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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


    An economist attributes the reason for the recent decline of the dollar to the actions of the Iraqi

    Rocky
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    An economist attributes the reason for the recent decline of the dollar to the actions of the Iraqi Empty An economist attributes the reason for the recent decline of the dollar to the actions of the Iraqi

    Post by Rocky Sun 24 Dec 2023, 4:42 am

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    [size=52]An economist attributes the reason for the recent decline of the dollar to the actions of the Iraqi Central Bank[/size]

    [size=45]Hussein Hatem[/size]
    [size=45]Economic affairs researcher Abdul Rahman Al-Mashhadani revealed the reasons for the decline in the exchange rates of the dollar against the dinar during the past two days, while pointing out that the dollar needs time to reach the official price.[/size]
    [size=45]Al-Mashhadani said in an interview with Al-Mada, “The decline in the exchange rates of the dollar against the Iraqi dinar during the past two days; “It is the result of the measures taken by the Central Bank of Iraq.”[/size]
    [size=45]The economic affairs researcher added, “The procedures of the Central Bank of Iraq were to open several outlets for Iraqi banks, and the transfer would be in the currencies of the countries with which Iraq deals.”[/size]
    [size=45]Al-Mashhadani pointed out that “returning to the official price takes time,” noting that “the dollar needs to return to the price of 1,450 dinars for every dollar and then gradually descend to the official price.”[/size]
    [size=45]The prices of the US dollar fell against the Iraqi dinar in the capital, Baghdad, yesterday, Saturday, with the stock market closed.[/size]
    [size=45]Al-Mada's correspondent said that dollar prices fell with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 152,200 Iraqi dinars against 100 dollars, while on Saturday morning it recorded 152,450 Iraqi dinars against 100 dollars.[/size]
    [size=45]Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad decreased, as the selling price reached 153,250 dinars for 100 dollars, while the purchase price reached 151,250 dinars for 100 dollars.[/size]
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