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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 announces the start of expanding coverage by entering the electronic platform

    Rocky
    Rocky
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    Join date : 2012-12-21

    The Central Bank announces the start of expanding coverage by entering the electronic platform Empty The Central Bank announces the start of expanding coverage by entering the electronic platform

    Post by Rocky Tue 07 Mar 2023, 5:32 am

    [size=45][size=41]The Central Bank announces the start of expanding coverage by entering the electronic platform[/size]
     21 hours ago
    868
    [/size]

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    Today, Monday, the Central Bank announced the start of expanding inclusion in entering the electronic platform, and while it indicated its continuation in issuing positive steps to facilitate foreign trade financing, it confirmed its communication with Chinese banks regarding dealing in the yuan currency.
    “The Central Bank continues to follow the previously issued instructions to ensure the stability of the parallel exchange rate,” Ammar Hamad Khalaf, the deputy governor of the Central Bank, told the official agency.
    And he pointed out that “a meeting was held with the banking sector, merchants and factory owners to face the challenges and overcome them,” noting that “the central bank began expanding the channels and entities covered by entering the electronic platform.”
    He explained, "This is the first step, while continuing to issue positive steps to facilitate the financing of foreign trade or any sound official transfers abroad."
    He added, "The measures taken can control the market," calling on "citizens and project owners to review the official channels to obtain foreign currency, as for merchants, there are great facilities for them from banks to finance their foreign trade instead of other methods."
    He pointed out, "The recent decisions of the Council of Ministers referred to dealing in dinars, so there is no justification for citizens to use foreign currency in local transactions."
    Regarding dealing in yuan, Khalaf stated, "There is continuous communication by the central bank with Chinese banks, in order to activate and allow merchants to transfer directly, meaning that the central bank delivers the dinar through banks, and the transfer is directly through the use of the Chinese currency, the yuan."
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