The Central Iraqi sales are down by more than 43% in today's auction

[yota691]

 

The Central Iraqi sales are down by more than 43% in today's auction

 

•  

 2020-12-22 06:52

 

Shafaq News / The Central Bank of Iraq announced, on Tuesday, the sale of $ 113 million, with the participation of 22 banks.

The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales by 43.5% to reach 113 million 494 thousand and 784 dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to last Sunday, when sales reached 200 million and 507 thousand dollars.

The request was distributed by 113 million 294 thousand and 784 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest of the 200 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.

While none of the 22 banks made any offers to sell the dollar in the currency auction.

[yota691]

The results of the foreign currency sale window on Tuesday 12/22/2020, and executed today

 

  

 December 22, 2020

The results of the foreign currency sale window on Tuesday 12/22/2020, and executed today

 

Advertisement No. (4321)

Sale date - Tuesday 22/12/2020 and executed today

the details		Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits)		113,294,784
Total cash sale		200,000
Total sales		113,494,784

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 Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) Tuesday 12/22/2020 and executed today

[yota691]

Shocking decline in the central bank's dollar sales today

•  Time: 12/22/2020 15:03:20
•  
•  Read: 2,236 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq’s sales of dollars on Tuesday fell shockingly, falling to 43%.

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 113 million 294 thousand and 784 dollars, and the cash sale amounted to only 200 thousand dollars.
As for the total sales, it was 113 million 494 thousand and 784 dollars.
The total sales of the currency auction yesterday were 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.
And the Central Bank of Iraq raised the exchange rate of the dollar against the 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, from the rise in prices, and had already negatively affected the movement of commercial centers and important markets such as Shorja and Jamila Alwa in Baghdad that seemed almost empty.
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

[jeepguy]

    were going the wrong wayyyyyyy!!!

[Fairways&Greens]

This is great. We want lower sales from CBI and they want more people to sell their 000 denoms back—they are trying to suck in as much as possible. This will force Iraq to do something different sooner. Good news. 

[jeepguy]

6 hours ago, yota691 said:

 

The Central Iraqi sales are down by more than , a decrease in its sales by 43.5% ,

The request was distributed by 113 million 294 thousand and 784 dollars to enhance the funds abroad in the form of transfers and appropriations, 

While none of the 22 banks made any offers to sell the dollar in the currency auction.

What stands out is " none of the  banks offer to sale currency!

INSIDE  information?

Hang on  to your  cash cause it's coming?

😀

[Longtimelurker]

Great news! IQD sales down, USD sales up! 000's are being removed from circulation, time to release lower DENOMINATIONS! 

[idplzr]

😊

[yota691]

The central bank sells $ 113 million today, Tuesday

 12 hours ago

500

 

Today, Tuesday, the Central Bank of Iraq announced the sale of $ 113 million, with the participation of 22 banks.

The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales by 43.5% to reach 113 million 494 thousand and 784 dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to last Sunday, when sales reached 200 million and 507 thousand dollars.

The request was distributed by 113 million 294 thousand and 784 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest of the 200 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.

While none of the 22 banks made any offers to sell the dollar in the currency auction.

[Officiallytook]

[Officiallytook]

Why can't I see any changes on exchange sites of the current rate changes?