yota691 Posted November 22, 2018 Report Share Posted November 22, 2018 The central bank discloses the value of its purchases of foreign currency from the financial within ten months Thursday 22 November Alsumaria News / Baghdad revealed the Iraqi Central Bank , on Thursday, the value of its purchases of foreign currency from the Ministry of Finance within ten months of the year 2018 , the bank said in an official statistic has seen by Alsumaria News, said that "total purchases of foreign currency from the Ministry of Finance within ten last months From 2018 amounted to 43 billion and 729 million dollars. " The bank added that "the purchase of the Ministry of Finance during the month of October $ 5.5 billion, while purchases for the month of September last $ 2.829 billion," noting that "the month of August saw the purchase of $ 6.250 billion, while the month of July to buy $ 4.5 billion, June also saw a $ 5.150 billion purchase. " "The month of May saw the purchase of 5.5 billion dollars, while April saw the purchase of 2.5 billion dollars," noting that "the month of March saw the purchase of 4.5 billion dollars, and also saw the month of February purchase of 4.250 billion dollars, while funds purchased from the Ministry of Finance for the month of ($ 2.750 billion). The Central Bank buys the dollar from the Ministry of Finance derived from Iraq's oil sales in dinars for the purpose of funding the general budget by the month. 5 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 22, 2018 Author Report Share Posted November 22, 2018 The central bank discloses the value of its purchases of foreign currency from the financial within ten months Banks Economy News _ Baghdad The Central Bank of Iraq disclosed on Thursday the value of its purchases of foreign currency from the Ministry of Finance within ten months of 2018. The bank said in its official statistics, "Economic News", that "the total purchases of foreign currency from the Ministry of Finance during the last ten months of 2018 amounted to 43 billion and 729 million dollars." The bank added that "the purchase of the Ministry of Finance during the month of October $ 5.5 billion, while purchases for the month of September last $ 2.829 billion," noting that "the month of August saw the purchase of $ 6.250 billion, while the month of July to buy $ 4.5 billion, June also saw a $ 5.150 billion purchase. " "The month of May saw the purchase of 5.5 billion dollars, while April saw the purchase of 2.5 billion dollars," noting that "the month of March saw the purchase of 4.5 billion dollars, and also saw the month of February purchase of 4.250 billion dollars, while funds purchased from the Ministry of Finance for the month of ($ 2.750 billion). Views 1 Date Added 22/11/2018 1 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 22, 2018 Author Report Share Posted November 22, 2018 Central buys from $ 48 billion in fiscal year 2018 Click for full view Number of readings: 344 22-11-2018 01:43 PM 22-11-2018 01:43 PM The Central Bank announced on Thursday the value of its purchases of foreign currency ten months of 2018. The Bank said in official statistics, that 'the total purchases of foreign currency from the Ministry of Finance during the last ten months of 2018 amounted to 43 billion and 729 million dollars.' The bank added that "the purchase of the Ministry of Finance during the month of October $ 5.5 billion, while purchases for the month of September last $ 2.829 billion," noting that "the month of August saw the purchase of $ 6.250 billion, while the month of July to buy $ 4.5 billion, June also saw a $ 5.150 billion purchase. ' "The month of May saw the purchase of 5.5 billion dollars, while April saw the purchase of 2.5 billion dollars," noting that "the month of March saw the purchase of 4.5 billion dollars, and the month of February, the purchase of 4.250 billion dollars, while funds purchased from the Ministry of Finance for the month of ($ 2.750 billion). 7 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 22, 2018 Report Share Posted November 22, 2018 The month of May saw the purchase of 5.5 billion dollars, while April saw the purchase of 2.5 billion dollars," noting that "the month of March saw the purchase of 4.5 billion dollars, and the month of February, the purchase of 4.250 billion dollars, while funds purchased from the Ministry of Finance for the month of ($ 2.750 billion ) -------- so the central bank is buying the dollar from the finance department , what are they buying the dollar with ? ---- those bonds ? gold ? a smile and hand shake and also an atta boy ? ---- or are they throwing the worthless dinar at the dollar ? if they are buying dollar with dinar , are they not cutting them sleves off at the knees , ( central bank ) buying something that is worth 1000 times more than what they are paying it with ? ( would it make better sense , raise the value of dinar up too at least .50 cents to the dollar and only loose half of the investment of the the dollar buy instead of loosing 1000 times the investment ? ) 1 4 2 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 22, 2018 Report Share Posted November 22, 2018 been thinking of this a little more " 1 hour ago, yota691 said: "The month of May saw the purchase of 5.5 billion dollars, while April saw the purchase of 2.5 billion dollars," noting that "the month of March saw the purchase of 4.5 billion dollars, and the month of February, the purchase of 4.250 billion dollars, while funds purchased from the Ministry of Finance for the month of ($ 2.750 billion). so what does the finance ministry do with the " great abundance of crap currency that central just handed them for strong dollar ? infra-structure ? hiring people with out jobs at almost if not just above --- starvation wages ? ( I imagine just keeping up with the g.o.i. spiraling expenditures .... ) so now back too the idea above , if the central would increase the dinar value too at least .50 cents , they would loose only half of investment , BUT would increase in the welfare of the people , the finance would have a currency that is now at best 500 times better than before , the average Iraqi could now work at above super poor wages , can now buy for them selves things they could not last year ! they might even get a chance too think for them selves ... and the money would eventually find its way back too central bank coffers , through bank loans and bank deposits , and the wheel of commerce rolls on ! 5 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 22, 2018 Report Share Posted November 22, 2018 I know , I know ! The wheel of commerce is rolling now but ! When the wheels could be a Jaguar , and not a bicycle , or donkey cart ! 2 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted November 22, 2018 Report Share Posted November 22, 2018 “Bank said in official statistics, that 'the total purchases of foreign currency from the Ministry of Finance during the last ten months of 2018 amounted to 43 billion and 729 million dollars.'” $43,729 billion dollars X 1190 = 52,029 trillion IQD. In 10 month the CBI has given 52,029 trillion IQD to the ministry of finance. 4 3 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 25, 2018 Report Share Posted November 25, 2018 Central: The cash mass outside the banks amounted to more than 40 trillion dinars during October The Iraqi Central Bank revealed on Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. The bank said in its official statistics, which was seen by "Economy News", that "the amount of currency outside the banks amounted to 40 trillion and 723 billion dinars in October," noting that "this amount rose from September, which amounted to 39 trillion and 815 billion and 884 million dinars "He said. The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar". http://economy-news.net/content.php?id=14490 4 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 25, 2018 Report Share Posted November 25, 2018 Central: The cash mass outside the banks amounted to more than 40 trillion dinars during the last month The Central Bank of Iraq revealed Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. "The amount of currency outside banks reached 40 trillion and 723 billion dinars during the month of October," the bank said in an official statistic, which was seen by Alsumaria News. "This amount rose from 39 trillion, 815 billion and 884 million dinars." The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar". The Central Bank in 2011 put forward a project to delete zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, but the project was met with great opposition by specialists and politicians in parliament. https://www.alsumaria.tv/news/253542/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%83%D8%AA%D9%84%D8%A9-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%8A%D8%A9-%D8%AE%D8%A7%D8%B1%D8%AC-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D8%A8%D9%84%D8%BA%D8%AA-%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-40/ar 1 2 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 25, 2018 Report Share Posted November 25, 2018 Central reveals the existence of more than 40 trillion dinars outside the Iraqi banks Baghdad / / ... The Central Bank of Iraq revealed on Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. "The amount of currency outside banks reached 40 trillion and 723 billion dinars during the month of October," the bank said in its official statistics, which was seen by the "Iraq News", noting that "this amount increased from September 39, 815 billion and 884 million Dinar". The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar". The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, but the project met with great opposition by specialists and politicians in parliament. http://aynaliraqnews.com/index.php?aa=news&id22=109317 3 1 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 25, 2018 Report Share Posted November 25, 2018 this is what is happening when you have economy trying too ramp up , your cash is everywhere ! ( now if your value on your cash rises , too that of a basket of currency , will more be notes be out or will more notes be in ? ---- more notes will be in --- at the first few months or a year ! then the economy will start a new phase of banking ! ) 1 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 25, 2018 Report Share Posted November 25, 2018 foot note : if and when the value rises , the old farts of the Iraqi banking and dust counters , half of these old dudes will die of shock ! afraid of the new idea every one has buying power ! 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 25, 2018 Author Report Share Posted November 25, 2018 40 trillion dinars the size of the cash mass outside Iraqi banks last October 01:15 - 25/11/2018 BAGHDAD - The Iraqi Central Bank announced on Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. "The amount of currency outside banks reached 40 trillion and 723 billion dinars during the month of October," the bank said in an official statistics obtained by Mawazine News. "This amount rose from 39 trillion and 815 billion and 884 million dinars "He said. He added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion dinars "End of 29 / p 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 25, 2018 Author Report Share Posted November 25, 2018 40 trillion dinars value of the cash mass outside the Iraqi banks during the month of October Number of readings: 1083 25-11-2018 12:33 PM 25-11-2018 12:33 PM The Central Bank of Iraq, on Sunday, that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. The bank said in official statistics that 'the amount of currency outside banks reached during October 40 trillion and 723 billion dinars', indicating that 'this amount rose from September, which amounted to 39 trillion and 815 billion and 884 million dinars'. The bank added that 'the highest level of the amount of currency outside banks during the past three years was in December 2016 amounted to 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar'. 1 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted November 25, 2018 Report Share Posted November 25, 2018 2018/11/25 12:11 Number of readings 122 Section: Iraq Central: The cash mass outside the banks more than 40 trillion dinars Baghdad / MB: The Central Bank of Iraq, Sunday, that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars. The bank said in official statistics that "the amount of currency outside the banks amounted to 40 trillion and 723 billion dinars in October," noting that "this amount rose from the month of September, which amounted to 39 trillion and 815 billion and 884 million dinars." The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar". The Central Bank in 2011 put forward a project to delete zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, but the project was met with great opposition by specialists and politicians in parliament. The obelisk http://almasalah.com/ar/news/156711/المركزي-الكتلة-النقدية-خارج-البنوك-أكثر-من-40-ترليون-دينار 4 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted November 25, 2018 Report Share Posted November 25, 2018 Money Supply M0 in Iraq increased to 61227 IQD Billion in September from 60541 IQD Billion in August of 2018. Money Supply M0 in Iraq averaged 44307.21 IQD Billion from 2003 until 2018, reaching an all time high of 73259 IQD Billion in December of 2013 and a record low of 6708 IQD Billion in December of 2003. Historical Data API Alerts 1Y5Y10YMAX Compare Embed Iraq Money Last Previous Highest Lowest Unit Interest Rate 4.00 4.00 20.00 4.00 percent [+] Money Supply M0 61227.00 60541.00 73259.00 6708.00 IQD Billion [+] Money Supply M1 70756.00 70716.00 74504.00 5774.00 IQD Billion [+] Money Supply M2 89577.00 89332.00 90728.00 6953.00 IQD Billion [+] Deposit Interest Rate 4.86 5.16 10.54 4.86 percent [+] Cash Reserve Ratio 15.00 15.00 25.00 15.00 percent [+] Iraq Money Supply M0 Iraq Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Iraq Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Money Supply M0 - actual data, historical chart and calendar of releases - was last updated on November of 2018. Actual Previous Highest Lowest Dates Unit Frequency 61227.00 60541.00 73259.00 6708.00 2003 - 2018 IQD Billion Monthly Current Prices, NSA Export Data API https://tradingeconomics.com/iraq/money-supply-m0 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 25, 2018 Author Report Share Posted November 25, 2018 Central Iraqi purchases of currency from finance rise 38% in 10 months Ministry of Finance 25 November 2018 05:54 PM Direct: Statistical data showed the Central Bank of Iraq, the value of purchases of foreign currency from the Ministry of Finance during the 10 months of 2018 by 38.17%, on an annual basis. The Central Bank's total foreign currency purchases from the Ministry of Finance amounted to $ 43.73 billion in the 10 months of this year, compared to $ 31.66 billion in 10 months of 2017. The central bank's foreign currency purchases from the Ministry of Finance during the month of October separately increased by 94.41% on a monthly basis to reach $ 5.5 billion. The Central Bank's foreign currency purchases from the Ministry of Finance during the full year 2017 amounted to 40.36 billion dollars, which means that purchases in 10 months of this year exceeded the value of what he bought during the past year in full. 2 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 26, 2018 Author Report Share Posted November 26, 2018 Central announces the volume of Iraq's revenues and exports for 2017 Central Bank of Iraq Economy News Baghdad The Iraqi Central Bank announced on Monday that the volume of Iraqi revenues for 2017 amounted to more than 38 billion dollars, indicating that the volume of exports for the same year amounted to more than 57 billion dollars. The bank said in an official statistic it was briefed by "Economy News", "the volume of Iraqi revenues for the year 2017 amounted to more than 38.766 billion dollars," noting that "these revenues rose from what was in 2016, which amounted to 34.208 billion dollars, while revenues for the year To 48,010 billion dollars. " "The volume of exports for 2017 amounted to 57.559 billion dollars, higher than the year 2016, which amounted to exports 48.298 billion dollars, while these exports in 2015 to 51.328 billion dollars." Number of views 4 Date added 26/11/2018 3 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted November 26, 2018 Report Share Posted November 26, 2018 2018/11/26 12:11 Number of readings 29 Section: Iraq Central: Export volume 2017 ... 57 billion dollars The Iraqi Central Bank announced on Monday that the volume of Iraqi revenues for 2017 amounted to more than 38 billion dollars, indicating that the volume of exports for the same year amounted to more than 57 billion dollars. "The revenues of Iraq for the year 2017 amounted to more than 38.766 billion dollars," the bank said in a statistical official. "Revenues rose from the $ 34.208 billion in 2016, while revenues for the year 2015 rose to 48,010 billion dollars." "The volume of exports for 2017 amounted to 57.559 billion dollars, higher than the year 2016, which amounted to exports 48.298 billion dollars, while these exports in 2015 to 51.328 billion dollars." Iraq relies on 90 percent of its oil exports to finance its public budget, which is often affected by the rise and fall in world oil prices. The obelisk http://almasalah.com/ar/news/156806/المركزي-حجم-الصادرات-2017--57-مليار-دولار 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 26, 2018 Author Report Share Posted November 26, 2018 $ 95 billion in Iraq's revenues and exports for 2017 02:19 - 26/11/2018 BAGHDAD - The Central Bank of Iraq announced on Monday that the volume of Iraqi revenues for 2017 amounted to more than 38 billion dollars, noting that the volume of exports for the same year amounted to more than 57 billion dollars. The bank said in an official statistics received by the "Mawazine News", a copy of it, "the volume of Iraqi revenues for 2017 amounted to more than 38.766 billion dollars," noting that "these revenues rose from what was in 2016, which amounted to 34.208 billion dollars, Revenue for the year 2015 to 48.010 billion dollars. " "The volume of exports for 2017 amounted to 57.559 billion dollars, higher than the year 2016, which amounted to exports 48.298 billion dollars, while these exports in 2015 to 51.328 billion dollars." 1 3 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted December 1, 2018 Report Share Posted December 1, 2018 Souroun: Citizens own 35% of Iraq's money in their homes 10:55 - 30/11/2018 0 Information / Baghdad .. The MP of the Alliance of Riyadh Riyad Mohammed, Friday, that citizens have in their homes 35% of Iraq's money, noting that 312 billion dollars went outside the country could be used to build 12 thousand schools and hospitals, airports and railways. "Iraq has more than 2 million displaced people, while it has sold oil at 754 billion dollars and has gone out of the country 312 billion dollars. This last amount could have built more than 12,000 schools," he said in a statement. Hospital, railways, five airports and infrastructure for roads and bridges. " "If Iraq had spent on each project billion dollars would have completed 312 strategic project returns to Iraq Petrionat dinars, but the behavior of the Central Bank and banks gave a negative image for all." He pointed out that "the Iraqi citizen owns within his house 40 trillion dinars, even if we have mature banks to turn these amounts to investment and revive the economy, and thus is a weakness registered for banking institutions, that more than 35% of the mass frozen in homes, can not be invested economically. End 25 n https://www.almaalomah.com/2018/11/30/368955/ 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 4, 2018 Author Report Share Posted December 4, 2018 Decrease in the number of deposit funds in Iraq by 5.7% money and business Economy News _ Baghdad The Ministry of Planning announced Tuesday a decline in the number of savings funds in Iraq by 5.7% from last year. The Central Bureau of Statistics of the Ministry in a report, which was seen by "Economy News", "The number of deposit funds in Iraq amounted to 160 thousand depositors in 2017 compared to 173 thousand depositors in 2016, a decrease of 5.7%." "The number of telephone service offices in Iraq reached 198 offices in 2017, of which 57 are in Baghdad and 141 are distributed across the rest of the provinces," the agency said. "The number of postal offices reached 279 post offices in 2017 compared to 295 post offices in 2016, a decline of 4.5%," the agency said. "The number of mobile Internet service lines for companies operating in Iraq reached 2.19 million lines, while the wireless Internet service of companies operating in Iraq reached 1.185 thousand lines for the year 2017," the agency said. Number of Views 15 Date Added 04/12/2018 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 4, 2018 Author Report Share Posted December 4, 2018 Decrease in the number of deposit funds in Iraq by 5.7% Tuesday, 4 December Alsumaria News / Baghdad announced the Ministry of Planning, on Tuesday, a decline in the number of depositors savings funds in Iraq by 5.7% from last year. "The number of depositors of savings funds in Iraq reached 160 thousand depositors in 2017 compared to 173 thousand depositors in 2016, a decline of 5.7%," the Central Bureau of Statistics of the ministry said in a report read by Alsumaria News. "The number of telephone service offices in Iraq reached 198 offices in 2017, of which 57 are in Baghdad and 141 are distributed across the rest of the provinces," the agency said. "The number of postal offices reached 279 post offices in 2017 compared to 295 post offices in 2016, a decline of 4.5%," the agency said. "The number of mobile Internet service lines for companies operating in Iraq reached 2.19 million lines, while the wireless Internet service of companies operating in Iraq reached 1.185 thousand lines for the year 2017," the agency said. 3 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted December 4, 2018 Report Share Posted December 4, 2018 (edited) “The MP of the Alliance of Riyadh Riyad Mohammed, Friday, that citizens have in their homes 35% of Iraq's money” 40 trillion dinar is the monetary mass. 35% of that money is in citizens homes 40 trillion dinar X 35% = 14 trillion dinar In chunky Cash under their mattresses Go cbi Go dinar Go RV Go $1:1 Edited December 4, 2018 by Laid Back 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted December 4, 2018 Report Share Posted December 4, 2018 That's 14trillion they think is in Iraqi's homes...when it could really already be out of the country stolen by the US and ISIS? The possibilities...I say just flip your switch Quote Link to comment Share on other sites More sharing options...
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