Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


Neno

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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


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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 10:48 am

    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the bank remittances

    06/16/2015

    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the bank remittances

    Dinars / Adnan Abdul Hassan / .. government source confirmed that the political dimensions behind the high price of the dollar, while noting that 90% of dollar sales in the Central Bank is of remittances and 10% cash sales only. "

    The source, who declined to be named in an exclusive interview told / JD /: "The dollar's exchange rate is not a government decision but respect to supply and demand, and because of lower oil prices, what you get state of the hard currency is much less than the previous, and when the supply of dollar less than Markets need it makes sense to increase the rate of exchange. "

    He explained, "It was expected the dollar rise because of low oil revenues seriously and is the only of the dollar source of Iraq and the government and other institutions worked quietly in recent months to put guarantees the receipt of the dollar importers at the official rate by remittances, in order to prevent prices from rising and to protect the poor that the mechanisms The traders and importers sell the dollar at the official rate and this ensures that high prices, which confirms this talk that 90% of dollar sales by the Central Bank of Iraq is of remittances and 10% cash sales only. "

    He continued, "That's why the high dollar exchange rate to the rise in commodity prices did not lead. The rise some food only prices and not the rest of the goods in these days in particular comes because of the proximity of Ramadan and the increasing appetite for food and the greed of some traders and this gets every year and is linked to fluctuations in the price dollar. This means that it is not related to the price of the dollar at all and only rose to all other materials prices and that did not happen. "

    He stressed that "there is a campaign-oriented and regulated by the well-known groups to intimidate citizens and confuse the situation about the high price of the dollar and move them against the state and the government, as if the poor spared his money to the dollar, while the dollar is important for the rich is primarily who want to convert their money into dollars, otherwise the average citizen does not affect him so what long as the price did not increase outside the usual proportions and this is the reality, "../ ended / ..


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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 12:14 pm

    Only converting 10 percent to cash:

    She Sumaisem told the independent press (Iba) said Thursday that "the project to delete the zeros is aimed at two dimensions are reducing the money supply and improve the price of the Iraqi dinar, pointing out that" the deterioration of the dinar exchange rate in the current period after pumping quantities of ill-conceived from the dollar makes the process of deleting zeros is able to improve the rate of the dinar will not create a balance with the dollar. "
    She pointed to the "dual price policy that arise between the central bank auction and outside the auction and the existence of attempts to smuggle currency has created a discrepancy between the two rates inside and outside the bank, making it the Iraqi dinar less valuable than the U.S. dollar."



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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 12:24 pm

    The government is taking measures to reduce the dollar exchange rate




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    on:
    June 16, 2015

    BAGHDAD / Center Brief for the Iraqi Media Network (IMN) -

    said a government source from taking several measures to reduce the price of the dollar against the Iraqi dinar.
    The source added to (IMN) that "among the measures to increase the Iraqi Central Bank sales, especially in the area of remittances, as well as a doubling of the versions of the bank in this side."

    He continued, "will also open ports in government banks to sell the dollar for delegates and cases of humanitarian and other measures taken by the Bank Central will contribute to the provision of the dollar,

    "noting that" there are speculations made ​​by some has created a state of confusion in the market led to the lifting of the dollar against the Iraqi dinar and deliberately. "

    The source pointed out that "the government and other institutions and in spite of pressures as a result of lower revenues Oil has worked quietly in recent months to put the dollar importers to ensure receipt of the official rate by remittances,

    to prevent prices from rising and to protect the poor mechanisms, as they are for traders and importers sell the dollar at the official rate, and this ensures that high prices.


    It is this speech confirms that 90% of dollar sales by the Central Bank of Iraq is of remittances and cash only 10% of the sale.


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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 3:09 pm

    Keywords denies prevent the sale of Dollar process: hard currency fled to countries supporting terrorism, corruption

    Economy and tenders

    Since 06.16.2015 at 17:00 (GMT Baghdad)

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    Baghdad scales News
    Denied Governor of the Central Bank and the Agency on the Keywords, Tuesday, news about the existence of the prevention of the sale of the dollar and to stop the work ERA currency, stressing that the Bank continues to sell the dollar did not stop but a new mechanism.


    Keywords and said during a press conference held PHP central bank building in the presence of experts and media attended / scales News / "The hard currency escaped much supportive of terrorism, and corruption, stressing that the central bank has taken new measures is no longer a daily window and ATM of hard currency."

    He Keywords that "Bank head toward the two roads is remittances window where can traders who wish to develop a bank deposit in one of the foreign banks with the agreement of internal banks through remittances window, and the process of transportation, so can the citizen get a dollar through two routes either traveling or treatment, stressing that the Bank Central does not stand not put limits on the sale of the dollar. "

    "The Bank has developed new procedures and mechanisms for the auction currency different from the daily currency auction the previous noting, that the auction currency will not stop working out, but according to the new measures where private banks could get a dollar every 15 days through the Central Bank."

    Keywords and stressed that "Iraq does not suffer from any decline in revenue and has good and there are no concerns, pointing out that the Iraqi dinar is covered at 150% of the hard currency and can control this reserve currency."

    "The Bank of promising new procedures and mechanisms for the auction currency different from the daily currency auction the previous noting, that the auction currency will not stop, but the work done according to the new measures."

    He Keywords during the conference that some officials in the economy had a total far from the banking sector's remarks and warned of new central bank measures and stressed the low foreign currency reserves at the bank, stressing that Iraq does not suffer from any decline and has good revenue and there are no fears. "

    This revealed the economic and investment commission member of the parliamentary Najib Najib, Tuesday, that a meeting occurred between the Central Bank with the Ministry of Finance to discuss ways to avoid a crisis of rising dollar prices in front of the Iraqi dinar.

    The "saw the local markets, on Monday, rising exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is the equal to US $ 100 140 000 dinars."

    While "said economic expert on behalf of Antoine, on Monday, that the increase in" demand "on the dollar in the current markets and the lack of" supply "has led to rising prices, among the rise Sneks negatively on the commercial market prices" .anthy 29 / d 25


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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 3:28 pm

    The "saw the local markets, on Monday, rising exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is the equal to US $ 100 140 000 dinars."


    An employee get paid in dinars.  All goods are priced in dinars and dollars.  If he pays in dollars, he gets a better price than using dinars.  At the currency dealers he has to pay 1400 dinars for one dollar.  If he goes to a bank he gets around 1200 dinars to the dollar.  What will he do?  Pretty obvious....and the money supply of dinars continues to be drained......  
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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by duck2000 Tue 16 Jun 2015, 4:37 pm

    if dis is >>>>>140 000 dinars<<< is 1400 then my >>> 120 000 would be 1200 as i said >>> so makes one wonder if my 50 000 isnt 50 dinars ....

    lol!
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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Neno Tue 16 Jun 2015, 4:50 pm

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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Neno Tue 16 Jun 2015, 4:57 pm

    Amazing [You must be registered and logged in to see this image.] 10% Cash of the 100% nature. Those remittances equal 90%. Heck the sky is the limit for a value..
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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

    Post by Proven Tue 16 Jun 2015, 5:29 pm

    Neno wrote:Amazing [You must be registered and logged in to see this image.] 10% Cash of the 100% nature. Those remittances equal 90%. Heck the sky is the limit for a value..

    The plan is working.

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    A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the Empty Re: A government source (dinars): Dollar rises behind political overtones .. and 90% of the sales of the

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