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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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    "Al-Iqtisad News" publishes the details of the central bank's meeting with the Federal Reserve and t

    Rocky
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    "Al-Iqtisad News" publishes the details of the central bank's meeting with the Federal Reserve and t Empty "Al-Iqtisad News" publishes the details of the central bank's meeting with the Federal Reserve and t

    Post by Rocky Sat 11 Feb 2023, 11:27 am

    "Al-Iqtisad News" publishes the details of the central bank's meeting with the Federal Reserve and the US Treasury 

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    Economy News - Baghdad
    The Central Bank announced, on Saturday, the details of its delegation's meeting with the delegation of the US Federal Reserve Bank and the US Treasury Department in Washington, DC.
    The bank said in a statement, "The delegation of the Central Bank of Iraq met on Friday, corresponding to 10/2/2023, for long hours, with both the delegation of the US Federal Reserve Bank and the US Treasury Department in Washington, DC."
    The two parties expressed, according to the statement, "their willingness to work jointly to meet the challenges of working on the electronic platform for remittances and cash."
    And Al-Bayaa continued, "The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support and attribution mechanisms for the Central Bank of Iraq, in a way that enhances its capabilities to deal flexibly with crises during this stage."
    The US Federal Bank confirmed, according to the statement, that "the Central Bank of Iraq's measures are in the right direction to build a sober banking sector."
    The Assistant Deputy Secretary of the US Treasury indicated "ways to fully support the efforts of the government of Iraqi Prime Minister Muhammad Shia' al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support."
    The statement added, "The meeting listened to a presentation by the Governor of the Central Bank of Iraq regarding the bank's directions in achieving its most important goals to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer."
     And the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed, "The bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."

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