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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


    Hussein Atwan *: Iraqi dinar exchange between swings in world oil prices and pressure on internation

    Rocky
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    • Post n°1

    Hussein Atwan *: Iraqi dinar exchange between swings in world oil prices and pressure on internation Empty Hussein Atwan *: Iraqi dinar exchange between swings in world oil prices and pressure on internation

    Post by Rocky Sun 18 Dec 2016, 8:10 am

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    BY 
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    - PUBLISHED IN 17/12/2016
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    Extract.
            Understanding the exchange rate policy is a fundamental issue in open economies on the world through exchanges of assets, goods, services and factors of production, so the aim of monetary authorities to pursue policies that will ensure the stability of + their exchange rate to spare their economies sharp fluctuations experienced by the currencies of two of the other. The growing role of the monetary authorities in developing countries that suffer from the openness of their economies dramatically One of the biggest imbalances in the balance of payments , which makes them more vulnerable to international economic fluctuations, and are more vulnerable to foreign crises and problems, which reflected negatively on the degree in which the domestic stability.
         Monetary policy in Iraq has seen after the central bank for independence in 2004 , a major shift, but in light of the financial system lacks the evolution of high bank liquidity are the usual channels for the transmission of the impact of monetary policy to the real sector is effective, and therefore, the main tool available to the Central Bank of Iraq is the price exchange, as adopted last exchange rate installed nominally   nominal anchor monetary policy, as the monetary authority to adopt floating exchange rate system orbit (as declared), but in order to succeed in the application of this system CBI Follow style daily for the sale and purchase of foreign currencies Auctions (dollar) and managed the auction of satisfying the demand for foreign currency during the period ( 2015-2004 ), and became a leader in determining the exchange rate, and thus passed the central bank auction of the vessel in which the granting of monetary policy of the Central Bank of Iraq 's ability to intervene to stabilize the value of the Iraqi dinar , followed by stability in the level General prices and the reduction of inflation, but this was at the expense of stability drain significant amount of foreign reserves, and policy tool only in light of the complete absence of other policies, but (financial, commercial, etc.).
    To continue reading, please download the full paper as a PDF. Click the link below
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