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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


    To adopt the yuan currency.. Disclosure of "undeclared" negotiations between Baghdad and Beijingprop

    Rocky
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    To adopt the yuan currency.. Disclosure of "undeclared" negotiations between Baghdad and Beijingprop Empty To adopt the yuan currency.. Disclosure of "undeclared" negotiations between Baghdad and Beijingprop

    Post by Rocky Mon 06 Feb 2023, 6:25 am

    To adopt the yuan currency.. Disclosure of "undeclared" negotiations between Baghdad and Beijing[You must be registered and logged in to see this link.]
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    [You must be registered and logged in to see this link.] |Today, 10:46 |

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    Baghdad today - Baghdad 
    Today, Monday, the leader in the coordination framework, Jabbar Odeh, revealed "undeclared" negotiations between Baghdad and Beijing to adopt the yuan currency.
    Odeh told (Baghdad Today), that "diversifying the basket of foreign currencies in which Iraq deals in its foreign trade has become a priority for the government of Prime Minister Muhammad Shia' al-Sudani with the recent dollar crisis and its serious repercussions on the markets, especially with the price hike to the 20% barrier, which has begun to burden millions of poor people. 
    He explained, "There are unannounced negotiations between Baghdad and Beijing about finding ways to adopt the yuan in foreign trade, especially since China is a major trading partner selling to Iraq," pointing out that "the transfer of some of the entitlements of oil in yuan is very likely to secure reserves and facilitate the task of trade.”
    He pointed out that "what Iraq is doing is part of a global compass that has begun to move in this direction, especially with Washington's repeated use of its hegemony over the dollar to provoke crises and punish countries that do not comply with its agenda," noting that "the adoption of a basket of multiple foreign currencies has become a necessity to create stability." in the national economy.
    The local markets are witnessing a significant rise in the prices of foodstuffs and electrical appliances, which created a state of economic stagnation in light of the continuation of this rise and burdened the Iraqi citizen with additional expenses, especially since the crisis of high dollar exchange rates. is still continuing. 
     Editing: A.G 
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