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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


    The Central Bank clarifies the fact of changing the exchange rate

    Rocky
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    • Post n°1

    The Central Bank clarifies the fact of changing the exchange rate Empty The Central Bank clarifies the fact of changing the exchange rate

    Post by Rocky Thu 13 Oct 2022, 7:45 am

    [rtl]The Central Bank clarifies the fact of changing the exchange rate[/rtl]

    [rtl]Posted 58 minutes ago
     
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    Economy
    |
    06:19 - 10/12/2022
    Baghdad - Mawazine News
    , on Wednesday, the Central Bank of Iraq denied the existence of efforts to change the exchange rate of the dollar, while warning against the process of destroying the economy and its stability.
    Central Bank Adviser Ihsan Shamran al-Yasiri told the official news agency, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are no efforts now to change it."
    He added, "The pressures exerted to change the exchange rate are populist, and if the change takes place, it will destroy the economy and stability, because financial and economic transactions and investors built their projects on the new rate, and it is correct to seek to change the exchange rate."
    Al-Yasiri continued, "Changing the exchange rate raised the competitiveness of the local product, and although there are some harms to the consumer, the change process enabled the government to pay the salaries of employees after the state budget was empty." Ended 29/R77
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