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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


    The Central Bank is taking action against speculators in exchange rate issues

    Rocky
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    rate - The Central Bank is taking action against speculators in exchange rate issues Empty The Central Bank is taking action against speculators in exchange rate issues

    Post by Rocky Sat 13 May 2023, 3:58 am

    [size=35][size=35]The Central Bank is taking action against speculators in exchange rate issues[/size]
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    Sweeteners

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    2023-05-12 | 10:39
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    [/size]


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    Today, Friday, the Central Bank of Iraq announced that it would take strict action against speculators in exchange rate issues.


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    A bank statement received by Alsumaria News stated, "In response to citizens' requests for the US dollar currency at the official exchange rate for legitimate purposes, the Central Bank of Iraq succeeded in providing easy and appropriate tools represented in the facilities packages that it issued , which includes support for the settlement of electronic cards at the official price and money transfers of various kinds.” However, some of those who were able to obtain the cards misused them far from the intended goals for this purpose, and this was revealed by the reports of the competent security authorities and the supervisory procedures of the Central Bank and the Office of Combating Money Laundering and Terrorist Financing,” referring to “the development of a strict new electronic system that ends this phenomenon and violations.



    revealed[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]According to the statement, on “completing the legal procedures against the violators, individuals, companies and banks, announcing their referral to the courts specialized in money laundering and financing terrorism,” stressing “his keenness to provide all appropriate tools to achieve the stability of the exchange rate, especially with the arrival of external transfers through the electronic platform to high levels.”

    He pointed out, "The use of electronic cards and the cash sale of the dollar, all of this made the so-called "exchange rate in the parallel market" not reflect the real exchange rate as long as[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]

    It responds to all ( legitimate requests) to buy the dollar.”[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]and his decisions.”

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    rate - The Central Bank is taking action against speculators in exchange rate issues Empty The Central Bank is taking action against speculators in exchange rate issues

    Post by Rocky Sat 13 May 2023, 4:17 am

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    • FRIDAY, 12-05-2023, PM 7:52
       
    • KARRAR AL-ASADI


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    Today, Friday, the Central Bank of Iraq announced that it would take strict action against speculators in exchange rate issues.
    A bank statement stated, “In response to citizens’ requests for the US dollar currency at the official exchange rate for legitimate purposes, the Central Bank of Iraq succeeded in providing easy and appropriate tools represented in the facilities packages that it issued, which include support for the settlement of electronic cards at the official price and money transfers of various kinds. Those who were able to obtain the cards misused them far from the goals intended for this purpose, as revealed by the reports of the competent security authorities and the supervisory procedures of the Central Bank and the Office of Combating Money Laundering and Terrorist Financing,” noting that “a strict new electronic system was put in place that ends this phenomenon and the violations used in these cards.” ".
    The Central Bank of Iraq revealed, according to the statement, “the completion of legal procedures against the violators, individuals, companies and banks, announcing their referral to the courts specialized in money laundering and financing terrorism,” stressing “its keen desire to provide all appropriate tools to achieve stability in the exchange rate, especially with the arrival of external transfers.” through the electronic platform to a higher level.
    He pointed out, "The use of electronic cards and the cash sale of the dollar, all of this made the so-called "exchange rate in the parallel market" not reflect the real exchange rate as long as the Central Bank of Iraq responds to all (legitimate requests) to buy the dollar."
    He added, "The price in the parallel market is linked to speculative activity, and non-fundamentalist operations trying to get away from the methods provided by the Central Bank of Iraq law and its decisions."
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    rate - The Central Bank is taking action against speculators in exchange rate issues Empty The Central Bank of Iraq is taking strict measures against currency speculators

    Post by Rocky Sat 13 May 2023, 4:46 am

    [rtl]The Central Bank of Iraq is taking strict measures against currency speculators[/rtl]

    economy  ,  05/13/2023 10:05  , Number of readings: 174 
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    [rtl]Baghdad - Iraq today:

    The Central Bank of Iraq announced the referral of speculators in exchange rate issues to the competent courts.[/rtl]

    [rtl]A statement by the bank's media office said, "In response to citizens' requests for the US dollar currency at the official exchange rate for legitimate purposes, the Central Bank of Iraq succeeded in providing easy and appropriate tools represented in the facilities packages it issued, which include support for the settlement of electronic cards at the official price and money transfers of various kinds.Some of those who were able to obtain the cards misused them far from the goals intended for this purpose, as revealed by the reports of the competent security authorities and the supervisory procedures of the Central Bank and the Office of Combating Money Laundering and Terrorism Financing, which led to the development of a “strict new electronic system” that ends this phenomenon and the violations used in those cards.”[/rtl]
    [rtl]According to the statement, the Central Bank revealed, “the completion of legal procedures against the violators, individuals, companies, and banks, announcing their referral to the courts specialized in money laundering and terrorism financing,” stressing “its keen desire to provide all appropriate tools to achieve the stability of the exchange rate, especially with the access of external transfers through the electronic platform.” To high levels, in addition to the use of electronic cards and the cash sale of dollars, all of this made what is called the “parallel market exchange rate” not reflecting the real exchange rate as long as the Central Bank of Iraq responds to all (legitimate requests) to buy dollars.[/rtl]
    [rtl]And he indicated that “the price in the parallel market is linked to speculation activity, and non-fundamentalist operations that try to move away from the methods provided by the Central Bank of Iraq law and its decisions.”[/rtl]
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    [/rtl]

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