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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

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    Al-Halbousi: Parliament supports the Central Bank in its steps to deal with the high exchange rate o

    Rocky
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    Al-Halbousi: Parliament supports the Central Bank in its steps to deal with the high exchange rate o Empty Al-Halbousi: Parliament supports the Central Bank in its steps to deal with the high exchange rate o

    Post by Rocky Tue 17 Jan 2023, 7:03 am

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    The Speaker of the House of Representatives, Muhammad al-Halbousi, confirmed today, Sunday, that Parliament supports the Central Bank of Iraq in its steps to address the high exchange rate of the dollar, while the Governor of the Central Bank, Mustafa Ghaleb Makhaif, indicated that the high dollar exchange rate is a temporary problem that will be overcome.
    The media office of the Speaker of Parliament stated in a statement received by the Iraqi News Agency (INA): "Al-Halbousi received today, the Governor of the Central Bank, in the presence of the heads and deputy heads of the Parliamentary Finance and Economic Committees, and listened during the meeting to a detailed explanation of the procedures that the Central Bank adopted in organizing The economic sector related to foreign currency trading, whether cash sales or foreign trade financing.
    And the governor indicated, according to the statement, what “the central bank has taken and what it will take to overcome this problem,” stressing that it is “temporary and will be overcome if the foundations that were built to address it are established.”
    Al-Halbousi explained, "The council supports the Central Bank of Iraq in its steps to address the high exchange rate of the dollar, with an emphasis on the need to develop regulatory solutions that address unregulated phenomena in economic activity in general," calling for "understanding the challenges facing the monetary authority and the need to assign its procedures from the authorities." concerned in the state.
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