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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


    Iran spoke of economic damage as a result of Iraq's dealings with it in dinars

    Rocky
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    Iran spoke of economic damage as a result of Iraq's dealings with it in dinars Empty Iran spoke of economic damage as a result of Iraq's dealings with it in dinars

    Post by Rocky Wed 29 Nov 2023, 4:37 am

    [rtl]Iran spoke of economic damage as a result of Iraq's dealings with it in dinars[/rtl]

    Economy  ,  2023/11/28 20:10  Number of readings: 558 
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    [rtl]Baghdad - Iraq today:[/rtl]
    [rtl]Secretary General of the Joint Iranian-Iraqi Chamber of Commerce, Jahanbakhsh Sanjabi Shirazi, confirmed today, Tuesday, that merchandise exports to Iraq recorded a price growth of 30 percent in the first seven months of the current fiscal year until October 22, 2023.[/rtl]
    [rtl]Iranian media quoted Shirazi as saying, “Part of this growth is related to the increase in Iranian gas exports to Iraq by 1.8 percent, noting that with the onset of winter, there may be no possibility of maintaining gas export growth to the neighboring country. “[/rtl]
    [rtl]The Secretary-General of the Chambers of Commerce added, “The recent measures of the Central Bank of Iraq regarding the dollar would hinder the path of Iranian exports, explaining this to” the free and official exchange rates in the economic system in Iraq, which increase by more than 22 percent sometimes, which leads to raising the cost of supplying Iranian goods to the supplier. Iraqi 20 percent.”[/rtl]
    [rtl]Sanjabi Shirazi added, “This issue has not had a tangible impact on Iranian exports yet, but effects may appear in the coming months in this regard.”[/rtl]
    [rtl]He noted that "the decision of the Central Bank of Iraq and the Council of Ministers, which will enter into force at the beginning of the year 2024, according to which it will prevent any deals denominated in the currency other than the dinar in Iraq, which will affect Iranian exports," calling for "proposing a solution to this problem to overcome the American Federal Reserve project aimed at finding... "Pressures on our exports to this country."[/rtl]
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    [/rtl]

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