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: The dinar will witness a more recovery soon..and this is the reason for the decline in the

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 273064
    Join date : 2012-12-21
    • Post n°1

    Central: The dinar will witness a more recovery soon..and this is the reason for the decline in the Empty Central: The dinar will witness a more recovery soon..and this is the reason for the decline in the

    Post by Rocky Wed 26 Apr 2023, 8:02 am

    Central: The dinar will witness a more recovery soon..and this is the reason for the decline in the dollar
    • Time: 04/26/2023 09:45:33
       
    • Read: 2,600 times

    [You must be registered and logged in to see this image.]
      
    {Economic: Al Furat News} The Iraqi Central Bank advisor, Ihsan Al-Shammari, confirmed that the Iraqi dinar will witness a more recovery soon and return to its official price or close to it, which is set at 1320 dinars against the US dollar.
     Al-Shammari said in a press statement: "We will witness a revival of the dinar through the procedures of the Central Bank of Iraq and the government's measures to support the dinar and reach the official exchange rate, through the package of measures launched by the central bank to improve the performance of the currency selling window on the one hand, and the great cooperation between the government and the central bank in obligating Companies and government institutions sell their services in Iraqi dinars at the official price, after they used to force the public to sell in dollars, and the public is forced to request dollars through the window and outside the window to obtain dollars for the purpose of their requirements.
     He added, "The public can now pay services in Iraqi dinars at the official rate," adding that "the Iraqi dinar will soon return to stability and its normal status, close to its official price, which is 1,320 dinars per dollar."
     Al-Shammari attributed the improvement in the value of the Iraqi dinar to "improving the performance of the currency sale window, to meet the requirements of foreign trade through the electronic platform, which ensures that merchants obtain dollars to meet their requirements and supply goods to the country, instead of resorting to companies, money changers and speculators to obtain US dollars." .
    Yesterday, Tuesday, the exchange rate of the dollar in the local stock exchanges witnessed a new decline, in an indication of a recovery in the value of the Iraqi dinar against the US dollar.
    It is noteworthy that the Council of Ministers approved, on February 7, 2023, the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars to one dollar, according to a statement issued by the media office of the Prime Minister, Muhammad Shia Al-Sudani.
     The exchange rate of the Iraqi dinar against the US dollar has fluctuated for more than three months, and this led on the second of February to a decline in the exchange rate of the dinar to 1750 dinars against one dollar.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 04 Jul 2024, 2:26 pm