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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


    Conscious / economic security... and exchange companies..!

    Rocky
    Rocky
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    Conscious / economic security... and exchange companies..! Empty Conscious / economic security... and exchange companies..!

    Post by Rocky Sat 07 Jan 2023, 7:02 am

    [size=32]Conscious / economic security... and exchange companies..![/size]

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    Ina / Sheikh Rahim al-Darraji, Secretary General of the Enough movement
    , the American treasury has given signals to the Central Bank of Iraq that it will reduce the amount of dollars (cash cash) in the Iraqi market so that it does not reach smuggling networks, so today we are witnessing measures to stop the state of chaos that facilitated money laundering operations in Iraq and stop the work of illegal networks that operate across borders to disrupt the banking system, and this was confirmed by the statement of the Central Bank of Iraq on 12/27/2022 when it said we have new mechanisms aimed at protecting the banking sector, protecting customers, and protecting the banking system. As a result of these measures, the Central Bank was subjected to internal pressures, the most important of which are:
    1- The decrease in the sales window from 250-300 to 100-130 million dollars, and the daily need is close to 180 million dollars and more. 7- The absence of any legal or fundamental accounting by the Central Bank of banks and exchange companies that violate the instructions of the Central Bank. 8- The US Federal Reserve's lack of confidence in the Central Bank of Iraq's control of dollar sales and its attempt to smuggle it.
    2- The monopoly of some banks to buy dollars through forged invoices, and today these banks are making astronomical profits from the window of selling the currency, that is, for every million dollars, they gain one hundred million Iraqi dinars.
    3- The punished banks accused of the crime went to the market to buy the dollar at any price, and their aim was to confuse the market and challenge the government..
    4- The presence of shops in the name of the banks that have no developmental motives, but rather their function is to participate in the currency auction and smuggle it abroad..
    5- Not activating economic security and granting powers By withdrawing the license from banks and banks in the event that it violates the official, agreed upon, and permitted rate..
    6- Transferring funds by land “through bags and vehicles… This transfer contributed to increasing the demand in the local markets for the dollar, away from the currency sale window in the Central Bank.


    It is unfortunate that the state does not have the ability to hold accountable, because we have corrupt parties that do not want Iraq to be a state, but rather fight any project that would transform Iraq from a spoiled state into a real state, and the reason for that is due to its lack of loyalty to Iraq, and the establishment of the state and the force of law constitute a danger What is more dangerous is the weakness of the masses in defending their interests and rights, and the weak sense of responsibility among most cadres and elites. Indeed, there are masses who still support the corrupt and mislead the poor and needy.
    Finally, we call on the government to activate the role of economic security and to grant powers to close exchange companies and banks that violate the official rate.

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