Nearly a billion dollars in sales from the Central Bank of Iraq within a week

[Hotcurl]

2 minutes ago, Bama Girl said:

Well, our Fed could quit sending the CBI dollars to smuggle. That can’t end well for Iraq That, imo, is the leash the Feds have.

 

 

Keep in mind that traditionally, all the Iraqi revenue from the oil sales flows thru the US Fed and then on to the CBI, as the US Fed authorizes the transfer. 

These MAY ?? be a legitimate cash transfers via the auctions. It's really, really hard to tell from this/our perspective.

Hopefully the US Fed didn't get bamboozled recently and still has a leash on the CBI ...........

 

Just sayin' ..............

 

Semper Fi

[Bama Girl]

I wonder what happened to the Billions of cash that Obama had flown to Iran back in the day? It couldn’t possibly have been used to enlarge their nuclear arsenal, huh? 

[horsesoldier]

1 hour ago, Bama Girl said:

You and me both. I hope I never hear of the Middle East again after what we hope for happens!!

I'll second that statement and thanks.

[horsesoldier]

1 hour ago, Hotcurl said:

 

Keep in mind that traditionally, all the Iraqi revenue from the oil sales flows thru the US Fed and then on to the CBI, as the US Fed authorizes the transfer. 

These MAY ?? be a legitimate cash transfers via the auctions. It's really, really hard to tell from this/our perspective.

Hopefully the US Fed didn't get bamboozled recently and still has a leash on the CBI ...........

 

Just sayin' ..............

 

Semper Fi

Agreed, however, look at the cheez whiz heads running the country. My 11 yr. Old straight A granddaughter could bamboozle the heck out of them and make them say thank you.

I've never seen incompetence in government at such a catastrophic level.

No wonder Iraqi criminal politicians were able to ( & probably still do ) play their game so skillfully. IMO

All the Best

[screwball]

Plenty of Debbie downers! 

[yota691]

More than 500 million dollars... Central Bank sales for 3 days of the last week of this February

2023-02-28

Yes Iraq: Baghdad

 

Today, Tuesday, in the middle of the last week of February, the Central Bank of Iraq’s sales amounted to about $234 million.

The results of the currency sale window showed total sales amounted to 233.9 million dollars, of which import transfers accounted for 77%, with a value of more than 180.3 million dollars.

On the other hand, cash sales amounted to $53.6 million.

Yesterday, Monday, sales exceeded 104.2 million dollars, while the day before yesterday, Sunday, they reached more than 166.1 million dollars.

Accordingly, the total of the three days of the last week of February amounted to more than 504 million dollars.

[yota691]

More than 700 million dollars, the total sales of the Central Bank of Iraq within a week

2023-03-04 05:24

 

 

Shafaq News/ The Central Bank of Iraq's total sales of hard currency during the past week amounted to more than 700 million dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the five days in which the auction was opened, starting from Sunday to Thursday, an amount of 727 million and 307 thousand and 546 dollars, at a daily rate of 145 million and 461 thousand and 509 dollars, up by 2.3% from the week that took place. preceded by

 

 

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 233 million 921 thousand and 34 dollars, while the lowest sales were on Thursday, when sales amounted to 82 million 617 thousand and 564 dollars.

 

He pointed out that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

More than $2.5 billion in auction sales of the Central Bank of Iraq within a month

2023-03-05 01:54

 

 

Shafaq News/ The Central Bank of Iraq's sales of the US dollar hard currency auction during last February amounted to more than 2.5 billion dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the month of February, in the days when it opened its auction for buying and selling US dollars, 2.5 billion, 532 million, 357 thousand, 891 dollars, with an average of 133 million, 281 thousand and 994 dollars per day, up by 44% from the month in which it was held. It was preceded by an average of 92,132,988 dollars per day, a decrease of 30% compared to the same period last year 2022.

 

 

Our correspondent added that the increase in the bank's total sales during February compared to the previous month came as a result of the increase in its dollar sales on most days to more than 130 million dollars, to reach more than 250 million dollars in some days.

 

Our correspondent indicated that these sales were distributed between remittances abroad to finance foreign trade, and between cash sales to banks, while the selling price of documentary credits and international settlements for electronic cards reached 1305 dinars per dollar, while the selling price of remittances abroad and the cash sale price reached 1310 dinars per dollar. dollar.

[yota691]

More than $883 million Iraqi currency auction sales in a week

2023-03-11 05:30

 

 

Shafaq News / The Central Bank of Iraq's total sales of hard currency to dollars during the past week amounted to more than 883 million dollars.

 

 

Shafaq News agency reporter stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Sunday to Thursday, the amount of 883 million and 708 thousand and 462 dollars, with a daily average of 176 million and 741 thousand and 692 dollars, compared to 145 million and 461 thousand and 509 dollars, up by 21.5% from the previous week.

 

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 223 million, 406 thousand and 794 dollars, while the lowest sales were on Thursday, when sales amounted to 125 million, 823 thousand and 508 dollars.

 

He pointed out that sales of foreign remittances amounted to 535,808,462 dollars compared to cash sales, which amounted to 347,900,000 dollars, an increase of 35.7%. 

 

Sales went in the form of cash and remittances abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[ronscarpa]

More than $883 million Iraqi currency auction sales in a week

EconomyBreakingCoin AuctionCentral Bank Sales

 

2023-03-11 02:30

 

 

Shafaq News / The Central Bank of Iraq's total sales of hard currency to dollars during the past week amounted to more than 883 million dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Sunday to Thursday, the amount of 883 million and 708 thousand and 462 dollars, with a daily average of 176 million and 741 thousand and 692 dollars, compared to 145 million and 461 thousand and 509 dollars, up by 21.5% from the previous week.

 

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 223 million, 406 thousand and 794 dollars, while the lowest sales were on Thursday, when sales amounted to 125 million, 823 thousand and 508 dollars.

 

He pointed out that sales of foreign remittances amounted to 535,808,462 dollars compared to cash sales, which amounted to 347,900,000 dollars, an increase of 35.7%. 

 

Sales went in the form of cash and remittances abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

 

https://shafaq.com/ar/اقتصـاد/كثر-من-883-مليون-دولار-مبيعات-مزاد-العملة-العراقي-في-اسبوع

[Laid Back]

More than $30 million dollars a day is corruption and smuggling.

Words of the Prime Minister.

[horsesoldier]

They are really pumping up the $$$$$ through the auctions. Don't ever let anyone tell you crime doesn't pay. 

[rvmydinar]

9 hours ago, Laid Back said:

More than $30 million dollars a day is corruption and smuggling.

Words of the Prime Minister.

So if the corruption and smuggling keep going like this , does that mean the goi , cbi just wait until country of Iraq goes bankrupt and finally ,  wait for a bail out from the IMF? Then , what happens to dinar holders? 

[yota691]

The Central Bank's dollar sales record the highest weekly rate since the start of negotiations with Washington

 

drains
   

Economy News-Baghdad
Last week, the Central Bank’s sales recorded a record number since the start of the electronic financial transfer platform procedures.

 

According to bank data, sales jumped last week to $882.7 million, at a rate of $176.74 million per day, an increase of more than $156 million over the previous week, an increase of 21.5%. This represents the highest weekly sales after the Washington talks last month.

 

The increase in sales came mostly from cash sales, which rose by 120 million dollars, to record its highest rate ever in the currency auction at 347.9 million dollars.

 

Total transfers also rose to its highest weekly rate since October of the year 2022, at $535.77 million, an increase of 36.5 million compared to the previous week, equivalent to more than 7%.

 

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Views 133

Added 03/12/2023 - 10:52 AM

[yota691]

Expert: Dollar sales do not tend to feed the real requirements of the Iraqi market

13 hours ago

 

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The expert in economic affairs, Ziyad Al-Hashemi, explained today, Monday, that the government's approach to dealing with the recent dollar crisis is based on dealing with some negative phenomena related to the dollar economy inside Iraq, without taking effective action to deal with (the roots of the problem).

And between Al-Hashemi in a statement to “ newspaper ” that these problems are related to the dollar withdrawal system, which includes governments, banks, companies, money laundering gangs and businessmen, in addition to the weakness of the legislative and supervisory side, noting that the issue of controlling the movement of the dollar remains a chronic problem and may explode in any A moment again for Iraq to enter deeper economic crises.

And between Al-Hashemi, that recently the sales of the currency window increased to high numbers without this being reflected positively on the exchange rate of the dollar in the parallel market, and the exchange rate differences between the official price and the market price continued at their highest levels, and this indicates that dollar sales do not tend to feed the real requirements of the market Iraqi, but to feed other requirements, the volume of demand for the dollar in the local market is still at its highest levels, adding that the recent government measures have not yet been able to restore confidence in the Iraqi dinar among the citizen and weaken the case of “dollarization” that affects the Iraqi economy and its way to draw sound and effective monetary policies. Noting, “The government's measures are still inadequate and insufficient to bring about the correction required to deal with the problem of the dollar in Iraq.” I finish

[yota691]

More than a billion dollars in sales of the Central Bank of Iraq in a week

2023-03-18 02:22

 

 

 

Shafaq News/ The Central Bank of Iraq's total sales of hard currency to dollars during the past week amounted to more than one billion dollars.

 

 

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the five days in which the auction was opened, starting from Sunday to Thursday, the amount of one billion and 056 million and 998 thousand and 484 dollars, at a daily rate of 211 million and 399 thousand and 696 dollars, up by 19.61% from what was recorded. The week before that, in which the sales rate reached 176 million 741 thousand and 692 dollars.

 

Our correspondent added that the highest dollar sales during the past week were on Wednesday, when sales amounted to 241 million 908 thousand and 940 dollars, while the lowest sales were on Tuesday, when sales amounted to 176 million 955 thousand and 968 dollars.

 

He pointed out that foreign remittance sales amounted to 765,218,484 dollars, an increase of 61.87% compared to cash sales, which amounted to 291,780,000 dollars.

 

He pointed out that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

More than 800 million dollars in Iraqi Central sales in a week

2023-03-25 06:03

 

 

 

Shafaq News/ The total sales of the Central Bank of Iraq from the hard currency auction of the dollar during the past week amounted to more than 800 million dollars.

 

 

 

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the four days in which the auction was opened, with the exception of Tuesday, which coincides with an official holiday, the amount of 866 million and 429 thousand and 915 dollars, at a daily rate of 216 million, 607 thousand and 478 dollars, up by 2.37% from what The previous week, in which the sales rate reached 211 million 399 thousand 696 dollars, was recorded.

 

Our correspondent added that the highest dollar sales during the past week were on Thursday, when sales amounted to 261,660,573 dollars, while the lowest sales were on Sunday, when sales amounted to 245,613,190 dollars.

 

He pointed out that sales of foreign remittances amounted during the past week to 660,171,520 dollars, an increase of 61.82%, compared to cash sales, which amounted to 252,700,000 dollars.

 

He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

More than 870 million dollars in sales of the Central Bank of Iraq within a week

2023-04-01 05:05

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Shafaq News/ The Central Bank of Iraq's total sales of US dollars during the past week amounted to more than 870 million dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the past week for the four days in which the auction was opened, while it did not sell the dollar on Monday because it coincided with an official holiday, indicating that the amount of sales amounted to 876 million and 229 thousand and 180 dollars at a daily rate of 219 million. And 057 thousand and 295 dollars, up by 1.37% from the record of the previous week, in which the sales rate reached 216 million, 607 thousand and 478 dollars.

 

 

Our correspondent added that the highest dollar sales during the past week were on Thursday, when sales amounted to 238,758,264 dollars, while the lowest sales were on Sunday, when sales amounted to 202,134,715 dollars.

 

He pointed out that sales of foreign remittances amounted to 714,629,180 dollars during the past week, an increase of 70.59% compared to cash sales, which amounted to 210,600,000 dollars.

 

He explained that the sales went in the form of cash payments and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

4 billion dollars central auction sales in a month

Economical  04/03/2023

 

 

 Baghdad: morning 

 

The sales of the Central Bank of Iraq in the hard currency auction of the US dollar during the month of March amounted to about 4 billion dollars.

 

And the Central Bank sold during the month of March, in the days when it opened its auction for buying and selling US dollars, 3 billion and 906 million and 380 thousand and 890 dollars, with an average of 195 million and 319 thousand and 44 dollars, up by 31.76% from the previous month, in which the average sale was 133 One million and 281 thousand and 994 dollars per day, a decrease of 2.64% compared to the same period last year 2022. Sales of foreign remittances amounted during the past month to two billion and 819 million and 593 thousand and 890 dollars, an increase of 82.87% compared to cash sales, which amounted to 483 million and 280 thousand dollars.

 

These sales were distributed between remittances abroad to finance foreign trade, and cash sales to banks, while the selling price of documentary credits and international electronic card settlements amounted to 1305 dinars per dollar, and the selling price of remittances abroad and the cash sale price reached 1310 dinars per dollar.

[yota691]

More than a billion dollars in sales from the Central Bank of Iraq within a week

2023-04-08 06:12

 

 

Shafaq News/ The Central Bank of Iraq's total sales of hard currency to the US dollar during the past week amounted to more than one billion dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the five days in which the auction was opened, the amount of one billion and 112 million and 127 thousand and 560 dollars, at a daily rate of 222 million, 425 thousand and 512 dollars, up by 1.54% from what was recorded the previous week. The sales rate reached 219 million 057 thousand and 295 dollars.

 

 

He added that the highest dollar sales during the past week were on Wednesday, when sales amounted to 271,933,423 dollars, while the lowest sales were on Sunday, when sales amounted to 184,370,292 dollars.

 

The correspondent indicated that sales of foreign remittances amounted during the past week to 922,277,560 dollars, an increase of 79.5% compared to cash sales, which amounted to 189,850,000 dollars.

 

He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

Within a week, the central bank sells more than a billion dollars

Economical  2023/04/09

 

 

 Baghdad: morning

 

The Central Bank of Iraq's total sales of hard currency to US dollars during the past week amounted to more than one billion dollars.

And the Central Bank sold during the past week for the five days in which the auction was opened, the amount of one billion and 112 million and 127 thousand and 560 dollars at a daily rate of 222 million and 425 thousand and 512 dollars, up by 1.54 percent from what was recorded in the previous week, in which the sale rate reached 219 million and 057 One thousand and 295 dollars.

The highest dollar sales during the past week were on Wednesday, when sales amounted to 271 million 933 thousand and 423 dollars, while the lowest sales were on Sunday, when sales amounted to 184 million 370 thousand and 292 dollars.

Sales of foreign remittances amounted during the past week to 922,277,560 dollars, an increase of 79.5 percent, compared to cash sales, which amounted to 189,850,000 dollars.

Sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of amounts of documentary credits and international settlements of electronic cards reached 1,305 dinars per dollar, while the price of selling amounts of transfers abroad and the price of cash sales amounted to 1,310 dinars per dollar.

[yota691]

Iraqi currency auction sales exceed 900 million dollars in a week

2023-04-22 03:35

 

 

Shafaq News/ The Central Bank of Iraq's total sales of hard currency to dollars during the past week amounted to more than 900 million dollars.

 

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the four days in which the auction opened, the amount of 904 million 354 thousand and 091 dollars, at a daily rate of 226 million 88 thousand and 522 dollars, up by 2.26% from what it recorded the week before that. The sales rate amounted to 211 million 156 thousand and 980 dollars.  

 

 

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 283 million and 45 thousand and 994 dollars, while the lowest sales were on Monday, when sales amounted to 127 million and 85 thousand and 570 dollars. 

 

He pointed out that sales of foreign remittances amounted during the past week to 539,954,091 dollars, an increase of 32.51%, compared to cash sales, which amounted to 364,400,000 dollars.

 

He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

[yota691]

Central bank sales approaching one billion dollars in 4 days

 

Expenses
   

Economy News-Baghdad
The Central Bank of Iraq's total sales of hard currency to dollars rose during the past week to more than 900 million dollars.

 

The correspondent of the "Economy News" agency stated that the Central Bank sold during the past week, during the four days in which the auction was opened, the amount of 904 million and 354 thousand and 091 dollars, at a daily rate of 226 million and 88 thousand and 522 dollars, up by 2.26% from what was recorded in the week that followed. It preceded it, in which the sales rate reached 211 million and 156 thousand and 980 dollars. 

 

He added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 283 million and 45 thousand and 994 dollars, while the lowest sales were on Monday, when sales amounted to 127 million and 85 thousand and 570 dollars.

He pointed out that sales of foreign remittances amounted during the past week to 539,954,091 dollars, an increase of 32.51%, compared to cash sales, which amounted to 364,400,000 dollars.

 

He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

 

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Views 73

Added 04/22/2023 - 2:04 PM

[3n1]

thanks for the articles yota those are some very large numbers of dinar exchanged for usd ,one can only hope the cbi is reducing the note count of iqd in country ,,,,, all the best

[yota691]

Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars

2023-04-29 05:48

 

Shafaq News/ The Central Bank of Iraq's total sales of hard currency to dollars decreased during the past week, to 500 million dollars, as a result of the coincidence of Sunday and Monday, the Eid al-Fitr holiday.

 

 

Shafaq News agency reporter stated that, during the past week, during the three days in which the auction opened, the central bank sold 546 million 632 thousand and 221 dollars, at a daily rate of 182 million 210 thousand and 740 dollars, a decrease of 19.41% from what it recorded in the previous week, in which it reached The sale rate is 226 million and 88 thousand and 522 dollars.

 

Our correspondent added that the highest dollar sales during the past week were on Wednesday, when sales amounted to 187,888,527 dollars, while the lowest sales were on Tuesday, when sales amounted to 171,508,366 dollars. 

 

He pointed out that sales of foreign remittances amounted to 492,32,222 dollars during the past week, an increase of 88.9% compared to cash sales, which amounted to 54,600,000 dollars.

 

He explained that sales went in the form of cash and remittances abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.