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Showing results for tags 'sale and purchase of foreign currencies'.
Found 5 results
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Renewal of the license of the Iraq Electronic Gateway Company for Financial Services February 01, 2022
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Controls regulating the work of exchange companies and mediation companies in the sale and purchase of foreign currencies July 28, 2021 » To view the controls regulating the work of exchange companies of all categories ( A , B ) and mediation companies in the sale and purchase of all foreign currencies... Click here
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The Central Bank sells $ 68 million and records a decline of more than 10% in today's auction 2020-12-27 04:49 Shafaq News / The Central Bank of Iraq announced, on Sunday, the sale of more than $ 68 million, with the participation of 19 banks and five brokerage firms. Shafaq News Agency correspondent stated; That the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales by 10.5% to reach 68 million and 605 thousand dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to last Thursday, when sales reached 76 million and 600 thousand dollars. Our correspondent added that the demand for foreign currency was distributed by 67 million and 905 thousand dollars to strengthen the assets abroad in the form of transfers and appropriations, while the rest, amounting to 700 thousand dollars, was distributed in the form of cash sale that was fully covered by the bank at an exchange rate of 1460 dinars per one dollar. He pointed out that the 19 banks and 5 companies to mediate in the currency auction did not make any offers to sell the dollar. On Saturday (19 December 2020), the Central Bank of Iraq officially announced the adjustment of the foreign currency exchange rate (the US dollar) to 145 thousand dinars for every 100 dollars. Experts considered this step would increase the poverty rate to unprecedented rates in Iraq, which is suffering under the weight of a stifling financial crisis like it has not seen in decades due to the drop in oil prices in global markets and the outbreak of the Corona virus. -
Al-Markazi sells 269 million dollars in his auction today Economie 2020-01-12 | 06:02 435 views The Central Bank of Iraq announced on Sunday that it sold more than $ 269 million, with the participation of 31 banks. The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today a slight decrease in its sales to reach 269 million and 79 thousand dollars, covered by the bank at a base exchange rate of 1190 dinars per dollar, compared to Thursday, where sales reached 269 million and 450 thousand dollars. The request was distributed at 249 million and 639 thousand dollars to enhance the balances abroad in the form of transfers and credits, while the rest of the 19 million and 440 thousand dollars were distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1190 dinars per one dollar. While none of the 31 banks in the currency auction made any offers to sell the dollar. It is mentioned that the central bank conducts daily sessions to buy and sell foreign currencies except for the official holidays that the bank stops from these auctions.
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General: Delay in extending letters of guarantee January 22, 2019
