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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 Iraqi dinar falls dead in the conflict between America and Iran

    Rocky
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    • Post n°1

    The Iraqi dinar falls dead in the conflict between America and Iran Empty The Iraqi dinar falls dead in the conflict between America and Iran

    Post by Rocky Wed 28 Dec 2022, 5:45 am

    [rtl]The Iraqi dinar falls dead in the conflict between America and Iran[/rtl]
    policy  ,  2022/12/28 09:28  , the number of readings: 189 
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    [rtl]Baghdad - Iraq today:

    The exchange rate of the dollar in Iraq recorded an unprecedented increase in years, reaching 160 thousand dinars for every 100 US dollars, after the market witnessed a gradual rise in the past weeks, which negatively affected the prices of basic commodities in the country. While some link what is happening to the weakness of monetary policies in the country, observers believe that the US-Iranian conflict is the main reason for what is happening, amid fears that the crisis will deepen if the Sudanese Prime Minister, Muhammad Shia'a , does not provide sufficient guarantees.[/rtl]
    [rtl] Al-Sudanese called on the Central Bank of Iraq to achieve general stability in prices and the exchange rate of the dollar in accordance with the tasks stipulated in the Iraqi Central Bank Law. And Al-Sudanese explained during his meeting with the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, that the Central Bank Law provides for achieving stability in the local exchange rate, organizing and monitoring the work of banks, enhancing the safety and efficiency of payment systems, and developing the payment system. And he stressed "the need for the Central Bank of Iraq to take the necessary measures to prevent illegal speculation, and everything that harms the local market and leads to higher prices." [/rtl]
    [rtl]

    However, former member of the Finance Committee in the Iraqi Parliament, Ahmed Haj Rashid, attributed the reasons for the rise in the exchange rate of the dollar against the Iraqi dinar to the ongoing political conflicts between the United States and Iran. He said in a press interview, "What is happening now has nothing to do with the Central Bank of Iraq. Rather, the United States believes that the dollars that the Central Bank of Iraq is pumping into the Iraqi markets go to Iran, so the prime minister must make up his mind in this regard, and if he acts with sophistication and rationality, he will be able to restore the exchange rate to 148 thousand dinars, but if he acts otherwise, he is expected that the exchange rate is of the dollar Against the Iraqi dinar will reach 175 thousand dinars.According to al-Hajj Rashid, the United States asked al-Sudanese to pay a visit to Washington to decide whether he would be with it or within Iran's circle. And then you will decide.[/rtl]
    [rtl] Hajj Rashid confirms that Washington knows very well that Tehran's continued steadfastness throughout this period in front of the pressures it imposes on it is due to the trade exchange taking place with Iraq, so it wants to prevent Baghdad from dealing with Tehran even in Iraqi dinars. He pointed out that the United States plans to prevent Iran from exporting gas and electricity to Iraq in the coming period. Hajj Rashid believes that this measure, if it takes place, will cause great damage to the value of the Iraqi dinar. It is not excluded that Al-Sudani and his framework government will be subjected to pressure if he chooses to be within the circle of Iran.He continued, "If Al-Sudanese does not make up his mind during the coming period and does not join the American camp, demonstrations and protests by the Sadrists (the Sadrist movement) will begin, and Al-Sudanese government will be subject to completion. paralysis." [/rtl]
    [rtl]The Kurdish parliamentarian from Sulaymaniyah Governorate, Soran Omar, revealed what he called a "scandal" of a commercial bank that carried out a money laundering operation. Omar said in a press interview, "10 commercial companies were established in the names of citizens from the people of Sulaymaniyah without those knowing about them," pointing out that "the establishment of these commercial companies was with the aim of money laundering and currency smuggling abroad." He pointed out that this process was carried out through the branch of the Middle East Bank in Sulaymaniyah, which took advantage of clients' documents to establish fictitious companies that obtained billions in loans and then smuggled the money abroad under the pretext of importing goods.Soran Omar, who takes a position opposing the authorities, explained that the bank branch official in Sulaymaniyah is a Kurdish citizen and a resident of Sulaymaniyah, and many customers filed lawsuits against the bank after the Federal Intelligence Directorate investigated the names of the owners of those companies and cut off the ration card from them.[/rtl]
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