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


    The Central Bank takes 5 measures to contain the rise in the dollar

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268041
    Join date : 2012-12-21

    The Central Bank takes 5 measures to contain the rise in the dollar Empty The Central Bank takes 5 measures to contain the rise in the dollar

    Post by Rocky Sun 22 Oct 2023, 5:27 am

    [You must be registered and logged in to see this link.]
    [You must be registered and logged in to see this link.]
    [size=52]The Central Bank takes 5 measures to contain the rise in the dollar[/size]
    • Today 09:55




    Information / Baghdad..
     Member of the Parliamentary Finance Committee, Mudar Al-Karawi, confirmed on Sunday that the Central Bank of Iraq has begun adopting 5 mechanisms to contain the rise in the parallel market.

    [You must be registered and logged in to see this link.]
    Al-Karawi said in an interview with Al-Maalouma, “The difference between the dollar exchange rate determined by the Central Bank and the parallel market reaches 20%, which is a high percentage that reflects a serious state of concern because it is unstable.”
    He added, "The possibility of the dollar rising is great with the demand for the parallel market in order to finance deals and travel trips for thousands of citizens," noting that "the last meeting with the management of the Central Bank revealed negative indicators and cases in some aspects in terms of securing liquidity for the dollar in order to meet all requests." Purchase,” pointing out that “the bank has begun to adopt 5 mechanisms to contain the rise in the parallel market, the most prominent of which is reducing dollarization in transactions according to specific contexts.”
    He pointed out that "reducing the dollar exchange rate is very important, especially since any rise leads to great pressure on the markets and pushes prices higher, with speculators exploiting any opportunity to profit."
    The dollar exchange market in Iraq is witnessing an unstable situation in light of its breaking the barrier of 160 thousand dinars per $100. Ended 25 F

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

      Current date/time is Sun 14 Apr 2024, 6:24 am