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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


    Parliamentary Finance Committee: US Treasury sanctions on Iraqi banks threaten the stability of the

    Rocky
    Rocky
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    Committee - Parliamentary Finance Committee: US Treasury sanctions on Iraqi banks threaten the stability of the  Empty Parliamentary Finance Committee: US Treasury sanctions on Iraqi banks threaten the stability of the

    Post by Rocky Wed 31 Jan 2024, 1:50 pm

    Parliamentary Finance Committee: US Treasury sanctions on Iraqi banks threaten the stability of the dollar exchange rate

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    Parliamentary Finance Committee



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    The Finance Committee of the Iraqi House of Representatives warned that the sanctions imposed by the US Treasury on Iraqi banks under the pretext of money laundering undermine the stability of the dollar exchange rate and increase the selling gap between the official and parallel rates.
    The committee confirmed in a statement that "imposing sanctions on Iraqi banks hinders the steps taken by the Central Bank to adjust the stability of the dollar exchange rate and reduce the selling gap between the official and parallel rates."
    The committee noted that "these practices have repercussions and consequences on the livelihood of citizens."
    The committee called on "the government and the Central Bank of Iraq to take rapid measures to get rid of the dominance of the dollar by diversifying our cash reserves from foreign currencies."
    The committee also proposed "obliging the Ministry of Oil to sell Iraqi oil in other foreign currencies."
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