Governor of the Iraqi Central Bank: We will double the sale of the dollar to exchange companies

[yota691]

Governor of the Iraqi Central Bank: We will double the sale of the dollar to exchange companies

Mustafa Ghaleb Makhif, Governor of the Central Bank of Iraq

 December 19, 2020 10:46 PM

Mubasher: Mustafa Ghaleb Makhaif, governor of the Central Bank of Iraq, confirmed that the bank will double the sale of dollars to exchange companies.

Mukhaif said in a statement to the ten program, which will be shown tomorrow, Sunday, to Al-Iraqiya News. conscious".

The governor of the Central Bank of Iraq added, "The abundance of the dollar will make it stable in the market."

The Central Bank of Iraq had set, earlier today, Saturday, the new price for buying and selling foreign currency. Where he decided to amend the exchange rate to be 1450 dinars per dollar as a purchase price from the Ministry of Finance, 1460 dinars per dollar as a selling price to banks, and 1470 dinars per dollar as a selling price to the public.

And the exchange rate of the dollar against the Iraqi dinar was recorded, this morning, Saturday, in the dealings of exchange companies and in the local currency exchange, from 1191 to 1320 dinars per dollar on the Al-Kifah Stock Exchange (the local stock exchange in Iraq).

The Iraqi Central Bank stated - in a statement today, that during the last months of this year, intensive deliberations took place with the Prime Minister, the Minister of Finance and the Legislative Authority, regarding the economic situation in general and the financial crisis that the public finances are going through due to low oil prices and production, and economic and health challenges.

The central added that the structural distortions in the Iraqi economy are the ones that impoverished the public finances and restricted the ability of reform sought by the government and the Ministry of Finance, pointing out that the dependence of the economic and financial policy on the aspirations and concerns of politicians, resulted in the last accepted models of financial management in Iraq, and the role of that administration was limited to the distribution of oil resources. Life-sustaining requirements such as salaries and operational requirements

He continued, "The central bank had no choice but to intervene on more than one occasion to support public finances and save critical public spending requirements, but that does not mean that these interventions remain open without restrictions or endings."

The Central Bank of Iraq expressed its understanding of the difficulties facing the reform intentions that the government is heading to undertake, but this does not prevent any steps that the monetary authority can take with effective steps to implement reforms that inevitably affect the institutions of the financial authority.

The Iraqi Central Bank indicated that the legislative authority will have an important role in supporting the direction of the Central Bank to adjust the foreign currency exchange rate.

[yota691]

The trends of devaluation come to cover the deficit rates

Sunday 20 December 2020 15

 

 Baghdad: Morning 

 

The head of the Baghdad Center for Sustainable Energy, Muhammad Shaker, confirmed that "the trends of devaluation come to cover the large deficit in the budget in order to avoid the complexity of the economic scene more than it is." He said: "There is a need to distribute the salaries of employees in Iraqi dinars (in order to preserve the principle of the sovereignty of the national currency) while giving him the right to disburse the equivalent of half his salary in dollars supported by the adoption of a subsidized exchange rate, such as 1300 dinars to the dollar, and he  can pay through electronic transfer in his bank account or in The electronic payment card, which enables electronic payment, whether in dinars or dollars, so that it does not significantly affect the level of the salary, so that the employee or the retired person has Iraqi cash to cover his usual daily expenses and he has a dollar in which to cover the goods whose prices will change due to the change in the exchange rate.

He drew attention to "the importance of stopping space salaries and giving the task of electronic documentation according to the biological fingerprint of utmost importance, and it must be completed within two months as a maximum, with the announcement of the penalties that will be imposed on those who will be found to have two fingerprints in two different locations to eliminate aliens, pointing to the need to support people with limited income and strive to strengthen The national economy to reduce dependence on imported goods is harmful Useful. "

Shaker suggested, "stopping the currency auction and opening direct selling of currency in all Iraqi banks without exception and adopting the electronic exchange rate so that any account holder can convert an amount from Iraqi into dollars at the official exchange rate, and then eliminate the parallel market for the exchange rate, which a number of people benefit from. And behind them are the supporters. "

He called for "the adoption of bank credits only for the purposes of foreign remittances. An encouraging exchange rate could be adopted to pay these credits, provided that they are accounted electronically for customs and taxes, and fix the prices of some important and basic commodities through the subsidized dollar when paying bank credits with external suppliers, as well as supporting the private sector to provide basic requirements." Locally and to stop the waste of foreign currency and activate and encourage national industry. "

He pointed out, "the importance of achieving self-sufficiency in electric energy through national production, activating current stations and encouraging the use of solar energy to reduce dependence on the national grid."

[yota691]

Central Bank Governor: We will double the sale of dollars to exchange companies

Saturday 19 December 2020 - 22:01

Baghdad - conscious

Central Bank Governor Mustafa Ghaleb Makheif confirmed that the bank will double the sale of dollars to exchange companies.

Mkhaif said in a statement to the ten program, which will be shown tomorrow, Sunday, to Al-Iraqiya News, that "discreet precautions enable us to fix prices," noting that "exchange houses buy 50 thousand dollars, and we will double it to 100 thousand dollars."

He added, "The abundance of the dollar will make it stable in the market."

The Central Bank of Iraq decided earlier in the day, Saturday, to amend the foreign currency exchange rate as follows:

1450 dinars per dollar is the purchase price of foreign currency from the Ministry of Finance.

1460 dinars per dollar, the selling price of foreign currency to banks.

1470 dinars per dollar is the selling price of foreign currency to the public.

[Laid Back]

1-Devalue the dinar to 1450 to suck in chunky money 

2-Flood the market with dollars 

3-Delete the 000

4-RV equal oh higher than the dollar 

5- People will exchange dollars for new lower denomination notes 

 

Go RV

 

 

[6ly410]

Iraq news now

After raising the dollar exchange rate ... the Central Bank announces its next step

Posted 4 hours ago

https://iraqakhbar.com/2814229

News source / NR TV

News source / NR TV
Digital Media NRT
The governor of the Central Bank, Mustafa Ghaleb Makhaif, announced, Saturday, that the bank will double the sale of dollars to exchange companies, indicating that its abundance will make it stable in the market.

This came in a frightening statement to government media affiliated with "Digital Media NRT" today (December 19, 2020), in which he explained that "the bank will double the sale of dollars to exchange companies," noting that "discreet precautions enable us to stabilize prices."

He added, "The bankers buy 50 thousand dollars, and we will double it to 100 thousand dollars," noting that "the abundance of the dollar will make it stable in the market."

And earlier today, Saturday, the Central Bank of Iraq decided to adjust the foreign currency exchange rate, as follows:

1450 dinars per dollar is the purchase price of foreign currency from the Ministry of Finance.

1460 dinars per dollar the selling price of foreign currency to banks.

1470 dinars per dollar is the selling price of foreign currency to the public.

 

[6ly410]

Al-Kazemi's advisor reveals the details of the high selling of the dollar

Economie | 09:55 - 12/19/2020

https://www.mawazin.net/Details.aspx?jimare=134876

 

Baghdad - Mawazine News

The Prime Minister’s Adviser for Financial Affairs, Mazhar Muhammad Saleh, revealed today, Saturday, the details of the high selling price of the dollar against the local currency in the Iraqi market.
Saleh said, "Reducing the exchange rate is a measure in a rentier economy like Iraq that is directly related to financing the state's general budget and represents, in essence, an inflationary financing method), that is, buying a cheap dinar issued by the central bank with government oil revenues in dollars or foreign currency. The high value of filling part of the deficit in the general budget is equivalent to the reduction percentage, "pointing out that"The reduction carries positive effects for holders of real wealth of foreign assets, such as the rich in dollars or owners of foreign assets such as gold, cars, etc. The value added here is an increasing emergency wealth due to the change in government policies in its favor, and although the local market itself is not affected (directly) by the reduction, as it is He can transfer the price or value burden on the consumer or the ultimate buyer immediately (as a transitional inflation tax), with the exception of temporary problems related to contracts between dealers, term sales, debts and mutual obligations.
He added, "This does not mean that there has not been a contraction in the demand for goods and services in the market, especially goods with high flexibility in demand, including luxury or leisure goods." Flooding in the market that suppressed the local product due to the lack of imports from it. "
He continued, "It remains the most affected person from the lowering of the exchange rate and in all cases with limited income and the poor and vulnerable groups in society, as the purchasing power of their incomes in the local currency will decrease by a decrease in the external value of money due to the rise in prices, especially the necessary imported commodities, which are low elasticity of demand for them such as food and necessities Medicines are what require a government program to compensate those affected by the poor, vulnerable and low-income classes. ”Ended 29 / A43

[6ly410]

The trends of devaluation come to cover the rates of deficit

Sunday 20 December 2020 23

https://alsabaah.iq/37507

 

 Baghdad: Morning 

 

The head of the Baghdad Center for Sustainable Energy, Muhammad Shaker, confirmed that "the trends of devaluation come to cover the large deficit in the budget in order to avoid the complexity of the economic scene more than it is." He said: "There is a need to distribute the salaries of employees in Iraqi dinars (in order to preserve the principle of the sovereignty of the national currency) while giving him the right to disburse the equivalent of half his salary in dollars supported by the adoption of a subsidized exchange rate, such as 1300 dinars to the dollar, and he  
can pay through electronic transfer in his bank account or in The electronic payment card, which enables electronic payment, whether in dinars or dollars, so that it does not significantly affect the level of the salary, so that the employee or the retired person has Iraqi cash to cover his usual daily expenses and he has a dollar in which to cover the goods whose prices will change due to the change in the exchange rate.

He drew attention to "the importance of stopping space salaries and giving the task of electronic documentation according to the biological fingerprint of utmost importance, and it must be completed within two months as a maximum, with the announcement of the penalties that will be imposed on those who will be found to have two fingerprints in two different locations to eliminate aliens, pointing to the need to support people with limited income and strive to strengthen The national economy to reduce dependence on imported goods is harmful

 Useful. "

Shaker suggested, "stopping the currency auction and opening direct selling of currency in all Iraqi banks without exception and adopting the electronic exchange rate so that any account holder can convert an amount from Iraqi into dollars at the official exchange rate, and then eliminate the parallel market for the exchange rate, which a number of people benefit from. And behind them are the supporters. "

He called for "the adoption of bank credits only for the purposes of foreign remittances. An encouraging exchange rate could be adopted to pay these credits, provided that they are accounted electronically for customs and taxes, and fix the prices of some important and basic commodities through the subsidized dollar when paying bank credits with external suppliers, as well as supporting the private sector to provide basic requirements." Locally and to stop the waste of foreign currency and activate and encourage national industry. "

He pointed out, "the importance of achieving self-sufficiency in electric energy through national production, activating current stations and encouraging the use of solar energy to reduce dependence on the national grid

[Dinarrock]

58 minutes ago, Laid Back said:

1-Devalue the dinar to 1450 to suck in chunky money 

2-Flood the market with dollars 

3-Delete the 000

4-RV equal oh higher than the dollar 

5- People will exchange dollars for new lower denomination notes 

 

Go RV

 

 

Wow what a novel idea right!! I say this is a 100% correct and all this is done by Jan 6th!! That’s the date I am calling for the RV on or before!!! We all want a high rate but the rate will be what the rate will be that is predetermined that very few people have privy too IMO. I still think the rate will be $1.17 or higher and Iraq will set the RV rate what they have agreed too but hey if they do the 1450 and delete the zeros and RV we only get .69 cents I will take it all day long!!

[yota691]

6 minutes ago, Dinarrock said:

.69 cents I will take it all day long!!

Thanks for the enthusiasm...I had to do it.... yota>>>>>69>>>>> 1 >>>>>

[Laid Back]

2 hours ago, Dinarrock said:

Wow what a novel idea right!! I say this is a 100% correct and all this is done by Jan 6th!! That’s the date I am calling for the RV on or before!!! We all want a high rate but the rate will be what the rate will be that is predetermined that very few people have privy too IMO. I still think the rate will be $1.17 or higher and Iraq will set the RV rate what they have agreed too but hey if they do the 1450 and delete the zeros and RV we only get .69 cents I will take it all day long!!

Thanks for your input Dinarrock.

I appreciate your comment and enthusiasm.

 “The writing is on the wall”

We are close.

Go RV

[6ly410]

 

https://shafaq.com/ar/اقتصـاد/قرار-البنك-المركزي-بتخفيض-الدينار-العراقي-يدخل-حيز-التنفيذ

The Central Bank's decision to reduce the Iraqi dinar comes into effect

Economy central bank

 

2020-12-20 00:04

 

Shafaq News / An official at the Central Bank of Iraq said on Sunday that the new price has been launched for selling the dollar in the public auction for the sale of the currency.

 

The source told Shafaq News, "The bank has started applying the new price to sell for a dollar," adding that "it was sold in today's auction for 1450 dinars to one dollar."

 

On Saturday, the Central Bank of Iraq officially announced the adjustment of the foreign currency exchange rate (US dollar) to be 145 thousand dinars for every 100 dollars.

 

And experts consider this step will 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

[6ly410]

The controversy is over" ... an official application to sell the dollar against the dinar according to the "new price"

2020-12-20https://yesiraq.com/انتهى-الجدل-تطبيق-رسمي-لبيع-الدولار-م/

Yes Iraq - Baghdad

Today, Sunday, an official at the Central Bank of Iraq announced the launch of the new pricing for selling the dollar in a public auction for the sale of the currency.

The source said, "The bank has started applying the new price to sell for a dollar," adding that "it was sold in today's auction at 1450 dinars to one dollar."

The Central Bank of Iraq said in a statement yesterday, Saturday, that it decided to raise the selling price of the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, in order to compensate for the decline in oil revenues caused by the deterioration of oil prices.

The bank added that the main reason behind the devaluation of the dinar is to bridge the inflation gap in the 2021 budget after the collapse of global oil prices, which is a major source of Iraqi financial resources.

"The financial crisis that Iraq was exposed to due to the Corona pandemic ... led to a large deficit in the public budget," he said in his statement.

The bank said that the decision to devalue the currency came as a pre-emptive step “in the interest of the bank to avoid depleting its foreign reserves,” and to help the government secure the salaries of public employees.

Iraq depends for 95 percent of its income on oil revenues. The last time the dinar devalued was in December 2015, when it raised the selling price of the dollar to 1182 dinars, from 1,166 dinars previously.

But the devaluation of the dinar at a significant rate, the highest since 2003, will immediately raise commodity prices, hurting living standards.

In addition to other painful and pending economic reforms by the government of Prime Minister Mustafa Al-Kazemi, this could lead to more unrest in a country where protests erupted on October 1 of last year and lasted for several months, during which hundreds of thousands of Iraqis demanded jobs, services and isolation of the elite. Governor who they said was corrupt.

Two security officials said that Iraqi security forces and riot police deployed near the headquarters of the Central Bank, government banks and other financial offices in Baghdad today, Saturday, in anticipation of the possibility of protests after the central bank’s decision.

The OPEC country’s economy has only a small manufacturing base and almost all goods are dollar-priced imports, so a cheaper dinar will immediately make ordinary Iraqis feel impoverished without providing any benefit to the wider economy through cheap exports.

[screwball]

7 hours ago, Laid Back said:

1-Devalue the dinar to 1450 to suck in chunky money 

2-Flood the market with dollars 

3-Delete the 000

4-RV equal oh higher than the dollar 

5- People will exchange dollars for new lower denomination notes 

 

Go RV

 

 

Yep boom time is near...

[ChuckFinley]

8 hours ago, Laid Back said:

1-Devalue the dinar to 1450 to suck in chunky money 

2-Flood the market with dollars 

3-Delete the 000

4-RV equal oh higher than the dollar 

5- People will exchange dollars for new lower denomination notes 

 

Go RV

 

 

Could not say it any better there Laid Back. We just have to wait it out. 

[edithjimmy]

1 hour ago, ChuckFinley said:

Could not say it any better there Laid Back. We just have to wait it out. 

This would be awesome!!! We need some cheer in this uncertain times:  not that I'm bailing on President Trump I still believe he will be here for another 4 years. However, I'm so ready to see justice work in the DS in washington DC.  

[Jaygo]

1 hour ago, edithjimmy said:

This would be awesome!!! We need some cheer in this uncertain times:  not that I'm bailing on President Trump I still believe he will be here for another 4 years. However, I'm so ready to see justice work in the DS in washington DC.  

🤦🏻

[yota691]

The central bank publishes currency auction sales for the dollar at the new rate

•  Time: 12/20/2020 15:16:47
•  
•  Read: 3,406 times

  

(Baghdad: Al Furat News) The Central Bank of Iraq sold more than 207 million dollars in its window to sell foreign currency, today, Sunday.

According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening the funds abroad (transfers, credits) amounted to 198 million and 768 thousand and 67 dollars, and the cash sale amounted to 8 million and 600 thousand dollars.
As for the total sales, it was 207 million and 368 thousand and 67 dollars.
The sale price of the sums transferred to bank accounts abroad was (1460) dinars per dollar, and the cash sale price was (1460) dinars per dollar, in implementation of his decision yesterday to raise the exchange rate.
The Central Bank of Iraq had raised the exchange rate of the dollar against the Iraqi dinar to 1470 dinars for the public and 1460 dinars for the banks participating in the currency auction.
The decision caused concern and fear among Iraqis, especially employees, of high prices, and had already negatively affected the movement of commercial centers and important markets such as Shorja and Jameela Alwa in Baghdad.
Central Bank Governor Mustafa Ghaleb said that the bank "will double the sale of the dollar to exchange companies," indicating that "the abundance of dollars will make it stable in the market."
He pointed out that "the Ministry of Finance formally requested an increase in the exchange rate of 1450 dinars to one dollar and we asked for his presence to explain the reasons for raising the value of the dollar," stressing that "the Iraqi reserve is still in good standing." 
Ammar Al-Masoudi

[yota691]

The Iraqi Central Bank issues new instructions to banks on foreign currency conversion

The Central Bank of Iraq

 December 20, 2020 02:29 PM

Direct: Today, Sunday, the Central Bank of Iraq called on all licensed banks to work with the new instructions for financial transfer operations in foreign currency (work is suspended) according to the content of the numbered paragraphs (2,3,4) of the instructions.

In a statement, the Central Bank directed that the amounts of remittances received in US dollars be delivered to the bank's customers' accounts in the same currency.

The bank explained that the commission for cash withdrawals of the US dollar, which comes from the incoming transfers to the bank, is to its accounts in the US Federal Reserve, as well as the remittances received by banks from other banks at a rate of 0.007 per thousand.

The bank’s directives included that the above-mentioned remittance amounts be disbursed at 75% in cash in dollars according to the above commission, and 25% to pay Iraqi dinars according to the official rate of 182 dinars to the dollar.

The central asserted that the mechanism does not include customer deposits in dollars in cash, as it is paid to the customer in full, but rather is limited to customers who receive incoming transfers from outside Iraq of whatever type, and internal dollar transfers between banks in his accounts.

[yota691]

In the document ... a directive to the central bank to auction the currency for the dollar price

•  Time: 12/20/2020 11:04:21
•  
•  Read: 6,058 times

  

{Baghdad: Al Furat News} On Sunday, the Central Bank of Iraq directed banks to adopt the new dollar price.

In a document bearing the signature of the Bank’s governor, the Central Bank stated that “Given the change in the foreign currency exchange rate (the US dollar) to the Iraqi dinar as of (12/20/2020), exchange rates will be approved as shown below:
1450 The price of buying the dollar from the Ministry financial.
1460 sale price of the dollar banks through the sale of foreign currency window.
1470 selling price by banks and financial institutions , non - banking final beneficiary.
Ali al - Rubaie
 

[yota691]

The central bank issues new instructions to banks

 

•  Today, 13:24
•  
•  
•  354

 

 

 

Baghdad - IQ  

Today, Sunday (December 20, 2020), the Central Bank of Iraq issued instructions through a document issued on (3/29/2020).

The bank said in a document signed by the Director - General Mazen morning, addressed to the banks, that "the commission cash withdrawal of the US dollar derived from the remittances received by the Bank to our accounts in the US Federal Reserve, as well as remittances received by the banks from other banks by ( 0 . 007)  , seven thousand " .

She emphasized the necessity, that "the above-mentioned remittances are disbursed to banks at a rate of ( 20%)  in cash in dollars according to the above commission, and ( 8%)  an Iraqi dinar is paid according to the official exchange rate ( 112)  dinars to the dollar ."

He called on banks "to do  regardless of the percentage of (25 %)  above to its customers the owners of remittances at the price of 1200  dinars / USD, and submit their requests at the end of each month to the accounting department in the Central Bank for the purpose of addressing the two rates difference in the accounts of our Iraqi dinar,  banks exchange the full amount of the transfer received In Iraqi dinars, if the customer so desires, and the difference in the two prices is processed by the same mentioned mechanism.

He emphasized that "the above mechanism does not include customer deposits in dollars in cash, as it is paid to the customer in full, but rather is limited to customers who receive incoming transfers from outside Iraq of whatever kind, and internal dollar transfers between banks in their accounts with us."

[yota691]

 

Iraq issues new instructions to banks regarding commission for cash withdrawals for dollars (corrected)

 

•  

 2020-12-20 04:58

 

Shafaq News / Today, Sunday, the Central Bank of Iraq asked all banks to stop work in paragraphs 2, 3 and 4 regarding the commission of cash withdrawal for the dollar, explaining that the suspension came as a result of changing the dollar exchange rate.

 

The bank said in a statement received by Shafaq News that it "stopped working in paragraphs 3, 4 and 5 contained in the book numbered 9/2/126 issued on March 16, 2020, while it called for continuing to deliver the amounts of remittances received in US dollars to customers' accounts with your banks in the same currency, in full. Indicating that the suspension came as a result of a change in the dollar’s exchange rate.

 

The bank explained that "the paragraphs that have been stopped are the second paragraph, which stipulates the disbursement of the amounts of incoming transfers to banks at the rate of 75% in cash in dollars according to the above commission and (25%) an Iraqi dinar is paid according to the official exchange rate (1182) dinars to the dollar."

 

He added that "the third paragraph related to" has been suspended. Banks must spend the above 25% to their customers who have remittances at a price of (1200) dinars / dollar, and submit their requests at the end every month to the accounting department in the Central Bank for the purpose of handling the difference in the two rates in their accounts with us. In Iraqi dinars. "

 

He pointed out that "Paragraph 4 has been stopped, which stipulates that banks may spend the entire amount of the transfer received in Iraqi dinars if the customer so desires, and the difference in the two rates is treated with the same mechanism mentioned."

 

The bank affirmed "the continuation of the fifth paragraph regarding the delivery of remittances received in US dollars to customers' accounts with your banks in the same currency."

[Carrello]

10 hours ago, Laid Back said:

1-Devalue the dinar to 1450 to suck in chunky money 

2-Flood the market with dollars 

3-Delete the 000

4-RV equal oh higher than the dollar 

5- People will exchange dollars for new lower denomination notes 

 

Go RV

 

 

 

 

Thanks, Laid Back. I would add one positive caveat to the flooding of dollars and exchanging for lower denoms: It is anticipated Iraq will have full WTO membership at the beginning of 2021, and a requirement for full membership is MCP compliance (multiple currencies are not allowed). The dollar must be removed to comply with WTO requirements. 

 

 

[WheresmyRV?]

14 minutes ago, Carrello said:

 

 

Thanks, Laid Back. I would add one positive caveat to the flooding of dollars and exchanging for lower denoms: It is anticipated Iraq will have full WTO membership at the beginning of 2021, and a requirement for full membership is MCP compliance (multiple currencies are not allowed). The dollar must be removed to comply with WTO requirements. 

 

 

I forgot about them being full members of the WTO, thanks Carrello for reminding me!  2021 is looking good!😎

[yota691]

The Central Bank directs banks to adopt the new dollar rate

 

Central Bank of Iraq logo

Banks Economy News _ Baghdad On Sunday, the Central Bank directed banks to adopt the new dollar rate. In a document bearing the signature of the bank’s governor, the Central Bank said, “Given the change in the foreign currency exchange rate (the US dollar) to the Iraqi dinar as of (12/20/2020), exchange rates will be adopted as shown below: 1450 dollar purchase price from the Ministry of Finance. 1460 The selling price of the dollar to banks through the foreign currency sale window. 1470 The sale price by banks and non-bank financial institutions to the ultimate beneficiary.

Number of observations 192,   date of addendum 12/20/2020

[yota691]

The results of the foreign currency sale window on Sunday 12/20/2020 and executed today

 

  

 December 20, 2020

The results of the foreign currency sale window on Sunday 12/20/2020 and executed today

 

Advertisement No. (4319)

Sale date - Sunday 12/20/2020 and executed today

the details		Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits)		198,768,067
Total cash sale		8,600,000
Total sales		207,368,067

Note that:

• The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
• The cash sale price is ( 1460 ) dinars per dollar.

»The schedule of the Central Bank of Iraq sales of foreign currency (amounts in thousands of dollars) Sunday 12/20/2020 and executed today