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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


Is the danger close to the Iraqi dinar?

rocky
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Is the danger close to the Iraqi dinar? Empty Is the danger close to the Iraqi dinar?

Post by rocky Fri Mar 05, 2021 2:50 am


Is the danger close to the Iraqi dinar?

21:48 - 04/03/2021


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Books / Fadel Hussain Al-Khafaji
The Iraqi dinar today ... is its political _ security situation. In a position between the two houses, at this stage, and upon return
To the history of the dinar .. The expectations exchange in Baghdad has returned, with speculations between fears overly pessimistic and those full of optimism.
Pessimism and optimism are not new to the Iraqi dinar .. We all remember the nineties of the last century and the siege that led
To make the US dollar equivalent to about 3000 Iraqi dinars, and the consequences that have negatively affected the Iraqi people in general. Is that hopeful
That the Iraqis are holding on the government’s program has made expectations between pessimism and optimism the political background and its contradictory analyzes.
People of pessimism focus on the fact that the government exaggerated the exchange rate of the US dollar at the equivalent of 1450 Iraqi dinars while it was
Its price before that is equivalent to about 1190 dinars, and through this the clear difference between them becomes clear. And this, of course, will be borne by the citizen .. because the prices
Goods imported from abroad and which are presented on the market, it is natural for their prices to rise, and the reason is that the import takes place in currencies.
As a result, the citizen is affected the most by this change.
As for the optimistic people (who are very few), they assert that the main reason for the devaluation of the Iraqi dinar against the US dollar is a depreciation.
Global oil prices and their impact on Iraqi treasury revenues, which depend on oil imports at a rate of more than 95% of [You must be registered and logged in to see this link.] budget .
The optimism of the optimists and the pessimism of the pessimists are not without their impact on citizens ... However, between optimism and pessimism are facts that must be
Record it in any abstract analysis of the future of the Iraqi dinar.
Conclusion .. any rate of the Iraqi dinar ... the banking, economic and popular circles ... despite the fact that the monetary data
The current finances outweigh the pessimists ... The old price of 1190 dinars against the US dollar is the best way to improve oil prices ...
And the (price) of the country and the citizen remains the most expensive.
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