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


A deputy expects the exchange rate to rise to 1600 dinars due to an expected procedure, of which he

rocky
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A deputy expects the exchange rate to rise to 1600 dinars due to an expected procedure, of which he  Empty A deputy expects the exchange rate to rise to 1600 dinars due to an expected procedure, of which he

Post by rocky Mon 29 Mar 2021, 9:28 am

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518 Policy 2021/03/29 16:07 ht Baghdad today -
Follow-up , Hamid Al-Mousawi, the deputy of the Al-Fateh Alliance, warned of a major and expected setback that the Iraqi market may suffer in the coming days, while the dollar exchange rate in the market is expected to become 600 dinars against the dollar in the coming period. Al-Mousawi said in a televised statement (Baghdad Today), that "the continued adoption of the price of 1450 for the exchange of the dollar will expose the market to a major setback, due to the loss of consumer confidence in it," indicating that "the coming days will witness a rise in the dollar exchange rate to 1600 dinars against the dollar in case of necessity." To dispose of cash reserves. " "The Iraqi dinar will lose a lot of its value if the government insists on adopting the exchange rate set by the government in the budget law, which is 1450 dinars, and the Iraqi citizen is most affected by this matter," he added. Moussawi added that "the dollar exchange rate will be sold in the coming days at two prices, one set by banks and the other by the market, and this matter will lead to market confusion and increase its prices to more than 30% compared to previous prices." And a member of the Parliamentary Finance Committee, Muhammad al-Shabaki, confirmed yesterday, Sunday (March 28, 2021), that the House of Representatives is obligated to vote on the exchange rate of the dollar approved by the government in the draft budget law for 2021. Al- Shabaki said, to (Baghdad Today), that “Parliament Al-Iraqi is obligated to vote on the exchange rate of the dollar as stated by the government in the draft budget bill, despite the existence of major parliamentary objections to this price, but Parliament does not have the authority to amend, because this matter is done exclusively by the government. And that "the amendment of the exchange rate of the dollar against the Iraqi dinar in the draft budget law, will lead to many amendments to the paragraphs and articles of the law, in addition to that any amendment will be a cause of a high budget deficit."
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