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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


    There is no dollar except in the alleys, and the price is black: speculation that will “raise” food

    Rocky
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    • Post n°1

    There is no dollar except in the alleys, and the price is black: speculation that will “raise” food Empty There is no dollar except in the alleys, and the price is black: speculation that will “raise” food

    Post by Rocky Thu 16 Feb 2023, 2:39 pm

    [size=45][size=41]There is no dollar except in the alleys, and the price is black: speculation that will “raise” food prices[/size]
     3 hours ago
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    Today, Thursday, the head of the Diyala Governorate Chamber of Commerce, Muhammad Mulla Jawad, revealed that the sale of the dollar in the exchange offices in the province has stopped and that it is satisfied with buying according to the official price, “then selling it at black market prices in the alleys to avoid censorship.”
    Mulla Jawad said in a press interview seen by “Takadam” that “all exchange offices in Diyala never sell dollars, but they buy them at the central bank’s price of 130 thousand dinars for every 100 dollars.”
    He added, "Obtaining dollars has become somewhat complicated and sales to citizens take place in the alleys at prices ranging between 152-154 thousand dinars per 100 dollars, which makes a large difference between the sale price and the purchase price."
    The head of the Chamber of Commerce in Diyala explained, "These speculations occur due to the lack of sufficient liquidity to cover the daily needs of internal trade, which relies on the dollar by up to 75% to pay commercial dues."
    He pointed out that this "will lead to a greater rise in the prices of basic commodities, especially foodstuffs."
    He pointed out, "the need for state companies specialized in importing foodstuffs to intervene by moving to the top of the leadership in importing materials, feeding the Iraqi markets, and securing the needs of merchants through selling in dinars."
    And he believed that "this may lead to a reduction in the demand for the dollar by up to 40% at least, thus stabilizing the prices of the currency market and ending the state of speculation."
    Earlier, the Intelligence Service announced the arrest of a “currency smuggler in possession of $158,000.”
    Yesterday, the intelligence agency announced the arrest of 18 people on charges of manipulating exchange rates and seizing about 800 million dinars and 385 thousand dollars in their possession.
    The agency closed exchange and money transfer offices that do not have licenses, and a security force launched a campaign of arrests in Ramadi against dollar traffickers
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