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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


    “Available to all.” The central bank reveals the reason for the decline in the dollar in the market

    Rocky
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    • Post n°1

    “Available to all.” The central bank reveals the reason for the decline in the dollar in the market Empty “Available to all.” The central bank reveals the reason for the decline in the dollar in the market

    Post by Rocky Tue 25 Apr 2023, 4:55 am

    “Available to all.” The central bank reveals the reason for the decline in the dollar in the market
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    Baghdad today - Baghdad
    Today, Monday, the Central Bank of Iraq attributed the recent decline in the exchange rate of the dollar against the Iraqi dinar to “discipline in the cash payment of the dollar with the procedures of the electronic platform and its availability through it.”
    The bank's advisor, Ihsan Al-Yasiri, said in a statement to the official news agency, that: "All merchants, including small merchants, have now been able to obtain dollars through the electronic platform, and cash payment of dollars has become disciplined with the platform's procedures."
    He added, "In light of this, it is natural for the dollar to begin to decline in front of the dinar in the market for its normal price set by the Central Bank, because the dollar is a commodity like any other commodity whose purchase requests are met."
    Al-Yasiri explained, "As long as purchase orders for dollars are met through the platform, there will be no reason for the merchant to sell in dollars, and we hope that the sale will be in dinars only because it is the country's currency, and secondly, there is no reason to stick to a specific price."
    And he stressed that "the dollar is available to those who ask for it, such as the merchant, those who need to travel for treatment, the traveler, and the student studying abroad."
    It is noteworthy that the exchange rate of the dollar has recently witnessed a decline in the local markets and is now approaching somewhat from the official price of 1320 dinars to the dollar.
    Prime Minister Muhammad Shia al-Sudani announced on April 19 that "the process of complying with banking standards has increased, and all merchants began to enter the electronic platform, and we helped them obtain foreign currency at the official rate instead of getting used to illegal trade," noting, " The parallel price is declining, approaching the official price of the foreign currency, and it will continue to decline. I remind you that the Iraqi dinar is strong, and our financial situation is in its best condition.
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    Rocky
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    • Post n°2

    “Available to all.” The central bank reveals the reason for the decline in the dollar in the market Empty Central Bank: We expect a further decline in the dollar, as it has become available to everyone

    Post by Rocky Tue 25 Apr 2023, 5:35 am

    Central Bank: We expect a further decline in the dollar, as it has become available to everyone

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    Economy News-Baghdad
    The Central Bank confirmed, today, Monday, that the cash payment of the dollar has become disciplined with the procedures of the electronic platform, which prompted a decline in its price in the market, because it has become available through the platform.
    "All merchants, including small merchants, can now obtain dollars through the electronic platform, and the cash payment of dollars has become disciplined with the platform's procedures," said the Central Bank's advisor, Ihsan al-Yasiri, to the Iraqi News Agency.
    He added, "In light of this, it is natural for the dollar to begin to decline in front of the dinar in the market for its normal price set by the Central Bank, because the dollar is a commodity like any other commodity whose purchase requests are met."
    And he continued: “As long as purchase orders for dollars are met through the platform, there will remain no reason for the merchant to sell in dollars, and we hope that the sale will be in dinars only because it is the country’s currency, and secondly, there is no reason to adhere to a specific price, because the dollar is available to those who ask for it, such as the merchant and those who need to travel for treatment, the traveler and the student who is studying.” outside".
      


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