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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


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    Banking expert: The application of the recent instructions of the Central Bank will lead to the stab

    Rocky
    Rocky
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    Banking expert: The application of the recent instructions of the Central Bank will lead to the stab Empty Banking expert: The application of the recent instructions of the Central Bank will lead to the stab

    Post by Rocky Mon 06 Feb 2023, 5:29 am

    Banking expert: The application of the recent instructions of the Central Bank will lead to the stability of the exchange rate

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    Economy News _ Baghdad

    The banking expert, Mahmoud Dagher, confirmed that the meeting that took place in Istanbul between the Central Bank of Iraq and the representative of the US Federal Reserve is a purely technical meeting through which the views of the two parties regarding the implementation of the instructions were identified.
    Dagher said in a televised interview, followed by "Al-Iqtisad News", that the Central Bank has indicated to the US Federal Reserve its willingness to develop a complete plan to improve the performance of the banking sector through compliance and application of new procedures, indicating that the issue is not easy to implement due to the circumstances surrounding the country as well as the conditions of the region in general and therefore. We need time to implement it and accept the matter from the market, especially merchants, by dealing with the banking sector, opening bank accounts, and making transfers normally after submitting documents and official receipts.
    He added that changing the culture of merchants comes through setting assurances to implement their transactions through the new platform with the Central Bank and correspondent banks to conduct remittances, which leads to a decrease in the exchange rate in the markets and merchants not dealing with money changers speculating in the exchange rate between the official rate and the parallel market.
     


    Views 128
    Added 2023/02/06 - 10:45 AM
    Updated 2023/02/06 - 2:23 PM
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    Bama Diva likes this post

    Proven
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    Banking expert: The application of the recent instructions of the Central Bank will lead to the stab Empty Re: Banking expert: The application of the recent instructions of the Central Bank will lead to the stab

    Post by Proven Sat 18 Feb 2023, 10:46 pm

    Thanks Rocky.

    Highlights added.  

    De-dollarization of Iraq has started.  

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