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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


    The Central Bank of Iraq announces the imminent issuance of a decision regarding the possibility of

    Rocky
    Rocky
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    Posts : 266496
    Join date : 2012-12-21

    The Central Bank of Iraq announces the imminent issuance of a decision regarding the possibility of  Empty The Central Bank of Iraq announces the imminent issuance of a decision regarding the possibility of

    Post by Rocky Wed 29 Mar 2023, 7:19 am

    [size=46]The Central Bank of Iraq announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars[/size]
    Economy
    12:27 - 2023-03-29
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    Today, Wednesday, the Central Bank expected a decrease in the difference between the official and parallel exchange rates during the coming period, and while it indicated the imminent issuance of a decision regarding the possibility of printing a denomination of 20,000 dinars, it clarified its procedures for monitoring commercial banks.

    The assistant general manager of the investment department in the bank, Muhammad Mounir, said in a press statement that "the packages and procedures of the Central Bank of Iraq contributed to limiting the continuous rise in the dollar exchange rate," expecting "a decrease in the difference between the official and parallel exchange rates in the coming period through packages: The first, second and third of the Central Bank, as well as the government's continued support.

    Mounir continued, "The Central Bank is in continuous updating of all procedures, and every step that is launched is viewed and measured, and the extent of its response and impact on the market, and what are its pros and cons, if any."

    Regarding printing new cash categories, Mounir indicated that “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print.

    Regarding the central bank building, he stressed that "work is in full swing and 24 hours to complete it."

    On the other hand, he pointed out, "The Banking and Credit Control Department monitors commercial banks, and there are field and office inspection teams that are responsible for monitoring the work and performance of banks."

    And he stressed, "The doors and phones of the Central Bank are open to any complaint submitted by the citizen to the banks or one of the financial institutions or merchants, and the complaint is met and urgent action is taken in its regard."

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