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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


    Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers f

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 265238
    Join date : 2012-12-21

    Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers f Empty Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers f

    Post by Rocky Mon 04 Dec 2023, 4:20 am

    Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers for the “travelers’ dollar”
    [You must be registered and logged in to see this link.] |Today
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    Baghdad today - Baghdad
    Today, Monday (December 4, 2023), the Parliamentary Finance Committee commented on government banks’ actions to sell dollars to travelers recently.
    Committee member Mustafa Al-Karaawi said in an interview with “Baghdad Today” that “the procedures of government banks to sell the dollar to travelers recently have been positive, especially with regard to electronic submission to obtain the dollar, as this has limited the great momentum on the banks and also limited the issue of manipulation.”
    Al-Karaawi stated that “his committee does not have any accurate numbers or statistics regarding the amount of dollars sold to traveling citizens per day or even per month, and it will submit a parliamentary question to the relevant authorities in the Central Bank to find out the numbers,” pointing out that the banks’ procedures may change in the presence of any development that occurs. "With this crisis."
    On the seventeenth of last October, the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the opening of a special lounge for private banks to sell dollars to travelers at Baghdad International Airport.
    The Governor of the Central Bank explained, according to a statement by the bank, that "the exchange rate depends mainly on imports and not on local production, and that the exchange rate in Iraq has peculiarities because it is linked to the price of oil, as it is the largest source of providing hard currency."
    He pointed to many factors that affect the exchange rate, the most important of which is the leakage of the dollar to neighboring countries, internal trading in local markets in a currency other than the national currency, as well as the lack of complete control over ports and smuggling.
    He added, "The level of inflation has decreased significantly and that the goods that enter officially are witnessing price stability because imports are covered by the official price."
    He confirmed the opening of a special hall for private banks to sell dollars to travelers at Baghdad International Airport, and raising the interest rate for amounts deposited in banks to 7.5% to encourage citizens to deposit their amounts in banks and to withdraw the cash mass outside the banks.
    The statement continued that, after objective and serious discussions, the Deputy Prime Minister and Minister of Foreign Affairs indicated that the Council will study in detail this important issue and will follow up on the localization of salaries for all workers in the government sector and then the mixed sector until the private sector and will study increasing the interest rate on deposits.
    [You must be registered and logged in to see this link.]
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 265238
    Join date : 2012-12-21

    Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers f Empty Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers f

    Post by Rocky Mon 04 Dec 2023, 4:25 am

    Parliament Finance is “optimistic” about government bank measures: We do not have accurate numbers for the “travelers’ dollar”
    [You must be registered and logged in to see this link.] |Today
    [You must be registered and logged in to see this image.]

    +A
    -A


    Baghdad today - Baghdad
    Today, Monday (December 4, 2023), the Parliamentary Finance Committee commented on government banks’ actions to sell dollars to travelers recently.
    Committee member Mustafa Al-Karaawi said in an interview with “Baghdad Today” that “the procedures of government banks to sell the dollar to travelers recently have been positive, especially with regard to electronic submission to obtain the dollar, as this has limited the great momentum on the banks and also limited the issue of manipulation.”
    Al-Karaawi stated that “his committee does not have any accurate numbers or statistics regarding the amount of dollars sold to traveling citizens per day or even per month, and it will submit a parliamentary question to the relevant authorities in the Central Bank to find out the numbers,” pointing out that the banks’ procedures may change in the presence of any development that occurs. "With this crisis."
    On the seventeenth of last October, the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the opening of a special lounge for private banks to sell dollars to travelers at Baghdad International Airport.
    The Governor of the Central Bank explained, according to a statement by the bank, that "the exchange rate depends mainly on imports and not on local production, and that the exchange rate in Iraq has peculiarities because it is linked to the price of oil, as it is the largest source of providing hard currency."
    He pointed to many factors that affect the exchange rate, the most important of which is the leakage of the dollar to neighboring countries, internal trading in local markets in a currency other than the national currency, as well as the lack of complete control over ports and smuggling.
    He added, "The level of inflation has decreased significantly and that the goods that enter officially are witnessing price stability because imports are covered by the official price."
    He confirmed the opening of a special hall for private banks to sell dollars to travelers at Baghdad International Airport, and raising the interest rate for amounts deposited in banks to 7.5% to encourage citizens to deposit their amounts in banks and to withdraw the cash mass outside the banks.
    The statement continued that, after objective and serious discussions, the Deputy Prime Minister and Minister of Foreign Affairs indicated that the Council will study in detail this important issue and will follow up on the localization of salaries for all workers in the government sector and then the mixed sector until the private sector and will study increasing the interest rate on deposits.
    [You must be registered and logged in to see this link.]

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