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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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    Dollar sales of a significant reduction of the Central Bank during the year

    Rocky
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    • Post n°1

    Dollar sales of a significant reduction of the Central Bank during the year Empty Dollar sales of a significant reduction of the Central Bank during the year

    Post by Rocky Wed 10 Aug 2016, 6:47 am

    [size=30]Dollar sales of a significant reduction of the Central Bank during the year[/size]
    10/08/2016 02:03 | Number of Views: 23
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    Direction Press / Baghdad
    According to statistics of the Central Bank of Iraq, the sale of the bank more than $ 18 billion in the auction for the sale of foreign currency since the beginning of this year 2016.
    Statistical indicate According to the website of the bank that "the quantity sold to banks from the date of January 32 016 until Wednesday August 9, 2016, amounted to 18 billion and 728 million and 825 thousand and $ 376."
    These sales recorded a significant decline for the same period last year, reaching from the date of 04/01/2015 until 08/09/2015, (24) billion, and 978 million and 72 thousand and $ 626, a decrease of 6 billion, 249 million and 247 thousand and $ 250.
    And sells CBI, in a weekly auction except public holidays amounts of dollar often exceed $ 100 million, to banks and money transfer companies.
    The official document of the Finance Committee in Parliament revealed that the central bank sold the amount of the US dollar in the past year more than in 2015 and Iraq's imports of foreign currency obtained from the sale of crude oil in the same year.
    The document showed that the country's oil revenues for the year 2015 amounted to $ 38 billion, while sales of the bank in the same year was more than $ 44 billion, a difference of more than five billion dollars, that is what sold Iraq of foreign currency more than its imports from them.
    It is said that he recently noted that the central bank auction sales recorded a decline is the lowest it months ago, where no more than a month barrier of $ 150 million compared with the previous-month period and even after the financial crisis that began with a decline in oil prices in July 2014 were ranging from 225 to 300 million dollars and sometimes more.

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