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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

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Central Bank sales rise 35% to an unprecedented number .. a jump of more than 256 million dollars

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Central Bank sales rise 35% to an unprecedented number .. a jump of more than 256 million dollars Empty Central Bank sales rise 35% to an unprecedented number .. a jump of more than 256 million dollars

Post by rocky Tue 12 Oct 2021, 7:37 am


[size=30]Central Bank sales rise 35% to an unprecedented number .. a jump of more than 256 million dollars


2021-10-12
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Yes Iraq: Baghdad

Sales of the Central Bank of Iraq rose today, Tuesday, in hard currency, to record more than 256 million dollars, a number that may be described as unprecedented.
And the Central Bank witnessed, during its auction for buying and selling US dollars, an increase in its sales by 35.45% to reach 256 million, and 317 thousand and 371 dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, when sales amounted to 189 million and 495 thousand American dollar.
The purchases amounting to 160 million, 817 thousand and 371 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 95 million and 500 thousand dollars went in cash.
And 34 banks met requests to enhance balances abroad, 12 banks to meet cash requests, in addition to the participation of 5 exchange companies, and 96 mediation companies.
It appears that the large increase was caused by internal demand, not by imports, which doubled to more than 95 million dollars at a time when sales of internal orders ranged between 40-50 million dollars.
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