For the fourth consecutive day .. Central Bank of Iraq sales continue to decline

[yota691]

 

For the fourth consecutive day .. Central Bank of Iraq sales continue to decline

 

•  

 2020-12-30 04:31

 

Shafaq News / The Central Bank of Iraq sales of hard currency declined today, Wednesday, for the fourth consecutive day this week, while they recorded a decline of more than 6%.

 

The correspondent of Shafaq News Agency 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 6.6% to reach 14 million 54 thousand and 239 dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Tuesday, when it reached Sales of 15 million and 47 thousand.

 

He added that the request was distributed by 12 million and 754 thousand and 239 dollars to enhance the funds abroad in the form of transfers and appropriations, while the rest, amounting to one million and 300 thousand dollars, was distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1460 dinars per one dollar.

 

Our correspondent indicated that four banks have met the requests to enhance the assets abroad, while one bank has met the cash requests.

[yota691]

The index is declining.

Currency auction sales volume in dollars for today

2020.12.30 - 15:04

 

Baghdad - People  

The dollar sales index fell in the currency auction, on Wednesday, to more than $ 14 million only.  

 

According to a document obtained by "People" (December 30, 2020), the total sale for the purposes of strengthening funds abroad (transfers, credits) amounted to 12,754,239, while the total cash sale amounted to 1,300,000.  

The document indicated that the total sales amounted to 14054239.  

The sale price was calculated, according to the document, for the sums transferred to bank accounts abroad at 1460 dinars per dollar, while the cash sale price was 1460 dinars per dollar.  

[yota691]

The central bank's dollar sales are collapsing

•  Time: 12/30/2020 11:15:55
•  
•  Read: 3,913 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way.

According to the bank's daily bulletin on the currency auction on Wednesday, the total sale for the purposes of strengthening funds abroad {transfers, credits} 12 million and 754 thousand and 239 dollars, while the cash sale was one million and 300 thousand dollars.
While the total sales were 14 million 54 thousand and 239 dollars.
Yesterday's foreign currency auction sales were $ 15 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

[Wiljor]

Good morning Yota, and thank you very much for your continued dedication to us all here in DV. May you have a healthy and prosperous New Year 🙌

 

“The dollar sales index fell in the currency auction, on Wednesday, to more than $ 14 million only.”   

Once again we see a decline for the sale of the dollar.  
I believe Iraq is getting ready to make the jump to the worlds stage, the urgency as of late and intensity to get things done has accelerated drastically. 
The current exchange rate to the dollar is not sustainable, it makes an already dire situation, worse and makes goods and services more expensive. Hence this is the move we have all been discussing over the years, “first a devaluation, then a revaluation”  

Perhaps 2021 is our year, we patiently wait..... 

[keylime]

Goody for them.

[yota691]

15 minutes ago, Wiljor said:

Good morning

Good Morning Wiljor 

[ChuckFinley]

44 minutes ago, Wiljor said:

Good morning Yota, and thank you very much for your continued dedication to us all here in DV. May you have a healthy and prosperous New Year 🙌

 

“The dollar sales index fell in the currency auction, on Wednesday, to more than $ 14 million only.”   

Once again we see a decline for the sale of the dollar.  
I believe Iraq is getting ready to make the jump to the worlds stage, the urgency as of late and intensity to get things done has accelerated drastically. 
The current exchange rate to the dollar is not sustainable, it makes an already dire situation, worse and makes goods and services more expensive. Hence this is the move we have all been discussing over the years, “first a devaluation, then a revaluation”  

Perhaps 2021 is our year, we patiently wait..... 

Trust this post finds you doing well Wiljor. Things have been getting pretty intense not only in Dinar land but also in crypto. This does seem to be getting ready to pop. I too think 2021 is looking pretty good. Have a great and prosperous New Year my friend.  

[Wiljor]

4 minutes ago, ChuckFinley said:

Trust this post finds you doing well Wiljor. Things have been getting pretty intense not only in Dinar land but also in crypto. This does seem to be getting ready to pop. I too think 2021 is looking pretty good. Have a great and prosperous New Year my friend.  

Good morning sir, yes all is well my friend. Looking forward to 2021 🙏

[ChuckFinley]

19 minutes ago, Wiljor said:

Good morning sir, yes all is well my friend. Looking forward to 2021 🙏

Same here. 

[yota691]

The results of the foreign currency sale window on Wednesday 12/30/2020, and executed today

 

  

 December 30, 2020

The results of the foreign currency sale window on Wednesday 12/30/2020, and executed today

 

Advertisement No. (4327)

Sale date - Wednesday 12/30/2020 and executed today

the details		Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits)		12,754,239
Total cash sale		1,300,000
Total sales		14,054,239

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, Wednesday, 12/30/2020, and executed today

[HowieC]

The central bank's dollar sales are collapsing

Time: 12/30/2020 11:15:55 Read: 7,046 times

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way.

According to the bank's daily bulletin on the currency auction on Wednesday, the total sale for the purposes of strengthening funds abroad {transfers, credits} 12 million and 754 thousand and 239 dollars, while the cash sale was one million and 300 thousand dollars.

While the total sales were 14 million 54 thousand and 239 dollars.

Yesterday's foreign currency auction sales were $ 15 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.

مبيعات البنك المركزي للدولار تتهاوى - الفرات نيوز (alforatnews.com)