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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 current dollar price will remain for the next five years

rocky
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Finance - The current dollar price will remain for the next five years Empty The current dollar price will remain for the next five years

Post by rocky Sun 15 Aug 2021, 7:33 am

[size=30]The current dollar price will remain for the next five years[/size]
The government is determined to achieve its goal by setting three main goals 


[You must be registered and logged in to see this image.]The current dollar price will remain for the next five years
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Erbil (Kurdistan 24) - Today, Sunday, August 15, 2021, the Parliamentary Finance Committee determined that the exchange rate of the dollar would remain at its current status, while indicating that raising the exchange rate aims to achieve three main factors. Committee member Naji al-Saidi said, in a press statement, that "the exchange rate will remain in place during the next period for the next five years, on the description that the real value of the Iraqi dinar is determined through the exchange of the dollar towards the dinar, in addition to the purchasing power of the Iraqi dinar and what produces goods and net services during a certain period." ".
He continued, "The government is firm in achieving its goal by defining three main goals: the first is financial, which is to reduce the deficit in the public budget, the second goal is a monetary goal by increasing reserves, and the third goal is to increase the competitiveness currently produced within the country towards other goods exported from neighboring countries, and this The main goal that the government seeks by filling the budget deficit.
He pointed out that "the devaluation of the dinar has increased the competitiveness of the Iraqi price on the description that goods that come from abroad, especially Turkey, Iran, Syria, Saudi Arabia and Jordan benefit from the strength of the Iraqi dinar against the dollar because the dollar currency is a global currency, and when the dollar exchange rate is raised, the competitiveness of goods will rise and fall, because it Iraqi exports from abroad are declining.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
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Finance - The current dollar price will remain for the next five years Empty Parliamentary Finance: The dollar exchange rate will not change for the next five years

Post by rocky Sun 15 Aug 2021, 7:37 am

Parliamentary Finance: The dollar exchange rate will not change for the next five years
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The Parliamentary Finance Committee revealed that the exchange rate will remain at its current position for the next five years.
Committee member Naji al-Saidi said that raising the exchange rate aims to achieve three main factors, the first: financial, which is to reduce the deficit in the public budget, and the second goal is a monetary goal by increasing reserves, and the third goal is to increase the competitiveness currently produced within the country towards other goods exported from countries Neighborhood and this is the main goal that the government seeks by filling the budget deficit.
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Finance - The current dollar price will remain for the next five years Empty The Finance Committee resolves the controversy: the price of the dollar will not change before 5 yea

Post by rocky Sun 15 Aug 2021, 7:47 am

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The Finance Committee resolves the controversy: the price of the dollar will not change before 5 years
August 15, 2021



The committee set the government's goals for the new monetary policy
Ultra Iraq - Editorial Team
The Finance Committee in the House of Representatives suggested, on Sunday, that the current exchange rate of the dollar will remain on its position for a period of five years.
Committee member Naji al-Saidi said in a statement, August 15, that "the exchange rate will remain in place during the next period for the next five years, given the determination of the value of the Iraqi dinar, purchasing power and the resulting net goods and services during a certain period."
Al-Saidi added, "The government is resolute in achieving three main goals: reducing the deficit in the public budget, increasing reserves, and raising competitiveness with imported goods, all of which achieve what efforts are made to bridge the deficit in the country's financial budget."
The member of the committee explained that "the devaluation of the dinar increased competitiveness in favor of local products, and reduced the volume of imports, especially from Turkey, Iran, Jordan, Saudi Arabia and Syria."
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Finance - The current dollar price will remain for the next five years Empty Parliamentary Finance: The current dollar price will remain for the next five years

Post by rocky Sun 15 Aug 2021, 7:55 am

Parliamentary Finance: The current dollar price will remain for the next five years
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