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.

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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


2 posters

    Central: We are responsible for the financial and currency auction unprepared for the exercise of th

    Rocky
    Rocky
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    Posts : 280892
    Join date : 2012-12-21

    Central: We are responsible for the financial and currency auction unprepared for the exercise of th Empty Central: We are responsible for the financial and currency auction unprepared for the exercise of th

    Post by Rocky Tue 16 Feb 2016, 6:59 am

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    Tuesday February 16, 2016 10:05
     
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    Alsumaria News / Baghdad 
    The Central Bank of Iraq, on Tuesday, he was in charge of holding the currency auction, between the Ministry of Finance is ready to exercise that role. 

    The governor of the bank on the Keywords in an interview with Alsumaria's News, "The central bank is responsible for conducting the auction currency under the law, which he considers responsible for the stability of the exchange rate," noting that "it is theoretically possible that the Ministry of Finance to conduct an auction currency but It is practically possible. "

     

    He Keywords that "the Ministry of Finance is not interested in achieving the goals of monetary policy Castaqrar exchange, but is interested in obtaining as much as possible from the dinar from the sale of dollars without paying attention to the overall stability of prices or the exchange rate stability," explaining that "this process by type of risk can not the Ministry of Finance to bear. " 

    He continued, "The Ministry of Finance has historically not accustomed to exercise such a process so that the balance between sales of the dollar and the stabilization of the exchange rate," stressing that "the central bank has the mechanisms and tools and his outlook and the rules of his work and his ability to take control of this process." 

    And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

     


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    Rocky
    Rocky
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    Join date : 2012-12-21

    Central: We are responsible for the financial and currency auction unprepared for the exercise of th Empty Central Bank confirms responsibility for auction currency and lack of readiness of the Ministry of F

    Post by Rocky Tue 16 Feb 2016, 7:00 am

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    He wrote: February 16, 2016
    [size=18][You must be registered and logged in to see this image.]
    The Central Bank of Iraq, on Tuesday, he was in charge of holding the currency auction, between the Ministry of Finance is ready to exercise that role.
    The governor of the bank on the Keywords in a press statement that "the central bank is responsible for conducting the auction currency under the law, which he considers responsible for the stability of the exchange rate," noting that "it is theoretically possible that the Ministry of Finance to conduct an auction currency, but in practical terms is Maybe".
    He Keywords that "the Ministry of Finance is not interested in achieving the goals of monetary policy Castaqrar exchange, but is interested in obtaining as much as possible from the dinar from the sale of dollars without paying attention to the overall stability of prices or the exchange rate stability," explaining that "this process by type of risk can not the Ministry of Finance to bear. "
    He continued, "The Ministry of Finance has historically not accustomed to exercise such a process so that the balance between sales of the dollar and the stabilization of the exchange rate," stressing that "the central bank has the mechanisms and tools and his outlook and the rules of his work and his ability to take control of this process."[/size]


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    Neno
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    Location : Lone Star State

    Central: We are responsible for the financial and currency auction unprepared for the exercise of th Empty Re: Central: We are responsible for the financial and currency auction unprepared for the exercise of th

    Post by Neno Tue 16 Feb 2016, 3:08 pm

    Sounds like an argument over the issue.

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    Central: We are responsible for the financial and currency auction unprepared for the exercise of th Empty Re: Central: We are responsible for the financial and currency auction unprepared for the exercise of th

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      Current date/time is Sat 16 Nov 2024, 2:47 pm