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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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    An economist expects a third package from the central bank to reduce the dollar

    Rocky
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    An economist expects a third package from the central bank to reduce the dollar Empty An economist expects a third package from the central bank to reduce the dollar

    Post by Rocky Thu 23 Feb 2023, 12:26 pm

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    • Time: 02/23/2023 

    {Economic: Al Furat News} An economist predicted that the Central Bank of Iraq would launch a third package of facilities to obtain foreign currency {dollars} with the exchange rate continuing to rise.
    Bassem Jamil Antoine told the Euphrates news agency, "The government has harnessed the financial capabilities it possesses to reduce the exchange rate, but there are currency mafias and speculators who are harnessing their capabilities to raise the price."
    He added, "I do not think that they will be able to resist, and there will be a third package of decisions for the Central Bank to reach the parallel price at the rate of 2%, to be a reasonable ratio between the official and commercial price."
    Antoine predicted, "The dollar will need to fall for a longer period, because the rise is always rapid, while the decline will face resistance from traders, speculators, importers of goods, and stakeholders."
    Raghad Daham
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    Rocky
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    An economist expects a third package from the central bank to reduce the dollar Empty An economist expects a third package from the central bank to reduce the dollar

    Post by Rocky Thu 23 Feb 2023, 2:07 pm

    [size=45][size=41]An economist expects a third package from the central bank to reduce the dollar[/size]
     1 hour ago
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    An economist expected that the Central Bank of Iraq would launch a third package of facilities to obtain foreign currency (the dollar), with the exchange rate continuing to rise.
    Basem Jamil Antoine said in a press interview seen by Taqaddam, “The government has harnessed the financial capabilities it possesses to reduce the exchange rate, but there are currency mafias and speculators who harness their capabilities to raise the price.”
    He added, “I do not think that these people will be able to resist, and there will be a third package of decisions for the Central Bank to reach the parallel price, at the rate of 2%, so that it will be a reasonable ratio between the official and commercial price.”
    Antoine predicted, “The dollar’s ​​decline will need to take a longer period, because the rise is always rapid, while the decline will face resistance from traders, speculators, importers of goods, and stakeholders.”
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