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For the third day in a row ... Central Bank sales of dollars fell


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For the third day in a row ... Central Bank sales of dollars fell

1608805817_924122020_9bfbd9b8-2084-40d4-
Iraqi Media News Agency
News source / Iraqi Media News Agency
Baghdad / Follow up

The Central Bank of Iraq announced, on Thursday, that its sales of dollars continued to decline for the third consecutive day.

The Central Bank’s daily bulletin on the currency auction stated that “the total sale for purposes of strengthening balances abroad {transfers, appropriations} amounted to 76 million, 600 thousand and 801 dollars.

This amount is considered the total sales, while the bank did not sell any dollar in cash.

The central bank sells dollars for the sums transferred to bank accounts abroad at a price of (1460) dinars per dollar, and cash sales at a price of (1460) dinars also per dollar, in implementation of its recent decision to raise the exchange rate.

The central bank’s sales for Thursday and last Wednesday and Tuesday indicate a significant decline, in contradiction to the statements of the Central Bank’s governor, Mustafa Ghaleb, who said earlier that the bank “will double the sale of dollars to exchange companies,” indicating that “the abundance of the dollar will make it stable in the market

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 December 24, 2020

The results of the foreign currency sale window on Thursday 12/24/2020 and executed today

 

Advertisement No. (4323)

Sale date - Thursday 12/24/2020 and executed today

the details

Amount

Total sale for the purposes of enhancing funds abroad (transfers, credits)

76,600,801

Total cash sale

0

Total sales

76,600,801


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) Thursday 12/24/2020 and executed today

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  •  Time: 12/24/2020 12:29:12
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  •  Read: 12,792 times
The central bank auction continues to decline and is witnessing a rare event
  
{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continued to decline for the third consecutive day.

According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening balances abroad {transfers, credits} amounted to 76 million, 600 thousand and 801 dollars, which is the total sales, while the bank did not sell any dollar in cash.
Yesterday, foreign currency auction sales were $ 77 million.
The central bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate.
The central bank’s sales on Thursday, Wednesday and Tuesday indicate that it contradicts the statements of the Central Bank’s governor, Mustafa Ghaleb, who said earlier that the bank “will double the sale of the dollar to exchange companies,” indicating that “the abundance of the dollar will make it stable in the market.”
The exchange rate of the dollar in Baghdad rose today to 1420 dinars.
Ammar Al-Masoudi
811d079db70b5a0f85f8b4c95ef47d10.png

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