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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Regarding the dollar exchange rate... Al-Sadr proposes to summon the Minister of Finance and the Gov

rocky
rocky
NNP TEAM
NNP TEAM


Posts : 225743
Join date : 2012-12-21

Finance - Regarding the dollar exchange rate... Al-Sadr proposes to summon the Minister of Finance and the Gov Empty Regarding the dollar exchange rate... Al-Sadr proposes to summon the Minister of Finance and the Gov

Post by rocky Fri 18 Feb 2022, 6:01 am

[size=52]Regarding the dollar exchange rate... Al-Sadr proposes to summon the Minister of Finance and the Governor of the Central Bank "immediately"[/size]

[size=45]On Thursday, the leader of the Sadrist movement, Muqtada al-Sadr, presented six proposals regarding the exchange rate of the dollar against the Iraqi dinar, including the immediate summoning of Finance Minister Ali Allawi and Central Bank Governor Mustafa Ghaleb.[/size]
[size=45]Al-Sadr’s proposals included, according to a statement, “strongly stopping currency smuggling, looking into the matter of some banks (such as Al-Sharq Al-Awsat, Al-Qabd, and Al-Ansari) belonging to some people who control the currency, and other private banks, and dealing firmly with banks belonging to some of the parties controlling the country and the people.” .[/size]
[size=45]In addition, al-Sadr urged "to organize the Iraqi currency market centrally and in a correct manner, by enacting some laws that increase the value of the dinar exchange rate."[/size]
[size=45]Al-Sadr had called yesterday, Wednesday, to spare the Iraqis the damages of interest resulting from the high exchange rates of the dollar in the country.[/size]
[size=45]Al-Sadr wrote in his Twitter post, "The rise in the dollar exchange rate, and the benefits and damages that it entails, should not at all cause a rise in the prices of commodities in the markets, especially the important ones."[/size]
[size=45]He stressed the need to work through economic security, to punish all merchants who seek to do so, and the like, and according to the law, especially among the people approaching the month of Ramadan.[/size]
[size=45]It is noteworthy that the annual inflation in Iraq rose significantly after raising the exchange rate of the dollar against the dinar in the 2021 budget, to equal every 100 dollars 145 thousand dinars, after it was 121 thousand.[/size]
[size=45]It is worth noting that all the prices of materials and commodities in the Iraqi market witnessed a significant increase, in conjunction with the devaluation of the dinar, which sparked a wave of strong resentment among the popular circles, as well as the objections of some interested in economic affairs.[/size]
[size=45][You must be registered and logged in to see this link.]

    Current date/time is Thu 06 Oct 2022, 3:41 am