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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Dollar exchange rates in the Iraqi market

    rocky
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 246881
    Join date : 2012-12-21
    • Post n°1

    Dollar exchange rates in the Iraqi market Empty Dollar exchange rates in the Iraqi market

    Post by rocky Sun 02 Apr 2023, 4:59 am

    Al-Sudani's advisor: A "daily and tangible" decline in the exchange rate of the parallel dollar

    [You must be registered and logged in to see this image.]



    [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]


    Economy News _ Baghdad
    The financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, said that financing foreign trade is in the recovery stage, while stressing that government measures prevented the smuggling of dollars abroad.
    Saleh said, in a press statement, seen by "Al-Iqtisad News", that "foreign trade financing operations in foreign exchange for the private commercial sector are currently in a stage of recovery and escalating adaptation in the face of the new international compliance requirements that have been implemented since last November. The three measures launched by the Central Bank and government regulatory measures that simplified foreign trade operations for the private sector are all undergoing an accelerated state of adaptation towards accelerating external transfer and financing trade at the official exchange rate.
    He added, "The Central Bank's window sales began to touch their previous normal rates of sale, reaching nearly $200 million per working day in the foreign currency auction, which is a very stable level of sales to meet the market demand for foreign exchange, and is supported at the same time by high reserves of foreign currency." Which is in the possession of the monetary authority, which enables it to effectively intervene in the stability of the market in an easy and effective manner.
    And the financial and economic advisor to the Prime Minister stated, "In light of the above, the price differences between the official exchange rate of the dinar and the price parallel to it have not widened, but there are strong signs of contraction and a clear gradual decline towards the convergence of the two prices, especially the decline of the dollar in the parallel price on a daily and tangible basis." .
    Saleh continued, "The legal institution in particular took its active and distinguished role in protecting and sounding the national economy from attacking its constants and variables through illegal external leakages of the country's financial resources, specifically foreign currency," noting that "its active role is equivalent to the power of imposing institutional discipline in managing and directing the country's resources." Finance in preserving its flows in accordance with the laws, regulations and controls that govern all financial transactions and protecting the national economy from corruption vehicles and the forces of assault on public money and the country's economic system.
    He pointed out that "attrition and assault on the constants and variables of the economic system is one indivisible case," pointing out that "the power of law enforcement and its distinguished role has become clear in providing service, foremost of which is the stability of the legal effectiveness of the national economy."
    He explained that "preserving the country's financial wealth, specifically preventing illegal disposal of foreign currency and addressing wasteful operations or intentionally diverting them outside the national economy, is one issue that cannot be divided in all cases."
    He continued, "The government's measures are a new stage in establishing the life of the Iraqi state, which has taken a distinguished path at the current stage in the development of the degree of control and cooperation internally and externally, including cooperation with the international financial and legal community in combating money laundering activities and all transient financial crimes."

    Views 117
    Added 04/02/2023 - 9:50 AM
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Fri 02 Jun 2023, 10:54 am