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


    Revealing the reason for the dollar’s ​​decline.. Are the parallel and the official equivalent?

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 274019
    Join date : 2012-12-21

    Revealing the reason for the dollar’s ​​decline.. Are the parallel and the official equivalent? Empty Revealing the reason for the dollar’s ​​decline.. Are the parallel and the official equivalent?

    Post by Rocky Thu 21 Dec 2023, 3:06 pm

    Revealing the reason for the dollar’s ​​decline.. Are the parallel and the official equivalent?

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

    +A
    -A


    Baghdad Today - Baghdad
    Financial affairs expert, Nasser Al-Kinani, revealed today, Thursday (December 21, 2023), the reason for the decline in the dollar exchange rate in the parallel market.
    Al-Kanani told "Baghdad Today", "The most prominent reason for this decline is the reduction and limitation of black transfers, and this is due to the recent Iraqi agreement to finance foreign trade with non-dollar means, especially with the Turkish side."
    He expected that "the exchange rate will continue to decline gradually, especially with the reduction of black transfers, but it will take more time for the exchange rate in the parallel market to reach the official rate."
    Al-Kinani stated, “The decline will be gradual and very slow during the coming period.”
    The parallel market in Baghdad and the governorates is witnessing a noticeable decline in the exchange rate of the dollar against the dinar, and the selling price in the banking offices in the capital this evening reached 152,400 dinars for every hundred dollars, and in Erbil it was 152,650 dinars, and in Basra it was 152,300 dinars.
    On the 14th of this month, the Central Bank of Iraq announced that it had reached an agreement with the US Federal Bank and the US Treasury regarding meeting Iraq’s needs for cash dollar shipments for the next year.
    [You must be registered and logged in to see this link.]

      Current date/time is Fri 19 Jul 2024, 3:51 pm