For the third consecutive day, the Central Bank's sales decline by more than 55%

[yota691]

 

For the third consecutive day, the Central Bank's sales decline by more than 55%

 

 

•  

 2020-12-29 05:07

 

Shafaq News / For the third consecutive day of this week, the central bank's sales recorded a decline by more than 55% today, Tuesday.

Yesterday, Monday, the central bank's sales decreased by 50%, which is the second consecutive decline this week since the exchange rate of the dinar changed.

The 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 55.89% to reach 15 million 47 thousand and 993 dollars, which the bank covered at a basic exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, when it reached Sales of 34 million, 163 thousand and 878 dollars.

Added; The request was distributed by 14 million and 847 thousand 993 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest, amounting to one million and 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.

Our correspondent indicated that the 10 banks and one brokerage company are in the currency auction; It did not make any offers to sell the dollar.

[yota691]

The results of the foreign currency sale window on Tuesday 29/12/2020 and executed today

 

  

 December 29, 2020

The results of the foreign currency sale window on Tuesday 29/12/2020 and executed today

 

Advertisement No. (4326)

Sale date - Tuesday 29/12/2020 and executed today

the details		Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits)		14,847,993
Total cash sale		200,000
Total sales		15,047,993

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’s foreign currency sales schedule, Tuesday, 12/29/2020, and executed today

[yota691]

The dollar is rising in Iraq and central bank sales are falling

•  Time: 12/29/2020 11:44:16
•  
•  Read: 9,009 times

  

{Baghdad: Al Furat News} The exchange rates of the dollar in Iraq rose today, Tuesday.

The exchange rate in the Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad reached 1430 dinars, or 143,000 dinars for one hundred dollars, which is the same price in Basra Governorate, while it reached 1428 dinars in Erbil.
Yesterday's price in Baghdad was 1419 dinars.
As for the exchange offices' prices, they amounted to 1440 dinars for sale and 1420 dinars for purchase.
While the Central Bank of Iraq sales of dollars fell, in an unprecedented way, today, Tuesday.
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 14 million 847 thousand and 993 dollars, while the cash sale was only 200 thousand dollars.
While the total total sales were 15 million 47 thousand and 993 dollars.
Yesterday's foreign currency auction sales were $ 34 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.
Ammar Al-Masoudi
 

[yota691]

The central bank's dollar sales are down for the third day in a row

Editing date: 12/29/2020 14:44 • 70 times read

http://www.alliraqnews.com/uploads/news/image/medium/story_img_5feb1683c16cf.jpg

[Baghdad-Where]
Central Bank sales recorded, on Tuesday, for the third consecutive day a decline of more than 55%.

According to the central bank's daily bulletin, "the bank witnessed during its auction for the sale and purchase of foreign currencies today a decrease in its sales by 55.89% to reach 15 million, 47 thousand and 993 dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar."
The request was distributed by 14 million and 847 thousand 993 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest of one million and 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 the Central Bank's daily bulletin indicated that 10 banks and one brokerage company united in the currency auction, and had not made any offers to sell the dollar.

[Laid Back]

There’s no smoke without fire...... The auctions downward trend continues.!

 

Go RV

Go 2021

[Spartakus]

The Iraqi citizens must that the dinar is going to be more valuable than the dollar, therefore they are selling it and keep their currency. I could be wrong it's Iraq.

[yota691]

For the third consecutive day, the Central Bank's sales decline by more than 55%

By

 adnan

 -

December 29, 2020

8

 

0

Kunooz Media / Baghdad

For the third day in a row this week, the central bank's sales, today, Tuesday, decreased by more than 55%.

Yesterday, Monday, the central bank's sales decreased by 50%, which is the second consecutive decline this week since the exchange rate of the dinar changed.

A source 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 55.89% to reach 15 million 47 thousand and 993 dollars, covered by the bank at a basic exchange rate of 1460 dinars per dollar, compared to Monday, when sales reached 34 million And 163 thousand and 878 dollars.

Added; The request was distributed by 14 million and 847 thousand 993 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest, amounting to one million and 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.

He pointed out that the 10 banks and one brokerage company are in the currency auction; It did not make any offers to sell the dollar.

[Rochester]

Obvious comment of the Day: Who uses the Auctions? The political elite, the economic elite of Iraq....the ones with the most financial acumen. They know "something's up". In poker you call this "A Tell"....

 

Tell...from Free Dictionary by Farlex: 

 

Games An unintentional or unconsciously exhibited behavior that reveals or betrays one's state of mind, as when playing poker.