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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


    Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the

    Rocky
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    Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the Empty Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the

    Post by Rocky Sat 08 Apr 2023, 4:26 am

    Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market
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    Baghdad Today - translation
    On Friday, the local Iraqi markets witnessed a decline in the exchange rates of the dollar, driven by expectations of a further decline in the value of the US dollar against the dinar, as a result of Iran's cessation of buying dollars from the Iraqi black market, after costs rose to unprecedented levels. 
    The Middle East Eye network revealed, according to a report translated by (Baghdad Today), that the Iranian authorities found themselves forced to pay 400,000 out of every million dollars to obtain the currency, which incurred great economic losses and forced them to stop illegal purchases of dollars from the market. Iraqi black woman," according to the report.
    The report indicated that "Iran's suspension of purchases has greatly increased the levels of currency present in the Iraqi market," stressing that "exchange outlets and private banks that kept large amounts of dollars withdrawn from the Iraqi market in favor of Iran, found themselves owning large amounts of currency." America without the presence of many buyers after Iran stopped the purchases. 
    And she continued, "According to the information obtained by the network from an official in the office of the Prime Minister, Muhammad Shia' al-Sudani, Iran stopped buying dollars from Iraq a week ago, which reflected positively on the availability of hard currency inside the Iraqi market." That stop, in any case, was associated with Iran shifting its focus. Towards a new mechanism for obtaining the dollar. 
    The network revealed, "The Iranian authorities, who used to pay large amounts of money to currency smugglers, including individuals whose names are used to obtain sums of money amounting to seven thousand dollars for travel trips outside Iraq, have now found a new way to use them to feed their economy in dollars through electronic prepaid cards." She said she was also under pressure.
    The Iraqi authorities quickly revealed, according to the description of the network, currency smuggling operations using electronic prepaid cards destined for countries abroad, and arrested a number of travelers who possessed large quantities of the aforementioned cards, which prompted Iran to place another temporary suspension on the operations of obtaining dollars from the cards. . 
    Iran, according to the network, is heading towards smugglers from the countries of Jordan and the UAE to obtain dollars through smuggling networks from Iraq after stopping its purchase through Turkey, which put Iran under more pressure due to the high costs, which it reflected on the Iraqi authorities through criticism directed at it in particular and through channels diplomacy, according to the network.
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