Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

At the end of the week, foreign remittances from the dollar rose in the Iraqi Central auction


yota691
 Share

Recommended Posts

1 hour ago, WheresmyRV? said:

My feeling if nothing happens when they get released from sanctions then who knows when and if it will ever happen.  Im thinking from mid february to the end of february.


Hope your right.
 

Having to endure yet another year of ‘ All the great stuff we gonna do ‘...plus the melodrama, back biting and all the rest of the nauseating verbal diarrhea we’re accustomed to: with still nothing getting accomplished will probably activate my Drinking synapses.


Drinking done correctly and being somewhat snobby about the Brands I consume could probably be termed “ a hobby “

  • Like 3
  • Thanks 2
Link to comment
Share on other sites

16 hours ago, WheresmyRV? said:

My feeling if nothing happens when they get released from sanctions then who knows when and if it will ever happen.  Im thinking from mid february to the end of february.

The issue with this thinking is that most will expect it (whatever “it” maybe) to happen within nanoseconds of Iraq being released from sanctions. So in all the time of sitting on the outside of Iraq looking in have they ever moved at a pace faster than a snail on salt? It took Japan 30 years to recover, if they have ever recovered, from war. The point isn’t the length of recovery but having the virtue of patience in a buy and hold investment. As well as not to get emotionally invested in the investment. It will happen and just like the carnival barker cries out “Round and round it goes . Where it stops nobody knows!”

  • Like 1
  • Upvote 2
Link to comment
Share on other sites

 
 2022-02-08 09:27
 

Shafaq News/ The bank's dollar sales increased in its auction today, Tuesday, to reach more than 216 million dollars.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase of 5.88% to reach 216 million and 226 thousand US dollars, which was covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, in which sales amounted 204 million and 493 thousand and 943 US dollars.

Our correspondent added; Most of the bank's sales that went to enhance balances abroad in the form of remittances and credits amounted to 142 million and 866 thousand dollars, while the remaining amount of 73 million and 340 thousand dollars went in cash.

Our correspondent indicated that 28 banks have met requests to enhance balances abroad, 19 banks to meet cash requests, in addition to 262 mediation companies.

  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

 
 2022-02-09 05:50
 

Shafaq News/ The bank's dollar sales stabilized in its auction today, Wednesday, at $216 million.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed a stability in its sales to reach 216 million and 156 thousand US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Tuesday, in which sales amounted to 216 million and 226,000 US dollars.

Our correspondent added that most of the bank's sales that went to enhance balances abroad in the form of remittances and credits, which amounted to 142 million and 886 thousand dollars, while the remaining amount of 72 million and 270 thousand dollars went in cash.

Our correspondent indicated that 28 banks have met requests to enhance balances abroad, 19 banks to meet cash requests, in addition to 261 mediation companies.

  • Thanks 1
Link to comment
Share on other sites

 
 2022-02-10 10:05
 

Shafak News/ The bank's dollar sales decreased in its auction on Thursday, reaching $190 million.

 

Shafak News Agency correspondent stated that during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its sales to reach 190 million and 838 thousand and 267 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Wednesday, in which sales amounted to 216 million And 156 thousand US dollars.

 

Our correspondent added that most of the bank's sales went to enhance balances abroad in the form of remittances and credits, which amounted to 165 million and 658 thousand and 267 dollars, while the remaining amount of 25 million and 180 thousand dollars went in cash.

 

Our correspondent indicated that 27 banks have met requests to enhance balances abroad, and 9 banks have responded to cash requests, in addition to 99 mediating companies.

  • Thanks 1
Link to comment
Share on other sites

1597223473969.jpg

 

The Central Bank of Iraq's sales of remittances and cash decreased in today's auction

 
 2022-02-13 09:41
 

 

Shafaq News/ The Central Bank of Iraq's sales of foreign remittances increased at the expense of cash sales in an auction today, Sunday.

 

Shafak News Agency correspondent stated that the Central Bank auction for buying and selling US dollars witnessed an increase in its sales by 4.74% to reach 199 million and 543 thousand and 974 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to last Thursday, which sales amounted to It has 190 million and 838 thousand and 267 US dollars.

 

Our correspondent added that the bank's sales went mostly to enhance balances abroad in the form of remittances, which amounted to 170 million and 3 thousand and 974 dollars, while the remaining amount of 29 million and 540 thousand dollars went in cash.

 

He pointed out that 27 banks fulfilled requests to enhance balances abroad, 14 banks to meet cash requests, in addition to 172 mediation companies.

https://shafaq.com/ar/اقتصـاد/ارتفاع-مبيعات-البنك-المركزي-العراقي-من-الحوالات-وانخفاض-النقدية-في-مزاد-اليوم

  • Thanks 1
Link to comment
Share on other sites

Significant increase in central bank sales of hard currency

Economie01:59 - 13/02/2022

 
image
 
 

 

Baghdad - Mawazine News
Today, Sunday, the Central Bank of Iraq's sales of hard currency recorded a significant increase from sales last Thursday.
And the Central Bank auction for the sale and purchase of foreign currencies witnessed a remarkable increase in its sales by 4.74% to reach 199 million and 543 thousand and 974 dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar.
Most of the bank's sales went to enhance balances abroad in the form of remittances, amounting to 170 million and 3 thousand and 974 dollars, while the remaining amount of 29 million and 540 thousand dollars went in cash.
27 banks fulfilled requests to enhance balances abroad, 14 banks to meet cash requests, in addition to 172 mediation companies. Ended 29/A 4

  • Upvote 1
Link to comment
Share on other sites

 
 2022-02-14 06:06
 

Shafaq News/ The bank's dollar sales increased in its auction today, Monday, to reach 203 million dollars.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase in its sales by 6.84 percent to reach 203 million and 680 thousand and 720 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Sunday, which amounted to Sales of 190 million and 838 thousand and 267 US dollars.

Our correspondent added; Most of the bank's sales that went to enhance balances abroad in the form of remittances and credits, which amounted to 146 million and 170 thousand and 720 dollars, while the remaining amount of 57 million and 510 thousand dollars went in cash.

Our correspondent indicated that 27 banks have met requests to enhance balances abroad, and 21 banks have responded to cash requests, in addition to 193 mediation companies.

  • Upvote 1
Link to comment
Share on other sites

 
 2022-02-15 06:17
 

Shafak News/ The bank's dollar sales in its currency auction today, Tuesday, increased for the second day in a row, to reach 210 million dollars.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase in its sales by 3.45 percent to reach 210 million and 690 thousand and 100 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, which amounted Sales are 203 million and 680 thousand and 720 US dollars.

Our correspondent added that most of the bank's sales that went to enhance balances abroad in the form of remittances and credits, which amounted to 158 million and 390 thousand dollars, while the remaining amount of 52 million and 510 thousand dollars went in cash.

Our correspondent indicated that 27 banks have met requests to enhance balances abroad, and 22 banks have responded to cash requests, in addition to 202 mediation companies.

  • Thanks 3
  • Upvote 1
Link to comment
Share on other sites

 
 2022-02-16 05:13
 

Shafak News/ The bank's dollar sales in its currency auction today, Wednesday, rose for the third consecutive day, reaching $216 million.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase in its sales to reach 216 million, 508 thousand and 300 US dollars, which were covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Tuesday, which sales amounted to It has 210 million 690 thousand and 100 US dollars.

Our correspondent added that most of the bank's sales that went to enhance balances abroad in the form of remittances and credits, which amounted to 150 million and 498 thousand and 300 dollars, while the remaining amount of 66 million and 10 thousand dollars went in cash.

Our correspondent indicated that 28 banks have responded to requests to enhance balances abroad, and 18 banks to meet cash requests, in addition to 243 mediation companies.

Link to comment
Share on other sites

 
 2022-02-17 08:00
 

Shafaq News/ The Central Bank's sales of foreign remittances increased at the expense of cash sales in an auction today, Thursday.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales by 4.63% to reach 206 million and 892 thousand and 963 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Wednesday. With sales of 216 million and 508 thousand and 300 US dollars.

Our correspondent added that foreign remittances increased significantly compared to cash sales, as these remittances amounted to 173 million and 102 thousand and 963 dollars, while the remaining amount of 33 million and 790 thousand dollars went in cash.

Our correspondent indicated that 26 banks have met requests to enhance balances abroad, and 15 banks have responded to cash requests, in addition to 172 mediation companies.

  • Upvote 1
Link to comment
Share on other sites

The central bank's cash sales to banks and brokerage firms fell in an auction on Sunday.
Sources said that the Central Bank witnessed today, during its auction for buying and selling US dollars, a stability in its dollar sales, reaching 206 million and 892 thousand and 963 US dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar.
She added, that cash sales decreased compared to foreign remittances to reach 33 million and 790 thousand dollars, while foreign transfers amounted to 173 million and 102 thousand and 963 dollars.
On the other hand, the exchange owners in Baghdad demanded that the Central Bank determine its position on the process of changing the price of the dollar, considering that the fluctuation in the price of the dollar led to a stagnation in the markets.

Link to comment
Share on other sites

 
 2022-02-21 05:17
 

 

Shafaq News/ The Central Bank of Iraq's dollar sales rose on Monday, to more than 212 million dollars.

 

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed an increase in its dollar sales to reach 212 million and 648 thousand and 771 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Sunday, which amounted to Sales are 206 million and 829 thousand and 963 dollars.

 

He added that foreign remittances rose today compared to cash sales, as remittances amounted to 155 million and 248 thousand and 771 dollars, while the remaining amount of 57 million and 400 thousand dollars went in cash.

 

Our correspondent indicated that 27 banks have responded to requests to enhance balances abroad, and 20 banks have responded to cash requests, in addition to 195 mediation companies.

  • Thanks 1
  • Upvote 1
Link to comment
Share on other sites

 
 2022-02-22 06:41
 

Shafaq News/ The Central Bank's dollar sales decreased significantly, today, Tuesday, to reach 146 million dollars.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales by 31.13% to reach 146 million and 264 thousand and 884 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday. Sales amounted to 212 million 648 thousand and 771 US dollars.

Our correspondent added; Most of the sales were in the form of foreign remittances, which amounted to 123 million and 724 thousand and 884 dollars, while the remaining amount of 22 million and 540 thousand dollars went in cash.

Our correspondent indicated that 23 banks have fulfilled requests to enhance balances abroad, and 14 banks have responded to cash requests, in addition to 119 mediation companies.

  • Thanks 3
  • Upvote 2
Link to comment
Share on other sites

 
 2022-02-23 08:20
 

Shafaq News/ The Central Bank's dollar sales fell, on Wednesday, to record 141 million dollars.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales to reach 141 million and 941 thousand and 152 US dollars, which were covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Tuesday, which sales amounted It contains 146 million and 264 thousand and 884 US dollars.

Our correspondent added that most of the sales were in the form of foreign remittances, which amounted to 122 million and 201 thousand and 152 dollars, while the remaining amount of 19 million and 740 thousand dollars went in cash.

Our correspondent indicated that 23 banks have met requests to enhance balances abroad, and 11 banks have responded to cash requests, in addition to 116 mediation companies.

  • Thanks 3
Link to comment
Share on other sites

 
 2022-03-01 05:33
 

Shafaq News/ The central bank's dollar sales rose today, Tuesday, to record 183 million dollars.

Shafak News Agency correspondent stated, "The Central Bank witnessed today, during its auction for buying and selling US dollars, an increase in its dollar sales, to reach 183 million and 922 thousand and 980 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, which amounted to Sales of 139 million and 773 thousand US dollars.

Our correspondent added that most of the sales were in the form of foreign remittances, which amounted to 129 million and 302 thousand and 980 dollars, while the remaining amount of 54 million and 620 thousand dollars went in cash.

Our correspondent indicated that 22 banks have met requests to enhance balances abroad, and 19 banks have responded to cash requests, in addition to 292 mediation companies.

  • Thanks 1
Link to comment
Share on other sites

 
 2022-03-02 05:37
 

Shafaq News/ The Central Bank of Iraq's sales decreased, on Wednesday, from the currency sale auction compared to its sales on Tuesday.

 

Shafak News Agency correspondent said that today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales to reach 137 million and 672 thousand and 374 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Tuesday, which amounted to Sales are 183 million and 922 thousand and 980 US dollars, "indicating that 33 banks and 135 mediation companies participated in the auction to meet the cash sales and foreign remittances.

 

The reporter added that most of the sales were in the form of foreign remittances, which amounted to 112 million and 172 thousand and 374 dollars, while the remaining amount of 25 million and 500 thousand dollars went in cash.

Link to comment
Share on other sites

 
 2022-03-03 05:58
 

Shafaq News/ The Central Bank's sales of foreign remittances increased at the expense of cash sales of the dollar in an auction today, Thursday.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed stability in its dollar sales, reaching 137 million and 900 thousand US dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar.

Our correspondent added that foreign remittances for the purposes of strengthening balances abroad rose significantly compared to cash sales, as these remittances amounted to 120 million and 800 thousand dollars, while the remaining amount of 17 million and 100 thousand dollars went in cash.

Our correspondent indicated that 19 banks have met requests to enhance balances abroad, and 11 banks have responded to cash requests, in addition to 55 mediation companies.

  • Upvote 1
Link to comment
Share on other sites

 
 2022-03-06 05:11
 

Shafaq News/ The Central Bank of Iraq's cash sales fell on Sunday, to less than one million dollars, compared to foreign remittances, which rose to more than 112 million dollars.

The Central Bank of Iraq usually sells at least $12 million in the currency auction on a daily basis.

Shafak News Agency correspondent stated that today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales to reach 112 million and 670 thousand and 566 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar compared to last Thursday, when sales amounted 137 million and 900 thousand dollars.

Our correspondent added; The bank's sales to banks and mediation companies in cash decreased significantly to reach 960 thousand dollars compared to sales that went in the form of external remittances, amounting to 112 million and 710 thousand and 566 dollars.

Our correspondent indicated that 17 banks have met requests to enhance balances abroad, and two banks have responded to cash requests, in addition to one mediation company.

  • Thanks 8
  • Upvote 4
  • Pow! 3
Link to comment
Share on other sites

 

For the first time in its auction history, the Iraqi Central Bank sells less than a million dollars

1643113691_%D8%A8%D8%BA%D8%B9%D9%87%D8%A
News source / change channel

Today, Sunday, the Central Bank of Iraq’s cash sales decreased to less than one million dollars, compared to foreign remittances, which rose to more than 112 million dollars.

Today, during its auction for buying and selling US dollars, the Central Bank witnessed a decrease in its dollar sales to reach 112 million and 670 thousand and 566 US dollars covered by the bank at a base exchange rate of 1460 dinars per dollar compared to last Thursday, which sales amounted to 137 million and 900 thousand dollars.

The bank's sales to banks and mediation companies in cash and significantly decreased to reach 960 thousand dollars compared to sales that went in the form of external remittances, amounting to 112 million and 710 thousand and 566 dollars.

And 17 banks met requests to enhance balances abroad, and two banks to meet cash requests, in addition to one brokerage company

  • Thanks 4
  • Upvote 2
Link to comment
Share on other sites

WOW... I've been thinking about this for a long time. I've always held the belief that at some point in time the amount of

Iraqi Dinars would start to dry up, (in country). Many of us know that the US dollar is the currency currently being used on the street in Iraq. If the CBI was to do an RV, whether it be .10 or 1.00 it could be de-stabilizing to the economy, if too many dinars were still floating around, (in country). The GOI does not want large swaths of Iraqi citizens to be instantly wealthy. Money is power and all governments know this. IMHO it is looking like the majority of the Dinars have been removed from the street. I also think new bank notes have been printed without the three zeros. An RV could now take place without de-stabilizing the economy. The majority of real winners would be those who hold Dinars outside of the country. One caveat is that the CBI and the BIS could impose price restrictions on converting the Dinars we hold. Hope all are well.

 

The best things in life RV.

 

yak

  • Upvote 13
  • Pow! 1
Link to comment
Share on other sites

4 hours ago, pontiyak said:

The GOI does not want large swaths of Iraqi citizens to be instantly wealthy.

not sure about this???? most are using day to day to survive, some will rush to the banks to deposit, which builds reserves, your also talking about peole that have been oppressed and tortured for years and been in a constant state of war! they will want to build homes buy cars etc, it will be a boom for them and a big part of the money cycle and money velocity they need for economic banking.

  • Like 1
  • Upvote 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.