6ly410 Posted October 12, 2022 Report Share Posted October 12, 2022 The central bank resolves the controversy over changing the dollar exchange rate https://economy-news.net/content.php?id=30186 banks Economy News - Baghdad The Central Bank of Iraq denied, on Wednesday, the existence of efforts to change the exchange rate of the dollar, while warning against the process of destroying the economy and its stability. Central Bank Adviser Ihsan Shamran al-Yasiri said, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are now no efforts to change it," according to the official news agency. Al-Yasiri added, "The pressures exerted to change the exchange rate are populist, and if the change takes place, it will destroy the economy and stability, because financial and economic transactions and investors built their projects on the new price, and it is incorrect to seek to change the exchange rate." He added, "Changing the exchange rate raised the competitiveness of the local product, and although there are some disadvantages to the consumer, the change process enabled the government to pay the employees' salaries after the state budget was empty." 635 . views Added 10/12/2022 - 6:32 PM Update 10/13-2022 - 3:07 PM 6 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted October 12, 2022 Author Report Share Posted October 12, 2022 The Central Bank clarifies the fact of changing the exchange rate News Source /Mawazine News Central Bank Explains the Reality of Exchange Rate Change - Iraq News (iraqakhbar-com.translate.goog) Economy of | 06:19 - 10/12/2022 Baghdad - Mawazine News The Central Bank of Iraq denied on Wednesday the existence of efforts to change the exchange rate of the dollar, while warning of the process of destroying the economy and its stability. Central Bank adviser Ihsan Shamran al-Yasiri told the official news agency that "the Central Bank of Iraq is an independent body and the adjustment of the exchange rate is in agreement with the government and there are no efforts now to change it." He added, "The pressure exerted to change the exchange rate is populist, and if the change is made it will destroy the economy and stability, because financial and economic transactions and investors have built their projects on the new price, and it is correct to seek to change the exchange rate." Al-Yasiri added that "the change in the exchange rate raised the competitiveness of the local product and although there are some harms to the consumer, the process of change enabled the government to pay the salaries of employees after the state budget was empty." Ended 77/29 7 Quote Link to comment Share on other sites More sharing options...
Popular Post Laid Back Posted October 12, 2022 Popular Post Report Share Posted October 12, 2022 It is interesting that the CBI has to put out a news article to settle the controversy over the exchange rate. Where there's smoke there's fire. Some day they will have to do it.... We wait. 3 1 7 9 Quote Link to comment Share on other sites More sharing options...
jake21 Posted October 12, 2022 Report Share Posted October 12, 2022 Don't hold your breath. 1 3 1 Quote Link to comment Share on other sites More sharing options...
southbeach Posted October 12, 2022 Report Share Posted October 12, 2022 So sick of lying government employees. They will do it because they will be told to do it - for a number of reasons. 1 2 Quote Link to comment Share on other sites More sharing options...
RV4CandyMan Posted October 13, 2022 Report Share Posted October 13, 2022 I've been at this for 12 years now. I'm gonna be dead before anything happens. Well, I hope not. 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted October 13, 2022 Report Share Posted October 13, 2022 I want it to happen before the global economy shoots back to normal 1 1 2 Quote Link to comment Share on other sites More sharing options...
Smokey Mtn. Dinar Posted October 13, 2022 Report Share Posted October 13, 2022 (edited) Makes me think of what we have always been reminded of for all these years. Kuwait kept saying no change, then all of sudden BOOM. They changed their exchange rate. I don't believe what they say. I believe what we see them do! The folks in the middle east are well trained liars. Edited October 13, 2022 by Smokey Mtn. Dinar 4 4 7 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted October 13, 2022 Report Share Posted October 13, 2022 What better way to shake more Dinar from under the mattresses than by putting out negative news. JMO ... 1 1 6 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 5 hours ago, Laid Back said: It is interesting that the CBI has to put out a news article to settle the controversy over the exchange rate. Where there's smoke there's fire. Some day they will have to do it.... We wait. agree but no mention of deleting the zeroes.....leave the rate where it is just delete three zeros! LOL 2 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 2 hours ago, Officiallytook said: I want it to happen before the global economy shoots back to normal I honestly believe when the world resets back to gold standard 1 2 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 any day now 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted October 13, 2022 Report Share Posted October 13, 2022 18 minutes ago, screwball said: I honestly believe when the world resets back to gold standard Lmfao ohhmaaan I can't, so little would never do so much for awhile, stocks crypto hidden gems 3x 10x 20x lol I mean let's go iraq 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 10 hours ago, Smokey Mtn. Dinar said: Makes me think of what we have always been reminded of for all these years. Kuwait kept saying no change, then all of sudden BOOM. They changed their exchange rate. I don't believe what they say. I believe what we see them do! The folks in the middle east are well trained liars. 100% and we have been conditioned to believe fake news and propaganda! 4 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted October 13, 2022 Report Share Posted October 13, 2022 (edited) 8 hours ago, screwball said: I honestly believe when the world resets back to gold standard 7 hours ago, Officiallytook said: Lmfao ohhmaaan I can't, so little would never do so much for awhile, stocks crypto hidden gems 3x 10x 20x lol I mean let's go iraq October 7th 2022 H.R. 9157 117th Congress "To define the dollar as a fixed rate of gold" Edited October 13, 2022 by Longtimelurker 1 3 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 10 hours ago, Officiallytook said: I want it to happen before the global economy shoots back to normal This will take a few years I hope 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 1 minute ago, Longtimelurker said: October 7th 2022 H.R. 9157 "To define the dollar as a fixed rate of gold" Where did this quote came from? Please refresh my memory 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted October 13, 2022 Report Share Posted October 13, 2022 Just now, screwball said: Where did this quote came from? Please refresh my memory Look up the bill h.r.9157 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 13, 2022 Report Share Posted October 13, 2022 11 minutes ago, Longtimelurker said: Look up the bill h.r.9157 I did hear the cabal were going to try and push their own version of a gold backed digital which would not be accepted by exporting countries…we will see if this goes anywhere! Interesting timing… 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted October 13, 2022 Report Share Posted October 13, 2022 10 minutes ago, screwball said: I did hear the cabal were going to try and push their own version of a gold backed digital which would not be accepted by exporting countries…we will see if this goes anywhere! Interesting timing… The Cabal took us off the gold standard to steal from us (through inflation) and control us. Doesn't make sense for them to put us back on but who knows.. 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted October 13, 2022 Report Share Posted October 13, 2022 THE REAL MOVE TO CHANGE THE EXCHANGE RATE.. THE CENTRAL BANK IS TALKING 23 hours ago53 Today, Wednesday, the Central Bank of Iraq denied the existence of efforts to change the exchange rate of the dollar, while warning against the process of destroying the economy and its stability. Central Bank Adviser Ihsan Shamran al-Yasiri told the official agency and followed by the news agency, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are no efforts now to change it." Al-Yasiri added, "The pressures exerted to change the exchange rate are populist, and if the change takes place, it will destroy the economy and stability, because financial and economic transactions and investors built their projects on the new price, and it is incorrect to seek to change the exchange rate." He added, "Changing the exchange rate raised the competitiveness of the local product, and although there are some disadvantages to the consumer, the change process enabled the government to pay the employees' salaries after the state budget was empty." The Central Bank of Iraq had announced, earlier, that there was no intention to change the dollar exchange rate. 1 3 Quote Link to comment Share on other sites More sharing options...
Today, Wednesday, the Central Bank of Iraq denied the existence of efforts to change the exchange rate of the dollar, while warning against the process of destroying the economy and its stability. Central Bank Adviser Ihsan Shamran al-Yasiri told the official agency and followed by the news agency, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are no efforts now to change it." Al-Yasiri added, "The pressures exerted to change the exchange rate are populist, and if the change takes place, it will destroy the economy and stability, because financial and economic transactions and investors built their projects on the new price, and it is incorrect to seek to change the exchange rate." He added, "Changing the exchange rate raised the competitiveness of the local product, and although there are some disadvantages to the consumer, the change process enabled the government to pay the employees' salaries after the state budget was empty." The Central Bank of Iraq had announced, earlier, that there was no intention to change the dollar exchange rate.
Popular Post yota691 Posted October 13, 2022 Popular Post Report Share Posted October 13, 2022 I was talking to someone on the phone a couple days ago, And they stated Back in the day (decades ago) when Mr. Potato Head was appointed and took charge, the plan was the rate should have have came out @ $1.46. I then stated well the exchange rate sits @ 1460..I then stated that sliding that decimal over three spots give you the $1.46....My statement are my belief, I also feel, it was going to be a neutral event, then why haven't they implemented neutral event... 4 1 8 5 Quote Link to comment Share on other sites More sharing options...
Dretown39 Posted October 13, 2022 Report Share Posted October 13, 2022 1 hour ago, yota691 said: I was talking to someone on the phone a couple days ago, And they stated Back in the day (decades ago) when Mr. Potato Head was appointed and took charge, the plan was the rate should have have came out @ $1.46. I then stated well the exchange rate sits @ 1460..I then stated that sliding that decimal over three spots give you the $1.46....My statement are my belief, I also feel, it was going to be a neutral event, then why haven't they implemented neutral event... Yeah exactly!! What are they waiting on!..smh 1 1 3 Quote Link to comment Share on other sites More sharing options...
Hotcurl Posted October 13, 2022 Report Share Posted October 13, 2022 $1.46 works for me ....................... Definitely it would put some "giddy up" in my step ............... Just sayin' .............. Semper Fi 1 5 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted October 13, 2022 Report Share Posted October 13, 2022 2 hours ago, Hotcurl said: $1.46 works for me ....................... Definitely it would put some "giddy up" in my step ............... Just sayin' .............. Semper Fi Me too!! 1 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.