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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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    Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars

    Rocky
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    Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars Empty Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars

    Post by Rocky Sun 30 Apr 2023, 4:07 am

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    [size=52]Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars[/size]

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    2023-04-29
    The Central Bank of Iraq's total sales of hard currency to dollars decreased during the past week, to 500 million dollars, as a result of the coincidence of Sunday and Monday, the Eid al-Fitr holiday.[/size]
    [size=45]Our correspondent stated that the Central Bank sold during the past week, for the three days in which the auction was opened, the amount of 546 million and 632 thousand and 221 dollars, at a daily rate of 182 million, 210 thousand and 740 dollars, a decrease of 19.41% from what was recorded in the previous week, in which the sales rate reached 226 million. And 88 thousand and 522 dollars.[/size]
    [size=45]Our correspondent added that the highest dollar sales during the past week were on Wednesday, when sales amounted to 187,888,527 dollars, while the lowest sales were on Tuesday, when sales amounted to 171,508,366 dollars.[/size]
    [size=45]He pointed out that sales of foreign remittances amounted to 492,32,222 dollars during the past week, an increase of 88.9% compared to cash sales, which amounted to 54,600,000 dollars.[/size]
    [size=45]He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.[/size]
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