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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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    The governor of the Central Bank pledges to hold accountable banks that manipulate exchange rates

    Rocky
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    • Post n°1

    The governor of the Central Bank pledges to hold accountable banks that manipulate exchange rates Empty The governor of the Central Bank pledges to hold accountable banks that manipulate exchange rates

    Post by Rocky Sat 19 Feb 2022, 9:16 am

    [size=45][size=41]The governor of the Central Bank pledges to hold accountable banks that manipulate exchange rates[/size][/size]

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    Nour News / Baghdad
    Today, Saturday, the Governor of the Central Bank, Mustafa Ghaleb, pledged to hold banks that do not comply with controls and manipulate the exchange rates of the dollar accountable.
    A statement by Al-Zamili's office, a copy of which was received by Al-Nour News, stated that during the hosting, many inquiries, questions and proposals were raised by members of the House of Representatives to the Governor of the Central Bank.
    The First Deputy instructed, to form a parliamentary committee to investigate the facts, gather information and follow up on the work of the Central Bank, calling on the government to address the negatives resulting from the change in the exchange rate and the rise in market prices.
    He stressed that the House of Representatives will take all necessary measures if the government is unable to do so and will be obligated to use its constitutional powers to treat the effects of this issue.
    For his part, the Governor of the Central Bank clarified the monetary policy of the bank and the reasons that prompted to raise the exchange rate of the dollar, pledging to hold to account the banks outside the controls and manipulating exchange rates.
    Al-Zamili called on the Central Bank’s administration to provide the House of Representatives with data, information and periodic reports on currency sale auctions, and to work on evaluating the banking policy in the country.
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