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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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    Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar

    Rocky
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    • Post n°1

    Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar Empty Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar

    Post by Rocky Thu Jun 30, 2016 4:13 am

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    Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar


     Baghdad / Muhannad Jawad 

    Parliamentary Finance Committee revealed, on Wednesday, on the operations of a "new gimmick" to manipulate prices the dollar, and accused the exchange companies and banks acivil stand behind it , and as I came back to government loans "will not achieve" its goal of being will go to " the pockets of the mafia" economic, economist stressed that those loans will reduce the dollar exchange rate because it will stimulate employment and production sectors, saying that the government bond exchange and payments to contractors, will move the domestic market and leads to a state of relative stability. she said a member of the Finance Committee, Majida al - Tamimi, said in an interview to the (long - Presse), " the rate instability dollar exchange rate in Iraq due to the impact of internal and external factors , "pointing out that" monetary policy and the auction of the currency too much impact on the dollar exchange rate. " and praised al - Tamimi," the central bank 'sdecision to impose sanctions on foreign exchange or banks that do not sell the dollar at the official rate companies exact ", revealing" the exchange companies out fraud by selling the dollar more than the official price without being subjected to the death. " she said the MP, that" the owner of the company is selling thedollar , which he got from the auction currency of one of its partners at the official rate on according to official receipts "She said , " partner sold dollars far ahead of the official price set for the citizen without the central bank to be able to hold him accountable because he does not carry an official status. " confirmed Tamimi, that" the dollar 's exchange rate is subject to the processes of fraud and manipulation followed by banking companies and banks participating in the auction sale currency ", surprising than" not to impose sanctions on participants that fraud and manipulation. " I promised the MP for the Liberal Movement, that" many companies and banks , which by a lot of question marks participate in the auction of the currency , "pointing to the fact that" the companies and banks controls auction sell the currency and the dollar exchange rate. "and on the cabinet 's decision to limit the purchase of currency registered with the Ministry of Commerce companies, Tamimi said, he was " good "afterthought" but it is better to cancel the auction of the currency and go to the Sindhi credits. " felt Tamimi, the "currency stability actually mortgaging transform the Iraqi economy into a product which raises the value of the dinar." In response to a question on the impact ofgovernment loans to citizens, industrialists and farmers, the value of the dinar against the dollar, she saw Tamimi, that "much of the corruption taint lending operations , " asserting that " economic mafias are controlled on those loans. " excluded member Knesset Finance, that" the aim of the government loans achieved or that a positive impact on the economy or contribute to the development of the country ", citing it as it" will go into the pockets of mafias and gangs economical. " Meanwhile , the economist said, on behalf ofJamil Antoine, in an interview to the (long - Presse), said that "some banks and companies that participate in the auction of dollar behave behaviors is committed to affecting the exchange rate." said Antoine, "some ofthose companies and banks own methods that enabling them to sell the dollar on the black market away from the central bank and controls censorship, "returned to" stabilize the dollar exchange rate can not be achieved in a short period of being a process linked to the price of oil. " He said economic expert, that" the government bond exchange and payments to contractors, will move the domestic market and leads to a state of relative stability , "stressing that" the granting of government loans will reduce the dollar exchange rate against thedinar because it will activate the various work and production sectors , thus reducing import. " The Council ofMinisters decided on Tuesday (June 28, 2016), restrict the import and export process as the registered with the Ministry of trade companies, and the establishment of companies "solidarity" holds the clearance Alkmarki process, while select the first of next July as the date for implementation. The Central Bank of Iraq, Wednesday (June 22, 2016), not to deal with customers who were struggling permits customs own Bastiradathm requests or who relied fraud, committed with banks and money transfer providing the names ofthose customers for the purpose of uncles to prevent their access to foreign currency in the future. saw therate of buying the US dollar over the past few days, a surge reached 130,000 Iraqi dinars.
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