ALAQ: THE RISE IN THE EXCHANGE RATE “MY TIME” AND THE PROJECT TO DELETE ZEROS STILL EXISTS
July 26, 2023
Economy News – Baghdad
The governor of the Central Bank, Ali Al-Alaq, considered, on Wednesday, that the rise in the exchange rate of the dollar in the market was temporary, and while he indicated that there was no indication or indication from the American side to include new banks within the sanctions, he confirmed that the project to delete zeros from the currency still exists.
Al-Alaq said, in an interview with the official news agency, that “the central bank continues to provide the dollar at the official rate and cover all legitimate transactions to request purchases from remittances and credits for various imports,” adding that “what is being talked about in terms of a rise in the exchange rate does not mean that there is a rise in the official price that It is still the same, but the rise in the cash price circulating in the market is caused by the reluctance of some merchants to enter the electronic platform, which is the official channel for sale required by the new system.
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No, the RV did not yet happen. Hey…. Mr. intel guru idiot, there are no banks paying out enormous rates for the dinar. How stupid and irresponsible to even say this to your listeners. We are all still in the waiting game as we watch Iraq implement the needed reforms to support what they need to accomplish. Yes, it is slow, but we can help ourselves too by stop listening to all these idiots out there making money off of their lies and hype. This is what causes you to have false expectations and then later give up on this investment. Just relax! Again, I will tell you I know the plan and many of these so-called intel gurus should also know the plan, but they don’t care or are too stupid to read it and follow it. It is really that simple to follow what Iraq is doing. But you must have patience and remember the previous news and then tie it all together to see the big picture. I am trying to do that for you. I hope I am helping.
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