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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 collapse of the dinar.. the deputy speaker of parliament calls for "not enabling" spe

    Rocky
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    To prevent the collapse of the dinar.. the deputy speaker of parliament calls for "not enabling" spe Empty To prevent the collapse of the dinar.. the deputy speaker of parliament calls for "not enabling" spe

    Post by Rocky Thu 29 Dec 2022, 5:57 am

    To prevent the collapse of the dinar.. the deputy speaker of parliament calls for "not enabling" speculators in the black markets



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    2022-12-28 08:12
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    Shafaq News/ The Second Deputy Speaker of Parliament, Shah Wan Abdullah, called today, Wednesday, to "not enable" those who control the "black markets" to take advantage of the exchange rate disturbances, and to enhance the demand for the Iraqi currency through the state's spending on infrastructure projects to counter the rise of the dollar against the dinar. .
    The media office of the second deputy speaker of parliament said in a statement received by Shafaq News agency, "The deputy speaker of the Iraqi parliament, Shahe, and Abdullah Ahmed, called on the cabinet in the federal government, the Ministry of Finance, and the Central Bank of Iraq to reconsider financial policy, take sound measures and decisions, and increase the opening of sales outlets." Foreign currency in banks and at the government rate, in order to prevent a rise in the exchange rate of the US dollar.
    Abdullah added that this rise "has recently negatively affected markets and basic food commodities, which has burdened the citizen."
    The Deputy Speaker of Parliament pointed out, "The need to implement precautionary financial policies to maintain the exchange rates of the dollar against the Iraqi dinar, and to enhance the demand for the national currency through the continued state spending on infrastructure projects, the acceleration of economic growth rates and the increase in internal demand."
    Abdullah continued, "Those who control black markets must not be enabled to benefit from exchange rate turmoil, and to surround wrong monetary practices that harm the economy and commercial activity throughout the country."
    The economic and financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, confirmed today, Wednesday, that the exchange rate of the dollar against the Iraqi dinar is on its way to stability in its normal state.
    Yesterday, Tuesday, Prime Minister Muhammad Shia al-Sudani directed the Central Bank of Iraq to activate steps to sell foreign currency at official rates to the population, with the aim of curbing the rise in the exchange rate of the dollar against the local currency in the markets.
    The rise of the dollar in the Iraqi local markets led to an increase in the prices of foodstuffs in the wholesale markets, which are considered the main artery of the citizen's life.
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