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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


    3 questions for economic expert Abbas Bahadli:

    Rocky
    Rocky
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    3 questions for economic expert Abbas Bahadli:  Empty 3 questions for economic expert Abbas Bahadli:

    Post by Rocky Tue 28 Oct 2014, 12:26 pm

    3 questions for economic expert Abbas Bahadli: 





    1. Do you handle a basket of foreign currencies stir the Iraqi economy? 
    c - that the selection of other currencies represent the global economic basket should be on the basis of serving the national economy and the movement of trade and mutual investment with strong financial economy countries, and considers this step to enhance the value of the Iraqi dinar, and reduce potential on the local currency risk, unlike linked in a single currency as dollar and increasing diversity in foreign currency and use it as a reserve pick it economically by the Central Bank of Iraq represents the addition of monetary policy and help to enhance the value of the dinar by increasing dealing with other nations. 
    2 Is the money in circulation is considered is a measure of movement Goods and services? 
    c - that money is the measure of the value of goods and services represent one unit of money, for example, the dinar standard to calculate things values ​​include the calculation of this process of pricing, which requires the presence of cash categories represent complications or parts of them, therefore, is a broker to swap between the goods and services that As a result of the contradiction between the barter of goods and services and the market mechanism of the freedom of choice of the mechanism, and making a purchase or sale decision. 
    3 the economic returns from the transfer of funds abroad process as a result of daily economic transactions? 
    c - The movement to deal depends on the monetary policy of each country, there are states allow monetary policy trading of its currency outside its borders, and there are other countries to prevent it, such as Iraq, which has become the currency is not allowed to be traded externally, and is not supporting the dinar in the coming years, but through the development of effective national economic plan on the ground is an increase of work and production, and begin to create a major development projects and attract foreign investment real new order to ensure the support of the local currency during the coming period.


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