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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

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    An Economist Expects A Rise In Real Estate Prices Due To The “Chaos” Of The Currency Market

    Rocky
    Rocky
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    An Economist Expects A Rise In Real Estate Prices Due To The “Chaos” Of The Currency Market Empty An Economist Expects A Rise In Real Estate Prices Due To The “Chaos” Of The Currency Market

    Post by Rocky Sat 19 Feb 2022, 6:39 am

    [size=38]An Economist Expects A Rise In Real Estate Prices Due To The “Chaos” Of The Currency Market
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    2022/02/19 | 3:31 PM
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    Information / Baghdad..
    The economist, Nabil Al-Marsoumi, expected, on Saturday, a rise in real estate prices and a decline in the sales of the Central Bank of Iraq in the coming days.
    Al-Marsoumi said, in a Facebook post, which was seen by / the information / that “the unexpected response from the Minister of Finance and the accompanying turmoil in the currency market will prompt most people to give up their dollar savings and convert them into the Iraqi dinar.”
    He added, "The demand for land, real estate and gold will rise in the absence of confidence in the Iraqi banking system and because it is a store of value, which will lead to an increase in their prices or people hoard some of their savings in Iraqi dinars."
    The economist also expected that "the sales of the Central Bank of Iraq will decline in the coming days due to the increase in the dollar's supply in the local market."
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      Current date/time is Mon 26 Feb 2024, 6:03 am