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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Deputy: currency auction sold $ 312 billion, 80% of which turned out

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270326
    Join date : 2012-12-21
    • Post n°1

    Deputy: currency auction sold $ 312 billion, 80% of which turned out Empty Deputy: currency auction sold $ 312 billion, 80% of which turned out

    Post by Rocky Thu 01 Dec 2016, 11:40 am

    [You must be registered and logged in to see this link.]
    The central bank plans to expand the application of electronic trading
    Deputy: currency auction sold $ 312 billion, 80% of which turned out


    Author: MK 
    Editor: BK 
    12.1.2016 17:35 
    Number of Views: 120


    Long-Presse / Baghdad
    A member of the Committee on Economy and Investment in Parliament on Thursday, for the central bank to sell nearly $ 312 billion through the auction for the sale of the currency since its development, while stressing that 80 percent of that amount on the outside of Iraq, counting that monetary policy led by the bank "is solid and cause a big waste "in hard currency entering the country for the sale of oil.
    This came during a press conference held by the Commission, Burhan al-Mamouri, in the Parliament building, with a group of members of the Committee, attended by the (long-Presse).
    Said Mamouri, "The central bank has been unable to achieve the goals that created through which the auction of foreign currency, of providing liquidity to finance government expenditures in Iraqi dinars, despite the lapse of 12 years on its development," noting that "the auction sold since it opened nearly 312 billion dollar. "
    The member of the Committee, "available to the Commission figures show that eighty percent of foreign currency transferred to outside Iraq," he returned that "it means that the majority of shareholders, or as they call them Bzbain central bank of banks and companies are seeking hard currency at a price below the prevailing market and out of the country in exchange for commercial papers and documents, most of which are not true. "
    And saw Maamari, that "monetary policy led by the central bank is solid and cause a big waste in hard currency entering the country for the sale of oil."
    The parliamentary Finance Committee revealed in (the 29th of June 2016), all operations "new gimmick" to manipulate prices the dollar, and accused the exchange companies and banks eligibility to stand behind them, while promised that the 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.
    The National Coalition, led by Iyad Allawi, said in (22 August 2016), the dollar exchange rate in the domestic market management is a "window of thieves and corrupt", returned to the currency auction place "for wasting money and leaking Iraqi balance across the mafias money laundering", while expressed concern insist on continuing to auction currency policy despite the warnings and recommendations of experts, called for the inclusion of the Central Bank's management reforms approved by the House of Representatives.




    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 18 May 2024, 6:45 am