Home
About 100% increase in foreign remittance sales at the Central Bank of Iraq auction
[You must be registered and logged in to see this image.]
2024-08-29 06:56
Share
font
[You must be registered and logged in to see this image.]
2024-08-29 06:56
Share
font
Shafaq News/ Foreign remittance sales increased in the Central Bank auction on Thursday by 98% over cash sales to reach more than $270 million.
Shafaq News Agency correspondent reported that the bank sold 274 million, 957 thousand, and 492 dollars in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.
He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $270 million, 407 thousand and 492, an increase of 98% over cash sales amounting to $4 million, 550 thousand.
Our correspondent pointed out that the number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 11 companies.
[You must be registered and logged in to see this link.]
Shafaq News Agency correspondent reported that the bank sold 274 million, 957 thousand, and 492 dollars in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.
He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $270 million, 407 thousand and 492, an increase of 98% over cash sales amounting to $4 million, 550 thousand.
Our correspondent pointed out that the number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 11 companies.
[You must be registered and logged in to see this link.]
» “Money for survival”: Al-Saihoud: Al-Sudani prevented the economics of the parties, so they turned a
» Iraqi banks are in crisis: structural imbalance, double taxation and deep corruption
» Al-Sudani's Advisor: Iraq is witnessing an economic transformation and a big leap with the spread of
» Iraq buys nearly 52 tons of gold in three years
» Arab Monetary Fund: Digital transformation is a key factor in reshaping the banking sector
» Iraq's closest allies: Americans will remain in the Kurdistan Region and Baghdad will not change the
» First cybersecurity platform reveals government interest in protecting data of individuals and insti
» Al-Sudani: The government was subjected to attempts to “distort and obstruct” its work
» Al-Sudani's advisor: The government's internal debt decreased by two trillion dinars
» MP: Personal Status Law Amendments are More Fair than Current Law
» Sudanese advisor: A joint announcement on the schedule for the withdrawal of US forces will be issue
» Due to manipulation and forgery... 25 thousand transactions for those affected by terrorist operatio
» Call for the Bar Association to cleanse its legal body of lawyers who abuse it
» Major General Rasool: Iraq's borders are fully secured
» Central Bank: Electronic payment systems have contributed to enhancing Iraq’s compliance with anti-m
» Al-Sudani's Advisor: Iraq is witnessing an economic transformation and a big leap with the spread of
» Al-Alaq: 70 digital banks have applied to the Central Bank for a license
» Al-Hanthal: We seek to reach a 60% financial inclusion rate by 2025
» Al-Sudani's advisor explains: What is the impact of applying e-governance on corruption in Iraq?
» Baghdad to host tomorrow the conference "Electronic Payment towards Financial Stability in Iraq"
» With high-level government and parliamentary attendance... Launch of the "Electronic Payment towards
» List of gold and dollar prices in local markets in Iraq
» After returning to Iran, Pezeshkian: We signed strategic plans with Iraq in travel and trade
» The budget is exposed to 3 strong shocks.. A representative reveals the extent of its impact on liqu
» Corruption is disrupting the “beating heart of democracy” in Iraq
» Al-Sudani calls on clerics to support the government in the responsibility of managing the general a
» Washington Post: America plans to keep troops in Kurdistan to protect the region from "factions"
» Economist reveals reasons for OPEC quotas' decreased effectiveness in controlling prices
» Al-Rasheed: Selling dollars to travelers exclusively through our branches
» What happened in Bezeshkian's meeting with the leaders of the Coordination Framework in Baghdad?
» He confirmed the existence of extensive discussions to address the financial deficit.. Al-Sudani’s a
» He confirmed the existence of extensive discussions to address the financial deficit.. Al-Sudani’s a
» He confirmed the existence of extensive discussions to address the financial deficit.. Al-Sudani’s a
» Will Pezeshkian's visit to Kurdistan pave the way for a new phase in Tehran-Erbil relations?
» Parliamentarian reveals the extent of the budget’s impact on liquidity and state obligations: It is
» Right to Information Law Stirs Controversy Again, Journalists Confront It
» The House of Representatives decides to resume its sessions next Monday
» OPEC Secretary General: Iraq has contributed to providing prominent and multiple contributions to th
» Central Bank Governor Ali Al-Alaq: 70 digital banks have submitted a license application to the Cent
» The Central Bank of Iraq announces the volume of Iraqi funds circulating in international digital ba
» In Alsumaria Newsletter: The Parliament’s Stalled Laws, the Basra Fire, and the Bankruptcy of the Po
» Oil rents and lack of economic diversification.. What is their relationship to the “13 million missi
» CONFIRMS Debate Earrings Were Earpieces—Caught RED-HANDED!
» MM&C 9/12/24 Economic renaissance and unprecedented progress.. Iraq maximizes its non-oil revenues a
» Rafidain explains the benefits of electronic payment
» International Coalition.. Withdrawal by Government-Political Agreement
» Russia: $19 billion is the size of our investments in the energy sector in Iraq
» When will the government resort to amending the budget law? An economic expert explains
» After the decline in oil, a government advisor: We have the capabilities to confront the problems of
» Salaries are “sacred” but the price will be high… Is Iraq ready?
» The “Access to Information” Act classifies documents as secret and undermines access to them.
» Movement leader talks about US military movements inside Iraq
» Legal expert clarifies charges related to audio recordings of officials
» Coinciding with Pezeshkian's visit... indicators of Iranian exports to Iraq
» Al-Hakim calls on Parliament to vote on the Programmers Syndicate Law
» Nineveh Council: The province is free of tribal "debts" and 80% of disputes end without problems
» US Embassy in Baghdad Holds Iran-Backed Groups Responsible for Tuesday's Attack
» Central Bank denies forged letter regarding dollar sale
» After Al-Sudani’s statement... What is the importance of moving towards “privatizing” government com
» Confirmed the existence of 3 partnerships with Baghdad in energy.. Turkey: We have great potential f
» The Iraqi Integrity Commission and the Jordanian Anti-Corruption Commission discuss the mechanisms f
» A new front in the conflict with parliament.. organizations and journalists confront a law related t
» Political stalemate deepens crises.. Delaying the selection of the Speaker of the House of Represent
» Iraq receives 13 offers from Egyptian companies to implement road and bridge projects
» Shatt al-Arab pollution crisis: an existential threat to food sources and ecosystems
» With Pezeshkian's visit, Tehran aims to increase trade exchange to 50 billion with Baghdad
» Minister of Health approves the distribution of trainee doctors, graduates of 2020-2021
» Interrogation is almost suspended in the Iraqi parliament.. What are the reasons for the absence of
» Iraq 'concerned' about climate change threats to historical monuments
» International ruling against the Central Bank obliges Iraq to pay $11 million
» Alsumaria headlines: Central Bank fine and judicial investigations into integrity leaks
» Of a different kind.. A new espionage campaign in Iraq
» The second in two decades.. Iraq is "empty" of Americans again and Baghdad "will request their retur
» Details of a lengthy meeting in Iraq revealed, from which Pezeshkian left "frustrated"
» US dismay at Pezeshkian’s choice of Iraq as his “first stop”…and domestic political support for with
» Amendments to laws concerning state employees
» What does Iranian President Masoud Pezeshkian's visit to Kurdistan mean?
» In numbers.. Indicators of the development of Iranian exports to Iraq
» Washington identifies group accused of bombing diplomatic facility near Baghdad airport
» utube 9/10/24 MM&C IQD Update-Iraq Dinar-#iraqidinar-#xrpIraq Reconciling-Unif
» Parliamentary request to host Al-Sudani amid threats to the Federal Court
» Al-Sudani stresses the importance of partnership with the private sector to meet market needs
» Iraq, Saudi Arabia discuss joint legal files
» Al-Maliki: Combined efforts of political forces prevents the collapse of Iraq
» Parliamentary bloc disputes: Vital laws await and divisions grow
» Türkiye: Exporting Iraqi oil via Ceyhan is an alternative and an opportunity to diversify transporta
» Economist rules out any move to amend salary scale
» Al-Surji: 3 reasons behind the weakness of the Iraqi position towards the Turkish incursion
» Minister of Planning: There are no political obstacles preventing the population census
» Al-Sudani sponsors the signing of 3 contracts for industrial projects
» 19 MoUs Signed on First Day of Belt and Road Summit
» Issuance of more than 191 thousand national cards for those covered by social protection
» Housing Fund: We will issue 16,000 transactions of bonds by this date
» Parliamentary Services calls for investing in open lands and turning them into parks: Citizens need
» Iranian Minister of Roads: We will hold consultations with Iraq regarding strategic railway link
» Pezeshkian discusses with Iranian traders obstacles to developing trade with Iraq
» Banking Association Advisor: International Payments and Banking Technologies Conference a Platform t
» Parliamentary Committee Rejects “Free” Oil Export via Aqaba Port