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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

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    The fact that intra-trade is affected by the new price of the dollar in Iraq

    Rocky
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    • Post n°1

    price - The fact that intra-trade is affected by the new price of the dollar in Iraq Empty The fact that intra-trade is affected by the new price of the dollar in Iraq

    Post by Rocky Fri Feb 10, 2023 7:29 am

    [size=45][size=41]The fact that intra-trade is affected by the new price of the dollar in Iraq[/size]
     15 hours ago
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    Today, Thursday, the economic expert, Rashid Al-Saadi, explained the fact that the intra-regional trade was affected by the new price of the dollar, which was set according to the decision of the Council of Ministers.
    Al-Saadi said in a press interview seen by “Takadam” that: “inter-regional trade will not be affected by the new price of the dollar,” explaining that “inter-regional trade between merchants has nothing to do with foreign trade and does not depend on a specific price for the dollar, so whatever the price is, the division and sale take place.”
    He added, "There are also steps supported by the government in distributing the food basket, and this helps in reducing prices, and in general the economy is going better."
    Al-Saadi continued, "According to the timing, the federal budget was supposed to be submitted to the House of Representatives, but the repercussions of the exchange rate prevented it from being sent."
    It is noteworthy that the Council of Ministers approved, in its meeting on Tuesday, the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, at the equivalent of 1,300 dinars to one dollar.
    The Central Bank began selling the dollar at the new official rate, starting from Wednesday.
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