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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 dollar pays its goals in the window of the Iraqi dinar

    Rocky
    Rocky
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    The dollar pays its goals in the window of the Iraqi dinar Empty The dollar pays its goals in the window of the Iraqi dinar

    Post by Rocky Sun 22 Jan 2023, 6:20 am

    [size=38]The dollar pays its goals in the window of the Iraqi dinar[/size]


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    January 22, 2023[You must be registered and logged in to see this link.]
    Baghdad/Obelisk:
    Qassem Al-Gharawi
    The effects of the high exchange rate of the dollar against the Iraqi dinar still raise concerns by the official and popular circles in Iraq, after the US Federal Bank set strict control conditions that require the currency sale window to display lists of dollars sold that include the names of persons and beneficiaries to indicate the Federal Bank’s position on the safety of the purchase process for the party The applicant, and his lack of affiliation with entities subject to international embargoes or sanctions by the US Federal Reserve.
    This procedure prompted the central bank to wait for a period of seven days to solve the problem, at the very least, to complete the sale process, according to economists, and nearly a month passed, but to no avail. When the dollar is still hitting the Iraqi dinar window, while the political decision fails to stand with the people.
    The reasons for the increase in the exchange rate of the Iraqi dinar in the Al-Kazemi government are not the same as the reasons in the Sudanese government, and everyone remembers that the previous government put forward the concept of reform in the financial system and monetary policy, coupled with the reasons for the drop in the price of a barrel of oil during the days of the Corona pandemic and a noticeable decrease in the cash reserves of the Central Bank of Iraq, as the government faced Difficulty in providing salaries to employees, yet the citizen bears the burden of the price increase.
    And the leaders of the political blocs cracked our heads with their statements and hypocrisy in an attempt to satisfy the people that they refuse to increase the exchange rate of the dollar and they will work to stand against this decision or address the causes, but the inevitable result and they know it is that there is no room for interference or influence in that because it is beyond their control until they finally succumbed to the reality of the situation and it must Negotiating with the US Federal Bank, which was the reason for the increase in its precautionary measures due to the smuggling of dollars and urban income to some private banks by an American decision.
    Reducing the price of the dinar and not addressing the effects on the citizen is the cause of a difficult economic and living crisis. We have spoken of the necessity of treatment. Today, the government has this file, which must be dealt with in a way that does not harm the citizen and the national economy, through the development of a well-thought-out and integrated plan.
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