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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


    To prevent the monopoly of selling the dollar.. Claims to include government banks in selling the cu

    rocky
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    • Post n°1

    To prevent the monopoly of selling the dollar.. Claims to include government banks in selling the cu Empty To prevent the monopoly of selling the dollar.. Claims to include government banks in selling the cu

    Post by rocky Fri 16 Dec 2022, 5:28 am

    [rtl]To prevent the monopoly of selling the dollar.. Claims to include government banks in selling the currency[/rtl]

    [rtl]Posted 11 seconds ago
     
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    [rtl]Baghdad today - Baghdad
    Today, Friday, merchants and businessmen called on the government and the central bank to include government banks in selling dollars. 
    And through (Baghdad Today), merchants and businessmen stressed “the need to allow and include government banks in selling the dollar and not monopolize it on private banks only, specifically selling through the recent central bank decision through the documentary credits service.” 
    Yesterday, Thursday, the Central Bank of Iraq attributed the rise in dollar exchange rates in the local markets during the previous days to building an electronic platform that meets the requests of banks through it .
    And a statement by the Central Bank quoted an authorized source as saying 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 from their customers,” noting that “the bank started months ago to build that 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 .
    And he continued, “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-download it. And those procedures take additional time to accept the request and pass it through the global financial system .”
    And the source indicated, according to the statement, that “in this regard, the reserves of the Central Bank and the financial solvency of the state in general are in excellent condition and at their best levels in decades, and that the current supply of foreign currency is not linked to resources but to administrative and audit procedures, which will be bypassed in the coming days as well. .
    And he stressed, “The Central Bank has taken a number of measures to expand the supply of foreign exchange to meet the public's demand for cash dollars, and the management window has also been directed to meet the requests of banks for the coming days faster by executing double requests, and a preferential price has been given to implement documentary credits, and for the purpose of covering the demand.” Local,” according to the statement received by (Baghdad Today).



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