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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 issues an explanation regarding the high exchange rate of the dollar

    Rocky
    Rocky
    Rocky
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    • Post n°1

    The Central Bank issues an explanation regarding the high exchange rate of the dollar Empty The Central Bank issues an explanation regarding the high exchange rate of the dollar

    Post by Rocky Thu 15 Dec 2022, 5:47 am

    [size=45][size=41]The Central Bank issues an explanation regarding the high exchange rate of the dollar[/size]
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    Today, Thursday, the Central Bank issued an explanation regarding the rise in the exchange rate of the dollar, while indicating that the rise is due to several factors, including building an electronic platform through which banks raise the requests of their customers.
    The Central Bank said, in a statement received by (Al-Oula News), that “the slight rise witnessed by the exchange rate of the dollar in the local markets during the previous days is due to some factors, including the building of an electronic platform through which banks raise the requests of their customers,” noting that “it began months ago to build these The platform, in coordination with international bodies, for the purpose of ruling and regulating the operations of the buying and selling window of foreign currency and ensuring effective control over it, as a specialized international company was commissioned to build it and link banks with the Central Bank through it.
    He added, “The platform requires providing information about customers requesting transfers, beneficiaries, correspondent banks, etc.,” explaining that “due to the recent use of this platform, many errors are being discovered, which requires the bank to re-upload them, and these procedures take additional time to accept the request and pass it through the financial system.” Global".
    He stressed that "the reserves and financial solvency of the state in general are in excellent condition and at their best levels in decades," pointing out that "the current supply of foreign currency is not linked to resources, but rather to administrative and audit procedures, which will be bypassed in the coming days in addition to that."
    He pointed out that he had taken a number of measures to expand the supply of foreign exchange to meet the public’s demand for cash dollars, stressing that he directed the management of the window to meet the requests of banks for the coming days faster by executing double requests. .
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    Rocky
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    • Post n°2

    The Central Bank issues an explanation regarding the high exchange rate of the dollar Empty THE CENTRAL BANK EXPLAINS THE REASON FOR THE HIGH DOLLAR EXCHANGE RATE

    Post by Rocky Thu 15 Dec 2022, 7:25 am

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    Economie

    [size=38]THE CENTRAL BANK EXPLAINS THE REASON FOR THE HIGH DOLLAR EXCHANGE RATE[/size]


    Thursday, December 15, 2022 2:30 PM
    Baghdad / National News Center
    The Central Bank explained, today, Thursday, the reason for the high exchange rate of the dollar in the local markets.
    The Central Bank said in a statement received by the National News Center: “The slight rise witnessed by the exchange rate of the dollar in the local markets during the previous days is due to some factors, including the building of an electronic platform through which banks raise the requests of their customers,” noting that it “started months ago to build This platform is in coordination with international bodies for the purpose of ruling and regulating the operations of the buying and selling window of foreign currency and ensuring effective control over it, as a specialized international company was assigned to build it and link banks with the Central Bank through it.
    He added, “The platform requires providing information about customers requesting transfers, beneficiaries, correspondent banks, etc.,” explaining that “due to the recent use of this platform, many errors are being discovered, which requires the bank to re-upload them, and these procedures take additional time to accept the request and pass it through the financial system.” Global".
    He stressed that "the reserves and financial solvency of the state in general are in excellent condition and at their best levels in decades," pointing out that "the current supply of foreign currency is not linked to resources, but rather to administrative and audit procedures, which will be bypassed in the coming days in addition to that."
    He pointed out that he had taken a number of measures to expand the supply of foreign exchange to meet the public’s demand for cash dollars, stressing that he directed the management of the window to meet the requests of banks for the coming days faster by executing double requests. .
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