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


    Central Bank: Car showrooms will deal in Iraqi dinars

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270014
    Join date : 2012-12-21
    • Post n°1

    Central Bank: Car showrooms will deal in Iraqi dinars Empty Central Bank: Car showrooms will deal in Iraqi dinars

    Post by Rocky Wed 19 Apr 2023, 4:47 am

    Central Bank: Car showrooms will deal in Iraqi dinars

    [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 Central Bank confirmed, on Tuesday, that the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector.
    The bank's advisor, Ihsan Shamran, told the official news agency, "The government supported the reform package launched by the Central Bank," noting that "there is great harmony between the financial authority and the government."
    And he considered, "Countries whose legal systems are good have an excellent economy because they do not deal in dollars," noting that "companies and government institutions responded, including Iraqi Airways, by relying on the strength of the Iraqi dinar, regardless of the exchange rate."
    He pointed out that "the public began to deal with the Iraqi dinar as a national currency," explaining that "this will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar."
    And he went on to say, "This is considered a real step and a big shift for the organized economy," explaining that "the real value of the dinar that exists now is more than one and a half dinars, because the bank's reserves are very high, and therefore the national currency cover is high."
    He continued, "Iraq's economic interface is the central bank, which takes corrective steps, the most important of which is the platform that transformed foreign trade in Iraq into real trade, after the relationship between the dollar that exits the country and commodities was severed between them," adding: "Through the platform, all These matters were seized, including the dollar that is sold by the central bank to the bank and then to the public, and the public asks the bank to transfer it to the merchant who exports the commodity to Iraq. It has been seized and has become clear.
    He added, "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work."


    741 views
    Added 04/18/2023 - 10:08 PM
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Mon 13 May 2024, 3:18 pm