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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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    A statement from the Iraqi Private Banks Association regarding the rise in the dollar exchange rate

    Rocky
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    A statement from the Iraqi Private Banks Association regarding the rise in the dollar exchange rate  Empty A statement from the Iraqi Private Banks Association regarding the rise in the dollar exchange rate

    Post by Rocky Tue 27 Dec 2022, 5:19 am

    A statement from the Iraqi Private Banks Association regarding the rise in the dollar exchange rate 

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    Economy News - Baghdad
    The Association of Iraqi Private Banks confirmed today, Tuesday, that the government and the Central Bank have taken several steps to limit the rise in the exchange rate of the dollar against the dinar.
    The Association said in a statement, “The Association of Iraqi Private Banks and its member banks are monitoring the recent rise in the exchange rate and confirming that this rise is a result of modifying the mechanism of the foreign currency sale window in the Central Bank of Iraq and according to the requirements of international transactions, and that the Iraqi government has taken measures related to the way Collecting tax and customs fees at border crossings to encourage merchants to work directly with banks and prevent double taxation.
     The statement added, "The Central Bank of Iraq has also taken several measures that will limit the rise in the exchange rate, and the Association affirms its support for government efforts and the efforts of the Central Bank, and confirms the readiness of its banks to sell foreign currency to merchants wishing to open documentary credits at the official price for import purposes, and invites merchants to benefit from that." ".
    The Association stressed the need for "the media to play a positive role in raising awareness and to stay away from undocumented news that contributes to undermining confidence in the Iraqi currency, financial and monetary policies, and Iraqi banks." 
     



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    Added 12/27/2022 - 10:47 AM
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