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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


    In the face of the dollar.. Will the proposals of the Sudanese advisor succeed in controlling exchan

    rocky
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    In the face of the dollar.. Will the proposals of the Sudanese advisor succeed in controlling exchan Empty In the face of the dollar.. Will the proposals of the Sudanese advisor succeed in controlling exchan

    Post by rocky Sat 28 Jan 2023, 7:32 am

    [size=30]In the face of the dollar.. Will the proposals of the Sudanese advisor succeed in controlling exchange rates?[/size]


    [You must be registered and logged in to see this image.]Adviser to the Iraqi Prime Minister, Mazhar Muhammad Salih - Agencies
    [You must be registered and logged in to see this link.] [url=https://www.kurdistan24.net/ar/tag/%D9%85%D8%B8%D9%87%D8%B1 %D9%85%D8%AD%D9%85%D8%AF %D8%B5%D8%A7%D9%84%D8%AD]Appearance of Muhammad Saleh[/url] [url=https://www.kurdistan24.net/ar/tag/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A]Mohamed Shiaa Al-Sudani[/url] [url=https://www.kurdistan24.net/ar/tag/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]central bank[/url] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
     
    Erbil (Kurdistan 24) - Adviser to the Iraqi prime minister, Mazhar Muhammad Salih, proposed several measures to counter the continued rise in the exchange rate of the dollar against the local currency.
    Saleh said, "As long as the decline in the exchange rate is linked to the ability to open up foreign trade and [You must be registered and logged in to see this link.] , which links the speed of financing with the credibility and transparency of commercial documents for importers from the private sector, which is still faltering at about 25-30% of the total actual demand for External transfer of trade finance.

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    He added, "We propose that the government's foreign trade (as a wholesaler) expand now to supply the market with the most important commodities that have a wide impact on people's lives and that [You must be registered and logged in to see this link.] dinars to the dollar," according to a statement he made to the Iraqi News Agency.
    Al-Sudani’s advisor suggested that foreign trade should expand, to give the commercial market the ability to reorganize itself, its contracts and foreign purchases, and to contain fluctuations in the exchange rate on a small scale.

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    And he continued, "We find in the state's intervention in the field of import trade a comprehensive national solution to provide price stability and provide an atmosphere of anti-competition (cartels) monopolizing trade, which [You must be registered and logged in to see this link.] Iraqi dinar exchange rate."
    He pointed out that the government's commercial economy is "the decisive solution and a lever for stability in two directions: the first is to provide a stable commodity supply and reassuring stocks of important commodities, which helps to stabilize the consumer price index and the standard of living."

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    The second trend, according to Saleh, is that "the abundance of commodities supplied through government trade at the official exchange rate serves as a compensatory supply of foreign currency, and the demand for it equals [You must be registered and logged in to see this link.] , and reduces the impact of those differences in exchange rates on inflationary expectations in the economy."
    In the conclusion of his speech, he considered that "the state's temporary intervention in the economy is the best solution until the commercial market adapts to the governance of its import operations from world markets and the discipline and transparency of its requests in front of external compliance institutions."
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