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Showing results for tags 'auction for buying and selling us dollars'.
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The Central Bank of Iraq's dollar sales for foreign remittances rise by 88% 2022-04-03 07:31 Shafaq News/ The Central Bank of Iraq's sales of dollars for foreign remittances increased by more than 88%, on Sunday, in the currency auction at the expense of cash sales. Shafak News Agency reporter stated that the Central Bank's sales today, during its auction for buying and selling US dollars, amounted to 187 million and 148 thousand and 418 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar. Our correspondent added that more than 88% of these sales went to enhance balances abroad in the form of remittances and credits, which amounted to 167 million and 498 thousand and 418 dollars, compared to cash sales, which amounted to 19 million and 650 thousand dollars. He pointed out that 27 banks responded to requests to enhance balances abroad, while 13 banks participated to meet cash requests, in addition to 128 mediation companies. -
The central bank's dollar sales are rising again and approaching $200 million 2022-03-08 05:32 Shafaq News/ The central bank's dollar sales rose again today, Tuesday, to nearly $200 million. Shafak News Agency correspondent stated, "The Central Bank witnessed today, during its auction for buying and selling the US dollar, an increase in its dollar sales by 80.73 percent, to reach 197 million and 727 thousand and 321 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday. Monday, which amounted to sales of 109 million and 987 thousand dollars. Our correspondent added that most of the sales were in the form of foreign remittances, which amounted to 117 million and 567 thousand and 321 dollars, while the remaining amount of 80 million and 160 thousand dollars went in cash. Our correspondent indicated that 25 banks have responded to requests to enhance balances abroad, and 21 banks have responded to cash requests, in addition to 321 mediating companies.
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A statement by the Central Bank regarding the dollar exchange rate: daily sales were not affected 05:59 Fourth - Baghdad Today, Monday, the Deputy Governor of the Central Bank, Ammar Hamad Khalaf, confirmed that the change in the exchange rate does not affect the daily sales of the dollar, while noting that the daily currency auction reaches 200 million dollars. Khalaf said in a statement to the official agency, which was followed by (the fourth), that "the daily currency selling outlets and the exchange rate change did not affect the daily sales, and the main reason is that the Iraqi economy, by its nature, is a rentier economy, unilateral, and dependent on imports." He added, "All imported goods and services that enter Iraq need foreign currency, for the purpose of importing goods, so the volume of sales of the Central Bank on this basis depends on the volume of imports entering Iraq." He pointed out, "Iraq's economy is open due to weak local production, and this is the main reason that kept the currency window conservative, to some extent, on sales, to meet the real import that enters Iraq," noting that "the daily currency auction amounts to approximately $200 million." .
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Within one month, the Central Bank of Iraq's sales exceed $4 billion 2022-01-03 02:55 Shafaq News/ The Central Bank of Iraq's sales of hard currency during the month of December amounted to more than 4 billion dollars. Shafak News Agency correspondent stated that the Central Bank sold during the month of December 4 billion and 114 million and 079 thousand dollars, at a rate of 195 million and 909 thousand and 396 dollars per day, an increase from last November, in which the sales rate amounted to 167 million and 397 thousand and 128 dollars. . Our correspondent indicated that most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.
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The Central Bank of Iraq's foreign remittances approach $160 million 2021-12-12 07:35 Shafaq News/ Foreign remittances rose in the Central Bank's sales on Sunday, approaching $160 million. Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase in foreign remittances after its sales in general increased by 19.02% to reach 194 million, and 658 thousand US dollars were covered by the bank at a base exchange rate of 1460 dinars per dollar. , compared to last Thursday, which sales amounted to 136 million 501 thousand and 100 US dollars. Our correspondent indicated that most of the bank's sales went to enhance balances abroad in the form of remittances and credits, which amounted to 159 million and 238 thousand dollars, while the remaining amount of 35 million and 420 thousand dollars went in cash. Our correspondent indicated that 26 banks have met requests to enhance balances abroad, 14 banks to meet cash requests, in addition to 201 mediation companies.
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More than 3 billion dollars in sales of the Central Bank of Iraq last October 2021-11-01 03:47 Shafaq News/ The Central Bank of Iraq's sales of hard currency during the month of October amounted to more than three billion dollars. Shafak News Agency reporter stated; The Central Bank sold 3 billion and 147 million and 279 thousand dollars during the month of October, in the days when it opened its auction for buying and selling US dollars, at a rate of 174 million and 848 thousand and 861 dollars per day, lower than last August, in which the average sales amounted to 211 million And 852 thousand and 394 dollars. Our correspondent indicated that most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.
