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


    Al-Kazemi's advisor to Al-Furat News: The dinar will not collapse and be covered by good precautions

    Rocky
    Rocky
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    Posts : 273566
    Join date : 2012-12-21

    Al-Kazemi's advisor to Al-Furat News: The dinar will not collapse and be covered by good precautions Empty Al-Kazemi's advisor to Al-Furat News: The dinar will not collapse and be covered by good precautions

    Post by Rocky Wed 22 Dec 2021, 6:13 am

    Al-Kazemi's advisor to Al-Furat News: The dinar will not collapse and be covered by good precautions

    •  Time: 12/21/2021 15:08:49
       
    •  Reading: 2,158 times

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    {Economic: Al Furat News} A financial advisor to Prime Minister Mustafa Al-Kazemi ruled out a collapse of the local currency {the Iraqi dinar}.
    Mazhar Muhammad Salih told {Euphrates News}: "There is no collapse of the local currency, and the Iraqi dinar is strong, and it is covered by good foreign reserves."
    He pointed out that "the monetary policy deals with the dollar, and resorting to the system of two currencies (domestic and foreign in trade) because there are precautions in dealing with foreign currency and its stability, as well as the stability of transactions in it as well."
    It is noteworthy that the local market and some wholesalers began to deal exclusively in US dollars without the local currency, for fear of a collapse in it, as happened in neighboring countries and the region such as Turkey, Iran and Lebanon.

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