Established in 2006 as a Community of Reality

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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


    Central Bank Governor: The price of the dollar in the parallel market is anomalous and specific to s

    Rocky
    Rocky
    Rocky
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    • Post n°1

    Central Bank Governor: The price of the dollar in the parallel market is anomalous and specific to s Empty Central Bank Governor: The price of the dollar in the parallel market is anomalous and specific to s

    Post by Rocky Wed 03 May 2023, 5:23 am

    Central Bank Governor: The price of the dollar in the parallel market is anomalous and specific to speculators
    • Time: 05/03/2023 12:57:31
       
    • Read: 403 times

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    {Economic: Al Furat News} The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the bank’s sales of dollars amounted to about 200 million dollars per day.

    Al-Alaqi said in a press statement that "these sales therefore cover the demands of merchants, citizens and investors," noting that "the exchange rate in the parallel market" is for speculators or owners of illegal operations. And investors and others and its sales are up to 200 million dollars per day, so the exchange rate in the parallel market or the black market is
    an unreal price for speculators or owners of illegal operations who are willing to pay this high price. An abnormal price related to speculation or illegal operations. 
    The government decided to adopt the exchange rate of the dollar at 1,300 dinars.
    On February 7, 2023, the Council of Ministers approved "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 per dollar.
    The exchange rate of the dinar against the dollar has been fluctuating for more than two 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.
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    Rocky
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    • Post n°2

    Central Bank Governor: The price of the dollar in the parallel market is anomalous and specific to s Empty Governor of the Central Bank of Iraq: The price of the dollar in the parallel market is not real

    Post by Rocky Thu 04 May 2023, 4:55 am

    [rtl]Governor of the Central Bank of Iraq: The price of the dollar in the parallel market is not real[/rtl]

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    [rtl]Baghdad-Iraq today:[/rtl]
    [rtl]The Governor of the Central Bank of Iraq, Ali Al-Alaq, said on Wednesday that the exchange rate in the parallel market or the black market is an unreal price for speculators or owners of illegal operations.

    Al-Alaq stated, in response to a journalist's question, about the reasons for the difference in the price between the central bank and the market, that “the central bank has reached sales that cover the requests of merchants, citizens, investors, and others , and its sales are about $200 million per day, so the second price that exists in the parallel market or the black market is a non-price.” It is real, and it is a price for speculators or a price for owners of illegal operations who are willing to pay this high price.”

    He stressed, "Now, there is only the correct price, which is 1320, because the central bank covers the need for requests for dollars, and the other price is a price that has become an abnormal price related to speculation or related to illegal operations." .”

    Regarding the central bank's measures against raising the dollar in the markets, Al-Alaq said, "The market corrects itself by covering the needs of citizens, merchants and others, so that it does not resort to using another price or another place to buy the dollar.”[/rtl]
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    [/rtl]
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