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


    The exchange rates of the dollar in Iraq go down to 140 thousand per 100 dollars

    chouchou
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    The exchange rates of the dollar in Iraq go down to 140 thousand per 100 dollars Empty The exchange rates of the dollar in Iraq go down to 140 thousand per 100 dollars

    Post by chouchou Tue 22 Dec 2020, 11:13 am

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    Baghdad / Obelisk: The exchange rates of the dollar decreased in the main stock markets and local markets, Tuesday, December 22, 2020.

    The Kifah Stock Exchange recorded 140,000 dinars against 100 US dollars, while the exchange rates on Monday in the Kifah Stock Exchange recorded 142,500 dinars per 100 dollars.

    As for the exchange rate in the local market, it also decreased, as the selling price was: 141,000 dinars per 100 dollars, and the purchase price 139,000 dinars per 100 dollars.

    The owners of the exchange offices attributed the decline in the dollar exchange to the lack of demand and the increase in supply, despite the Central Bank of Iraq fixing the dollar exchange rate at 145 thousand dinars per 100 dollars.

    Iraqis fear that adjusting the foreign exchange rate will have negative repercussions on the poor and those with limited income, while claims are renewed in holding accountable the looters of public money, canceling the privileges of the political class, and reducing the salaries and privileges of MPs.

    One of the reasons for the crisis is that previous government eras were preoccupied with political conflicts and consolidating centers of political and economic influence, instead of making development a priority. It also drained public money with unplanned jobs and appointments that represent a convincing lining.

    The “dollar auction”, random import operations, and smuggling of hard currency play into the disappearance of large amounts of dollars while the state fails to curb it.

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