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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

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    An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency

    Rocky
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    An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency Empty An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency

    Post by Rocky Mon 13 May 2024, 6:36 am

    [size=35][size=35]An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency window[/size]
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    Economy

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    05-13-2024 | 05:47
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    Alsumaria News - Economy

    Economist Duraid Al-Anzi proposed, today, Monday, a solution to end the “takeover” of the Jordan National Bank of the currency selling window, noting that the continuation of the situation as it is poses great financial risks to Iraq.


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    Al-Anazi said in an interview with:[url=https://www.alsumaria.tv/entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url], that "[url=https://www.alsumaria.tv/entity/4237392430/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A %D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86%D9%8A/ar/]Jordan National Bank[/url]He has internal and external privileges and extensive relationships and correspondents, and he took advantage of the weakness of the Iraqi banks in this aspect by seizing the largest part of the currency selling window,” indicating that “the Central Bank is unable to find a solution to this process because of the risks it entails.”



    Al-Enezi added, “These risks are represented by the fact that the transfers that come out of the Central Bank to the Bank of Jordan are unsafe if it is exposed to any external accounting, because[You must be registered and logged in to see this link.]It does not have any control over it as it is a foreign bank.”

    Al-Enezi proposed to the Central Bank a solution to this problem by saying, “[You must be registered and logged in to see this link.]It owns 19 banks with a high credit rating and is not without dust. If a coalition occurs between 5 or 6 banks, its capabilities will be greater than[url=https://www.alsumaria.tv/entity/4237392430/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A %D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86%D9%8A/ar/]Jordan National Bank[/url]It will undertake the transfer process and enter the currency selling window,” noting that “the central bank in this case will ensure that money is not risked.”[You must be registered and logged in to see this link.]The fact that these banks are local and not foreign, as is the case with[url=https://www.alsumaria.tv/entity/4237392430/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A %D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86%D9%8A/ar/]Jordan National Bank[/url]".
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