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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


    The Central Bank attributes the reduction in the dollar exchange rate to the increase in cash reserv

    Rocky
    Rocky
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    rate - The Central Bank attributes the reduction in the dollar exchange rate to the increase in cash reserv Empty The Central Bank attributes the reduction in the dollar exchange rate to the increase in cash reserv

    Post by Rocky Sun 14 May 2023, 4:28 pm

    [size=30]The Central Bank attributes the reduction in the dollar exchange rate to the increase in cash reserves and the electronic platform[/size]

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    Today, Sunday, the Central Bank of Iraq stressed that its main tasks are to control the exchange rate of the US dollar through the currency selling window and stimulate the economy.


    And a statement was issued by the bank, NRT Arabia received a copy of it, stating that “the approved exchange rate is 1,320 dinars per dollar, which is the price at which the bank meets requests to sell cash dollars for travel, treatment, and so on.”


    The bank justified, “Reducing the exchange rate of the dollar against the dinar by saying that this will make the prices of imported goods in the local markets cheaper, and this reduction is also commensurate with the growing foreign currency reserves, which amounted to $110 billion .”


    And between, "The difference between the official exchange rate and the rate prevailing in the markets led to the establishment of the electronic platform, which he confirmed would be temporary."
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