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Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar


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1 minute ago, Mary B said:
Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar

:bump:Increase the value of the dinar? :rake:Ha ha ha ha no more talk talk  and talk. Just prove it , would you.

No evidence=:bs::cisole:

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Parliamentary Finance is discussing with the Governor of the Central Bank a number of important files

 

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Today, Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market.

The House of Representatives Media Department stated in a statement, “The Finance Committee met under the chairmanship of Atwan Al-Atwani, in the presence of its members, with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.”

At the beginning of the hosting, which was held at the committee’s headquarters, the Chairman of the Committee stressed “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”

The Finance Committee expressed its "aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar and control the market in order to alleviate the burdens of citizens and address the deficit." 

For his part, the Governor of the Central Bank reviewed “the economic and monetary aspect, pointing out” the establishment of basic rules in order to monitor the remittance process and analyze monetary operations, praising “the role played by the Finance Committee in following up on the country’s financial and economic movement.”

The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law.

 

https://kirkuktv.net/AR/Details/20007

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Parliamentary Finance Committee: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market

1112920-7c460a40-ac9b-4642-8a66-a3b883bd
Laghdad / NINA / The Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market.

She told the House of Representatives Media Department in a statement that, “The Finance Committee met under the chairmanship of Atwan Al-Atwani, in the presence of its members, with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.”

At the beginning of the hosting, which was held at the committee’s headquarters, the Chairman of the Committee stressed “the importance of following up on the economic file and monetary policy, based on the supervisory side, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”

The Finance Committee expressed its "aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar and control the market in order to alleviate the burdens of citizens and address the deficit."

For his part, the Governor of the Central Bank reviewed, according to the statement, "the economic and monetary aspect, pointing out" the establishment of basic rules in order to monitor the remittance process and analyze monetary operations, praising "the role played by the Finance Committee in following up the country's financial and economic movement."

The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law./End 5
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Parliamentary Finance begins the session hosting the Central Bank Governor

1112902-a8337277-b55d-4efc-9001-ae2daa58
Baghdad / NINA / Today, Thursday, the Parliamentary Finance Committee held a special session to host the Governor of the Central Bank of Iraq, Ali Al-Alaq, and officials of the bank’s Board of Directors, to discuss the files of financing the Central Bank’s sales of currency in the local market, the procedures of the electronic platform for selling the dollar, and oversight of private banks and bonds. Government and follow-up procedures for electronic payment cards./End 5
 
1112902-08849133-6b3e-4665-b0cc-2285031e
 
1112902-ceec86a8-4568-4020-8fbe-8c412ca5db2a.jpeg&w=570&h=253&t=absolute
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thanks & right on mary , this is how i have seen parliament in concert with the cbi working together they might have always done it this way idk , first time i read this process about a year ago ... letsroll

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Posted (edited)

The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. 

 

https://www.jpost.com/middle-east/article-791161

 

is that .76 cents

Edited by Mary B
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21 minutes ago, Mary B said:

small man trying to get attention

Who are you talking about? I amn't trying to get attention from everybody. I just hate it when Iraqi politicians just keep talking talking and talking only without actions at all. And I never blame you to bring the article over here either. I believe it when I see it.

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After hosting the Governor... Parliamentary Finance: We look forward to raising the value of the dinar

March 14, 2024
1-26-780x429.png

Baghdad/Iraq Observer

Today, Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market.

A statement stated, “The Finance Committee met under the chairmanship of Atwan Al-Atwani, in the presence of its members, with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.”

At the beginning of the hosting, which was held at the committee’s headquarters, the Chairman of the Committee stressed “the importance of following up on the economic file and monetary policy, based on the supervisory side, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”

The Finance Committee expressed “its aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar, and to control the market in order to alleviate the burdens of citizens, and address the deficit.”

For his part, the Governor of the Central Bank reviewed “the economic and monetary aspect, pointing out” the establishment of basic rules in order to monitor the remittance process and analyze monetary operations, praising “the role played by the Finance Committee in following up on the country’s financial and economic movement.”

The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law.

https://observeriraq.net/بعد-استضافتها-المحافظ-المالية-النياب/

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30 minutes ago, RJG said:

yes Mary, 1/1350=.000758 which after the delete zeros is .76 cents per dinar

oops, that should be 1/1320, not 1350. Sorry all. =.000758 which after delete the zeros is .76 cents per dinar.

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5 minutes ago, Longtimelurker said:

 1320.0 to 1.3200 is from removing 3 zeros. I believe the revaluation will come after the deletion of the 3 zeros and will bring the rate higher than 76 cents.

This is correct, but don't forget to convert it to dollar value.  For every 1 dollar, you will be able to buy 1.32 dinars,  or .76 cents worth.  I hope it goes higher too. ☺️

Edited by RJG
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