Established in 2006 as a Community of Reality

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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.

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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 posters

    Central: 85% of the money circulating in the market are among the public

    Rocky
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    • Post n°1

    Central: 85% of the money circulating in the market are among the public Empty Central: 85% of the money circulating in the market are among the public

    Post by Rocky Tue 16 Feb 2016, 6:33 am

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    Tuesday February 16, 2016 13:23
     
     
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    Alsumaria News / Baghdad 
    Iraqi Central Bank announced on Tuesday that 85% of the money circulating in the market are among the public, and as he pointed out that the State-owned banks account for most of the financial reserves of the deposits of the public, he stressed that the Ministry of Finance refuses to increase the benefits. 

    The general director of Issue Directorate and cabinets in the central bank Ahsan Shomran in an interview on "from the 10 of 11," which aired "Sumerian" channel, said that "the trading day in the market of the Iraqi currency of 38 trillion dinars, of which 85% of the public and 15% in the machine banking, "noting that" the money in the public part of the trade and other chunky. "
     

    He Shomran, that "the Central Bank is trying to encourage the public lures him certain items as tools to issue bonds and remittances until he gets on the dinar from the public, but that it depends on the Ministry of Finance, which owns the largest banks, which account for the largest financial reserves of public deposits, which must convince the public to give high interest rates, but the last to reject the increase. " 

    The Shomran, that "the bank thinks luring the public to withdraw the dinar through the benefit of 15% of the national financial bond status, but the Finance Ministry is reluctant and unenthusiastic," pointing out that "Iraq must cross the stage and on the financial respond to pressure the bank to issue bonds to solve the problem of the country ". 

    And seeks the Finance Ministry in cooperation with the Central Bank to issue national bonds and put it to the public in order to bridge the shortfall in the current year budget, which amounted to 24 trillion dinars due to lower oil prices.
     



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    Neno
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    • Post n°2

    Central: 85% of the money circulating in the market are among the public Empty Re: Central: 85% of the money circulating in the market are among the public

    Post by Neno Tue 16 Feb 2016, 3:12 pm

    So the public holds the cash, don't trust the banks yet for deposits.
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    Lobo
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    • Post n°3

    Central: 85% of the money circulating in the market are among the public Empty Re: Central: 85% of the money circulating in the market are among the public

    Post by Lobo Tue 16 Feb 2016, 3:25 pm

    I think when the smart cards are fully activated, that will change as the money will be pulled in and people use them as debit cards - takes time to change the way of doing things.
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    • Post n°4

    Central: 85% of the money circulating in the market are among the public Empty Re: Central: 85% of the money circulating in the market are among the public

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