Report

rss

Iraq News

Kurdistan

Economy

World

All News

Foreign currency exchange drops, Iraq’ central bank says

Category: Economy

Date: 2021-04-27T09:28:19+0000
Foreign currency exchange drops, Iraq’ central bank says

Shafaq News / the Central Bank of Iraq on Tuesday, announced decrease in the foreign currency exchange.

Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 3.85% decrease to 200,454,012 dollars which the bank covered at an exchange rate of 1460 dinars per dollar.

He added that the sales operations were in the form of wire transfer (165,054,012 $) and credits (35,034,000$).

Last December, Iraq’s central bank increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to compensate for a decline in oil revenue due to low crude prices.

The central bank of Iraq said the key reason behind the dinar’s devaluation was to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq’s financial resources.

related

CBI sales inch up in Monday’s foreign currency auction

Date: 2021-07-05 10:36:04
CBI sales inch up in Monday’s foreign currency auction

CBI sales slip by +2%

Date: 2021-04-20 09:55:19
CBI sales slip by +2%

The PM's adviser: the new CBI instructions aim to combat money laundering

Date: 2021-10-14 10:14:53
The PM's adviser: the new CBI instructions aim to combat money laundering

CBI sales in the Foreign Currency Auction inched up by +2.5%

Date: 2021-05-27 11:22:03
CBI sales in the Foreign Currency Auction inched up by +2.5%

CBI sales in the currency auction decline today

Date: 2021-08-12 10:46:48
CBI sales in the currency auction decline today

CBI sales in the currency auction decline on Wednesday

Date: 2021-09-15 10:43:41
CBI sales in the currency auction decline on Wednesday

CBI sales in the foreign currency auction drop today

Date: 2021-06-17 10:38:21
CBI sales in the foreign currency auction drop today

CBI registers a +6.7 million dollars sales in today's currency auction

Date: 2021-01-20 09:24:01
CBI registers a +6.7 million dollars sales in today's currency auction