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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


    Central Bank Governor reveals important figures about Iraq's economy and foreign reserves

    Rocky
    Rocky
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    Central Bank Governor reveals important figures about Iraq's economy and foreign reserves Empty Central Bank Governor reveals important figures about Iraq's economy and foreign reserves

    Post by Rocky Thu 31 Oct 2024, 9:18 am

    Central Bank Governor reveals important figures about Iraq's economy and foreign reserves

    • Time: 2024/10/30 

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    {Economic: Al Furat News} The Governor of the Central Bank of Iraq revealed important figures about the Iraqi economy and its foreign currency reserves.

     
    Ali Al-Alaq said during his participation in the Middle East Forum 2024 (Miri) session in Erbil, that "the volume of currency issued in circulation is approaching 100 trillion dinars," indicating that "the cash reserve of foreign currency exceeds 100 billion dollars."

    He explained that "next year will witness major transformations in the restructuring of government and private banks."

    He pointed out that "the growth rate of the money supply rose from 46 trillion to 100 trillion within two years," noting that "the external debt does not exceed 20 billion dollars."

    Al-Raqqa confirmed that "the inflation rate currently stands at 3.8%, which is a typical rate," revealing that "the Central Bank has granted a license to 16 electronic payment companies."







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