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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 Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury i

    Rocky
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    The Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury i Empty The Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury i

    Post by Rocky Sun 05 Feb 2023, 4:07 am

    [size=35][size=35]The Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury in Istanbul[/size]
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    International

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    2023-02-05 | 04:14
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    Alsumaria News - International

    The collapse of the Iraqi currency stopped after a meeting held between the President of the Central Bank of Iraq, Mohsen Al-Alaq, and the US Undersecretary of the Treasury, Brennan Nelson, after protests in Iraqi regions against the background of the deterioration of the purchasing power in the country, which generated fears of the significant negative effects of inflation on walks of life. life, according to a report by the Washington Post.


    [url=https://www.alsumaria.tv/Entity/121124/The Washington Post/ar/]The Washington Post[/url]quoted Nelson as saying that "Al-Alaq, the governor of the Central Bank of Iraq, met in[You must be registered and logged in to see this link.], on Friday, February 3, 2023, to discuss reforms in the banking sector" and ways to fulfill the mutual commitment to combating money laundering and confronting the financing of terrorism.






    This meeting came, after the value of the Iraqi dinar declined to about 1,750 dinars to the dollar in the informal market exchanges in the streets in some parts of the country, on Thursday, February 2, 2023, while the value at the official price reached 1,460 dinars to one dollar.

    This triggered the depreciation of the coin[You must be registered and logged in to see this link.]Outraged, thousands of Iraqis from various provinces flocked to the capital, Baghdad, at the end of January 2023; To protest against the decline in the exchange rate of the dinar, which had a significant impact on the prices of imported consumer goods.

    And the decline in the value of the Iraqi currency began to stop after he said[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]In a statement, on Friday evening, February 3, 2023, the US Treasury "expressed its willingness to show the necessary flexibility in order to achieve common goals."

    As a result, the value of the dinar trading in the unofficial market on Saturday, February 4, reached about 1,600 dinars to the dollar, and a delegation of Iraqi officials is scheduled to go to[You must be registered and logged in to see this link.]next Friday.

    Nelson had praised in his statement, on my endeavor[You must be registered and logged in to see this link.]He continued to improve his commitment to international standards, and his constant keenness to "offer cooperation in modernizing the banking sector".

    Nelson's remarks came within the framework of his visit to Turkey and the Middle East, to warn countries and companies that they may lose dealing with the markets of the G7 countries if they deal with entities subject to US restrictions, at a time when it is taking[You must be registered and logged in to see this link.]Strict measures against Russian attempts to evade sanctions imposed on it because of its war in Ukraine.

    The group includes the "seven" together[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9 %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9/ar/]United States of America[/url]Germany, France, Britain, Japan, Italy and Canada.

    The actions taken by the United States in recent months, to eliminate money laundering and the transfer of dollars from[You must be registered and logged in to see this link.]To neighboring countries, access has been severely restricted[You must be registered and logged in to see this link.]to foreign currency.

    Since the US invasion of Iraq in 2003, it has been in reserve[You must be registered and logged in to see this link.]of foreign currency in the United States Federal Reserve, giving Americans significant control over the supply of foreign currency[You must be registered and logged in to see this link.]of dollars.

    It is noteworthy that the purchasing power of the Iraqis has been negatively affected, due to the differences in exchange rates in circulation and those of the official ones, at a time when the dollar is still witnessing fluctuations in its abundance.

     
    Read the report on the Washington Post website[You must be registered and logged in to see this link.]
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    The Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury i Empty The Washington Post reveals details of the meeting of the Central Bank of Iraq and the US Treasury i

    Post by Rocky Sun 05 Feb 2023, 6:14 am

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    • SUNDAY, 05-02-2023, PM 12:29
       
    • TAYSEER AL-ASADI


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    The collapse of the Iraqi currency stopped after a meeting between the President of the Central Bank of Iraq, Mohsen Al-Alaq, and the US Undersecretary of the Treasury, Bernan Nelson, following protests in Iraqi regions against the background of the country's deterioration Purchasing power, which generates fears of the significant negative effects of inflation on aspects of life, according to a report. The American Washington Post.
    The Washington Post quoted Nelson as saying that "Al-Alaq, the governor of the Central Bank of Iraq, met in Istanbul, on Friday, February 3, 2023, to discuss reforms in the banking sector" and ways to fulfill the mutual commitment to combating money laundering and confronting the financing of terrorism.
    This meeting came, after the value of the Iraqi dinar declined to about 1,750 dinars to the dollar in the informal market exchanges in the streets in some parts of the country, on Thursday, February 2, 2023, while the value at the official price reached 1,460 dinars to one dollar.
    This deterioration in the value of the Iraqi currency sparked anger, and thousands of Iraqis flocked from various provinces to the capital, Baghdad, at the end of January 2023; To protest against the decline in the exchange rate of the dinar, which had a significant impact on the prices of imported consumer goods.
    The decline in the value of the Iraqi currency began to stop after the Central Bank of Iraq said, in a statement, on Friday evening, February 3, 2023, that the US Treasury "expressed its readiness to show the necessary flexibility in order to achieve common goals.”
    As a result, the value of the dinar trading in the unofficial market on Saturday, February 4, was about 1600 dinars to the dollar, and a delegation of Iraqi officials is scheduled to go to Washington next Friday.
    Nelson had praised, in a statement, Iraq's continuous endeavor to improve its commitment to international standards, and its constant keenness to "offer cooperation in modernizing the banking sector."
    Nelson's statements came within the framework of his visit to Turkey and the Middle East, to warn countries and companies that they may lose dealing with the markets of the Group of Seven countries if they deal with entities subject to US restrictions, at a time when Washington is taking strict measures against Russian attempts to evade the sanctions imposed on it because of its war in Ukraine.
    In addition to the United States of America, the Group of Seven includes Germany, France, Britain, Japan, Italy and Canada.
    The measures taken by the United States in recent months to eliminate money laundering and the transfer of dollars from Iraq to neighboring countries have severely restricted Iraq's access to foreign currency.
    Since the US invasion of Iraq in 2003, Iraq's foreign exchange reserves have been placed in the United States Federal Reserve, giving Americans great control over Iraq's supply of dollars.
    It is noteworthy that the purchasing power of the Iraqis has been negatively affected, due to the differences in exchange rates in circulation and those of the official ones, at a time when the dollar is still witnessing fluctuations in its abundance.
    Source / Alsumaria News
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