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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


    Central Bank: Hard currency reserves amounted to more than $99 billion

    Rocky
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    Central Bank: Hard currency reserves amounted to more than $99 billion Empty Central Bank: Hard currency reserves amounted to more than $99 billion

    Post by Rocky Mon 02 Jan 2023, 7:10 am

    Central Bank: Hard currency reserves amounted to more than $99 billion

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    Economy News - Baghdad
    On Monday, the Central Bank of Iraq announced the launch of the electronic platform for foreign trade, while noting that hard currency reserves amounted to more than $99 billion.
    The bank's deputy governor, Ammar Hamad, said in a statement to official television, "The Central Bank witnessed today the launch of the electronic platform for foreign trade," noting that "work on this platform continued for more than a year and a half with the aim of organizing the external financial transfer process and financing foreign trade."
    He added, "This platform is the only way and way to finance foreign trade," noting that "private and government banks have sufficient information about the mechanism for using the platform."
    He continued, "The documentary credits will be financed at a subsidized exchange rate of 1,465 dinars to one dollar," explaining that "the platform is an opportunity for merchants, investors, and company owners to finance their trade and financial work."
    On the bank's reserves, Hamad said that "the central bank's reserves amounted to more than 99 billion dollars," pointing out that "within a short period, it will reach 100 billion dollars due to the rise in oil prices."
    He stressed, "The rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency."
     



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    Rocky
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    Central Bank: Hard currency reserves amounted to more than $99 billion Empty Central Bank of Iraq: hard currency reserves amounted to more than 99 billion dollars

    Post by Rocky Tue 03 Jan 2023, 4:25 am

    [size=46]Central Bank of Iraq: hard currency reserves amounted to more than 99 billion dollars[/size]
    Economie
    15:33 - 2023-01-02
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    Today, Monday, the Central Bank of Iraq announced the launch of the electronic platform for foreign trade, while noting that hard currency reserves amounted to more than $99 billion.
    The bank's deputy governor, Ammar Hamad, said in a press statement, "The Central Bank witnessed today the launch of the electronic platform for foreign trade," noting that "work on this platform continued for more than a year and a half with the aim of organizing the external financial transfer process and financing foreign trade."
    He added, "This platform is the only way and way to finance foreign trade," noting that "private and government banks have sufficient information about the mechanism for using the platform."
    And he continued, "The documentary credits will be financed at a subsidized exchange rate of 1465 dinars to one dollar," explaining that "
    On the bank's reserves, Hamad said that "the central bank's reserves amounted to more than 99 billion dollars," pointing out that "within a short period, it will reach 100 billion dollars due to the rise in oil prices."
    He stressed that "the rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency."

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