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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


    The central bank improves disclosure standards for banks that require foreign currency to finance tr

    Rocky
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    The central bank improves disclosure standards for banks that require foreign currency to finance tr Empty The central bank improves disclosure standards for banks that require foreign currency to finance tr

    Post by Rocky Sat 11 Feb 2023, 5:56 am

    [size=38]The central bank improves disclosure standards for banks that require foreign currency to finance trade[/size]


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    February 11, 2023[You must be registered and logged in to see this link.]
    Baghdad / Obelisk: The financial advisor to the Prime Minister, Mazhar Muhammad Salih, suggested, on Saturday, February 11, 2023, that the monetary authority in the country would take more measures aimed at controlling the exchange rate in the parallel market, including dissolving obstacles to external transfer.
    Saleh said, in a statement followed by the obelisk, that “the first round of negotiations between the Central Bank and the US Treasury Department in Turkey gave clear flexibility to the process of selling the dollar and the exchange rate, and I believe that the Istanbul meeting is successful, and that success will reflect positively on the Washington meetings that ended yesterday and which will take place in the future.” At the same time, praising the recent package of reforms put forward by the Central Bank with the aim of confronting the rise in the exchange rate of the dollar against the dinar, which includes dissolving obstacles to external transfer, purchasing real estate, transferring profits, and others, indicating that the liberalization of the current account of the balance of payments is a positive step and is consistent with our relationship with the World Bank. ".
    And the financial advisor to the Prime Minister expected that “the central bank will tend to take more steps aimed at controlling the exchange rate, especially with the improvement in disclosure standards for banks and banks that request foreign currency for the purpose of financing trade, as these procedures will be greatly facilitated, to then lead to conformity.” price.”
    And Saleh indicated that “the exchange rate in the general budget represents a contractual price between the Ministry of Finance and the Central Bank, so there should be great understandings between the two sides to determine the exchange rate for the purposes of calculating oil revenues in the budget, as this matter can be directly or indirectly reflected on exchange rate".
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