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


    What are the reasons for the intransigence of the American green in front of the Iraqi dinar? An exp

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270596
    Join date : 2012-12-21
    • Post n°1

    What are the reasons for the intransigence of the American green in front of the Iraqi dinar? An exp Empty What are the reasons for the intransigence of the American green in front of the Iraqi dinar? An exp

    Post by Rocky Mon 07 Aug 2023, 5:22 am

    What are the reasons for the intransigence of the American green in front of the Iraqi dinar? An expert answers

    [You must be registered and logged in to see this image.]

    +A
    -A


    Baghdad today - Baghdad
    Today, Sunday (August 6, 2023), an expert in financial and economic affairs, Nabil Al-Marsoumi, revealed the reasons for the dollar’s ​​exchange rate not depreciating despite the many government decisions.
    Al-Marsoumi told "Baghdad Today", that "the Central Bank of Iraq has the right to set an administrative rate for the exchange rate of the dollar, but on the ground we should not hope too much, because the bank previously promised the citizen 7 months ago to end the gap between the official rate and the parallel price."
    He added, "It is not possible to attribute the rise in the price parallel to the speculators' operation, since there is a real demand for that price, because not all travelers are able to obtain dollars at the official rate, especially those who travel to countries banned from the United States."
    He pointed out, "The spending of travelers in Iran in 2022 was more than 3 billion dollars, since Iraqi tourists constitute 55% of the total tourists in Iran, and therefore they get dollars from the parallel price."
    And Al-Marsoumi indicated, "The demand for dollars from the parallel market is for the purpose of financing trade, especially with Iran, since Iraq imports $10 billion annually with it."
    It is noteworthy that the exchange rate of the dollar recorded a rise this evening, Sunday, in Baghdad, and reached 152 thousand dinars per hundred dollars.
    The Central Bank of Iraq revealed, last Thursday, new decisions that will be issued next week (current) to reduce the price of the dollar in Iraq.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 23 May 2024, 3:25 am