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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 dollar re-registers its high official prices.. 10 billion dinars were lost by citizens who sold

    Rocky
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    • Post n°1

    The dollar re-registers its high official prices.. 10 billion dinars were lost by citizens who sold Empty The dollar re-registers its high official prices.. 10 billion dinars were lost by citizens who sold

    Post by Rocky Sun 13 Nov 2022, 7:32 am


    [size=30]The dollar re-registers its high official prices.. 10 billion dinars were lost by citizens who sold their hard currency and speculators won

    2022-11-13
    [/size]
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    Yes Iraq: Baghdad

    The exchange rates of the dollar against the dinar in the local markets and stock exchanges have risen again, to exceed the barrier of 148 thousand dinars per 100 dollars, after an emergency decline in the value of the dollar in the local markets during the past two weeks.
    The central Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad recorded, this afternoon, an exchange rate of 148,200 Iraqi dinars for 100 US dollars, while the prices on Sunday morning were 147,750 Iraqi dinars for 100 dollars.
    While the buying and selling prices increased in exchange shops in the local markets in Baghdad, where the selling price reached 148,750 Iraqi dinars for every 100 US dollars, while the buying prices amounted to 147,750 Iraqi dinars for every 100 US dollars.
    This gradual rise came about two weeks after a sharp decline in the exchange rates of the dollar in the local markets as a result of “rumors” and statements by representatives and speculators regarding working to reduce the price of the dollar against the dinar, which severely manipulated the market and prompted citizens to sell their dollars quickly, and this wave started from October 25 until Today, and during the past week, prices began to rise gradually after the Central Bank's assurances not to manipulate the exchange rate of the dollar, which led to great losses for citizens who sold their dollars at cheap prices before prices rose again.
     
    Cash sales of dollars per day in the Iraqi market are estimated at about 30 million dollars on average, which means that citizens who sold at a price difference of 30 dinars per dollar due to the decline and offered their dollars for sale largely in the market, which led to a drop in prices to 1450 dinars per dollar, have lost nearly a billion dinars in per day, and while the decline continued due to the offer to sell the dollar in a large way for a period of about two weeks days, this means that the loss of citizens amounted to an average of about 10 billion dinars, and at the same time speculators gained these 10 billion dinars because of this crisis and the confusion in prices caused by the statements of the representatives about Reducing the exchange rate.
    These losses caused calls from experts for the affected citizens to file lawsuits against the deputies and speculators who broadcast propaganda to reduce the price of the dollar, which led to citizens selling their dollars at low prices and thus losing them.
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