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


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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


    Economic: low dinar exchange rate against the dollar due to the failed policy of Central Bank [audio

    Hkp1
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Economic: low dinar exchange rate against the dollar due to the failed policy of Central Bank [audio Empty Economic: low dinar exchange rate against the dollar due to the failed policy of Central Bank [audio

    Post by Hkp1 Sun 02 Jun 2013, 4:14 pm

    Economic: low dinar exchange rate against the dollar due to the failed policy of Central Bank [audio]



    Sunday, 02 June 2013 06: 23


    The
    parliamentary Economic Committee, attributed the continuing decline of
    the dinar against the dollar, Central Bank policy "failed".

    The
    Central Bank has promised to take action to lift and stabilize the Iraqi
    dinar price as before but the lower-than-value and the dinar is still
    going on.

    He said the decision of the Commission to each agency
    mehma Khalil Iraq [in] the continued decline of the dinar is the result
    of political failure of the Central Bank and keep the supply and demand
    due to the recent changes to the policy on the management of Bank plus
    prolonged Government extended the powers of independent bodies,
    including the Central Bank. "

    "The Central Bank today takes more
    directives and decisions of the Government which is committed to the
    legislative side, although the Constitution provides that the Bank is
    linked to the" House of representatives ".

    He said "the Iraqi
    environment and as a result became the current conditions environment
    anthelmintics foreign currency and is not attractive and citizen as a
    result of the lack of customs tariffs and the absence of legislative
    regulations, goods enter the Iraqi market from different origins as a
    result of the lack of customs tariff code and that a number of factors
    led to the decline of the dinar.

    Observers and analysts believe
    that the growing popularity of economists buy the dollar has led to a
    significant decline in the dinar and attributed it to smuggle most of
    the Central Bank daily of dollars abroad.

    With the Iraqi Central
    Bank announced shortly before the new measures limiting the availability
    of American currency markets that conveys to them, amid suspicions that
    suggest large amounts of smuggling hard currency to Iraq for
    neighbouring countries.

    The Iraqi Central Bank, new instructions
    to stabilize the exchange rate of the Iraqi dinar against foreign
    currencies select weekly quotas are banks and money transfer companies
    and dollar currency trading companies valued in accordance with their
    respective capital, will increase and reduce the quota for each delivery
    commitment amounts that customers of citizens.

    And the Central
    Bank to put the dollar at an auction for the sale of foreign currency at
    subsidized prices and the real exchange rate lower in the market to
    support the dinar.

    Observers fear the Central Bank shut down such auctions and then doubled the value of the dollar against the Iraqi dinar ".

    The
    Central Bank is facing charges for its staff in conjunction with State
    officials in corruption and smuggling currency and the Bank is subject
    to investigations against former County Sinan Al-Shabibi, who left Iraq
    for several months and longer for fear of arrest under the warrant.

    And
    complain about the staff and retirees who receive their salaries in
    Iraqi dinars from high prices and salaries are no longer sufficient to
    meet their needs and that the rise in price included real estate and
    rentals add to transportation, food and clothes ended up 2.

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