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


    In need of bold solutions.. The dollar crisis is more complex than the central bank’s procedures - u

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269106
    Join date : 2012-12-21
    • Post n°1

    In need of bold solutions.. The dollar crisis is more complex than the central bank’s procedures - u Empty In need of bold solutions.. The dollar crisis is more complex than the central bank’s procedures - u

    Post by Rocky Thu 01 Feb 2024, 7:10 am

    In need of bold solutions.. The dollar crisis is more complex than the central bank’s procedures - urgent
    [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
    An economist and academic at Cihan University, Nawar Al-Saadi, confirmed today, Thursday (February 1, 2024), that the dollar crisis has become a “chronic problem” that requires “bold” solutions from the government and not just the Central Bank’s measures alone.
    Al-Saadi said in an interview with “Baghdad Today” that, “For two decades, Iraq has been suffering from cumulative problems, especially in the issue of trade with successive countries from the United States.”
    Al-Saadi added, "Trade with Iran and Syria is covered by monetary demand, and Iraq needs $30 million to cover trade with Iran only. If the dollar exceeds the barrier of 200 thousand dinars, trade with Iran will remain profitable."
    He pointed out that "without controlling the border crossings and imposing fines on merchants, the government will not be able to limit the daily dollar bleeding," indicating that "for this reason, the dollar will be purchased by the parallel market for the purpose of covering trade with Iran."
    For several months, the country has witnessed a rise in the dollar exchange rates, exceeding 150 thousand dinars for every 100 dollars, while the government and the central bank are trying to control the exchange rate approved by them in the parallel market by pursuing speculators on the one hand and taking a number of measures on the other hand.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 28 Apr 2024, 9:06 am