CBI News 02/20/2022

[yota691]

Gold bullion and coin prices for Sunday 20/2 to Thursday 24/2/2022

 

  

February 20, 2022

 

( Citizens can review government and private banks to buy gold bars and coins )

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Gold bullion and coin prices for Sunday 20/2 to Thursday 24/2/2022

the weight	Price/JD	picture/forward	Photo/Back
minted 15 g	1,470,250
coin 22 g	2,156,000
5 g ingot	461,500
slug 10 g	913,000
slug 15 g	1,372,250
slug 20 g	1,840,500
slug 25 g	2,310,000

[yota691]

In the video .. the curse of the dollar hits the gold market in Iraq

 

- 02-2022 04:03 PM - Number of readings: 2696

 

The Iraqi gold markets recorded the following prices:
The purchase price of an imported gold weight of 375 thousand
, the purchase price of an Iraqi gold weight of 350 thousand


 

 

 

 

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[yota691]

Authorized source: The current exchange rate has achieved many positive results

 

  

February 20, 2022

 

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Authorized source: The current exchange rate has achieved many positive results

 

An authorized source in the Central Bank of Iraq stated today, Saturday, February 19, 2022, that the current exchange rate has achieved many positive results, most notably reducing the state’s general budget deficit to achieving a surplus at the end of 2021, and giving local producers and investors an important competitive advantage with imported goods. . The source said: The repetition of changing the exchange rate within short times without a study by the concerned authorities leads to an economic recession, confuses the work of local markets, increases speculation on foreign currency, and squanders the gains made by the current exchange rate. Despite the rise in global oil prices of an unstable nature, there is no connection between this rise and the objectives and results of changing the exchange rate, and that the current rise in oil prices will enable the Iraqi government to rebuild the Iraqi economy properly, and build sufficient financial buffers to face any future fluctuations. in international oil prices.

[yota691]

The dollar exchange rate is stable and there are no intentions to change it

 

  

February 20, 2022

 

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The dollar exchange rate is stable and there are no intentions to change it

 

An authorized source in the Central Bank of Iraq stated today, Sunday, 20/2/2022, that there are no intentions to change the current exchange rate, especially after the positive results it achieved during the past period. And that the discussions that took place while hosting the Governor of the Central Bank of Iraq in the House of Representatives on Saturday, February 19, 2022, emphasized the need for concerted efforts by all government institutions to improve the economic and living standards of the poor classes that were affected by the high rate of inflation.. The source called on the honorable public not to deal with the news. which indicate the probability of a price change. He stressed that the central bank possesses sufficient foreign reserves to stabilize the current exchange rate.

 

Central Bank of Iraq

information Office

2022/2/20

[Wiljor]

Thanks Yota, very much appreciate all your ongoing efforts here in DV.

 

As we can see, we have many conflicting articles about the exchange rate.

Keep the people guessing and the speculators confused 😉

[yota691]

1 hour ago, Wiljor said:

As we can see, we have many conflicting articles about the exchange rate.

Keep the people guessing and the speculators confused 😉

GM Wiljor and all of DV...you got that right...at the end of the day it all up to the CBI...Looks like Iraq is head to the United Nation to hopefully lift all the sanctions, tomorrow...Have a Bless Day DV  

 

 

[CSM (R) Thack]

6 hours ago, yota691 said:

Looks like Iraq is head to the United Nation to hopefully lift all the sanctions, tomorrow...Have a Bless Day DV

Roger that Master Yota…got my Fingers crossed !!!!🤞🤞🤞👍🇺🇸