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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

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    Amidst a warning of a "hungry revolution"... Behind the scenes of the rise: American pressure to pre

    Rocky
    Rocky
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    Amidst a warning of a "hungry revolution"... Behind the scenes of the rise: American pressure to pre Empty Amidst a warning of a "hungry revolution"... Behind the scenes of the rise: American pressure to pre

    Post by Rocky Mon 26 Dec 2022, 7:41 am

    Amidst a warning of a "hungry revolution"... Behind the scenes of the rise: American pressure to prevent dollar smuggling and the closing of party banks



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    2022-12-26 07:12
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    Shafaq News/ Member of the Parliamentary Finance Committee, Muhammad Nuri, attributed, on Monday, the unprecedented rise in the exchange rate of the dollar against the Iraqi dinar, to the agreement concluded between Iraq and the United States of America.



    Nuri told Shafaq News agency, "The rise in the exchange rates of the dollar against the Iraqi dinar is due to stopping the promotion of cash dollar imports to Iraq, according to the agreement between the Central Bank of Iraq and the US Federal Bank, which entered into force three months ago."
    He added, "As well as stopping banks affiliated with political parties that were working to smuggle the dollar and preventing it from entering the auction selling foreign currency to be smuggled through unofficial outlets."
    Nuri pointed out that "there is American pressure by not paying cash oil import money from dollars to the Central Bank of Iraq to prevent smuggling it to neighboring countries, specifically Turkey and Iran."
    And a member of Parliamentary Finance stated, "These measures led to limiting the sale of the dollar, and because of the merchants' need for foreign currency, the exchange rate rose."
    Nuri stressed that "if there is no real decision and steps from the Prime Minister, Muhammad Shia'a al-Sudani, through pressure on the American side and the economics of political parties and limiting the smuggling of currency outside the country, the exchange rate of $100 will exceed $160."
    Since last November, dollar prices have witnessed fluctuations against the Iraqi dinar, which gradually increased to reach its peak today, Monday, as the dollar exchange rate, until the moment of writing this news, reached more than 156 thousand dinars to 100 dollars.
    In turn, the head of the "Enough" political movement, former MP Rahim al-Darraji, predicted the outbreak of a "hungry revolution" in Iraq due to the continued rise of the dollar in the local market.
    Al-Daradji, a member of the former Parliamentary Finance Committee, told Shafaq News agency, "The continued rise of the dollar will lead to an increase in the prices of foodstuffs as well as medicines and other materials, and this matter will push to raise the poverty rate in the country, and this matter will lead to the withdrawal of the middle class." And not just the poor."
    He added, "The repercussions of the catastrophe of the continuous rise of the dollar in the local market will lead to the anger of the Iraqi people, especially those with the middle and poor classes, and this matter may prompt the outbreak of a hungry revolution throughout Iraq, and this is what we hope will happen in order to remove the most corrupt political class that ruled Iraq." Over the years, it was the cause of the destruction of Iraq on various levels.
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