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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 "restricted" Iraqi banks blacken their face with the ambassador's tweet and an upcoming framewor

    Rocky
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    • Post n°1

    The "restricted" Iraqi banks blacken their face with the ambassador's tweet and an upcoming framewor Empty The "restricted" Iraqi banks blacken their face with the ambassador's tweet and an upcoming framewor

    Post by Rocky Sun 30 Jul 2023, 5:31 am

    The "restricted" Iraqi banks blacken their face with the ambassador's tweet and an upcoming framework meeting
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    Baghdad today - Baghdad
    Today, Sunday (July 30, 2023), the leader in the coordination framework, Turki Al-Atbi, confirmed that the file of the 14 banks will be the first to be discussed in the next meeting of the framework forces.
    Al-Atbi told "Baghdad Today", that "the forces of the coordination framework will hold an expanded meeting this week in Baghdad to discuss several files, most notably the sanctions imposed on 14 Iraqi private banks by Washington and their impact on the currency market file, especially with the recent rise in the parallel market for selling dollars."
    He added, "The dollar's rise is worrisome, and we believe that Washington stands behind it for purely political reasons," noting that "the framework forces will listen to the Sudanese government's opinion on the reasons for the recent rise in the dollar price and what are the proposed solutions."
    Al-Atbi continued: "The framework will present its vision on the files presented through the importance of stabilizing the markets and not increasing prices that increase the burdens on the shoulders of citizens."
    The ambassador is on the line 
    Yesterday, Saturday (July 29, 2023), the US Ambassador to Baghdad, Alina Romanowski, commented on the recent US measures to restrict 14 Iraqi banks from dollar services, indicating that America did not impose sanctions on any of the Iraqi banks.
    Romanowski said in a tweet on Twitter, followed by "Baghdad Today": "Yesterday, I participated in a call between the Treasury Department and the Central Bank of Iraq (CBI) about the recent US measures to restrict 14 Iraqi banks from dollar services after concerns related to money laundering." She added, "The Central Bank of Iraq took appropriate and prompt measures," noting that "no sanctions were imposed on any of the Iraqi banks," stressing "continuing work to improve compliance with AML/CFT systems and digitize the Iraqi economy with our partners in the Central Bank of Iraq."
    Is the dollar back okay? 
    While observers of the economic affairs believe that there is a clear decrease in the exchange rate, others assert that it will not return to the official rate, 1320 dinars, as long as part of the dollar sales goes to finance trade with the penalized countries, suggesting that there will be stability in the exchange rate, and its return to 150 thousand. Dinar to the dollar, and it may decrease more during the current week. 
    Earlier, the US Treasury imposed sanctions on 14 Iraqi banks to restrict their banking dealings due to suspicions of money laundering. 
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