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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


    Who holds the dollar in Iraq?

    Rocky
    Rocky
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    Posts : 266483
    Join date : 2012-12-21

    Who holds the dollar in Iraq? Empty Who holds the dollar in Iraq?

    Post by Rocky Sat Feb 04, 2023 8:22 am

    [rtl]Who holds the dollar in Iraq?[/rtl]

    [rtl]Saturday, February 4, 2023 - 10:52[/rtl]
    [ltr]Muhammad Hassan Al-Saadi[/ltr]

    [rtl]There is no doubt that the livelihood of the simple Iraqi citizen and his daily requirements is one of the most important priorities, as it touches his life and his daily strength, and any speculation or manipulation related to it will affect his life and livelihood. his family.

    The process of the rise of the dollar against the Iraqi dinar has a political and economic aspect. The organized smuggling process practiced by some local banks to neighboring countries was one of the most important reasons that prompted the US Federal Bank to stop these banks and prevent dealing with them, especially with our knowledge that banking dealings in dollars is monitored. Strictly by the American side, and this is very self-evident economically and politically, which considers it the source of its strength in the world.

    The international factor was also very influential on the political and economic scene alike, and it is now entering into changes on the ground, as the economic reality is closely linked to the political reality. The dollar and even the economy as a whole, and it monitors the smuggling operations practiced by some parties in the world and its countries, including Iraq, which affected the smuggling operations on its economy, and it was negatively, especially on the value of the dinar against the dollar, which really contributed to its rise and its negative impact on the life of the citizen and his daily strength.

    Organized smuggling operations and Iraqi money abroad are all reasons that affected the process of the rise of the dollar against the dinar, and made it exposed to this rise, which may increase little by little, unless there are quick measures capable of addressing the economic situation , and identifying the operations of manipulation and smuggling of currency, as well as on The government is finding ways to combat smuggling abroad, through legal procedures and strict supervision of some banks that have suspicious indicators.. In addition to returning smuggled funds abroad, through agreements concluded by the Iraqi government with these countries.

    The Iraqi government cannot move on its own unless there is coordination between it and the US Federal Bank, and resorting to dialogue to find out the defects, and find mechanisms to address this rise.. There should also be internal measures, including "strengthening the Iraqi dinar at the expense of the dollar" and strengthening the Iraqi economy and its perpetuation, by paying attention to the private sector and activating investment laws, in a way that enhances the strength of this sector, and gives room for it to participate in strengthening the national economy on the one hand, and providing important job opportunities in it.

    Today, the government of Mr. Al-Sudanese is required to find practical mechanisms to deal with the file of the currency exchange rate, and there may be close solutions as it is circulating, but it will not be quick and immediate. Its solution should be quick.. Any measure taken by the Sudanese government to deal with this file and others will guarantee a positive change towards a free and stable economy in Iraq.
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    [/rtl]

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