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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


    An expert talks about fears of printing a cash block of more than 80 trillion dinars without cover

    Rocky
    Rocky
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    An expert talks about fears of printing a cash block of more than 80 trillion dinars without cover Empty An expert talks about fears of printing a cash block of more than 80 trillion dinars without cover

    Post by Rocky Fri Feb 03, 2023 9:29 am

    [rtl]An expert talks about fears of printing a cash block of more than 80 trillion dinars without cover[/rtl]

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    [rtl]Baghdad-Iraq Today:

    The expert and professor of economics at the University of Basra, Nabil Al-Marsoumi, revealed his fears that the government would resort to printing a monetary block from 82 trillion to 87 trillion dinars.

     Al-Marsoumi said in a statement, “Dollar concerns, the Central Bank of Iraq owns the dollar, the parallel market owns the dinar, the problem: the weak ability of the Central Bank of Iraq to withdraw liquidity from the dinar in exchange for large public spending in Iraqi dinars.”

    He explained, "The results: First, a new cash issue from 82 trillion to 87 trillion dinars. Secondly, the dollar's exchange rate against the dinar. Third, the level of inflation."[/rtl]

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    [/rtl]

      Current date/time is Tue Mar 19, 2024 6:44 am