of the high dollar exchange rate

    09:38 - 03/04/2020



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    Information / private ..
    Economic expert Wissam Al-Tamimi warned, on Friday, against the high exchange rates of the dollar in local markets, pointing to most commodities that will witness a rise in prices, especially since most of them arrive in [You must be registered and logged in to see this link.] through import.
    Al-Tamimi said in a statement to "Information", that "the central bank has a cash reserve in excess of $ 60 billion, and therefore it is able to curb the rise in the exchange rate of the dollar in local markets."
    He added that "raising the dollar exchange rate may be taken by the government as an excuse to compensate for the losses in oil selling prices, but that will make the citizen a victim of the dollar, especially since many transactions take place in dollars, in addition to the fact that most of the goods are imported from outside the country and purchased in dollars."
    And that "the positive side of the high dollar exchange rate is the resort of most investors in the private sector to setting up factories inside [You must be registered and logged in to see this link.]Instead of importing goods at a high price from abroad, which will boost national production, [You must be registered and logged in to see this link.] may turn from an importing country to an exporter within 10 years. ” 25 n ended


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