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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


    From behind the scenes of the stock exchanges...a specialist reveals 3 types of dollar dealers there

    rocky
    rocky
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    Join date : 2012-12-21

    From behind the scenes of the stock exchanges...a specialist reveals 3 types of dollar dealers there Empty From behind the scenes of the stock exchanges...a specialist reveals 3 types of dollar dealers there

    Post by rocky Fri 27 Jan 2023, 4:46 am

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    [size=52]From behind the scenes of the stock exchanges...a specialist reveals 3 types of dollar dealers there[/size]

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    Financial experts revealed, on Thursday, the scenes of dollar sales in the stock exchanges and local markets in the capital, Baghdad, amid the continued fluctuation of the hard currency price against the Iraqi dinar, and the unclear scene related to it.[/size]
    [size=45]And a press report quoted the financial expert at the Al-Kifah Stock Exchange, Muhammad Azzawi, as saying that “the increasing demand for the dollar does not help in raising the value of the dinar,” noting that “a part of the companies closed their doors and preferred not to trade in order to avoid losing due to the large fluctuations, and that another part of the companies sells For merchants and investors with a limited ceiling that does not exceed $50,000 per person, and others deal outside offices and companies in a vivid expression of the uncontrolled black market,” as he put it.[/size]
    [size=45]In the same context, the head of the Iraqi Securities Commission, Hassan Al-Agaili, considered that the continuation of the rise in the exchange rate of the dollar in the country will not last long, indicating that the government has begun procedures to reduce its price.[/size]
    [size=45]Al-Aqili explained that “the rise in the exchange rate of the dollar contributed to a negative impact on the prices of materials, which are mostly imported materials and are purchased in foreign currency,” noting that “controlling this escalation and the possibility of returning the dollar to its normal price are dependent on the measures taken by the authorities responsible for cash management.” The foreigner in Iraq, specifically in the Central Bank.[/size]
    [size=45]Al-Aqili pointed out that “there are statements by a group of officials that the Central Bank has initiated procedures to address the situation and to control that rise,” noting that “the issue will not take long before things return to normal.”[/size]
    [size=45]Chairman of the Securities Commission, Hassan Al-Aqili, indicated that “the central bank has begun to control governance procedures for private banks, and as the Prime Minister confirmed, the price will be controlled and returned to what it was, in addition to the fact that the decrease in currency auction sales will lead to an increase in the reserves of the central bank.” of the dollar.” Al-Aqili expressed his hope to “restore the status of the dollar to what it was in the past.”[/size]
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