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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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    Adviser Mazhar Saleh: The price of the dollar in the market is artificial to achieve fake profits

    Rocky
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    • Post n°1

    Adviser Mazhar Saleh: The price of the dollar in the market is artificial to achieve fake profits Empty Adviser Mazhar Saleh: The price of the dollar in the market is artificial to achieve fake profits

    Post by Rocky Sun 12 Feb 2023, 9:34 am

    [size=38]Adviser Mazhar Saleh: The price of the dollar in the market is artificial to achieve fake profits[/size]


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    February 12, 2023[You must be registered and logged in to see this link.]
    Baghdad / Obelisk: The financial advisor to the Prime Minister, Mazhar Muhammad Salih, described, on Sunday, the price of the dollar in the parallel market as artificial to achieve fake profits.
    Saleh said in an explicit statement followed by the obelisk: The effects of the mysterious parallel markets come mostly on the country’s markets and their poor knowledge of the positive signs of the strength of the national economy and the strength of its reserves, which exceeded 115 billion dollars. Same price stability.
    And he stressed the importance of realizing two important things, the first is the foreign trade arm of the government that operates in accordance with international rules of trade and carries flexibility and a very high possibility in providing commodity supply at stable prices at any moment, and the second is the role of effective packages launched by the Central Bank of Iraq on which monetary policy is working. In accelerating the openness of levels to meet the demand for foreign currency, with the degree of progress of the banking system in transparent dealing with foreign trade financing documents for the private sector, in order to increase the conversion in foreign currency in accordance with the rules and provisions of international trade and international compliance controls.
    The Council of Ministers approved in its meeting last 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, equivalent to 1300 dinars to one dollar.
    About four days after the government's decision to reduce the dollar's exchange rate against the dinar, and two days after the Iraqi delegation's discussions in Washington, the dollar's prices did not stabilize in the parallel local markets.
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