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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


    Central Bank sales decreased.. 85 million dollars in cash

    Rocky
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    • Post n°1

    Central Bank sales decreased.. 85 million dollars in cash Empty Central Bank sales decreased.. 85 million dollars in cash

    Post by Rocky Sun 19 Feb 2023, 5:43 am

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    19-February-2023
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    The Central Bank of Iraq’s sales of foreign currency decreased on Sunday, February 19, 2023, to approximately $148 million.

    Cash sales amounted to $85 million, accounting for approximately 58 percent of all sales
    Confusion is still present in the local stock exchanges and exchange companies, many of which refrain from dealing in dollars, while the exchange rate in some exchanges reached more than 153,000 dinars per 100 dollars, a significant difference from the official rate of 132,000 per 100 dollars.
    During its auction to buy and sell US dollars, the Central Bank witnessed a decrease in its sales of dollars, to reach 147 million, 761 thousand, and 478 dollars, or 31%, or approximately $65 million, compared to last Wednesday’s [You must be registered and logged in to see this link.] .

    Foreign remittances decreased to about $63 million, in the form of requests to boost balances abroad, and amounted to 42% of total sales.

    The Central Bank recorded a decrease in its currency sales in cash, to $85 million, or 58% of total sales.

    And 20 banks met requests to consolidate balances abroad, compared to 15 banks to meet cash requests, with the participation of 198 mediation companies and 26 exchange companies.

    The bank covered the sales at the following prices:

    • The price of selling amounts of documentary credits and international settlements for electronic cards is (1305) dinars per dollar


    • The price of selling remittances abroad is (1310) dinars per dollar


    • The cash selling price is (1310) dinars per dollar




     
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    And the sales of the Central Bank of Iraq [You must be registered and logged in to see this link.] February 15, 2023, to approximately $ 214 million, or 124%, or approximately $ 118 million, compared to  sales  last [You must be registered and logged in to see this link.]
    Foreign transfers rose to about $99 million, while cash sales amounted to more than $114 million.
    The Central Bank did not organize the currency auction on Thursday, due to an official holiday, but [You must be registered and logged in to see this link.] February 16, it sold more (728,785,580) dollars, according to statistics by "Ultra Iraq."


     
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