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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 Government of Iraq: The rise in the exchange rate of the dollar is temporary, and the financial

    Rocky
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    • Post n°1

    The Government of Iraq: The rise in the exchange rate of the dollar is temporary, and the financial Empty The Government of Iraq: The rise in the exchange rate of the dollar is temporary, and the financial

    Post by Rocky Fri 16 Dec 2022, 5:50 am

    The Government of Iraq: The rise in the exchange rate of the dollar is temporary, and the financial situation is at its best
    [size=11]Published Date: 15.12.2022 | 20:54 GMT |[You must be registered and logged in to see this link.][/size]
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    globallookpress

    The Iraqi government described the rise in the exchange rate as "temporary", and said that it "reassures all citizens that the financial situation of Iraq is at its best," and this came after a statement by the Central Bank in this regard.
    The government said in a statement that "the rise in the exchange rate is temporary as a result of changing the mechanism by which the window for selling foreign currency in the central bank operates," and added that it "reassures all citizens that the financial situation of Iraq is in its best condition."
    The government called on "all dealers, including investors and merchants, to cooperate with banks and the central bank by working in accordance with the commercial contexts in force globally, and importing under documentary credits, as it provides a guarantee for the importer, preserves his rights, secures imported goods, and enables him to benefit from banking facilities to cover the value of the credit." ". According to the statement.
    The government said in its statement that it confirms "its commitment to maintaining the stability of the local market, by supporting the stability of the exchange rate of the dollar against the Iraqi dinar, and it supports the central bank's steps in this regard
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    [size=20]And the "Central of Iraq" had earlier issued a statement about the rise in the exchange rate of the dollar against the dinar, and said in the statement that the slight rise in the exchange rate of the dollar in the local markets during the previous days was due to some factors, including the building of an electronic platform that banks raise the requests of their customers through.
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    He pointed out that months ago he started building that platform in coordination with international bodies for the purpose of tightening and organizing the operations of the foreign currency buying and selling window and ensuring effective control over it.
    He attributed many of the errors being discovered to "the novelty of using that platform".
    In the statement, the Central Bank described the state of its reserves and the state's financial solvency in general as "excellent and at its best levels in decades."
     
    Source: RT
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